Form D · Commercial
Cove Net Lease Income Fund 18, LLC
Rolling Hills Estates, CA · CIK 0001823778
Offering snapshot reported Mar 21, 2024 · SEC filing
- Reported sold
- $23.5M Offering amount: $50M
- Investors reported
- 166 Form D · investor count
- Minimum accepted
- $1K Reported outside-investor minimum
- First sale
- Aug 24, 2020 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$22,618,010 → $23,503,760
- Reported investors157 → 166
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Mar 21, 2024 | Amendment | $23,503,760 | $885,750vs Oct 2, 2023 | 166 | SEC filing |
| Oct 2, 2023 | Amendment | $22,618,010 | $4,730,610vs Sep 27, 2022 | 157 | SEC filing |
| Sep 27, 2022 | Amendment | $17,887,400 | $7,655,000vs Jan 28, 2022 | 120 | SEC filing |
| Jan 28, 2022 | Amendment | $10,232,400 | $0vs Aug 27, 2021 | 68 | SEC filing |
| Aug 27, 2021 | Amendment | $10,232,400 | No comparison | Not reported | SEC filing |
| Sep 8, 2020 | Initial | $800,000 | No comparison | 5 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund
- Exemptions
- 06c
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $2M (estimated)
- Finders' fees
- $0
- Form D file number
- 021-374969
Initial offering is $50,000,000 however, the Issuer may increase the offering up to $100,000,000 at a later date.
This amount assumes all securities are sold for the initial offering of $50,000,000.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| FNEX Capital, LLC | 166316 | FNEX Capital, LLC · CRD 166316 |
Source: Form D, filed Mar 21, 2024. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| N/A Cove Capital Investments, Llc | Promoter |
| Dwight Kay | Executive |
| Chay Lapin | Executive |
Issuer details
Industry: Commercial (See others in industry)
Address:
46 E Peninsula Center Drive Ste 382
Rolling Hills Estates, CA, 90503
Rolling Hills Estates, CA, 90503