AltMountain

Lake Charles Properties LLC

Michigan City, IN · CIK 1909596
Status: no Form D since Feb 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.

Lake Charles Properties LLC is a real estate fund based in Michigan City, Indiana. According to its most recent Form D, filed Feb 18, 2022, it has sold $625,000 of interests to 10 investors since its first sale in Feb 2022. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Joel Florek.

Total raised
$625,000Cumulative sales reported on Form D
Investors
10
First sale
Feb 6, 2022
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Joel Florek
Latest Form D
Feb 18, 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 Lake Charles Properties LLC

What is the minimum investment for Lake Charles Properties LLC?

According to its latest Form D, filed Feb 18, 2022, the minimum investment Lake Charles Properties LLC accepts from an outside investor is $10,000.

Who can invest in Lake Charles Properties LLC?

Lake Charles Properties LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Lake Charles Properties LLC raised?

Lake Charles Properties LLC reports $625,000 sold from 10 investors on its Form D filed Feb 18, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Lake Charles Properties LLC based?

Lake Charles Properties LLC is based in Michigan City, Indiana.

When did Lake Charles Properties LLC launch?

Lake Charles Properties LLC reports its first sale in Feb 2022.

Size compared with every real estate fund

Raised more than 37% of the 156 real estate funds based in Indiana, and more than 26% of all 7,316 that report sales.

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