Corporate Center Building D Financing
Corporate Center Building D, Llc, Limited Liability Company just filed form D regarding $25.00 million debt financing. The date of first sale was 2016-10-03. Corporate Center Building D was able to fundraise $61,000 so far. That is 0.24% of the offering. The total fundraising amount was $25.00 million. The private financing document was filed on 2016-10-14. The reason for the financing was: unspecified. The fundraising still has about $24.94 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Corporate Center Building D is based in Alabama. The filler’s business is REITS and Finance. The form D was filed by Michael Shustek Manager of Managing Entity. The company was incorporated in 2016. The filler’s address is: 8880 W. Sunset Road, Suite 210, Las Vegas, Nv, Nevada, 89148. Michael Shustek is the related person in the form and it has address: 8880 W. Sunset Road, Suite 210, Las Vegas, Nv, Nevada, 89148. Link to Corporate Center Building D Filing: 000168172716000002.
Analysis of Corporate Center Building D Offering
On average, companies in the REITS and Finance sector, sell 56.00% of the total offering amount. Corporate Center Building D sold 0.24% of the offering. The financing is still open. The average fundraising amount for companies in the REITS and Finance industry is $988,700. The offering was 93.83% smaller than the average of $988,700. Of course this should not be interpreted as negative. Businesses get financed for different needs and reasons. The minimum investment for this fundraising is set at $15000. If you know more about the reasons for the financing, 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 Corporate Center Building D Also
The Form D signed by Michael Shustek might help Corporate Center Building D, 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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