LPP II, LLC
LPP II, LLC is a real estate fund based in Birmingham, Alabama. According to its most recent Form D, filed Feb 18, 2020, it has sold $900,000 of interests to 6 investors since its first sale in Feb 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Daniel Samford.
- Total raised
- $900,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Feb 13, 2020
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Samford
- Latest Form D
- Feb 18, 2020
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 LPP II, LLC
What is the minimum investment for LPP II, LLC?
According to its latest Form D, filed Feb 18, 2020, the minimum investment LPP II, LLC accepts from an outside investor is $50,000.
Who can invest in LPP II, LLC?
LPP II, 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 LPP II, LLC raised?
LPP II, LLC reports $900,000 sold from 6 investors on its Form D filed Feb 18, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is LPP II, LLC based?
LPP II, LLC is based in Birmingham, Alabama.
When did LPP II, LLC launch?
LPP II, LLC reports its first sale in Feb 2020.
Size compared with every real estate fund
Raised more than 30% of the 91 real estate funds based in Alabama, and more than 31% of all 7,337 that report sales.