AltMountain

LB Properties XI, L.L.C.

West Des Moines, IA · CIK 1457520 · Sponsor: LB Properties
Status: no Form D since Mar 2009. 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.

LB Properties XI, L.L.C. is a real estate fund based in West Des Moines, Iowa. According to its most recent Form D, filed Mar 3, 2009, it has sold $530,000 of interests to 6 investors since its first sale in Mar 2009. The minimum investment it accepts from an outside investor is $25,000. Related persons named in the filing include Courtney Stevens; Jon Garnaas.

Total raised
$530,000Cumulative sales reported on Form D
Investors
6
First sale
Mar 1, 2009
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
Courtney Stevens; Jon Garnaas
Latest Form D
Mar 3, 2009

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 Properties XI, L.L.C.

What is the minimum investment for LB Properties XI, L.L.C.?

According to its latest Form D, filed Mar 3, 2009, the minimum investment LB Properties XI, L.L.C. accepts from an outside investor is $25,000.

Who can invest in LB Properties XI, L.L.C.?

LB Properties XI, L.L.C. is generally open only to investors who meet the eligibility rules in its offering documents.

How much has LB Properties XI, L.L.C. raised?

LB Properties XI, L.L.C. reports $530,000 sold from 6 investors on its Form D filed Mar 3, 2009. This is cumulative sales since the offering began, not current assets or performance.

Where is LB Properties XI, L.L.C. based?

LB Properties XI, L.L.C. is based in West Des Moines, Iowa.

When did LB Properties XI, L.L.C. launch?

LB Properties XI, L.L.C. reports its first sale in Mar 2009.

Size compared with every real estate fund

Raised more than 63% of the 51 real estate funds based in Iowa, and more than 25% of all 7,321 that report sales.

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