SEC filing record
Primary Source · SEC.gov

Lex Apartments 102b, LLC

2023 vintageRule 506(b)Filing 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

$3M

Investors

20

Min Invest

$50,000

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

Lex Apartments 102b, LLC is a Delaware limited liability company that filed a Form D with the SEC on February 9, 2023 in the Other industry group. The offering claims Rule 506(b) and covers equity. Lex Apartments 102b, LLC reported $2,942,854 sold from 20 investors of a $2,942,854 total offering as of the Form D filed February 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. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000. The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. The issuer's address of record is 8371 South State Street, Suite 202, Sandy, UT 84070.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001963773
Entity NameLex Apartments 102b, LLC
ExemptionRule 506(b)
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.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address8371 South State Street, Suite 202, Sandy, UT 84070
Phone(801) 913-5959
Industry / Fund TypeOther
Securities TypeEquity
First Sale DateDecember 3, 2020
Filing DateFebruary 9, 2023
Accession Number0001962406-23-000002
Total Offering Amount$2,942,854
Total Amount Sold$2,942,854
Amount Remaining$0
Total Investors20
Non-Accredited InvestorsNone
Minimum Investment$50,000
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)UT
Amendment CountOriginal filing only

Filings on Record

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In the Terminal

Filing events

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Statements extracted

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none on file

NAV prints

0

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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.

Charles W. Akerlow

Director · Sandy, UT

R. Scott McQuarrie

Director · Sandy, UT

Matt Scott Smock

Director · Sandy, UT

Questions About Lex Apartments 102b, LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Lex Apartments 102b, LLC?

Lex Apartments 102b, LLC is a Delaware limited liability company that filed a Form D with the SEC on February 9, 2023 in the Other industry group. The filing claims Rule 506(b) for an offering of equity.

Is Lex Apartments 102b, LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Lex Apartments 102b, LLC filed a Form D with the SEC on February 9, 2023 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $2,942,854 sold to 20 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 Lex Apartments 102b, LLC 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 Lex Apartments 102b, LLC claimed Rule 506(b) 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 Lex Apartments 102b, LLC raised?

Lex Apartments 102b, LLC reported $2,942,854 sold from 20 investors of a $2,942,854 total offering as of the Form D filed February 9, 2023.

Who can invest in Lex Apartments 102b, LLC?

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. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000.

What is the minimum investment in Lex Apartments 102b, LLC?

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

Who is selling Lex Apartments 102b, LLC and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Who is behind Lex Apartments 102b, LLC?

The Form D lists 3 related persons: Charles W. Akerlow, director; R. Scott McQuarrie, director; Matt Scott Smock, director. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Lex Apartments 102b, LLC located?

The issuer's address on its SEC filings is 8371 South State Street, Suite 202, Sandy, UT 84070. Its phone number of record is 801-913-5959. It is organized under the laws of Delaware.

How long is the Lex Apartments 102b, LLC 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, and no amendment is on record yet.

What is Lex Apartments 102b, LLC'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.