Penrose Hotel, LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Apr 27, 2018, it has sold $2,040,836 of interests to 7 investors since its first sale in Jul 2017. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Vincent DePillis; Lorraine Smiley; Samuel Thomassen.
- Total raised
- $2,040,836Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jul 27, 2017
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Vincent DePillis; Lorraine Smiley; Samuel Thomassen
- Latest Form D
- Apr 27, 2018
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 Penrose Hotel, LLC
What is the minimum investment for Penrose Hotel, LLC?
According to its latest Form D, filed Apr 27, 2018, the minimum investment Penrose Hotel, LLC accepts from an outside investor is $250,000.
Who can invest in Penrose Hotel, LLC?
Penrose Hotel, 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 Penrose Hotel, LLC raised?
Penrose Hotel, LLC reports $2,040,836 sold from 7 investors on its Form D filed Apr 27, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Penrose Hotel, LLC based?
Penrose Hotel, LLC is based in Seattle, Washington.
When did Penrose Hotel, LLC launch?
Penrose Hotel, LLC reports its first sale in Jul 2017.
Size compared with every real estate fund
Raised more than 61% of the 282 real estate funds based in Washington, and more than 46% of all 7,321 that report sales.