KB Minneapolis, DST is a real estate fund based in Las Vegas, Nevada. According to its most recent Form D, filed Aug 30, 2018, it has sold $14,670,000 of interests to 42 investors since its first sale in Apr 2018. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Richard Arnitz; Steve Prescott; KB Exchange Properties, LLC.
- Total raised
- $14,670,000Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Apr 18, 2018
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Richard Arnitz; Steve Prescott; KB Exchange Properties, LLC
- Latest Form D
- Aug 30, 2018
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 Minneapolis, DST
What is the minimum investment for KB Minneapolis, DST?
According to its latest Form D, filed Aug 30, 2018, the minimum investment KB Minneapolis, DST accepts from an outside investor is $100,000.
Who can invest in KB Minneapolis, DST?
KB Minneapolis, 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 Minneapolis, DST raised?
KB Minneapolis, DST reports $14,670,000 sold from 42 investors on its Form D filed Aug 30, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is KB Minneapolis, DST based?
KB Minneapolis, DST is based in Las Vegas, Nevada.
When did KB Minneapolis, DST launch?
KB Minneapolis, DST reports its first sale in Apr 2018.
Size compared with every real estate fund
Raised more than 83% of the 127 real estate funds based in Nevada, and more than 84% of all 7,316 that report sales.