PHG Destin LLC is a real estate fund based in Atlanta, Georgia. According to its most recent Form D, filed Oct 3, 2018, it has sold $2,122,500 of interests to 24 investors since its first sale in Jul 2018. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Gregory Friedman.
- Total raised
- $2,122,500Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Jul 24, 2018
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gregory Friedman
- Latest Form D
- Oct 3, 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 PHG Destin LLC
What is the minimum investment for PHG Destin LLC?
According to its latest Form D, filed Oct 3, 2018, the minimum investment PHG Destin LLC accepts from an outside investor is $50,000.
Who can invest in PHG Destin LLC?
PHG Destin 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 PHG Destin LLC raised?
PHG Destin LLC reports $2,122,500 sold from 24 investors on its Form D filed Oct 3, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is PHG Destin LLC based?
PHG Destin LLC is based in Atlanta, Georgia.
When did PHG Destin LLC launch?
PHG Destin LLC reports its first sale in Jul 2018.
Size compared with every real estate fund
Raised more than 68% of the 494 real estate funds based in Georgia, and more than 47% of all 7,350 that report sales.