KB Shepherd, DST
KB Shepherd, DST is a real estate fund based in Las Vegas, Nevada. According to its most recent Form D, filed Mar 4, 2025, it has sold $10,752,277 of interests to 4 investors since its first sale in Jan 2025. The minimum investment it accepts from an outside investor is $465,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include KB Shepherd MT, LLC; KB Exchange Properties, LLC; KB MT Holdings, LLC.
- Total raised
- $10,752,277Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Jan 31, 2025
- Minimum investment
- $465,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- KB Shepherd MT, LLC; KB Exchange Properties, LLC; KB MT Holdings, LLC
- Latest Form D
- Mar 4, 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 KB Shepherd, DST
What is the minimum investment for KB Shepherd, DST?
According to its latest Form D, filed Mar 4, 2025, the minimum investment KB Shepherd, DST accepts from an outside investor is $465,000.
Who can invest in KB Shepherd, DST?
KB Shepherd, 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 Shepherd, DST raised?
KB Shepherd, DST reports $10,752,277 sold from 4 investors on its Form D filed Mar 4, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is KB Shepherd, DST based?
KB Shepherd, DST is based in Las Vegas, Nevada.
When did KB Shepherd, DST launch?
KB Shepherd, DST reports its first sale in Jan 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 81% of the 128 real estate funds based in Nevada, and more than 80% of all 7,337 that report sales.