AltMountain

LB Properties XII LLC

West Des Moines, IA · CIK 1444128 · Sponsor: LB Properties
Status: no Form D since Sep 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 XII LLC is a real estate fund based in West Des Moines, Iowa. According to its most recent Form D, filed Sep 14, 2009, it has sold $1,385,000 of interests to 12 investors since its first sale in Aug 2008. The minimum investment it accepts from an outside investor is $25,000. Related persons named in the filing include Jon Garnaas; Courtney Stevens.

Total raised
$1,385,000Cumulative sales reported on Form D
Investors
12
First sale
Aug 1, 2008
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
Jon Garnaas; Courtney Stevens
Latest Form D
Sep 14, 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 XII LLC

What is the minimum investment for LB Properties XII LLC?

According to its latest Form D, filed Sep 14, 2009, the minimum investment LB Properties XII LLC accepts from an outside investor is $25,000.

Who can invest in LB Properties XII LLC?

LB Properties XII LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has LB Properties XII LLC raised?

LB Properties XII LLC reports $1,385,000 sold from 12 investors on its Form D filed Sep 14, 2009. This is cumulative sales since the offering began, not current assets or performance.

Where is LB Properties XII LLC based?

LB Properties XII LLC is based in West Des Moines, Iowa.

When did LB Properties XII LLC launch?

LB Properties XII LLC reports its first sale in Aug 2008.

Size compared with every real estate fund

Raised more than 76% of the 51 real estate funds based in Iowa, and more than 38% of all 7,350 that report sales.

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