Lbk99999 Dev, LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Jul 9, 2026, it has sold $100,000 of interests to 1 investor since its first sale in Jun 2026. The minimum investment it accepts from an outside investor is $100,000. 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 Brion Sargent; Patrick Justin; Donald Berndt III.
- Total raised
- $100,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jun 26, 2026
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Brion Sargent; Patrick Justin; Donald Berndt III
- Latest Form D
- Jul 9, 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 Lbk99999 Dev, LLC
What is the minimum investment for Lbk99999 Dev, LLC?
According to its latest Form D, filed Jul 9, 2026, the minimum investment Lbk99999 Dev, LLC accepts from an outside investor is $100,000.
Who can invest in Lbk99999 Dev, LLC?
Lbk99999 Dev, 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 Lbk99999 Dev, LLC raised?
Lbk99999 Dev, LLC reports $100,000 sold from 1 investor on its Form D filed Jul 9, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Lbk99999 Dev, LLC based?
Lbk99999 Dev, LLC is based in Austin, Texas.
When did Lbk99999 Dev, LLC launch?
Lbk99999 Dev, LLC reports its first sale in Jun 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 30% of the 1,422 real estate funds based in Texas, and more than 5% of all 7,337 that report sales.