AltMountain

Direct Leased Properties, LLC

Waco, TX · CIK 1558681
Status: no Form D since Oct 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Direct Leased Properties, LLC is a real estate fund based in Waco, Texas. According to its most recent Form D, filed Oct 4, 2021, it has sold $1,050,000 of interests to 12 investors since its first sale in Sep 2012. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Todd Stoner.

Total raised
$1,050,000Cumulative sales reported on Form D
Investors
12
First sale
Sep 10, 2012
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Todd Stoner
Latest Form D
Oct 4, 2021

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Direct Leased Properties, LLC

What is the minimum investment for Direct Leased Properties, LLC?

According to its latest Form D, filed Oct 4, 2021, the minimum investment Direct Leased Properties, LLC accepts from an outside investor is $50,000.

Who can invest in Direct Leased Properties, LLC?

Direct Leased Properties, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Direct Leased Properties, LLC raised?

Direct Leased Properties, LLC reports $1,050,000 sold from 12 investors on its Form D filed Oct 4, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Direct Leased Properties, LLC based?

Direct Leased Properties, LLC is based in Waco, Texas.

When did Direct Leased Properties, LLC launch?

Direct Leased Properties, LLC reports its first sale in Sep 2012.

Size compared with every real estate fund

Raised more than 50% of the 1,419 real estate funds based in Texas, and more than 34% of all 7,349 that report sales.

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