Strata Terraces, LLC is a real estate fund based in San Diego. According to its most recent Form D, filed Apr 20, 2016, it has sold $9,000,000 of interests to 2 investors since its first sale in Feb 2016. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Carlos Michan; David Michan.
- Total raised
- $9,000,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Feb 1, 2016
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Carlos Michan; David Michan
- Latest Form D
- Apr 20, 2016
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 Terraces, LLC
What is the minimum investment for Strata Terraces, LLC?
According to its latest Form D, filed Apr 20, 2016, the minimum investment Strata Terraces, LLC accepts from an outside investor is $250,000.
Who can invest in Strata Terraces, LLC?
Strata Terraces, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Strata Terraces, LLC raised?
Strata Terraces, LLC reports $9,000,000 sold from 2 investors on its Form D filed Apr 20, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Strata Terraces, LLC based?
Strata Terraces, LLC is based in San Diego.
When did Strata Terraces, LLC launch?
Strata Terraces, LLC reports its first sale in Feb 2016.