Tri-Lakes Developers, LLC is a real estate fund based in Saint John, Indiana. According to its most recent Form D, filed Jun 25, 2025, it has sold $250,000 of interests to 2 investors since its first sale in May 2025. The minimum investment it accepts from an outside investor is $100,000. 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 Calvin Berstler; Doug Allen.
- Total raised
- $250,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- May 19, 2025
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Calvin Berstler; Doug Allen
- Latest Form D
- Jun 25, 2025
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 Tri-Lakes Developers, LLC
What is the minimum investment for Tri-Lakes Developers, LLC?
According to its latest Form D, filed Jun 25, 2025, the minimum investment Tri-Lakes Developers, LLC accepts from an outside investor is $100,000.
Who can invest in Tri-Lakes Developers, LLC?
Tri-Lakes Developers, 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 Tri-Lakes Developers, LLC raised?
Tri-Lakes Developers, LLC reports $250,000 sold from 2 investors on its Form D filed Jun 25, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Tri-Lakes Developers, LLC based?
Tri-Lakes Developers, LLC is based in Saint John, Indiana.
When did Tri-Lakes Developers, LLC launch?
Tri-Lakes Developers, LLC reports its first sale in May 2025, 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 28% of the 155 real estate funds based in Indiana, and more than 18% of all 7,322 that report sales.