Leon Place LP is a real estate fund based in Houston, Texas. According to its most recent Form D, filed Nov 21, 2024, it has sold $700,000 of interests to 5 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $50,000. 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 Fazeel Lakhani.
- Total raised
- $700,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Nov 5, 2024
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Fazeel Lakhani
- Latest Form D
- Nov 21, 2024
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 Leon Place LP
What is the minimum investment for Leon Place LP?
According to its latest Form D, filed Nov 21, 2024, the minimum investment Leon Place LP accepts from an outside investor is $50,000.
Who can invest in Leon Place LP?
Leon Place LP 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 Leon Place LP raised?
Leon Place LP reports $700,000 sold from 5 investors on its Form D filed Nov 21, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Leon Place LP based?
Leon Place LP is based in Houston, Texas.
When did Leon Place LP launch?
Leon Place LP reports its first sale in Nov 2024, 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 45% of the 1,422 real estate funds based in Texas, and more than 27% of all 7,337 that report sales.