Summary
Riviera Avocado Grove is a $6,413,422 loan offering structured as a special purpose vehicle in Goleta, CA listed on FarmTogether.
The issuer is FarmTogether Riviera Grove LLC, organized in Delaware, offered under Rule 506(c).
The offering carries a stated rate of 9.3%, a term of 120 months, a loan-to-value of 22%, and a minimum investment of $15,000.
It is secured by First lien on Riviera Avocado Grove, 193.6 gross acres, Goleta CA.
Terms shown here are drawn from the private placement memorandum and were captured by AltStreet on 2026-05-02. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $6,413,422
- Stated rate
- 9.3%
- Term
- 120 months
- Loan-to-value
- 22%
- Minimum investment
- $15,000
- Distribution frequency
- Annual
- Tax document
- K1
- Status
- Open
- Exemption
- Rule 506(c)
- Issuing entity
- FarmTogether Riviera Grove LLC (Delaware)
- Target return
- 10.5% net IRR
- Senior secured
- Yes
- Collateral in place at close
- Yes
- Liquidity
- Locked
- Distributions
- Discretionary
- Lockup
- 120 months
- Launched
- 2026-04-07
- Closed
- 2026-07-31
- Expected exit
- 2036-04-01
Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.
Evidence on file
75 supporting passages on file for this offering from 1 source document, no discrepancies flagged. Each passage carries its page reference and, where one exists, the verbatim quote; the score fields above cite them. Read the passages in the terminal.
- Passages
- 75
- Source documents
- 1
- Analyst verified
- 0
- Discrepancies
- 0
Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks rate, LTV, and term percentiles against every tracked peer, 75 cited passages from the offering documents with page references, 43 comparable offerings side by side.
Access full researchQuestions About This Offering
What is Riviera Avocado Grove?
Riviera Avocado Grove is a $6,413,422 loan offering structured as a special purpose vehicle in Goleta, CA listed on FarmTogether. The issuer is FarmTogether Riviera Grove LLC, organized in Delaware, offered under Rule 506(c). The offering carries a stated rate of 9.3%, a term of 120 months, a loan-to-value of 22%, and a minimum investment of $15,000.
What interest rate does Riviera Avocado Grove pay?
The offering carries a stated rate of 9.3% over a term of 120 months, as disclosed at the time of the offering on FarmTogether. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.
What is the loan-to-value on Riviera Avocado Grove?
The disclosed loan-to-value is 22% on the property in Goleta, CA. For fix-and-flip and construction lending, this ratio is typically measured against after-repair value rather than the current as-is value, so it reflects a projected valuation rather than a realized one.
Who is the issuer of Riviera Avocado Grove?
The securities are issued by FarmTogether Riviera Grove LLC, organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.
When did Riviera Avocado Grove launch and close?
The offering launched on 2026-04-07. It closed on 2026-07-31. The expected exit date is 2036-04-01. AltStreet records its status as open.
What is the minimum investment for Riviera Avocado Grove?
The disclosed minimum is $15,000. Eligibility, availability, and the current status of this offering are determined by FarmTogether, not by AltStreet.
Is Riviera Avocado Grove still open to investors?
AltStreet's record shows the offering as open. AltStreet tracks this offering from platform disclosures, last captured 2026-05-02. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with FarmTogether before acting.
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