AltMountain

KGSB Lender, L.P.

West Conshohocken, PA · CIK 1936723
Status: no Form D since Dec 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.

KGSB Lender, L.P. is a real estate fund based in West Conshohocken, Pennsylvania. According to its most recent Form D, filed Dec 21, 2022, it has sold $10,000,000 of interests to 49 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $17,153. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include William Glazer; LLC KGSB Lender GP; Marc Rash.

Total raised
$10,000,000Cumulative sales reported on Form D
Investors
49
First sale
Dec 15, 2022
Minimum investment
$17,153
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
William Glazer; LLC KGSB Lender GP; Marc Rash
Latest Form D
Dec 21, 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 KGSB Lender, L.P.

What is the minimum investment for KGSB Lender, L.P.?

According to its latest Form D, filed Dec 21, 2022, the minimum investment KGSB Lender, L.P. accepts from an outside investor is $17,153.

Who can invest in KGSB Lender, L.P.?

KGSB Lender, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has KGSB Lender, L.P. raised?

KGSB Lender, L.P. reports $10,000,000 sold from 49 investors on its Form D filed Dec 21, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is KGSB Lender, L.P. based?

KGSB Lender, L.P. is based in West Conshohocken, Pennsylvania.

When did KGSB Lender, L.P. launch?

KGSB Lender, L.P. reports its first sale in Dec 2022.

Size compared with every real estate fund

Raised more than 80% of the 193 real estate funds based in Pennsylvania, and more than 78% of all 7,351 that report sales.

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