Sponsor Check › Sponsor group
One sponsor team, 21 deal companies · Austin, TX
Grouped because: 8 shared people, same business address (21 issuers), similar issuer names (6) (automatic match from the filings) · not the same sponsor?
Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Oct 1, 2024 · Courts (RECAP) last checked: Oct 24, 2026, 2:16 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET
Net Lease is a sponsor group of 21 issuers that PartnerFacts links to one sponsor (shared people, same business address, same person name on both filings, similar issuer names; automatic match from the filings), filing 27 Form D filings between Jan 2011 and Oct 2024.
What this means One team, 21 deal companies, about 13 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.
Combined reported sold: $186.8M to 429 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (15), Commercial (3), REITS and Finance (2), Other Real Estate (1). Issuers are based in TX (21).
What this means $186.8M raised across the group, about $435K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.
Principal people: Paul M. Robshaw (21 issuers, executive officer, director, and promoter), Michael J. Baucus (15 issuers, executive officer, director, and promoter), David Robshaw (14 issuers, executive officer, director, and promoter), Peter S. Carlsen (8 issuers, executive officer, director, and promoter), Luis Medina (6 issuers, executive officer and director) and 6 more.
What this means The person on the most companies is usually the one running the show; their page lists every deal.
Activity: 0 new offerings in the last 12 months; latest filing Oct 1, 2024.
What this means No new raise filed in the past year.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, OK, OR, PA, RI, SC, SD, TN, TX, VT, WA, WI, WV, WY), property records (NYC, FL, IL and TX counties) — 11 court cases matching the name, 1 bankruptcy case matching the name listed in Key records below.
What this means 12 records came back, including 3 court cases still open — open cases can take years and cost money. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.
We compared 27 public filings for Net Lease and found 9 differences, 4 worth asking the sponsor about: Bankruptcy case: Net Lease Acquisition LLC; Net Lease includes 17 deals that stopped filing before reaching their target; and more below.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.
Community search for Net Lease has not run yet — it is joining a line of 24,674 names; searches run around the clock at the hosts' allowed rate. Searched so far: 638 names.
Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).
Five things investors ask first. Items still in human review are counted, not shown.
11 cases: 3 open, 2 closed (disposition not in docket feed), 5 dismissed, 1 judgment
Contract: Other· Cause:
28:1332 Diversity-Other Contract
850 Securities/Commodities· Cause:
28:1331sv Fed. Question: Securities Violation
850 Securities, Commodities, Exchange· Cause:
15:78m(a) Securities Exchange Act
190 Other contract actions
Contract: Other· Cause:
28:1332 Diversity-Contract Dispute
850 Securities, Commodities, Exchange
230 Rent, lease, ejectment
190 Other contract actions
Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:16 AM ET.
Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.
State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.
None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: VA (crawled Oct 23, 2026)
SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Net Lease..
State securities regulators: Securities regulators searched (3,318 actions): AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002 — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE DOJ Investor Protection Unit (257 actions, 1987–2026), TX State Securities Board (586 actions, 2006–2026), WA DFI (2,039 actions, 2001–2026) — last crawled Oct 23, 2026, 9:57 PM ET. No machine-readable public listing today for CO, FL, IA, IN, MN, NE, NJ, NY, OH, UT, VA (see docs/state-regulators.md).
1 case: 1 closed (disposition not in docket feed)
Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:16 AM ET.
Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.
State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.
No comparisons published
No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.
9 differences found between the filings for Net Lease — 4 worth asking about (compared 27 filings on Oct 24, 2026)
United States Bankruptcy Court, D. Delaware docket "Net Lease Acquisition LLC" filed Oct 25, 2009, closed Oct 4, 2013. Net Lease is listed as Debtor ("Net Lease Acquisition LLC"). Our match estimate: 40%.
What this means A bankruptcy filing was found. Many are old or personal and have nothing to do with the deal — but ask what it was and when it closed.
By role: defendant in 1, plaintiff in 1, party in 1. Newest: "TNL Solutions LLC v. Net Lease Capital Advisors LLC" (District Court, E.D. Wisconsin, Apr 4, 2023); "NET LEASE DEVELOPMENT LLC v. DWEK DOVER RETAIL, LLC" (District Court, D. New Jersey, Sep 5, 2006); "B & M Net Lease Funding, Ltd v. Fourth Quarter Properties, LXII, L.P." (District Court, W.D. Texas, Jun 8, 2006). Some of these are name matches with a match estimate below 95% — check each docket.
What this means Several court cases name this subject. Some are routine business suits. Ask what each was about and how it ended.
Net Lease Private QP REIT XIV, Inc. (last filing Oct 1, 2024; $0 sold of $85,000,000); Net Lease Private REIT XIV, Inc. (last filing Sep 30, 2024; $0 sold of $85,000,000); NL Ventures XIV, L.P. (last filing Sep 30, 2024; $0 sold of $85,000,000); AIC Income Fund III QP REIT, Inc. (last filing May 20, 2022; $0 sold of $145,000,000); AIC Income Fund III, L.P. (last filing May 20, 2022; $0 sold of $145,000,000); NL Ventures XII, L.P. (last filing Feb 1, 2021; $0 sold of $85,000,000); and 11 more. Each has no filing in more than two years and reported under half its target sold.
What this means An issuer whose last filing is more than two years old and reported under half its target sold. The raise may have closed early or quietly stopped. Ask what happened to each.
The address on file, 301 Congress Avenue, Suite 320, Austin, TX, is used by 29 issuers in our index across 3 sponsor groups; 24 are outside this group. It is not on our registered-agent list, so it may be a shared office or administrator.
What this means Many unrelated companies file from this address. Often a registered agent or a fund administrator; sometimes a shared office. Ask where the team actually works.
Form D filed 1,490 days after the first sale — NL Ventures VII, L.P. · Form D filed 668 days after the first sale — NL Ventures VIII, L.P. · Form D filed 704 days after the first sale — Net Lease Private REIT VIII-A, Inc. · Form D filed 717 days after the first sale — Net Lease Private REIT VIII, Inc.
What this means Late notices are common and carry no penalty by themselves. A pattern of late paperwork is worth asking the sponsor about.
Peter S. Carlsen's role changed at AIC Income Fund QP REIT, Inc.: executive officer, director → executive officer, director, promoter · Peter S. Carlsen's role changed at AIC Income Fund, L.P.: executive officer → executive officer, promoter · Paul M. Robshaw's role changed at AIC Income Fund QP REIT, Inc.: director → executive officer, director, promoter · Michael J. Baucus's role changed at AIC Income Fund QP REIT, Inc.: director → executive officer, director, promoter
What this means Roles on Form D are self-reported. Ask who runs the company today.
listed as "Paul Robshaw" on 7 filings (from Jan 13, 2011), and "Paul M. Robshaw" on 19 filings (from Jan 19, 2012).
What this means Same person, written differently — a middle name or suffix left off, or spelled another way. It is normal, but check that the full legal name matches your subscription documents.
"REITS and Finance" (Oct 2, 2013); then "Pooled Investment Fund" (Aug 1, 2016).
What this means The issuer described its business differently on different forms. Often it is just a different box ticked; sometimes the deal itself changed. Ask which business your money is in.
Delaware (19), Texas (1) — out of 21 member issuers. The odd ones out: NL Ventures IX, L.P. (Texas).
What this means Sponsors often form each deal company in Delaware or Wyoming no matter where the property is. A mix is common; it just tells you which state's rules each company lives under.
What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.
None reported on 27 offerings — no sales commissions, finder's fees or proceeds to insiders
| Offering (latest filing) | Sales commissions | Finder's fees | To insiders | Paid to sell it | Source |
|---|---|---|---|---|---|
| Oct 1, 2024 D Net Lease Private QP REIT XIV, Inc. File 021-525441 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Sep 30, 2024 D NL Ventures XIV, L.P. File 021-525434 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Sep 30, 2024 D Net Lease Private REIT XIV, Inc. File 021-525440 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| May 20, 2022 D AIC Income Fund III QP REIT, Inc. File 021-446433 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| May 20, 2022 D AIC Income Fund III, L.P. File 021-446434 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Feb 1, 2021 D Net Lease Private REIT XII, Inc. File 021-388050 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Feb 1, 2021 D Net Lease Private QP REIT XII, Inc. File 021-388061 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Feb 1, 2021 D NL Ventures XII, L.P. File 021-388065 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Aug 29, 2019 D AIC Income Fund II, L.P. File 021-347678 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Aug 29, 2019 D AIC Income Fund II QP REIT, Inc. File 021-347680 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Apr 26, 2018 D NL Ventures XI, L.P. File 021-311071 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Apr 26, 2018 D Net Lease Private QP REIT XI, Inc. File 021-311079 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Apr 26, 2018 D Net Lease Private REIT XI, Inc. File 021-311080 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Aug 1, 2016 D AIC Income Fund, L.P. File 021-268078 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Aug 1, 2016 D AIC Income Fund QP REIT, Inc. File 021-268081 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Apr 10, 2015 D NL Ventures X, L.P. File 021-237713 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Oct 2, 2013 D AIC Income Fund, L.P. File 021-203886 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Oct 2, 2013 D AIC Income Fund QP REIT, Inc. File 021-203892 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 31, 2012 D NL Ventures VII, L.P. File 021-172689 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 19, 2012 D NL Ventures IX, L.P. File 021-172153 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 28, 2011 D Net Lease Private REIT VIII, Inc. File 021-154578 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 28, 2011 D Net Lease Private REIT VIII-A, Inc. File 021-154585 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 28, 2011 D NL Ventures VIII, L.P. File 021-154569 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 13, 2011 D Net Lease Private REIT VIII, Inc. File 021-153681 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 13, 2011 D Net Lease Private REIT VIII, Inc. File 021-153687 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 13, 2011 D Net Lease Private REIT VIII-A, Inc. File 021-153694 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
| Jan 13, 2011 D Net Lease Private REIT VIII-A, Inc. File 021-153697 | $0 | $0 | $0 | None listed on this filing | EDGAR ↗ |
Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.
Counted across all 21 issuers in this group — every filing in our index, latest filing per offering (SEC file number).
0 recorded documents and 0 ownership records matched to Net Lease in the sources searched.
Not found in sources searched as of Oct 24, 2026, 7:34 AM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Harris County TX (HCAD ownership rolls 2013–2026) — 765,121 records, loaded Oct 24, 2026, 7:34 AM ET; Dallas County TX (DCAD ownership roll 2026) — 173,688 records, loaded Oct 23, 2026, 8:58 PM ET; Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll) — 294,950 records, loaded Oct 23, 2026, 8:58 PM ET. Still to be looked up for this group: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.
Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Harris County TX (ownership only, no deed, mortgage or sale records; HCAD ownership rolls 2013–2026); Dallas County TX (ownership only, no deed, mortgage or sale records; DCAD ownership roll 2026); Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed). Recorder indexes (party names on deeds, mortgages and liens) in TX, AZ, NV, CA and WA counties and outside the Clerk index in FL, mortgages and liens outside NYC and Hillsborough County, lis pendens and foreclosure notices everywhere, Los Angeles County CA, Clark County NV, King County WA (loader ready; first load not finished), Cook County IL bulk pass (not finished; per-issuer lookups only so far), New York City bulk pass (not finished; per-issuer lookups only so far), Maricopa County AZ (loader ready; commercial-purpose statement not yet filed), Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Harris County Appraisal District real_acct.txt Oct 24, 2026, 7:34 AM ET; Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are also looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.
Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.
| Source | Issuer | Linked by | Location | Industry | Filings | Sold (max) | Investors | Min. investment (latest filing) | Active |
|---|---|---|---|---|---|---|---|---|---|
| EDGAR ↗ | NL Net Lease Private REIT VIII, Inc. | shared people, same business address | AUSTIN, TX | REITS and Finance | 3 | $36,475,000 | 77 | $50,000 | 2011–2011 |
| EDGAR ↗ | NL Net Lease Private REIT VIII-A, Inc. | shared people, same business address | AUSTIN, TX | REITS and Finance | 3 | $35,225,000 | 86 | $15,000 | 2011–2011 |
| EDGAR ↗ | NV NL Ventures VIII, L.P. | shared people, same business address | AUSTIN, TX | Commercial | 1 | $14,680,000 | 24 | $150,000 | 2011–2011 |
| EDGAR ↗ | NV NL Ventures IX, L.P. | shared people, same person name on both filings, same business address | AUSTIN, TX | Commercial | 1 | $0 | 0 | $500,000 | 2012–2012 |
| EDGAR ↗ | NV NL Ventures VII, L.P. | shared people, same person name on both filings, same business address | AUSTIN, TX | Commercial | 1 | $100,426,000 | 242 | $20,000 | 2012–2012 |
| EDGAR ↗ | AI AIC Income Fund, L.P. | shared people, same person name on both filings, same business address, similar issuer names | AUSTIN, TX | Pooled Investment Fund | 2 | $0 offering $100,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2013–2016 |
| EDGAR ↗ | AI AIC Income Fund QP REIT, Inc. | shared people, same person name on both filings, same business address, similar issuer names | AUSTIN, TX | Pooled Investment Fund | 2 | $0 offering $100,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2013–2016 |
| EDGAR ↗ | NV NL Ventures X, L.P. | shared people, same person name on both filings, same business address | AUSTIN, TX | Other Real Estate | 1 | $0 offering $100,000,000 · similar: $2,250,000–$16,950,000 | 0 similar: 5–32 | $500,000 similar: $15,000–$100,000 | 2015–2015 |
| EDGAR ↗ | NL Net Lease Private QP REIT XI, Inc. | shared people, same person name on both filings, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $75,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2018–2018 |
| EDGAR ↗ | NV NL Ventures XI, L.P. | shared people, same person name on both filings, same business address | Austin, TX | Pooled Investment Fund | 1 | $0 offering $75,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2018–2018 |
| EDGAR ↗ | NL Net Lease Private REIT XI, Inc. | shared people, same person name on both filings, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $75,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2018–2018 |
| EDGAR ↗ | AI AIC Income Fund II, L.P. | shared people, same person name on both filings, same business address, similar issuer names | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $100,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2019–2019 |
| EDGAR ↗ | AI AIC Income Fund II QP REIT, Inc. | shared people, same person name on both filings, same business address, similar issuer names | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $100,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2019–2019 |
| EDGAR ↗ | NL Net Lease Private REIT XII, Inc. | shared people, same person name on both filings, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $85,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2021–2021 |
| EDGAR ↗ | NL Net Lease Private QP REIT XII, Inc. | shared people, same person name on both filings, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $85,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2021–2021 |
| EDGAR ↗ | NV NL Ventures XII, L.P. | shared people, same person name on both filings, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $85,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2021–2021 |
| EDGAR ↗ | AI AIC Income Fund III, L.P. | shared people, same person name on both filings, same business address, similar issuer names | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $145,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2022–2022 |
| EDGAR ↗ | AI AIC Income Fund III QP REIT, Inc. | shared people, same person name on both filings, same business address, similar issuer names | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $145,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2022–2022 |
| EDGAR ↗ | NV NL Ventures XIV, L.P. | shared people, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $85,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2024–2024 |
| EDGAR ↗ | NL Net Lease Private REIT XIV, Inc. | shared people, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $85,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2024–2024 |
| EDGAR ↗ | NL Net Lease Private QP REIT XIV, Inc. | shared people, same business address | AUSTIN, TX | Pooled Investment Fund | 1 | $0 offering $85,000,000 · similar: $155,000–$5,250,000 | 0 similar: 4–27 | $500,000 similar: $1,000–$100,000 | 2024–2024 |
"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Pooled Investment Fund / 506(b) (83,801 filings); Other Real Estate / 506(b) (5,033 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.
| Source | Filed | Issuer | Form | Industry | Offered | Sold |
|---|---|---|---|---|---|---|
| EDGAR ↗ | Oct 1, 2024 | Net Lease Private QP REIT XIV, Inc. | D | Pooled Investment Fund | $85,000,000 | $0 |
| EDGAR ↗ | Sep 30, 2024 | Net Lease Private REIT XIV, Inc. | D | Pooled Investment Fund | $85,000,000 | $0 |
| EDGAR ↗ | Sep 30, 2024 | NL Ventures XIV, L.P. | D | Pooled Investment Fund | $85,000,000 | $0 |
| EDGAR ↗ | May 20, 2022 | AIC Income Fund III, L.P. | D | Pooled Investment Fund | $145,000,000 | $0 |
| EDGAR ↗ | May 20, 2022 | AIC Income Fund III QP REIT, Inc. | D | Pooled Investment Fund | $145,000,000 | $0 |
| EDGAR ↗ | Feb 1, 2021 | NL Ventures XII, L.P. | D | Pooled Investment Fund | $85,000,000 | $0 |
| EDGAR ↗ | Feb 1, 2021 | Net Lease Private QP REIT XII, Inc. | D | Pooled Investment Fund | $85,000,000 | $0 |
| EDGAR ↗ | Feb 1, 2021 | Net Lease Private REIT XII, Inc. | D | Pooled Investment Fund | $85,000,000 | $0 |
| EDGAR ↗ | Aug 29, 2019 | AIC Income Fund II QP REIT, Inc. | D | Pooled Investment Fund | $100,000,000 | $0 |
| EDGAR ↗ | Aug 29, 2019 | AIC Income Fund II, L.P. | D | Pooled Investment Fund | $100,000,000 | $0 |
| EDGAR ↗ | Apr 26, 2018 | Net Lease Private REIT XI, Inc. | D | Pooled Investment Fund | $75,000,000 | $0 |
| EDGAR ↗ | Apr 26, 2018 | Net Lease Private QP REIT XI, Inc. | D | Pooled Investment Fund | $75,000,000 | $0 |
| EDGAR ↗ | Apr 26, 2018 | NL Ventures XI, L.P. | D | Pooled Investment Fund | $75,000,000 | $0 |
| EDGAR ↗ | Aug 1, 2016 | AIC Income Fund QP REIT, Inc. | D | Pooled Investment Fund | $100,000,000 | $0 |
| EDGAR ↗ | Aug 1, 2016 | AIC Income Fund, L.P. | D | Pooled Investment Fund | $100,000,000 | $0 |
| EDGAR ↗ | Apr 10, 2015 | NL Ventures X, L.P. | D | Other Real Estate | $100,000,000 | $0 |
| EDGAR ↗ | Oct 2, 2013 | AIC Income Fund QP REIT, Inc. | D | REITS and Finance | $100,000,000 | $0 |
| EDGAR ↗ | Oct 2, 2013 | AIC Income Fund, L.P. | D | Pooled Investment Fund | $100,000,000 | $0 |
| EDGAR ↗ | Jan 31, 2012 | NL Ventures VII, L.P. | D | Commercial | $100,426,000 | $100,426,000 |
| EDGAR ↗ | Jan 19, 2012 | NL Ventures IX, L.P. | D | Commercial | $100,000,000 | $0 |
| EDGAR ↗ | Jan 28, 2011 | NL Ventures VIII, L.P. | D | Commercial | $14,680,000 | $14,680,000 |
| EDGAR ↗ | Jan 28, 2011 | Net Lease Private REIT VIII-A, Inc. | D | REITS and Finance | $35,225,000 | $35,225,000 |
| EDGAR ↗ | Jan 28, 2011 | Net Lease Private REIT VIII, Inc. | D | REITS and Finance | $36,475,000 | $36,475,000 |
| EDGAR ↗ | Jan 13, 2011 | Net Lease Private REIT VIII-A, Inc. | D | REITS and Finance | $6,500 | $6,500 |
| EDGAR ↗ | Jan 13, 2011 | Net Lease Private REIT VIII-A, Inc. | D | REITS and Finance | $3,000 | $3,000 |
| EDGAR ↗ | Jan 13, 2011 | Net Lease Private REIT VIII, Inc. | D | REITS and Finance | $10,000 | $10,000 |
| EDGAR ↗ | Jan 13, 2011 | Net Lease Private REIT VIII, Inc. | D | REITS and Finance | $3,000 | $3,000 |
Activity: 0 new offerings in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing Oct 1, 2024. Industry history, as reported on each offering's latest filing: Previous offerings: REITS and Finance (2011), Commercial (2011–2012), Pooled Investment Fund (2013), REITS and Finance (2013), Other Real Estate (2015). Latest offering: Pooled Investment Fund (2016–2024; most recent Oct 1, 2024).
| Name | Roles | Issuers here | First → last listed |
|---|---|---|---|
| PR Paul M. Robshaw | Executive Officer, Director, Promoter | 21 | Jan 13, 2011 → Oct 1, 2024 |
| MB Michael J. Baucus | Executive Officer, Director, Promoter | 15 | Jan 19, 2012 → May 20, 2022 |
| DR David Robshaw | Director, Executive Officer, Promoter | 14 | Jan 31, 2012 → Oct 1, 2024 |
| PC Peter S. Carlsen | Executive Officer, Director, Promoter | 8 | Jan 13, 2011 → Aug 1, 2016 |
| LM Luis Medina | Director, Executive Officer | 6 | Jan 13, 2011 → Oct 1, 2024 |
| HE Heath Esterak | Director | 3 | Jan 13, 2011 → Jan 31, 2012 |
| DR Dave Robshaw | Director | 2 | Jan 13, 2011 → Jan 28, 2011 |
| MB Mike Baucus | Executive Officer | 2 | Jan 13, 2011 → Jan 28, 2011 |
| TC Tom Cramer | Director | 1 | Jan 31, 2012 → Jan 31, 2012 |
| DG David Gimbel | Director | 1 | Jan 31, 2012 → Jan 31, 2012 |
| MA Matt Albracht | Director | 1 | Jan 31, 2012 → Jan 31, 2012 |
Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched Net Lease.
No Meta Pixel ids or Facebook / Instagram page links on file for Net Lease as of Oct 24, 2026 — the sponsor website is read for them once it is on file (runs automatically). Meta Ad Library: not searched by PartnerFacts (no API access); a one-tap Ad Library search is under Look further.
Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.
No website or social profile named in Net Lease's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #344,474 of 374,652 in line (1,245 issuers searched so far). One-tap searches: Look further ↓
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