EDGAR Verified
Primary Source · SEC.gov

Villas Apartments Investors LLC

Single-Deal SPV2019 vintage506(c)

Raised

$5M

Investors

45

Min Invest

$50,000

AltStreet Analysis

·

Generated from EDGAR primary sources

Villas Apartments Investors LLC, a Delaware LLC filed by executives Robert Howe, Daniel Foster, Matthew Hinrichs, and Thomas Grossi, raised $5.3M from 45 investors under Rule 506(c) exemption with a $50K minimum investment. The filing date is September 16, 2019, with no first sale date disclosed. This entity is part of the CrowdStreet platform, which operates 44 related EDGAR entities in real estate syndication.

This real estate offering uses the 506(c) exemption, which permits general solicitation to accredited investors, consistent with online syndication platforms. The $50K minimum investment is typical for CrowdStreet SPVs targeting accredited retail investors, positioning it in the accessible end of private real estate relative to institutional minimums of $250K-$1M+.

Data Flags

salesCommissionsAmountNo sales commissions disclosed on a $5.3M 506(c) offering with 45 investors, unusual for a platform-mediated raise typically involving finder or placement fees
firstSaleDateNo first sale date disclosed on an original filing with $5.3M already raised, suggesting potential late filing or incomplete disclosure
generalAverage investment of approximately $118K across 45 investors indicates relatively uniform distribution without obvious anchor investor concentration

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001788304
Entity NameVillas Apartments Investors LLC
ExemptionRule 506(c)
What the exemption meansRule 506(c) of Regulation D: the issuer may advertise the offering publicly, but every purchaser must be a verified accredited investor.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address1218 Third Ave Suite 2200, Seattle, WA 98101
Phone(206) 852-3325
Industry / Fund TypeCommercial
Securities TypeEquity
First Sale Date—
Filing DateSeptember 16, 2019
Accession Number0001788304-19-000008
Total Offering Amount$6,600,000
Total Amount Sold$5,325,000
Amount Remaining$1,275,000
Total Investors45
Non-Accredited InvestorsNone
Minimum Investment$50,000
Offering DurationOne year or less
Revenue Range$1,000,001 - $5,000,000
State (Issuer Address)WA
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

AltStreet Coverage

Original reporting from AltStreet's daily EDGAR monitoring covering CrowdStreet and its filings.

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In the Terminal

Filing events

0

none on file

Critical / warning

0 / 0

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Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

lapsed

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Robert Howe

Executive Officer · Seattle, WA

Daniel Foster

Director · Seattle, WA

Matthew Hinrichs

Director · Seattle, WA

Thomas Grossi

Director · Seattle, WA

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.

Crowdstreet Advisors LLCCRD 299176 on BrokerCheck

Associated broker-dealer: None · Portland, OR · Soliciting in all states

SCC ORION LLC

Associated broker-dealer: None · Mercer Island, WA · Soliciting in WA

Questions About Villas Apartments Investors LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Villas Apartments Investors LLC?

Villas Apartments Investors LLC is a Delaware limited liability company that filed a Form D with the SEC on September 16, 2019 in the Commercial industry group. The filing claims Rule 506(c) for an offering of equity. AltStreet links the issuer to CrowdStreet.

Is Villas Apartments Investors LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Villas Apartments Investors LLC filed a Form D with the SEC on September 16, 2019 claiming Rule 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $5,325,000 sold to 45 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to CrowdStreet, which AltStreet has reviewed. 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 Villas Apartments Investors 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 Villas Apartments Investors LLC claimed Rule 506(c) 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 Villas Apartments Investors LLC raised?

Villas Apartments Investors LLC reported $5,325,000 sold from 45 investors of a $6,600,000 total offering as of the Form D filed September 16, 2019.

Who can invest in Villas Apartments Investors LLC?

The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000.

What is the minimum investment in Villas Apartments Investors LLC?

The Form D lists $50,000 as the minimum investment accepted from any outside investor as of September 16, 2019. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Villas Apartments Investors LLC and how are they paid?

The Form D names Crowdstreet Advisors LLC (CRD 299176), associated with None; SCC ORION LLC, associated with None as recipients of sales compensation soliciting in all states.

Who is behind Villas Apartments Investors LLC?

The Form D lists 4 related persons: Robert Howe, executive officer; Daniel Foster, director; Matthew Hinrichs, director; Thomas Grossi, director. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Villas Apartments Investors LLC located?

The issuer's address on its SEC filings is 1218 Third Ave Suite 2200, Seattle, WA 98101. Its phone number of record is 2068523325. It is organized under the laws of Delaware.

How long is the Villas Apartments Investors 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, and no amendment is on record yet.

What is Villas Apartments Investors LLC's revenue?

The Form D reports a revenue range of $1,000,001 - $5,000,000.

Is this your offering?

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Data Methodology

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.