Form D: Peco Real Estate Partners Net Lease Income Reit $60.00 million Fundraising. Sara J Brennan Filed Nov 14 SEC Form

REITS Finance Peco Real Estate Partners Net Lease Income Reit, Inc. - Sara J Brennan

Peco Real Estate Partners Net Lease Income Reit Financing

Peco Real Estate Partners Net Lease Income Reit, Inc., Corporation just submitted form D because of $60.00 million equity financing. The date of first sale was 2015-10-15. Peco Real Estate Partners Net Lease Income Reit was able to fundraise $9.52 million so far. That is 15.87% of the financing round. The total offering amount was $60.00 million. The form was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $50.48 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Peco Real Estate Partners Net Lease Income Reit is based in Utah. The filler’s business is REITS and Finance. The SEC form was signed by Sara J Brennan Chief Operating Officer. The company was incorporated in 2015. The filler’s address is: 1790 Bonanza Drive, Suite 201, Park City, Ut, Utah, 84060. [None] Peco Real Estate Partners, Llc is the related person in the form and it has address: 1790 Bonanza Drive, Suite 201, Park City, Ut, Utah, 84060. Link to Peco Real Estate Partners Net Lease Income Reit Filing: 000164878016000003.

Analysis of Peco Real Estate Partners Net Lease Income Reit Offering

On average, firms in the REITS and Finance sector, sell 56.00% of the total offering amount. Peco Real Estate Partners Net Lease Income Reit sold 15.87% of the offering. The financing is still open. The average offering size for companies in the REITS and Finance industry is $988,700. The total amount raised is 862.79% bigger than the average for companies in the REITS and Finance sector. The minimum investment for this financing was set at $0. 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 Peco Real Estate Partners Net Lease Income Reit Also

The Form D signed by Sara J Brennan might help Peco Real Estate Partners Net Lease Income Reit, Inc.’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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