Griffin Capital Development Partners Fund I, LLC 2026: Is It Legit? Form D Raise, Investors, Who Is Behind It

Q: What is Griffin Capital Development Partners Fund I, LLC?

Griffin Capital Development Partners Fund I, LLC is a Delaware limited liability company organized in 2015 that filed a Form D with the SEC on January 13, 2017 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.

Q: Is Griffin Capital Development Partners Fund I, LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Griffin Capital Development Partners Fund I, LLC filed a Form D with the SEC on January 13, 2017 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $29,699,897 sold to 215 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Q: Is Griffin Capital Development Partners Fund I, LLC registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Griffin Capital Development Partners Fund I, LLC claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

Q: How much has Griffin Capital Development Partners Fund I, LLC raised?

Griffin Capital Development Partners Fund I, LLC reported $29,699,897 sold from 215 investors of a $33,000,000 total offering as of the Form D filed January 13, 2017.

Q: Who can invest in Griffin Capital Development Partners Fund I, LLC?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $22,500.

Q: What is the minimum investment in Griffin Capital Development Partners Fund I, LLC?

The Form D lists $22,500 as the minimum investment accepted from any outside investor as of January 13, 2017. Issuers can waive their own minimums, and the figure does not include fees.

Q: Who is selling Griffin Capital Development Partners Fund I, LLC and how are they paid?

The Form D names Joyce An Thomas (CRD 2713664), associated with Independent Financial Group, LLC; Brett S. Ellen (CRD 1460478), associated with United Planners' Financial Services of America a Limited Partner; Larry Steckler (CRD 2621508), associated with Independent Financial Group, LLC; Cindy Couyoumjian (CRD 1456630), associated with Independent Financial Group, LLC and 36 others as recipients of sales compensation soliciting in CA, VT. Sales commissions are reported as $3,300,000 and finders' fees as $0. Form D allows these to be estimates.

Q: Who is behind Griffin Capital Development Partners Fund I, LLC?

The Form D lists 7 related persons: Kevin A. Shields, executive officer; Michael J. Escalante, executive officer; Joseph E. Miller, executive officer; Eric J. Kaplan, executive officer; Randy I. Anderson, executive officer; David C. Rupert, executive officer; C. Griffin Capital Vertical Partners, L.P., executive officer (Managing member of the issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Q: Where is Griffin Capital Development Partners Fund I, LLC located?

The issuer's address on its SEC filings is Griffin Capital Plaza, 1520 E. Grand Avenue, El Segundo, CA 90245. Its phone number of record is 3104696100. It is organized under the laws of Delaware.

Q: How long is the Griffin Capital Development Partners Fund I, LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 12 amendments are on record for this CIK.

AltStreetEDGAR DatabaseGriffin Capital Development Partners Fund I, LLC
SEC filing record
Primary Source · SEC.gov
Griffin Capital Development Partners Fund I, LLC2016 vintageRule 506(b)Filing record
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$30M
Investors
215
Min Invest
$22,500
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What this filing shows·Every sentence is a value as filed on SEC Form D
Griffin Capital Development Partners Fund I, LLC is a Delaware limited liability company organized in 2015 that first filed a Form D on June 10, 2016 and most recently amended it on January 13, 2017 in the Other Real Estate industry group. The offering claims Rule 506(b) and covers equity. Griffin Capital Development Partners Fund I, LLC reported $29,699,897 sold from 215 investors of a $33,000,000 total offering as of the Form D filed January 13, 2017. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $22,500. The Form D names Joyce An Thomas (CRD 2713664), associated with Independent Financial Group, LLC; Brett S. Ellen (CRD 1460478), associated with United Planners' Financial Services of America a Limited Partner; Larry Steckler (CRD 2621508), associated with Independent Financial Group, LLC; Cindy Couyoumjian (CRD 1456630), associated with Independent Financial Group, LLC and 36 others as recipients of sales compensation soliciting in CA, VT. Sales commissions are reported as $3,300,000 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is Griffin Capital Plaza, 1520 E. Grand Avenue, El Segundo, CA 90245.
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001656438
Entity NameGriffin Capital Development Partners Fund I, LLC
ExemptionRule 506(b)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Year Organized2015
Issuer AddressGriffin Capital Plaza, 1520 E. Grand Avenue, El Segundo, CA 90245
Phone(310) 469-6100
Industry / Fund TypeOther Real Estate
Securities TypeEquity
First Sale DateJune 22, 2016
Filing DateJanuary 13, 2017
Accession Number0001656438-17-000001
Total Offering Amount$33,000,000
Total Amount Sold$29,699,897
Amount Remaining$3,300,103
Total Investors215
Non-Accredited InvestorsNone
Minimum Investment$22,500
Offering DurationOne year or less
Sales Commissions$3,300,000 (to Joyce An Thomas and 39 others)
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)CA
Amendment Count13 filings on record
Filings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
D/AJanuary 13, 20170001656438-17-000001D/ANovember 18, 20160001656438-16-000012D/ANovember 4, 20160001656438-16-000011D/AOctober 21, 20160001656438-16-000010D/ASeptember 23, 20160001656438-16-000009D/ASeptember 9, 20160001656438-16-000008D/AAugust 29, 20160001656438-16-000007D/AAugust 8, 20160001656438-16-000006D/AJuly 25, 20160001656438-16-000005D/AJuly 14, 20160001656438-16-000004D/AJuly 6, 20160001656438-16-000003D/AJune 22, 20160001656438-16-000002DJune 10, 20160001656438-16-000001
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
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none on file
NAV prints
0
none on file
Offering chains
1
lapsed
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Fund family Part of the Griffin Capital Development Partners Fund family: 3 vehicles across 3 generations · full family and the filing behind each link in the terminal
Investor
The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Kevin A. Shields
Executive Officer · El Segundo, CA
Michael J. Escalante
Executive Officer · El Segundo, CA
Joseph E. Miller
Executive Officer · El Segundo, CA
Eric J. Kaplan
Executive Officer · El Segundo, CA
Randy I. Anderson
Executive Officer · El Segundo, CA
David C. Rupert
Executive Officer · El Segundo, CA
C. Griffin Capital Vertical Partners, L.P.
Executive Officer · El Segundo, CA
Managing member of the issuer.
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Joyce An ThomasCRD 2713664 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA, VT
Brett S. EllenCRD 1460478 on BrokerCheck 
Associated broker-dealer: United Planners' Financial Services of America a Limited Partner (CRD 20804) · Scottsdale, AZ · Soliciting in CA, CT, FL, IL, MA, NC, NJ, NY, TX, UT, VT, WI
Larry StecklerCRD 2621508 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in PA
Cindy CouyoumjianCRD 1456630 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA, NY
Jason StoneCRD 5455271 on BrokerCheck 
Associated broker-dealer: Crown Capital Securities LP (CRD 6312) · Orange, CA · Soliciting in CA
Daniel BecerraCRD 4166468 on BrokerCheck 
Associated broker-dealer: United Planners' Financial Services of America a Limited Partner (CRD 20804) · Scottsdale, AZ · Soliciting in WA
Kelly H. ClydeCRD 4825839 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Michael CarlinCRD 2790229 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in AZ
Christopher VizziCRD 5095868 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Griffin Capital Securities, LLCCRD 37739 on BrokerCheck 
Associated broker-dealer: None · Irvine, CA · Soliciting in AZ, CA, CO, CT, FL, IA, IL, IN, LA, MA, MI, NC, NJ, NM, NY, OR, PA, TX, UT, VT, WA, WI and outside the United States
Michael PrinceCRD 5677970 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Aubrey MorrowCRD 836500 on BrokerCheck 
Associated broker-dealer: Independent Financial Group LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Forrest PadillaCRD 4804740 on BrokerCheck 
Associated broker-dealer: Independent Financial Group LLC (CRD 7717) · San Diego, CA · Soliciting in CA, NC
Brian KingCRD 2922648 on BrokerCheck 
Associated broker-dealer: DFPG Investments, Inc. (CRD 155576) · South Jordan, UT · Soliciting in CA
Arthur MolloyCRD 734407 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Marcella HarknessCRD 1441468 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Steven BalabanCRD 1380366 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Richard JackmanCRD 2501641 on BrokerCheck 
Associated broker-dealer: Crown Capital Securities LP (CRD 6312) · Orange, CA · Soliciting in AZ, CA, TX and outside the United States
Steven NielsenCRD 4184826 on BrokerCheck 
Associated broker-dealer: DFPG Investments, Inc. (CRD 155576) · South Jordan, UT · Soliciting in AZ
Syauching HungCRD 4752296 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
David ElhoffCRD 855864 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Joseph Langlois IIICRD 4216281 on BrokerCheck 
Associated broker-dealer: DFPG Investments (CRD 155576) · South Jordan, UT · Soliciting in CA, CO
David KarandosCRD 1934119 on BrokerCheck 
Associated broker-dealer: Dinosaur Securities (CRD 104446) · New York, NY · Soliciting in IN
Haynes KendallCRD 1274737 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA, OR
Jeff FisherCRD 4950246 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA, OR
Stacey J. MorimotoCRD 4420782 on BrokerCheck 
Associated broker-dealer: DFPG Investments, Inc. (CRD 155576) · South Jordan, UT · Soliciting in CA
Thomas E. Burns, IIICRD 36422 on BrokerCheck 
Associated broker-dealer: Crown Capital Securities LP (CRD 6312) · Orange, CA · Soliciting in CA
Robert MeyerCRD 5262157 on BrokerCheck 
Associated broker-dealer: Berthel Fisher & Company Financial Services, Inc. (CRD 13609) · Cedar Rapids, IA · Soliciting in CA
Marcel PahmerCRD 4565391 on BrokerCheck 
Associated broker-dealer: Centaurus Financial Inc. (CRD 30833) · Anaheim, CA · Soliciting in CA
Jung H. LeeCRD 4410932 on BrokerCheck 
Associated broker-dealer: Independent Financial Group (CRD 7717) · San Diego, CA · Soliciting in WA
Yong S. ChangCRD 4440739 on BrokerCheck 
Associated broker-dealer: Independent Financial Group (CRD 7717) · San Diego, CA · Soliciting in WA
Mark John WilliamsCRD 4061842 on BrokerCheck 
Associated broker-dealer: Centaurus Financial Inc. (CRD 30833) · Anaheim, CA · Soliciting in CA
William BrennanCRD 3090544 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in CA
Seyed Ahmad HashemianCRD 1574079 on BrokerCheck 
Associated broker-dealer: Centaurus Financial Inc. (CRD 30833) · Anaheim, CA · Soliciting in NM
Craig BreitsprecherCRD 5842247 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in FL
Jigar DoshiCRD 4704420 on BrokerCheck 
Associated broker-dealer: Independent Financial Group, LLC (CRD 7717) · San Diego, CA · Soliciting in IL, LA, MI
Tony KassaeiCRD 4375259 on BrokerCheck 
Associated broker-dealer: Centaurus Financial Inc. (CRD 30833) · Anaheim, CA · Soliciting in CA
Tony NijmehCRD 2314585 on BrokerCheck 
Associated broker-dealer: DFPG Investments, Inc. (CRD 155576) · South Jordan, UT · Soliciting in CA
Colin MansfieldCRD 4643275 on BrokerCheck 
Associated broker-dealer: DFPG Investments, Inc. (CRD 155576) · South Jordan, UT · Soliciting in CA
Peter PoCRD 3106974 on BrokerCheck 
Associated broker-dealer: Ni Advisors (CRD 134502) · Oakland, CA · Soliciting in CA
Questions About Griffin Capital Development Partners Fund I, LLC
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Griffin Capital Development Partners Fund I, LLC?Griffin Capital Development Partners Fund I, LLC is a Delaware limited liability company organized in 2015 that filed a Form D with the SEC on January 13, 2017 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.
Is Griffin Capital Development Partners Fund I, LLC legit?AltStreet does not rate legitimacy; it reports the public record. Griffin Capital Development Partners Fund I, LLC filed a Form D with the SEC on January 13, 2017 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $29,699,897 sold to 215 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Griffin Capital Development Partners Fund I, LLC registered with or approved by the SEC?No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Griffin Capital Development Partners Fund I, LLC claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Griffin Capital Development Partners Fund I, LLC raised?Griffin Capital Development Partners Fund I, LLC reported $29,699,897 sold from 215 investors of a $33,000,000 total offering as of the Form D filed January 13, 2017.
Who can invest in Griffin Capital Development Partners Fund I, LLC?The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $22,500.
What is the minimum investment in Griffin Capital Development Partners Fund I, LLC?The Form D lists $22,500 as the minimum investment accepted from any outside investor as of January 13, 2017. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Griffin Capital Development Partners Fund I, LLC and how are they paid?The Form D names Joyce An Thomas (CRD 2713664), associated with Independent Financial Group, LLC; Brett S. Ellen (CRD 1460478), associated with United Planners' Financial Services of America a Limited Partner; Larry Steckler (CRD 2621508), associated with Independent Financial Group, LLC; Cindy Couyoumjian (CRD 1456630), associated with Independent Financial Group, LLC and 36 others as recipients of sales compensation soliciting in CA, VT. Sales commissions are reported as $3,300,000 and finders' fees as $0. Form D allows these to be estimates.
Who is behind Griffin Capital Development Partners Fund I, LLC?The Form D lists 7 related persons: Kevin A. Shields, executive officer; Michael J. Escalante, executive officer; Joseph E. Miller, executive officer; Eric J. Kaplan, executive officer; Randy I. Anderson, executive officer; David C. Rupert, executive officer; C. Griffin Capital Vertical Partners, L.P., executive officer (Managing member of the issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Griffin Capital Development Partners Fund I, LLC located?The issuer's address on its SEC filings is Griffin Capital Plaza, 1520 E. Grand Avenue, El Segundo, CA 90245. Its phone number of record is 3104696100. It is organized under the laws of Delaware.
How long is the Griffin Capital Development Partners Fund I, LLC offering open?The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 12 amendments are on record for this CIK.
What is Griffin Capital Development Partners Fund I, LLC's revenue?The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.