Lakeside Blvd LLC is a real estate fund based in Frisco, Texas. According to its most recent Form D, filed Dec 20, 2021, it has sold $1,465,000 of interests to 14 investors since its first sale in Nov 2021. 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 Maruthi Somisetty; Tirumala Kanakamedala.
- Total raised
- $1,465,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Nov 16, 2021
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Maruthi Somisetty; Tirumala Kanakamedala
- Latest Form D
- Dec 20, 2021
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 Lakeside Blvd LLC
What is the minimum investment for Lakeside Blvd LLC?
According to its latest Form D, filed Dec 20, 2021, the minimum investment Lakeside Blvd LLC accepts from an outside investor is $50,000.
Who can invest in Lakeside Blvd LLC?
Lakeside Blvd 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 Lakeside Blvd LLC raised?
Lakeside Blvd LLC reports $1,465,000 sold from 14 investors on its Form D filed Dec 20, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Lakeside Blvd LLC based?
Lakeside Blvd LLC is based in Frisco, Texas.
When did Lakeside Blvd LLC launch?
Lakeside Blvd LLC reports its first sale in Nov 2021.
Size compared with every real estate fund
Raised more than 55% of the 1,416 real estate funds based in Texas, and more than 39% of all 7,311 that report sales.