Talas LLC is a real estate fund based in Poway, California. According to its most recent Form D, filed Jul 30, 2025, it has sold $6,350,000 of interests to 19 investors since its first sale in Mar 2024. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Joshua Santa.
- Total raised
- $6,350,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Mar 5, 2024
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joshua Santa
- Latest Form D
- Jul 30, 2025
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 Talas LLC
What is the minimum investment for Talas LLC?
According to its latest Form D, filed Jul 30, 2025, the minimum investment Talas LLC accepts from an outside investor is $50,000.
Who can invest in Talas LLC?
Talas 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 Talas LLC raised?
Talas LLC reports $6,350,000 sold from 19 investors on its Form D filed Jul 30, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Talas LLC based?
Talas LLC is based in Poway, California.
When did Talas LLC launch?
Talas LLC reports its first sale in Mar 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 75% of the 1,091 real estate funds based in California, and more than 70% of all 7,337 that report sales.