LSC-Towson MD, DST: Form D filings, $39.5M sold to 123 investors (2022 to 2026)

Q: What is LSC-Towson MD, DST?

LSC-Towson MD, DST is a Delaware entity that filed a Form D with the SEC on November 9, 2023 in the Residential industry group. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), 3C.6 for an offering of equity and pooled investment fund interests.

Q: Is LSC-Towson MD, DST legit?

AltStreet does not rate legitimacy; it reports the public record. LSC-Towson MD, DST filed a Form D with the SEC on November 9, 2023 claiming Rule 506(b), Section 3(c), Section 3(c)(1), 3C.6. A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $39,500,000 sold to 123 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Q: Is LSC-Towson MD, DST registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that LSC-Towson MD, DST claimed Rule 506(b), Section 3(c), Section 3(c)(1), 3C.6 and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

Q: How much has LSC-Towson MD, DST raised?

LSC-Towson MD, DST reported $39,500,000 sold from 123 investors of a $39,500,000 total offering as of the Form D filed November 9, 2023.

Q: Who can invest in LSC-Towson MD, DST?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000.

Q: What is the minimum investment in LSC-Towson MD, DST?

The Form D lists $50,000 as the minimum investment accepted from any outside investor as of November 9, 2023. Issuers can waive their own minimums, and the figure does not include fees.

Q: Who is selling LSC-Towson MD, DST and how are they paid?

The Form D names Orchard Securities, LLC (CRD 133378), associated with None; Lightpath Capital, Inc. (CRD 34617), associated with None; Great Point Capital LLC (CRD 114203), associated with None; FNEX Capital, LLC (CRD 166316), associated with None and 14 others as recipients of sales compensation soliciting in all states.

Q: Who is behind LSC-Towson MD, DST?

The Form D lists 4 related persons: Livingston Street Capital, LLC, executive officer (Sponsor of the Issuer); Livingston Street Multi13 Services, LLC, executive officer (Signatory Trustee); LSC Depositor Towson Multi13, LLC, executive officer (Depositor); Peter V. Scola, executive officer (Chief Executive Officer of Sponsor). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Q: Where is LSC-Towson MD, DST located?

The issuer's address on its SEC filings is 170 N. Radnor Chester Road, Suite 250, Radnor, PA 19087. Its phone number of record is 855-434-2233. It is organized under the laws of Delaware.

Q: How long is the LSC-Towson MD, DST offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 2 amendments are on record for this CIK.

AltStreetEDGAR DatabaseLSC-Towson MD, DST
SEC filing record
Primary Source · SEC.gov
LSC-Towson MD, DST2022 vintageRule 506(b), Section 3(c), Section 3(c)(1), 3C.6Filing record
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$40M
Investors
123
Min Invest
$50,000
Is this your company or fund? Claim this page free, or verify it and carry the Verified Issuer mark.
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What this filing shows·Every sentence is a value as filed on SEC Form D
LSC-Towson MD, DST is a Delaware entity that first filed a Form D on July 25, 2022 and most recently amended it on November 9, 2023 in the Residential industry group. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1), 3C.6 and covers equity and pooled investment fund interests. LSC-Towson MD, DST reported $39,500,000 sold from 123 investors of a $39,500,000 total offering as of the Form D filed November 9, 2023. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000. The Form D names Orchard Securities, LLC (CRD 133378), associated with None; Lightpath Capital, Inc. (CRD 34617), associated with None; Great Point Capital LLC (CRD 114203), associated with None; FNEX Capital, LLC (CRD 166316), associated with None and 14 others as recipients of sales compensation soliciting in all states. The issuer's address of record is 170 N. Radnor Chester Road, Suite 250, Radnor, PA 19087.
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001939611
Entity NameLSC-Towson MD, DST
ExemptionRule 506(b), Section 3(c), Section 3(c)(1), 3C.6
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners.
Entity TypeOther
Jurisdiction of OrganizationDelaware
Issuer Address170 N. Radnor Chester Road, Suite 250, Radnor, PA 19087
Phone(855) 434-2233
Industry / Fund TypeResidential
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities TypeEquity, Pooled investment fund interests
First Sale DateAugust 8, 2022
Filing DateNovember 9, 2023
Accession Number0001939611-23-000001
Total Offering Amount$39,500,000
Total Amount Sold$39,500,000
Amount Remaining$0
Total Investors123
Non-Accredited InvestorsNone
Minimum Investment$50,000
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)PA
Amendment Count3 filings on record
Filings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
D/ANovember 9, 20230001939611-23-000001D/ANovember 9, 20220001939611-22-000002DJuly 25, 20220001939611-22-000001
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Statements extracted
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NAV prints
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none on file
Offering chains
1
closed
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Item 3 changed on the Form D filed 2023-11-09: 0 related persons added and 1 removed against the filing of 2022-11-09; 4 now listed. The names are in the Terminal feed.
Livingston Street Capital, LLC
Executive Officer · Radnor, PA
Sponsor of the Issuer
Livingston Street Multi13 Services, LLC
Executive Officer · Radnor, PA
Signatory Trustee
LSC Depositor Towson Multi13, LLC
Executive Officer · Radnor, PA
Depositor
Peter V. Scola
Executive Officer · Radnor, PA
Chief Executive Officer of Sponsor
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Orchard Securities, LLCCRD 133378 on BrokerCheck 
Associated broker-dealer: None · Pleasant Grove, UT · Soliciting in all states
Lightpath Capital, Inc.CRD 34617 on BrokerCheck 
Associated broker-dealer: None · Southlake, TX · Soliciting in CA
Great Point Capital LLCCRD 114203 on BrokerCheck 
Associated broker-dealer: None · Chicago, IL · Soliciting in CO, DE, ID, MN, UT
FNEX Capital, LLCCRD 166316 on BrokerCheck 
Associated broker-dealer: None · Indianapolis, IN · Soliciting in AZ, CA, CT, DC, FL, ID, KS, MA, MD, MO, NC, NJ, NV, NY, OH, OR, PA, RI, TX, UT, VA, WA
American Trust Investment Services, Inc.CRD 30011 on BrokerCheck 
Associated broker-dealer: None · Whiting, IN · Soliciting in CA, CO, FL, KY, OR
TCFG Wealth Management, LLCCRD 164153 on BrokerCheck 
Associated broker-dealer: None · Laguna Niguel, CA · Soliciting in NJ
DAI Securities, LLCCRD 36673 on BrokerCheck 
Associated broker-dealer: None · Atlanta, GA · Soliciting in CA, IL, MA, NJ, NY, WI
Whitehall-Parker Securities, Inc.CRD 10608 on BrokerCheck 
Associated broker-dealer: None · San Rafael, CA · Soliciting in CA
Coastal Equities, Inc.CRD 23769 on BrokerCheck 
Associated broker-dealer: None · Wilmington, DE · Soliciting in NJ, PA
Emerson Equity LLCCRD 130032 on BrokerCheck 
Associated broker-dealer: None · San Mateo, CA · Soliciting in CA, IL, OR
Wealthforge Securities, LLCCRD 152550 on BrokerCheck 
Associated broker-dealer: None · Richmond, VA · Soliciting in AZ, CA, CO, NJ, RI, VA, WA
McDermott Investment Services, LLCCRD 154926 on BrokerCheck 
Associated broker-dealer: None · Bethlehem, PA · Soliciting in CA, PA
IBN Financial Services, Inc.CRD 42360 on BrokerCheck 
Associated broker-dealer: None · Liverpool, NY · Soliciting in CT, MA, NJ, NY
Capulent LLCCRD 155155 on BrokerCheck 
Associated broker-dealer: None · Phoenix, AZ · Soliciting in CA
Realized Financial, Inc.CRD 22333 on BrokerCheck 
Associated broker-dealer: None · Austin, TX · Soliciting in PA
Clear FP Securities, LLCCRD 312370 on BrokerCheck 
Associated broker-dealer: None · Lake Oswego, OR · Soliciting in OR
AGES Financial Services, Ltd.CRD 15427 on BrokerCheck 
Associated broker-dealer: None · Woburn, MA · Soliciting in FL
DFPG Investments, LLCCRD 155576 on BrokerCheck 
Associated broker-dealer: None · Sandy, UT · Soliciting in OR
Questions About LSC-Towson MD, DST
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is LSC-Towson MD, DST?LSC-Towson MD, DST is a Delaware entity that filed a Form D with the SEC on November 9, 2023 in the Residential industry group. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), 3C.6 for an offering of equity and pooled investment fund interests.
Is LSC-Towson MD, DST legit?AltStreet does not rate legitimacy; it reports the public record. LSC-Towson MD, DST filed a Form D with the SEC on November 9, 2023 claiming Rule 506(b), Section 3(c), Section 3(c)(1), 3C.6. A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $39,500,000 sold to 123 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is LSC-Towson MD, DST registered with or approved by the SEC?No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that LSC-Towson MD, DST claimed Rule 506(b), Section 3(c), Section 3(c)(1), 3C.6 and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has LSC-Towson MD, DST raised?LSC-Towson MD, DST reported $39,500,000 sold from 123 investors of a $39,500,000 total offering as of the Form D filed November 9, 2023.
Who can invest in LSC-Towson MD, DST?The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000.
What is the minimum investment in LSC-Towson MD, DST?The Form D lists $50,000 as the minimum investment accepted from any outside investor as of November 9, 2023. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling LSC-Towson MD, DST and how are they paid?The Form D names Orchard Securities, LLC (CRD 133378), associated with None; Lightpath Capital, Inc. (CRD 34617), associated with None; Great Point Capital LLC (CRD 114203), associated with None; FNEX Capital, LLC (CRD 166316), associated with None and 14 others as recipients of sales compensation soliciting in all states.
Who is behind LSC-Towson MD, DST?The Form D lists 4 related persons: Livingston Street Capital, LLC, executive officer (Sponsor of the Issuer); Livingston Street Multi13 Services, LLC, executive officer (Signatory Trustee); LSC Depositor Towson Multi13, LLC, executive officer (Depositor); Peter V. Scola, executive officer (Chief Executive Officer of Sponsor). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is LSC-Towson MD, DST located?The issuer's address on its SEC filings is 170 N. Radnor Chester Road, Suite 250, Radnor, PA 19087. Its phone number of record is 855-434-2233. It is organized under the laws of Delaware.
How long is the LSC-Towson MD, DST offering open?The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 2 amendments are on record for this CIK.
What is LSC-Towson MD, DST's revenue?The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.