Follow The Form D: North Austin Apartment Portfolio Dst $21.03 million Fundraising. Warren Thomas Filed Oct 19 Form D

Commercial North Austin Apartment Portfolio Dst - Warren Thomas

North Austin Apartment Portfolio Dst Financing

North Austin Apartment Portfolio Dst, Business Trust just filed form D regarding $21.03 million equity financing. This is a new filing. North Austin Apartment Portfolio Dst is expected to finance itself with $21.03 million in this financing round. The total offering amount was $21.03 million. The fundraising form was filed on 2016-10-19. The reason for the financing was: unspecified. The fundraising still has about $21.03 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

North Austin Apartment Portfolio Dst is based in California. The filler’s business is Commercial. The D form was filed by Warren Thomas Manager. The company was incorporated in 2016. The filler’s address is: 200 South Los Robles Ave., Ste. 210, Pasadena, Ca, California, 91101. David Fisher is the related person in the form and it has address: 200 South Los Robles Ave., Ste. 210, Pasadena, Ca, California, 91101. Link to North Austin Apartment Portfolio Dst Filing: 000168792816000001.

Analysis of North Austin Apartment Portfolio Dst Offering

On average, companies in the Commercial sector, sell 65.22% of the total offering size. North Austin Apartment Portfolio Dst sold 0.00% of the offering. The financing is still open. The average fundraising amount for companies in the Commercial industry is $1.60 million. The offering was 100.00% smaller than the average of $1.60 million. Of course this should not be seen as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this offering is 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 North Austin Apartment Portfolio Dst Also

The Form D signed by Warren Thomas might help North Austin Apartment Portfolio Dst’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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