Form D · Other Investment Fund

Keystone Real Estate Lending Fund, L.P.

Salt Lake City, UT · CIK 0001652829

Offering snapshot reported Mar 7, 2023 · SEC filing

Reported sold
$749M
Indefinite offering
Investors reported
1,011
Form D · investor count
Minimum accepted
$15K
Reported outside-investor minimum
First sale
Sep 1, 2015
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$374M$749MSep 10, 2015: $12,474,000.00Sep 10, 2015Jan 4, 2016: $13,184,000.00Feb 8, 2016: $13,734,000.00Jul 26, 2016: $31,514,000.00Oct 28, 2016: $54,174,000.00Feb 15, 2017: $83,748,000.00Mar 16, 2017: $94,973,500.00May 16, 2017: $103,668,500.00Jul 19, 2017: $112,834,500.00Oct 5, 2017: $114,584,500.00Oct 20, 2017: $117,084,500.00Jan 11, 2018: $176,275,378.00Feb 15, 2018: $183,834,878.00Feb 14, 2019: $339,979,558.00Feb 24, 2020: $478,119,313.00Feb 23, 2021: $508,982,313.00Mar 10, 2022: $554,905,313.00Mar 7, 2023: $748,961,468.00Mar 7, 2023

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$554,905,313 → $748,961,468
  • Reported investors801 → 1,011

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 7, 2023Amendment$748,961,468$194,056,155vs Mar 10, 20221,011SEC filing
Mar 10, 2022Amendment$554,905,313$45,923,000vs Feb 23, 2021801SEC filing
Feb 23, 2021Amendment$508,982,313$30,863,000vs Feb 24, 2020758SEC filing
Feb 24, 2020Amendment$478,119,313$138,139,755vs Feb 14, 2019702SEC filing
Feb 14, 2019Amendment$339,979,558$156,144,680vs Feb 15, 2018502SEC filing
Feb 15, 2018Amendment$183,834,878$7,559,500vs Jan 11, 2018334SEC filing
Jan 11, 2018Amendment$176,275,378$59,190,878vs Oct 20, 2017321SEC filing
Oct 20, 2017Amendment$117,084,500$2,500,000vs Oct 5, 2017248SEC filing
Oct 5, 2017Amendment$114,584,500$1,750,000vs Jul 19, 2017248SEC filing
Jul 19, 2017Amendment$112,834,500$9,166,000vs May 16, 2017240SEC filing
May 16, 2017Amendment$103,668,500$8,695,000vs Mar 16, 2017210SEC filing
Mar 16, 2017Amendment$94,973,500$11,225,500vs Feb 15, 2017182SEC filing
Feb 15, 2017Amendment$83,748,000$29,574,000vs Oct 28, 2016149SEC filing
Oct 28, 2016Amendment$54,174,000$22,660,000vs Jul 26, 201685SEC filing
Jul 26, 2016Amendment$31,514,000$17,780,000vs Feb 8, 201640SEC filing
Feb 8, 2016Amendment$13,734,000$550,000vs Jan 4, 20168SEC filing
Jan 4, 2016Amendment$13,184,000$710,000vs Sep 10, 20156SEC filing
Sep 10, 2015Initial$12,474,000No comparison4SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.5
Duration over one year
Yes
Business combination
No
Sales commissions
$1.46M (estimated)
Finders' fees
$0
Form D file number
021-247381

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Sunbelt Securities, Inc.42180
Crewe Capital, LLC152527
IBN Financial Services, Inc.42360
Reva Capital Markets, LLC105791

Source: Form D, filed Mar 7, 2023. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

KEYSTONE REAL ESTATE LENDING FUND, LP

Investment adviser: KEYSTONE NATIONAL GROUP, LLC

Gross asset value
$14.7M
Beneficial owners
39
ADV minimum commitment
$250K

Reported in Form ADV on Mar 31, 2017. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor HAWKINS CLOWARD & SIMISTER OREM, Utah, United States
Custodian WELLS FARGO BANK SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No
Filing source

Form ADV 1096151 · Mar 31, 2017 · Schedule D 7.B.(1), fund 805-1833547278

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

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
John Earl Executive, Promoter
Brandon Nielson Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
60 East South Temple Suite 2100
Salt Lake City, UT, 84111