AltMountain

Lpre Draper, LLC

Orem, UT · CIK 1998534
Status: no Form D since Oct 2023. 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.

Lpre Draper, LLC is a real estate fund based in Orem, Utah. According to its most recent Form D, filed Oct 25, 2023, it has sold $7,216,053 of interests to 42 investors since its first sale in Oct 2023. The minimum investment it accepts from an outside investor is $35,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dan Thuet.

Total raised
$7,216,053Cumulative sales reported on Form D
Investors
42
First sale
Oct 10, 2023
Minimum investment
$35,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Dan Thuet
Latest Form D
Oct 25, 2023

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 Lpre Draper, LLC

What is the minimum investment for Lpre Draper, LLC?

According to its latest Form D, filed Oct 25, 2023, the minimum investment Lpre Draper, LLC accepts from an outside investor is $35,000.

Who can invest in Lpre Draper, LLC?

Lpre Draper, 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 Lpre Draper, LLC raised?

Lpre Draper, LLC reports $7,216,053 sold from 42 investors on its Form D filed Oct 25, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Lpre Draper, LLC based?

Lpre Draper, LLC is based in Orem, Utah.

When did Lpre Draper, LLC launch?

Lpre Draper, LLC reports its first sale in Oct 2023.

Size compared with every real estate fund

Raised more than 74% of the 226 real estate funds based in Utah, and more than 73% of all 7,311 that report sales.

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