Fountains Apartments $450000 Financing. Mark S Carter Filed Aug 10 D Form

August 10, 2017 - By Dolores Ford

Fountains Apartments Financing

Fountains Apartments, Ltd., Limited Liability Company just filed form D because of $450,000 equity financing. This is a new filing. Fountains Apartments was able to sell $450,000. That is 100.00 % of the fundraising offer. The total fundraising amount was $450,000. The financing form was filed on 2017-08-10. The reason for the financing was: commissions to be 5% of total amount raised.

Fountains Apartments is based in California. The company’s business is Residential. The form was filed by Mark S Carter Member of Sequoia Equities XLI, LLC General Partner. The company was incorporated more than five years ago. The filler’s address is: 1777 Botelho Drive, Suite 300, Walnut Creek, Ca, California, 94596. Mark S Carter is the related person in the form and it has address: 1777 Botelho Drive, Suite 300, Walnut Creek, Ca, California, 94596. Link to Fountains Apartments Filing: 000171430317000001.

Analysis of Fountains Apartments Offering

On average, startups in the Residential sector, sell 100.00 % of the total offering amount. Fountains Apartments sold 100.00 % of the offering. Could this mean that the trust in Fountains Apartments is high? The average fundraising size for companies in the Residential industry is $178,000. The total amount raised is 152.81 % bigger than the average for companies in the Residential sector. The minimum investment for this financing was set at $100000. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Fountains Apartments Also

The Form D signed by Mark S Carter might help Fountains Apartments, Ltd.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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