Lupine LLC (MN) is a real estate fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jul 15, 2026, it has sold $11,623,427 of interests to 89 investors since its first sale in Jun 2026. 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 Curt Gunsbury; David Holman; Jason Lord.
- Total raised
- $11,623,427Cumulative sales reported on Form D
- Investors
- 89
- First sale
- Jun 8, 2026
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Curt Gunsbury; David Holman; Jason Lord
- Latest Form D
- Jul 15, 2026
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 Lupine LLC (MN)
What is the minimum investment for Lupine LLC (MN)?
According to its latest Form D, filed Jul 15, 2026, the minimum investment Lupine LLC (MN) accepts from an outside investor is $10,000.
Who can invest in Lupine LLC (MN)?
Lupine LLC (MN) 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 Lupine LLC (MN) raised?
Lupine LLC (MN) reports $11,623,427 sold from 89 investors on its Form D filed Jul 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Lupine LLC (MN) based?
Lupine LLC (MN) is based in Minneapolis, Minnesota.
When did Lupine LLC (MN) launch?
Lupine LLC (MN) reports its first sale in Jun 2026, 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 195 real estate funds based in Minnesota, and more than 81% of all 7,322 that report sales.