Today’s Form D Alert: Rise Properties Trust $380900 Fundraising. Dave Kirzinger Submitted Jul 11 form


REITS Finance Rise Properties Trust - Dave Kirzinger

Rise Properties Trust Financing

Rise Properties Trust, Business Trust just released form D regarding $380,900 equity financing. This is a new filing. Rise Properties Trust was able to sell $380,900. That is 100.00% of the fundraising offer. The total offering amount was $380,900. The form was filed on 2016-07-11. The reason for the financing was: Amount Sold: $500,000.00 CAD. Used exchange rate at 6/30/2016 of .7618..

Rise Properties Trust is based in British Columbia – Canada. The filler’s business is REITS and Finance. The form D was filed by Dave Kirzinger Director. The company was incorporated in 2012. The filler’s address is: 500 – 2609 Granville Street, Vancouver, A1, British Columbia, Canada, V6h 3H3. Gary Blakeslee is the related person in the form and it has address: 2505 Third Ave Suite 300, Seattle, Wa, Washington, 98121. Link to Rise Properties Trust Filing: 000164106716000002.

Analysis of Rise Properties Trust Offering

On average, startups in the REITS and Finance sector, sell 56.00% of the total offering amount. Rise Properties Trust sold 100.00% of the offering. Could this mean that the trust in Rise Properties Trust is high? The average offering amount for companies in the REITS and Finance industry is $988,700. The offering was 61.47% smaller than the average of $988,700. Of course this should not be taken as negative. Firms get financed for a variety of needs and reasons. The minimum investment for this offering was set at $1213. 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 Rise Properties Trust Also

The Form D signed by Dave Kirzinger might help Rise Properties Trust’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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