AltMountain

LMS Grande Pointe, LLC

Status: no Form D since Jan 2018. 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.

LMS Grande Pointe, LLC is a real estate fund based in Homewood, Alabama. According to its most recent Form D, filed Jan 16, 2018, it has sold $1,452,500 of interests to 13 investors since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include James Harwell; LMS Real Estate Investment Management LLC; John Levy.

Total raised
$1,452,500Cumulative sales reported on Form D
Investors
13
First sale
Jan 3, 2018
Minimum investment
$5,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Other exemption
Key people and entities
James Harwell; LMS Real Estate Investment Management LLC; John Levy
Latest Form D
Jan 16, 2018

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 LMS Grande Pointe, LLC

What is the minimum investment for LMS Grande Pointe, LLC?

According to its latest Form D, filed Jan 16, 2018, the minimum investment LMS Grande Pointe, LLC accepts from an outside investor is $5,000.

Who can invest in LMS Grande Pointe, LLC?

LMS Grande Pointe, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).

How much has LMS Grande Pointe, LLC raised?

LMS Grande Pointe, LLC reports $1,452,500 sold from 13 investors on its Form D filed Jan 16, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is LMS Grande Pointe, LLC based?

LMS Grande Pointe, LLC is based in Homewood, Alabama.

When did LMS Grande Pointe, LLC launch?

LMS Grande Pointe, LLC reports its first sale in Jan 2018.

Size compared with every real estate fund

Raised more than 33% of the 91 real estate funds based in Alabama, and more than 39% of all 7,321 that report sales.

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