Lehi Spectrum LLC is a real estate fund based in Midvale, Utah. According to its most recent Form D, filed Mar 6, 2025, it has sold $28,000,000 of interests to 35 investors since its first sale in Feb 2025. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include James Balderson.
- Total raised
- $28,000,000Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Feb 10, 2025
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- James Balderson
- Latest Form D
- Mar 6, 2025
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 Lehi Spectrum LLC
What is the minimum investment for Lehi Spectrum LLC?
According to its latest Form D, filed Mar 6, 2025, the minimum investment Lehi Spectrum LLC accepts from an outside investor is $10,000.
Who can invest in Lehi Spectrum LLC?
Lehi Spectrum 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 Lehi Spectrum LLC raised?
Lehi Spectrum LLC reports $28,000,000 sold from 35 investors on its Form D filed Mar 6, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Lehi Spectrum LLC based?
Lehi Spectrum LLC is based in Midvale, Utah.
When did Lehi Spectrum LLC launch?
Lehi Spectrum LLC reports its first sale in Feb 2025, 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 91% of the 228 real estate funds based in Utah, and more than 90% of all 7,316 that report sales.