Rubenstein Properties Reit IIi Financing
Rubenstein Properties Reit IIi, Llc, Limited Liability Company just had published form D regarding $125,000 equity financing. This is a new filing. Rubenstein Properties Reit IIi was able to fundraise $118,000. That is 94.40% of the offering. The total private financing amount was $125,000. The form was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $7,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Rubenstein Properties Reit IIi is based in Georgia. The company’s business is REITS and Finance. The form D was signed by Jeffrey T Kusumi Principal. The company was incorporated in 2016. The filler’s address is: Rubenstein Properties Fund Iii Gp, Lp, 2929 Arch Street, 28Th Floor, Philadelphia, Pa, Pennsylvania, 19104-2868. Manager Rubenstein Properties Fund Iii Gp, Lp is the related person in the form and it has address: 2929 Arch Street, 28Th Floor, Philadelphia, Pa, Pennsylvania, 19104-2868. Link to Rubenstein Properties Reit IIi Filing: 000168992016000001.
Analysis of Rubenstein Properties Reit IIi Offering
On average, startups in the REITS and Finance sector, sell 56.00% of the total offering size. Rubenstein Properties Reit IIi sold 94.40% of the offering. The financing is still open. Could this mean that the trust in Rubenstein Properties Reit IIi is high? The average investment size for companies in the REITS and Finance industry is $988,700. The offering was 88.07% smaller than the average of $988,700. Of course this should not be seen as negative. Firms get financed for different needs and reasons. The minimum investment for this offering is set at $1000. 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 Rubenstein Properties Reit IIi Also
The Form D signed by Jeffrey T Kusumi might help Rubenstein Properties Reit IIi, 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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