LB HiLo SPE, LLC is a real estate fund based in Salt Lake City, Utah. According to its most recent Form D, filed May 21, 2026, it has sold $1,200,000 of interests to 1 investor since its first sale in May 2026. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include LLC LB Management AZ; LLC GP Millburn 2025; LLC M&C Properties.
- Total raised
- $1,200,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- May 12, 2026
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- LLC LB Management AZ; LLC GP Millburn 2025; LLC M&C Properties
- Latest Form D
- May 21, 2026
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 LB HiLo SPE, LLC
What is the minimum investment for LB HiLo SPE, LLC?
LB HiLo SPE, LLC's latest Form D, filed May 21, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in LB HiLo SPE, LLC?
LB HiLo SPE, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has LB HiLo SPE, LLC raised?
LB HiLo SPE, LLC reports $1,200,000 sold from 1 investor on its Form D filed May 21, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is LB HiLo SPE, LLC based?
LB HiLo SPE, LLC is based in Salt Lake City, Utah.
When did LB HiLo SPE, LLC launch?
LB HiLo SPE, LLC reports its first sale in May 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 51% of the 227 real estate funds based in Utah, and more than 35% of all 7,337 that report sales.