Form D · Lodging and Conventions

Papagayo Boutique Hotel LLC

Wayzata, MN · CIK 0001669402

Offering snapshot reported Mar 15, 2016 · SEC filing

Reported sold
Yet to sell
Offering amount: $12M
Investors reported
0
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Yet to occur
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 15, 2016InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$960K (estimated)
Form D file number
021-259270
Up to 20 Class A + 100 Class B Non-Voting Member Units sold on min. 5 Class A Units or none, 100 Class B Units max. basis. Price $100,000/Unit w/min. purchase 1 A Unit or 5 B Units, but no B Units to be sold until all 20 A Units sold (proceeds escrowed).
Issuer intends on selling the Units through its own efforts but reserves the right to engage one or more finders and to pay them an introducing fee of up to 8% of the gross debt and equity proceeds purchased.

Source: Form D, filed Mar 15, 2016. 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.

People and organizations reported in Form D filings
NameReported role
George Edmonson, Md Director
Lee Fundanet Director, Executive
Scott King Director
Kyle Kroeger Director
Pamela Kroeger Snyder Director, Executive
Thomas J. Puff Executive

Issuer details

Industry: Lodging and Conventions (See others in industry)

Address:
201 East Lake Street Suite 202
Wayzata, MN, 55391