AltMountain

KB Brooklyn Park, DST

Las Vegas, NV · CIK 1894161 · Sponsor: Kingsbarn Realty Capital, LLC
506(c)
Status: no Form D since Nov 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.

KB Brooklyn Park, DST is a real estate fund based in Las Vegas, Nevada. According to its most recent Form D, filed Nov 19, 2021, it has sold $20,785,136 of interests to 16 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $210,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include None KB Exchange Properties, LLC; James Kasim; None KB Brooklyn Park ST, LLC.

Total raised
$20,785,136Cumulative sales reported on Form D
Investors
16
First sale
Nov 9, 2021
Minimum investment
$210,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
None KB Exchange Properties, LLC; James Kasim; None KB Brooklyn Park ST, LLC
Latest Form D
Nov 19, 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 KB Brooklyn Park, DST

What is the minimum investment for KB Brooklyn Park, DST?

According to its latest Form D, filed Nov 19, 2021, the minimum investment KB Brooklyn Park, DST accepts from an outside investor is $210,000.

Who can invest in KB Brooklyn Park, DST?

KB Brooklyn Park, DST is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has KB Brooklyn Park, DST raised?

KB Brooklyn Park, DST reports $20,785,136 sold from 16 investors on its Form D filed Nov 19, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is KB Brooklyn Park, DST based?

KB Brooklyn Park, DST is based in Las Vegas, Nevada.

When did KB Brooklyn Park, DST launch?

KB Brooklyn Park, DST reports its first sale in Nov 2021.

Size compared with every real estate fund

Raised more than 83% of the 127 real estate funds based in Nevada, and more than 87% of all 7,321 that report sales.

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