FAC Lake Tower, LLC is a real estate fund based in Spokane, Washington. According to its most recent Form D, filed Jun 3, 2025, it has sold $9,133,900 of interests to 65 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Brian Betts.
- Total raised
- $9,133,900Cumulative sales reported on Form D
- Investors
- 65
- First sale
- Apr 24, 2025
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Brian Betts
- Latest Form D
- Jun 3, 2025
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 FAC Lake Tower, LLC
What is the minimum investment for FAC Lake Tower, LLC?
According to its latest Form D, filed Jun 3, 2025, the minimum investment FAC Lake Tower, LLC accepts from an outside investor is $25,000.
Who can invest in FAC Lake Tower, LLC?
FAC Lake Tower, 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 FAC Lake Tower, LLC raised?
FAC Lake Tower, LLC reports $9,133,900 sold from 65 investors on its Form D filed Jun 3, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is FAC Lake Tower, LLC based?
FAC Lake Tower, LLC is based in Spokane, Washington.
When did FAC Lake Tower, LLC launch?
FAC Lake Tower, LLC reports its first sale in Apr 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 87% of the 284 real estate funds based in Washington, and more than 77% of all 7,350 that report sales.