AltMountain

KB Sioux Falls, DST

Las Vegas, NV · CIK 1926198 · Sponsor: Kingsbarn Realty Capital, LLC
506(c)
Status: no Form D since May 2022. 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 Sioux Falls, DST is a real estate fund based in Las Vegas, Nevada. According to its most recent Form D, filed May 2, 2022, it has sold $2,457,209 of interests to 5 investors since its first sale in Apr 2022. The minimum investment it accepts from an outside investor is $202,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jeffrey Pori; None KB Exchange Properties, LLC; None KB Sioux Falls ST, LLC.

Total raised
$2,457,209Cumulative sales reported on Form D
Investors
5
First sale
Apr 27, 2022
Minimum investment
$202,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Jeffrey Pori; None KB Exchange Properties, LLC; None KB Sioux Falls ST, LLC
Latest Form D
May 2, 2022

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 Sioux Falls, DST

What is the minimum investment for KB Sioux Falls, DST?

According to its latest Form D, filed May 2, 2022, the minimum investment KB Sioux Falls, DST accepts from an outside investor is $202,000.

Who can invest in KB Sioux Falls, DST?

KB Sioux Falls, 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 Sioux Falls, DST raised?

KB Sioux Falls, DST reports $2,457,209 sold from 5 investors on its Form D filed May 2, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is KB Sioux Falls, DST based?

KB Sioux Falls, DST is based in Las Vegas, Nevada.

When did KB Sioux Falls, DST launch?

KB Sioux Falls, DST reports its first sale in Apr 2022.

Size compared with every real estate fund

Raised more than 57% of the 127 real estate funds based in Nevada, and more than 50% of all 7,350 that report sales.

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