PHX Hotel Ventures, LLC
PHX Hotel Ventures, LLC is a real estate fund based in Irvine, California. According to its most recent Form D, filed Apr 28, 2020, it has sold $19,900,000 of interests to 31 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $5,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Pacific Hospitality Group Ventures, Inc; Eric Stenehjem; Garrett Busch.
- Total raised
- $19,900,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Dec 2, 2019
- Minimum investment
- $5,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pacific Hospitality Group Ventures, Inc; Eric Stenehjem; Garrett Busch
- Latest Form D
- Apr 28, 2020
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 PHX Hotel Ventures, LLC
What is the minimum investment for PHX Hotel Ventures, LLC?
According to its latest Form D, filed Apr 28, 2020, the minimum investment PHX Hotel Ventures, LLC accepts from an outside investor is $5,000.
Who can invest in PHX Hotel Ventures, LLC?
PHX Hotel Ventures, 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 PHX Hotel Ventures, LLC raised?
PHX Hotel Ventures, LLC reports $19,900,000 sold from 31 investors on its Form D filed Apr 28, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is PHX Hotel Ventures, LLC based?
PHX Hotel Ventures, LLC is based in Irvine, California.
When did PHX Hotel Ventures, LLC launch?
PHX Hotel Ventures, LLC reports its first sale in Dec 2019.
Size compared with every real estate fund
Raised more than 86% of the 1,090 real estate funds based in California, and more than 87% of all 7,321 that report sales.