Eric T. Lipar is listed as an executive officer and director on 3 SEC Form D filings by 3 issuers between Oct 2011 and Nov 2013: LGI Homes, Inc. (The Woodlands, TX — other real estate — 2013; $114.5M reported sold to 13 investors), LGI Investment Fund III, LP (The Woodlands, TX — other real estate — 2013; $15.8M reported sold to 82 investors) and LGI Investment Fund II, LP (The Woodlands, TX — residential — 2011; $1.52M reported sold to 13 investors).
What this means A repeat sponsor — 3 separate companies raised money with this person listed as executive officer and director, over about 2 years. Across those companies the filings report $131.9M sold in total.
Listed alongside Bryan Sansbury (1 shared filing), Charles Merdian (1 shared filing), Duncan Gage (1 shared filing), Jack Lipar (1 shared filing), LGI Fund II GP, (1 shared filing, management entity) and 6 others.
What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Eric. Each name links to their own page.
All 3 issuers belong to the sponsor group Lgi (4 issuers, $134.1M reported sold, 2009–2013).
What this means A sponsor group is one team that sets up a new company for each deal. Lgi has 4 companies on file and $134.1M reported sold in total — the group page shows the whole track record in one place.
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) — none found.
What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 3 public filings for Eric T. Lipar and found 7 differences, 1 worth asking the sponsor about: Form D filed 156 days after the first sale; 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.