Lakes TX REIT, LLC is a real estate fund based in Atlanta, Georgia. According to its most recent Form D, filed Nov 9, 2018, it has sold $125,000 of interests to 125 investors since its first sale in Oct 2018. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Altman; David Dickson; Pamela Thomas.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Oct 31, 2018
- Minimum investment
- $1,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Altman; David Dickson; Pamela Thomas
- Latest Form D
- Nov 9, 2018
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 TX REIT, LLC
What is the minimum investment for Lakes TX REIT, LLC?
According to its latest Form D, filed Nov 9, 2018, the minimum investment Lakes TX REIT, LLC accepts from an outside investor is $1,000.
Who can invest in Lakes TX REIT, LLC?
Lakes TX REIT, 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 TX REIT, LLC raised?
Lakes TX REIT, LLC reports $125,000 sold from 125 investors on its Form D filed Nov 9, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Lakes TX REIT, LLC based?
Lakes TX REIT, LLC is based in Atlanta, Georgia.
When did Lakes TX REIT, LLC launch?
Lakes TX REIT, LLC reports its first sale in Oct 2018.
Size compared with every real estate fund
Raised more than 45% of the 494 real estate funds based in Georgia, and more than 8% of all 7,321 that report sales.