Lakes Austin Beta LLC is a real estate fund based in Plano, Texas. According to its most recent Form D, filed Sep 23, 2020, it has sold $16,020,000 of interests to 88 investors since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dustin Howard; Sapan Talati; Iqbal Mutabanna.
- Total raised
- $16,020,000Cumulative sales reported on Form D
- Investors
- 88
- First sale
- Sep 15, 2020
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Dustin Howard; Sapan Talati; Iqbal Mutabanna
- Latest Form D
- Sep 23, 2020
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 Lakes Austin Beta LLC
What is the minimum investment for Lakes Austin Beta LLC?
According to its latest Form D, filed Sep 23, 2020, the minimum investment Lakes Austin Beta LLC accepts from an outside investor is $50,000.
Who can invest in Lakes Austin Beta LLC?
Lakes Austin Beta 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 Lakes Austin Beta LLC raised?
Lakes Austin Beta LLC reports $16,020,000 sold from 88 investors on its Form D filed Sep 23, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Lakes Austin Beta LLC based?
Lakes Austin Beta LLC is based in Plano, Texas.
When did Lakes Austin Beta LLC launch?
Lakes Austin Beta LLC reports its first sale in Sep 2020.
Size compared with every real estate fund
Raised more than 90% of the 1,419 real estate funds based in Texas, and more than 85% of all 7,350 that report sales.