Grant Street Realty Group Financing
Grant Street Realty Group, Llc, Limited Liability Company just released form D for $800,000 equity financing. This is a new filing. Grant Street Realty Group was able to sell $800,000. That is 100.00% of the financing offer. The total private financing amount was $800,000. The financing form was filed on 2016-10-03. The reason for the financing was: Acquisition Fee in connection with purchase of real property.
Grant Street Realty Group is based in Alabama. The filler’s business is Residential. The D form was signed by Thomas E Watson Manager. The company was incorporated more than five years ago. The filler’s address is: C/O Port Property Management, Inc., 104 Grant Street, Portland, Me, Maine, 04101. Thomas E Watson is the related person in the form and it has address: 94 Pine Street, Portland, Me, Maine, 04102. Link to Grant Street Realty Group Filing: 000168622616000001.
Analysis of Grant Street Realty Group Offering
On average, firms in the Residential sector, sell 100.00% of the total offering size. Grant Street Realty Group sold 100.00% of the offering. Could this mean that the trust in Grant Street Realty Group is high? The average fundraising size for companies in the Residential industry is $178,000. The total amount raised is 349.44% bigger than the average for companies in the Residential sector. The minimum investment for this financing is set at $50000. 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 Grant Street Realty Group Also
The Form D signed by Thomas E Watson might help Grant Street Realty Group, Llc’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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