AltMountain

ProDev Orlando Apts, LP

Chicago, IL · CIK 1865540 · Sponsor: Promus Realty Manager, LLC
Status: no Form D since Jun 2021. 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.

ProDev Orlando Apts, LP is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 9, 2021, it has sold $14,490,000 of interests to 64 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include ProDev Orlando Apts GP, LLC; Promus Realty Manager, LLC.

Total raised
$14,490,000Cumulative sales reported on Form D
Investors
64
First sale
May 22, 2021
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
ProDev Orlando Apts GP, LLC; Promus Realty Manager, LLC
Latest Form D
Jun 9, 2021

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 ProDev Orlando Apts, LP

What is the minimum investment for ProDev Orlando Apts, LP?

According to its latest Form D, filed Jun 9, 2021, the minimum investment ProDev Orlando Apts, LP accepts from an outside investor is $100,000.

Who can invest in ProDev Orlando Apts, LP?

ProDev Orlando Apts, LP 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 ProDev Orlando Apts, LP raised?

ProDev Orlando Apts, LP reports $14,490,000 sold from 64 investors on its Form D filed Jun 9, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is ProDev Orlando Apts, LP based?

ProDev Orlando Apts, LP is based in Chicago, Illinois.

When did ProDev Orlando Apts, LP launch?

ProDev Orlando Apts, LP reports its first sale in May 2021.

Size compared with every private investment fund

Raised more than 44% of the 553 private investment funds based in Illinois, and more than 46% of all 10,248 that report sales.

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