Oasis Collections filed for first close after raising 79% of its financing round


oasis luxury rentals$1.67 million worth of mezzanine securities started to be placed by Oasis Collections a couple of months ago. Based on the information disclosed, a total of eighteen investors bought 79% of the $2.1 million security offering. Based on the offering’s structure, the company has until April 2015 to raise an extra $434,000. One prior placement was closed under regulation D by the company and raised an estimated $2.77 million.

Oasis Collections markets portfolio management services of high end, short term rentals in destinations around the world, as well as a network of Members’ clubs. The company’s portfolio includes luxury apartments in Buenos Aires and Bogotá, furnished rentals in Miami, beachfront rentals in Rio de Janeiro, corporate housing in São Paulo, colonial villas in Cartagena, modern villas in Punta del Este and Florianópolis.

The company, headquartered in New York NY, is led by Parker A Stanberry (CEO). Oasis Collections disclosed having revenues on or below $5 million.
The executive team includes Doug Scherrer, Matthew Harty and Parker Andrew Stanberry.
The board of directors includes Christopher G Lanning, Glen Kacher, John Scott Sinclair and William Joseph Bateman.

The company has raised an estimated total of $4.43 million via private unregistered security offerings.

Oasis Collections is registered under the name Oasis Luxury Rentals.

Offering recap
Status: First close
Company: Oasis Collections
Industry: Other Travel
Amount offered: $2.1 million
Amount placed: $1.67 million
First sale: 04-02-2014
Data as of: 05-27-2014

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s