Strata Palma, LLC is a real estate fund based in San Diego, California. According to its most recent Form D, filed May 11, 2015, it has sold $4,500,000 of interests to 23 investors since its first sale in Nov 2014. 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 David Michan.
- Total raised
- $4,500,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Nov 25, 2014
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Michan
- Latest Form D
- May 11, 2015
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 Strata Palma, LLC
What is the minimum investment for Strata Palma, LLC?
According to its latest Form D, filed May 11, 2015, the minimum investment Strata Palma, LLC accepts from an outside investor is $50,000.
Who can invest in Strata Palma, LLC?
Strata Palma, 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 Strata Palma, LLC raised?
Strata Palma, LLC reports $4,500,000 sold from 23 investors on its Form D filed May 11, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Strata Palma, LLC based?
Strata Palma, LLC is based in San Diego, California.
When did Strata Palma, LLC launch?
Strata Palma, LLC reports its first sale in Nov 2014.
Size compared with every real estate fund
Raised more than 71% of the 1,095 real estate funds based in California, and more than 63% of all 7,350 that report sales.