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Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 7:40 AM ET

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EL
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Eric T. Lipar

Named as an officer, director or promoter on SEC Form D filings · TX · Oct 20, 2011 → Nov 27, 2013

3deals (issuers)
$131.9Mreported sold
108investors
3Form D filings
2011–2013years on file

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:19 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

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.

What the community is saying

Community search for Eric T. Lipar has not run yet — it is joining a line of 25,498 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).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

None found in sources searched — federal courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

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, 2:19 AM ET.

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.

2. Regulatory actions

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)

What was searched

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 Eric T. Lipar..

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).

3. Bankruptcies

None found in sources searched — federal bankruptcy courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

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, 2:19 AM ET.

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.

4. Differences between public sources

Comparisons cover issuers and sponsor groups — see the issuer pages under Deals

7 differences found between the filings for Eric T. Lipar — 1 worth asking about (compared 3 filings on Oct 24, 2026)

Note · May 3, 2004 – Jan 5, 2005

Bankruptcy case: Merdian and Company, Inc. — filed May 3, 2004

United States Bankruptcy Court, S.D. Texas docket "Merdian and Company, Inc." filed May 3, 2004, closed Jan 5, 2005. Charles Merdian (listed on the same filings) is listed as Debtor ("Merdian and Company, Inc."). Our match estimate: 70%.

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.

Sources
Note · Jul 18, 1997 – Jan 11, 1999

Bankruptcy case: Floyd, Ch 7 Trustee v. Merdian and Co Inc — filed Jul 18, 1997

United States Bankruptcy Court, S.D. Texas docket "Floyd, Ch 7 Trustee v. Merdian and Co Inc" filed Jul 18, 1997, closed Jan 11, 1999. Charles Merdian (listed on the same filings) is listed as Defendant ("Merdian and Co Inc"). Our match estimate: 70%.

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.

Sources
Note · Oct 20, 2011

Eric T. Lipar appears on 1 deal that stopped filing before reaching its target

LGI Investment Fund II, LP (last filing Oct 20, 2011; $1,525,000 sold of $10,000,000). 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.

Sources
Worth asking · Mar 13, 2013 – Aug 16, 2013

Form D filed 156 days after the first sale — LGI Investment Fund III, LP

The filing says the first sale was Mar 13, 2013. The Form D was filed Aug 16, 2013 — 156 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 141 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Sources
Note · Sep 30, 2011 – Oct 20, 2011

Form D filed 20 days after the first sale — LGI Investment Fund II, LP

The filing says the first sale was Sep 30, 2011. The Form D was filed Oct 20, 2011 — 20 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 5 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Sources
Note · Mar 13, 2013 – Aug 16, 2013

No amendment in the last 12 months on an offering that may still be open — LGI Investment Fund III, LP (latest filing Aug 16, 2013)

The latest filing for this offering is dated Aug 16, 2013 (first sale Mar 13, 2013). It reports $15,850,000 sold of $20,000,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Sources
Note · Sep 30, 2011 – Oct 20, 2011

No amendment in the last 12 months on an offering that may still be open — LGI Investment Fund II, LP (latest filing Oct 20, 2011)

The latest filing for this offering is dated Oct 20, 2011 (first sale Sep 30, 2011). It reports $1,525,000 sold of $10,000,000 offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Sources
What is compared

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.

5. Money to insiders

0 of 3 offerings report sales commissions; 0 report finder's fees; 2 report proceeds to related persons totalling $183,500. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Nov 27, 2013 D
LGI Homes, Inc.
File 021-207184
$0$0$0None listed on this filingEDGAR ↗
Aug 16, 2013 D
LGI Investment Fund III, LP
File 021-201524
$0$0$158,500
The general partner is entitled to an annual management fee of 1% of aggregate capital contributions of limited partners.
None listed on this filingEDGAR ↗
Oct 20, 2011 D
LGI Investment Fund II, LP
File 021-167628
$0$0$25,000 (est.)
The general partner is entitled to a management fee of the lesser of $25,000 per year or 1% of capital contributions of the limited partners; and 1% of net profits after return of all partners' capital.
None listed on this filingEDGAR ↗
How this is counted

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 every filing this person is listed on (latest filing per offering, per issuer).

Deals 3

Every issuer that named Eric T. Lipar on a Form D, newest first. A Form D is the notice a company files after it starts selling a private investment.

Other Real Estate · group: Lgi

LGI Homes, Inc.

The Woodlands, TX · Nov 27, 2013
  • Nov 27, 2013 · D · $114,536,939 sold of $114,536,939 · 13 investors · min. No minimum reported · role: Executive Officer, Director EDGAR ↗

Raised $114.5M from 13 investors (100% of the $114.5M target) as of the latest filing. Eric is listed as executive officer, director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: 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.

Other Real Estate · group: Lgi

LGI Investment Fund III, LP

The Woodlands, TX · Aug 16, 2013
  • Aug 16, 2013 · D · $15,850,000 sold of $20,000,000 · 82 investors · min. $50,000 · role: Executive Officer, Director (Eric Lipar is the sole manager and sole member of the general partner of the Issuer.) EDGAR ↗

Raised $15.8M from 82 investors (79% of the $20M target) as of the latest filing. Eric is listed as executive officer, director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Residential · group: Lgi

LGI Investment Fund II, LP

The Woodlands, TX · Oct 20, 2011
  • Oct 20, 2011 · D · $1,525,000 sold of $10,000,000 · 13 investors · min. $50,000 · role: Executive Officer, Director (Eric Lipar is the sole manager of the general partner of the Issuer.) EDGAR ↗

Raised $1.52M from 13 investors (15% of the $10M target) as of the latest filing. Eric is listed as executive officer, director.

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Other pages with the same name (1)

Separate person records under the same name, not combined with this page. Each line says whether it shares an issuer with this record.

  • Eric Lipar — TX, 1 issuer, Jul 14, 2009 → Oct 6, 2009 · no shared issuer

People around Eric 11

Officers, directors, promoters and management entities named on the same filings, as of Oct 23, 2026, 5:45 PM ET.

Management entity

LGI Fund II GP,

Director · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

Management entity

LGI Fund III GP,

Director · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

MB
No photo found yet (own website and image search run after this page is viewed)
Person

Margaret Britton

Executive Officer · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

RV
No photo found yet (own website and image search run after this page is viewed)
Person

Robert Vahradian

Director · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

JL
No photo found yet (own website and image search run after this page is viewed)
Person

Jack Lipar

Executive Officer · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

SS
No photo found yet (own website and image search run after this page is viewed)
Person

Steven Smith

Director · 1 shared filing (1 issuer) · also on 1 other issuer

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

RE
No photo found yet (own website and image search run after this page is viewed)
Person

Rachel Eaton

Executive Officer · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

CM
No photo found yet (own website and image search run after this page is viewed)
Person

Charles Merdian

Executive Officer · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

MS
No photo found yet (own website and image search run after this page is viewed)
Person

Michael Snider

Executive Officer · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

DG
No photo found yet (own website and image search run after this page is viewed)
Person

Duncan Gage

Director · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

BS
No photo found yet (own website and image search run after this page is viewed)
Person

Bryan Sansbury

Director · 1 shared filing (1 issuer)

Listed on the same filings as Eric T. Lipar. Their page shows their other deals.

The team behind the deals

Sponsor group

Lgi

4 issuers · 5 filings · $134.1M reported sold · 2009–2013

One team, 4 deal companies. Eric T. Lipar is listed on 3 of them.

Sources

Issuers are grouped when their Form D filings share related persons, a management entity or a business address (automatic match from the filings). "Listed" marks the issuers that name Eric T. Lipar.

Same business address

1 other issuer file from the same address

A shared address can mean the same team, a shared office building or a registered agent. It is a lead, not a conclusion.

Registrations and other filings

Adviser registration (Form ADV)

None of the 3 issuers this person is listed on appears in Form ADV (searched 24,962 advisers as of Oct 2, 2026). A person is never an adviser firm; Form ADV is checked for the issuers and the management companies they are listed with.

Other offering types (Regulation A and Regulation Crowdfunding)

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.

Property records none — individuals are not matched

Property records are matched to companies only, never to individuals, so none are matched to Eric T. Lipar by design. Searched property records in Hillsborough County FL (Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026 + FL DOR 2026 ownership roll), Miami-Dade County FL (FL DOR 2026 ownership roll), Harris County TX (HCAD 2026 ownership roll), Dallas County TX (DCAD 2026 ownership roll), New York City ACRIS documents and PLUTO ownership rows already retrieved for other issuers, Cook County IL sale and ownership rows already retrieved for other issuers (814,874 records as of Oct 23, 2026, 8:59 PM ET) for the 3 issuers this person is listed on — nothing matched.

Public profiles and social

Websites and social links of the issuers Eric T. Lipar is listed on: none on file. No website or social profile named in LGI Homes, Inc.'s SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #323,694 of 374,652 in line (1,289 issuers searched so far). One-tap searches: Look further ↓

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (The Woodlands, TX). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Change history

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