Offering RecordFarmland

Riviera Avocado Grove

Goleta, CAFarmTogether
Captured May 2, 2026
Offering amount

$6,413,422

Stated rate

9.3%

Term

120 mo

Minimum

$15,000

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

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Terminal analysis for this offering

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Questions 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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Sources & Related Research

AltStreet tracks this offering from primary sources and has no commercial relationship with the platform or issuer. Figures are as disclosed and may be incomplete; offering status changes without a corresponding filing in many cases. This page is informational and is not investment, legal, or tax advice, and it is not an offer to sell or a solicitation to buy any security.