AltMountain

PDC Ventana Lakes, Ltd

Houston, TX · CIK 1929314 · Sponsor: PDC Development Company, LLC
Status: no Form D since Jun 2022. 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.

PDC Ventana Lakes, Ltd is a real estate fund based in Houston, Texas. According to its most recent Form D, filed Jun 13, 2022, it has sold $3,675,000 of interests to 40 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Andrew Pappas; PDC Development Company, LLC; PDC Ventana Lakes GP, LCC.

Total raised
$3,675,000Cumulative sales reported on Form D
Investors
40
First sale
Dec 13, 2021
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Andrew Pappas; PDC Development Company, LLC; PDC Ventana Lakes GP, LCC
Latest Form D
Jun 13, 2022

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 PDC Ventana Lakes, Ltd

What is the minimum investment for PDC Ventana Lakes, Ltd?

According to its latest Form D, filed Jun 13, 2022, the minimum investment PDC Ventana Lakes, Ltd accepts from an outside investor is $25,000.

Who can invest in PDC Ventana Lakes, Ltd?

PDC Ventana Lakes, Ltd 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 PDC Ventana Lakes, Ltd raised?

PDC Ventana Lakes, Ltd reports $3,675,000 sold from 40 investors on its Form D filed Jun 13, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is PDC Ventana Lakes, Ltd based?

PDC Ventana Lakes, Ltd is based in Houston, Texas.

When did PDC Ventana Lakes, Ltd launch?

PDC Ventana Lakes, Ltd reports its first sale in Dec 2021.

Size compared with every real estate fund

Raised more than 71% of the 1,419 real estate funds based in Texas, and more than 59% of all 7,348 that report sales.

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