AltMountain

Parallel Homes B, LLC

Richmond, VA · CIK 1618800
Status: no Form D since Sep 2014. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Parallel Homes B, LLC is a real estate fund based in Richmond, Virginia. According to its most recent Form D, filed Sep 8, 2014, it has sold $1,399,809 of interests to 13 investors since its first sale in Jul 2010. The minimum investment it accepts from an outside investor is $30,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include 37th Parallel Properties, Inc; Chad Doty; Edward Barriskill.

Total raised
$1,399,809Cumulative sales reported on Form D
Investors
13
First sale
Jul 22, 2010
Minimum investment
$30,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
37th Parallel Properties, Inc; Chad Doty; Edward Barriskill
Latest Form D
Sep 8, 2014

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Parallel Homes B, LLC

What is the minimum investment for Parallel Homes B, LLC?

According to its latest Form D, filed Sep 8, 2014, the minimum investment Parallel Homes B, LLC accepts from an outside investor is $30,000.

Who can invest in Parallel Homes B, LLC?

Parallel Homes B, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Parallel Homes B, LLC raised?

Parallel Homes B, LLC reports $1,399,809 sold from 13 investors on its Form D filed Sep 8, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Parallel Homes B, LLC based?

Parallel Homes B, LLC is based in Richmond, Virginia.

When did Parallel Homes B, LLC launch?

Parallel Homes B, LLC reports its first sale in Jul 2010.

Size compared with every real estate fund

Raised more than 52% of the 141 real estate funds based in Virginia, and more than 38% of all 7,311 that report sales.

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