Form D · Commercial

KB Duluth, DST

Las Vegas, NV · CIK 0002042351

Offering snapshot reported Nov 6, 2025 · SEC filing

Reported sold
$45.6M
Offering amount: $50.3M
Investors reported
39
Form D · investor count
Minimum accepted
$503K
Reported outside-investor minimum
First sale
Oct 17, 2024
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$22.8M$45.6MNov 5, 2024: $5,041,373.00Nov 5, 2024Nov 6, 2025: $45,621,044.00Nov 6, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$5,041,373 → $45,621,044
  • Reported investors1 → 39

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 6, 2025Amendment$45,621,044$40,579,671vs Nov 5, 202439SEC filing
Nov 5, 2024Initial$5,041,373No comparison1SEC filing

Offering details

Securities
Other
Exemptions
06c
Duration over one year
Yes
Business combination
No
Sales commissions
$1.18M (estimated)
Finders' fees
$0
Form D file number
021-528713
Total offering amount represents 100 Class 1 beneficial interests in the Trust at $503,250 per interest
Class 1 beneficial interests in a Delaware Statutory Trust reflecting beneficial interests in real estate
Offers and sales may be made via real estate brokers licensed in CA who are exempt from federal and state broker-dealer licensing requirements. They may be paid a commission of up to 4% of the aggregate cash portion of the interests.

Source: Form D, filed Nov 6, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Tommy Dupuis Executive
Ray Jones Executive
Kb Acquisitions, Llc Promoter
Kb Duluth Holdings, Llc Executive, Promoter
Kb Duluth Mt, Llc Promoter
Kb Duluth St, Llc Executive
Kb Exchange Properties, Llc Promoter
Kb Mt Holdings, Llc Executive
Kingsbarn Holdings Company, Llc Executive
Kingsbarn Realty Capital, Llc Executive
Jeffrey Pori Executive

Issuer details

Industry: Commercial (See others in industry)

Address:
1645 Village Center Circle, Suite 200
Las Vegas, NV, 89134