AltMountain

SFC Parrot 16, LLC

Lake Forest, CA · CIK 1667496
Status: no Form D since Aug 2017. 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.

SFC Parrot 16, LLC is a real estate fund based in Lake Forest, California. According to its most recent Form D, filed Aug 10, 2017, it has sold $1,085,000 of interests to 29 investors since its first sale in Nov 2015. The minimum investment it accepts from an outside investor is $30,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Roger Fiola; Richard Fiola; Damian Lynch.

Total raised
$1,085,000Cumulative sales reported on Form D
Investors
29
First sale
Nov 20, 2015
Minimum investment
$30,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Roger Fiola; Richard Fiola; Damian Lynch
Latest Form D
Aug 10, 2017

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 SFC Parrot 16, LLC

What is the minimum investment for SFC Parrot 16, LLC?

According to its latest Form D, filed Aug 10, 2017, the minimum investment SFC Parrot 16, LLC accepts from an outside investor is $30,000.

Who can invest in SFC Parrot 16, LLC?

SFC Parrot 16, 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 SFC Parrot 16, LLC raised?

SFC Parrot 16, LLC reports $1,085,000 sold from 29 investors on its Form D filed Aug 10, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is SFC Parrot 16, LLC based?

SFC Parrot 16, LLC is based in Lake Forest, California.

When did SFC Parrot 16, LLC launch?

SFC Parrot 16, LLC reports its first sale in Nov 2015.

Size compared with every real estate fund

Raised more than 51% of the 1,092 real estate funds based in California, and more than 34% of all 7,351 that report sales.

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