Form D Reporting: Decorah Hotel Partners $2.00 million Financing. Robert E Tunheim Filed Jul 13 Form D

Lodging and Conventions Decorah Hotel Partners Lp - Robert E Tunheim

Decorah Hotel Partners Financing

Decorah Hotel Partners Lp, Limited Partnership just released form D regarding $2.00 million equity financing. This is a new filing. Decorah Hotel Partners was able to finance itself with $1.50 million so far. That is 75.00% of the financing round. The total private financing amount was $2.00 million. The financing form was filed on 2016-07-13. The reason for the financing was: unspecified. The fundraising still has about $500,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Decorah Hotel Partners is based in Alabama. The filler’s business is Lodging and Conventions. The D form was submitted by Robert E Tunheim Authorized Person. The company was incorporated in 2016. The filler’s address is: 527 Professional Dr., Ste. 100, Northfield, Mn, Minnesota, 55057. Llc Rebound Winneshiek, is the related person in the form and it has address: 527 Professional Dr., Ste. 100, Northfield, Mn, Minnesota, 55057. Link to Decorah Hotel Partners Filing: 000161559416000241.

Analysis of Decorah Hotel Partners Offering

On average, startups in the Lodging and Conventions sector, sell 27.00% of the total offering amount. Decorah Hotel Partners sold 75.00% of the offering. The financing is still open. Could this mean that the trust in Decorah Hotel Partners is high? The average investment size for companies in the Lodging and Conventions industry is $693,000. The total amount raised is 116.45% bigger than the average for companies in the Lodging and Conventions sector. The minimum investment for this offering is set at $25000. 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 Decorah Hotel Partners Also

The Form D signed by Robert E Tunheim might help Decorah Hotel Partners Lp’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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