Lupos Multifamily Real Estate Fund I, LLC

Commercial
Rule 506(c)
Austin, Texas
Amended Nov 6, 2026

Raising: $20,000,000
Sold so far: $5,063,940; 25% sold
Investors: 22
Average check: $230,179; Sold ÷ investors
Minimum: $25,000
Sales commissions: $0; Issuer's estimate

In plain English

Lupos Multifamily Real Estate Fund I, LLC, a commercial real estate business based in Austin, Texas, filed an amended Form D with the SEC on Nov 6, 2026 to raise $20 million. It reports about $5.1 million raised from 22 investors, 25% of its target. That works out to roughly $230,000 per investor. The smallest investment it accepts from an outside investor is $25,000.

It filed under Rule 506(c), which means it can advertise the offering publicly, but only accredited investors can buy in, and the issuer has to check that they qualify.

How it compares

Against the 563 real estate offerings filed Oct 11 – Nov 9, 2026.

This offeringMedian

Raise size$20M vs $6.8M median

Larger than 68% of the 441 offerings that set a size.

How much is sold25% sold vs 46% median

Behind 56% of the 441 offerings with a set size.

Minimum investment$25,000 vs $50,000 median

Lower than 66% of the 407 offerings that stated a minimum.

Where the sponsor is based

The Texas housing market

Typical home value $296KChange, 12 months 1.5%Austin metro $414K

Form D lists the issuer's principal place of business, not where its properties are. Home values for Sep 2026.

See Texas market data

Filing details

File number: 021-492640
Latest filing: Form D/A (amendment), Nov 6, 2026
Accession number: 0001994352-26-000001
Entity type: Limited Liability Company
Industry group: Commercial
Principal place of business: Austin, Texas
Exemption claimed: Rule 506(c)
First sale: Aug 2, 2024

Timeline

First sale
Aug 2, 2024
Latest amendment (Form D/A) filed
Nov 6, 2026
$5.1M sold (25% of the target)
As reported Nov 6, 2026

Other recent filings from Texas

All fund filings

This page summarizes a notice Lupos Multifamily Real Estate Fund I, LLC filed with the SEC. Fidelis First is not affiliated with Lupos Multifamily Real Estate Fund I, LLC, has not reviewed this offering and does not recommend it. Nothing here is an offer to sell or a solicitation of an offer to buy any security. Figures are as the issuer reported them on Nov 6, 2026 and may have changed since.

Sales commissions are the issuer's estimate for the whole offering, not amounts paid so far. Average check is derived: amount sold divided by number of investors. Issuers don't have to amend a Form D when sales or investor counts change, so these can lag.

Source: SEC EDGAR, Form D · As of Nov 6, 2026

Source: Data Provided by Zillow Group · As of Sep 2026