PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 6:50 AM ET

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Luke Adrian

Named as an officer, director or promoter on SEC Form D filings · IL · Feb 11, 2014 → Sep 4, 2026

12deals (issuers)
$89.4Mreported sold
350investors
45Form D filings
2014–2026years on file
Follow this personLook further ↓PDF

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:17 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Luke Adrian is listed as an executive officer and promoter on 45 SEC Form D filings by 12 issuers between Feb 2014 and Sep 2026. Largest by amount reported sold: iFund Strategic Income, LLC (Highland Park, IL — pooled investment fund — 2015–2020; $35.9M reported sold to 87 investors), IFund Diversified I, LLC (Highland Park, IL — pooled investment fund — 2015–2020; $26.6M reported sold to 98 investors), IFUND I LLC (Glencoe, IL — pooled investment fund — 2014–2017; $7.05M reported sold to 50 investors), Banyan Group RE Fund LLC Series 2 (Glencoe, IL — pooled investment fund — 2023–2026; $4.34M reported sold to 20 investors), iFund Key Income, LLC (Highland Park, IL — pooled investment fund — 2017; $3.86M reported sold to 22 investors) and 7 more (all listed below).

What this means That is a lot of deals — 12 separate companies raised money with this person listed as executive officer and promoter, over about 12 years. Across those companies the filings report $89.4M sold in total.

Listed alongside Ryan Litfin (24 shared filings), Dale Francis (21 shared filings), East West Global (17 shared filings, management entity), John Kastl (11 shared filings), Vincent Real Estate Group LLC (8 shared filings, management entity) and 4 others.

What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Luke. Each name links to their own page.

All 12 issuers belong to the sponsor group Waters (62 issuers, $159.9M reported sold, 2010–2026).

What this means A sponsor group is one team that sets up a new company for each deal. Waters has 62 companies on file and $159.9M 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 (AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, LA, ME, MO, MS, MT, NASAA, NC, NH, NM, OR, RI, TX, WA) — 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 45 public filings for Luke Adrian and found 19 differences, 7 worth asking the sponsor about: Amount sold went down between filings; 4 offerings reported fewer investors on a later filing; 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 Luke Adrian has not run yet — it is joining a line of 20,691 names; searches run around the clock at the hosts' allowed rate. Searched so far: 314 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, 2:17 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: NV (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 Luke Adrian..

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), DE DOJ Investor Protection Unit (257 actions, 1987–2026), TX State Securities Board (586 actions, 2006–2026), WA DFI (2,039 actions, 2001–2026) — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first — last crawled Oct 23, 2026, 9:57 PM ET. No machine-readable public listing today for IA, IN, KS, MI, NE, NV (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, 2:17 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

19 differences found between the filings for Luke Adrian — 7 worth asking about (compared 45 filings on Oct 24, 2026)

Worth asking · Oct 31, 2023 – Nov 3, 2023

Amount sold went down between filings — Banyan Group RE Fund LLC Series 3

The Oct 31, 2023 filing says $250,000 sold; the Nov 3, 2023 Form D/A says $0 sold — $250,000 less.

What this means Amounts sold normally only go up as a raise continues. A drop can mean investors were refunded, a figure was corrected, or an earlier number was wrong. Ask the sponsor which it was.

Form D (earlier) · Oct 31, 2023 ↗Form D/A (later) · Nov 3, 2023 ↗Banyan Group RE Fund LLC Series 3 — PartnerFacts page ↗
Sources
Worth asking · Mar 6, 2020

Amount sold went down between filings — IFund Diversified I, LLC

The Mar 6, 2020 filing says $26,583,978 sold; the Mar 6, 2020 Form D/A says $25,198,679 sold — $1,385,299 less.

What this means Amounts sold normally only go up as a raise continues. A drop can mean investors were refunded, a figure was corrected, or an earlier number was wrong. Ask the sponsor which it was.

Form D/A (earlier) · Mar 6, 2020 ↗Form D/A (later) · Mar 6, 2020 ↗IFund Diversified I, LLC — PartnerFacts page ↗
Sources
Worth asking · Feb 8, 2018 – Nov 3, 2023

4 offerings reported fewer investors on a later filing

Investor count went down between filings — Banyan Group RE Fund LLC Series 3 · Investor count went down between filings — iFund Strategic Income, LLC · Investor count went down between filings — IFund Diversified I, LLC · Investor count went down between filings — IFund Diversified I, LLC

What this means Investor counts normally only grow. Ask the sponsor what happened on each.

Form D (earlier) · Oct 31, 2023 ↗Form D/A (later) · Nov 3, 2023 ↗Banyan Group RE Fund LLC Series 3 — PartnerFacts page ↗Form D (earlier) · Jan 28, 2019 ↗
Sources
Worth asking · Feb 11, 2014 – Mar 6, 2020

13 filings report more than 10% of the money raised going to insiders

50% of the money raised went to insiders — IFUND I LLC · 10% of the money raised went to insiders — iFund Strategic Income, LLC · 10% of the money raised went to insiders — iFund Strategic Income, LLC · 10% of the money raised went to insiders — IFund Diversified I, LLC · 10% of the money raised went to insiders — IFund Diversified I, LLC · and 8 more

What this means The filing reports how much of the money raised was paid to insiders. Over 10% is high for most deals. Ask what it paid for.

Form D · Feb 11, 2014 ↗IFUND I LLC — PartnerFacts page ↗Form D/A · Mar 6, 2020 ↗iFund Strategic Income, LLC — PartnerFacts page ↗
Sources
Note · Mar 5, 2019 – Mar 9, 2020

Luke Adrian appears on 2 deals that stopped filing before reaching their target

Vincent Rogers Apartments LLC (last filing Mar 9, 2020; $2,261,746 sold of $8,100,000); Vincent Village LLC (last filing Mar 5, 2019; $2,528,000 sold of $7,000,000). 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.

Vincent Rogers Apartments LLC — PartnerFacts page ↗Vincent Village LLC — PartnerFacts page ↗
Sources
Worth asking · Jan 16, 2014 – Jan 24, 2023

7 Form Ds were filed more than 15 days after the first sale

Form D filed 1,228 days after the first sale — iFund Strategic Income, LLC · Form D filed 1,448 days after the first sale — IFund Diversified I, LLC · Form D filed 86 days after the first sale — iFund Tactical Growth, LLC · Form D filed 142 days after the first sale — iFund Key Income, LLC · Form D filed 23 days after the first sale — Banyan Group RE Fund, LLC Series 1 · and 2 more

What this means Late notices are common and carry no penalty by themselves. A pattern of late paperwork is worth asking the sponsor about.

Form D · Jan 28, 2019 ↗iFund Strategic Income, LLC — PartnerFacts page ↗Form D · Jan 28, 2019 ↗IFund Diversified I, LLC — PartnerFacts page ↗
Sources
Note · Jan 16, 2014 – Oct 14, 2025

8 offerings have no amendment in the last 12 months and may still be open

No amendment in the last 12 months on an offering that may still be open — Banyan Group RE Fund LLC Series 3 (latest filing Oct 14, 2025) · No amendment in the last 12 months on an offering that may still be open — iFund Strategic Income, LLC (latest filing Mar 6, 2020) · No amendment in the last 12 months on an offering that may still be open — IFund Diversified I, LLC (latest filing Mar 6, 2020) · No amendment in the last 12 months on an offering that may still be open — IFund Diversified I, LLC (latest filing Apr 25, 2018) · No amendment in the last 12 months on an offering that may still be open — iFund Strategic Income, LLC (latest filing Apr 20, 2018) · and 3 more

What this means SEC rules expect a yearly amendment while an offering is still going. Ask the sponsor which of these raises have closed.

Form D/A · Oct 14, 2025 ↗Banyan Group RE Fund LLC Series 3 — PartnerFacts page ↗Form D/A · Mar 6, 2020 ↗iFund Strategic Income, LLC — PartnerFacts page ↗
Sources
Worth asking · Sep 13, 2018 – Mar 9, 2020

Luke Adrian is no longer listed on the Mar 9, 2020 amendment — Vincent Rogers Apartments LLC

Luke Adrian appears on the Sep 13, 2018 Form D/A (executive officer) but not on the Mar 9, 2020 Form D/A for the same offering.

What this means People leave, and the issuer must list only current officers, directors and promoters. It is still worth asking why this person left and who replaced them.

Form D/A · Sep 13, 2018 ↗Form D/A · Mar 9, 2020 ↗Luke Adrian — PartnerFacts page ↗Vincent Rogers Apartments LLC — PartnerFacts page ↗
Sources
Worth asking · Jan 9, 2018 – Mar 5, 2019

Luke Adrian is no longer listed on the Mar 5, 2019 amendment — Vincent Village LLC

Luke Adrian appears on the Jan 9, 2018 Form D/A (executive officer) but not on the Mar 5, 2019 Form D/A for the same offering.

What this means People leave, and the issuer must list only current officers, directors and promoters. It is still worth asking why this person left and who replaced them.

Form D/A · Jan 9, 2018 ↗Form D/A · Mar 5, 2019 ↗Luke Adrian — PartnerFacts page ↗Vincent Village LLC — PartnerFacts page ↗
Sources
Note · Sep 28, 2017 – Apr 20, 2018

Luke Adrian's role changed at iFund Strategic Income, LLC: executive officer, promoter → executive officer

The Sep 28, 2017 filing lists Luke Adrian as executive officer, promoter; the Apr 20, 2018 Form D/A lists executive officer.

What this means Roles on Form D are self-reported by the issuer. A change can mean a real change in who runs the company, or just a different box ticked. Ask who makes decisions today.

Form D/A · Sep 28, 2017 ↗Form D/A · Apr 20, 2018 ↗Luke Adrian — PartnerFacts page ↗iFund Strategic Income, LLC — PartnerFacts page ↗
Sources
Note · Sep 1, 2017 – Mar 5, 2019

4 offerings changed their target amount between filings

Offering amount lowered between filings — Vincent Village LLC · Offering amount changed between filings — Vincent Rogers Apartments LLC · Offering amount changed between filings — Vincent Chaska LLC · Offering amount lowered between filings — Vincent Chaska LLC

What this means Targets change as deals grow or shrink. Ask whether later money has the same terms.

Form D/A (earlier) · Jan 9, 2018 ↗Form D/A (later) · Mar 5, 2019 ↗Vincent Village LLC — PartnerFacts page ↗Form D (earlier) · Sep 5, 2018 ↗
Sources
Note · Sep 13, 2018 – Mar 9, 2020

Minimum investment changed between filings — Vincent Rogers Apartments LLC

The Sep 13, 2018 filing lists a minimum of $100,000; the Mar 9, 2020 Form D/A lists $0.

What this means A different minimum usually means the offering terms changed. Check which terms apply to you.

Form D/A (earlier) · Sep 13, 2018 ↗Form D/A (later) · Mar 9, 2020 ↗Vincent Rogers Apartments LLC — PartnerFacts page ↗
Sources
Note · Jan 9, 2018 – Mar 5, 2019

Minimum investment changed between filings — Vincent Village LLC

The Jan 9, 2018 filing lists a minimum of $200,000; the Mar 5, 2019 Form D/A lists $0.

What this means A different minimum usually means the offering terms changed. Check which terms apply to you.

Form D/A (earlier) · Jan 9, 2018 ↗Form D/A (later) · Mar 5, 2019 ↗Vincent Village LLC — PartnerFacts page ↗
Sources
Note · Sep 18, 2017 – Sep 27, 2018

Minimum investment changed between filings — Vincent Chaska LLC

The Sep 18, 2017 filing lists a minimum of $200,000; the Sep 27, 2018 Form D/A lists $50,000.

What this means A different minimum usually means the offering terms changed. Check which terms apply to you.

Form D/A (earlier) · Sep 18, 2017 ↗Form D/A (later) · Sep 27, 2018 ↗Vincent Chaska LLC — PartnerFacts page ↗
Sources
Note · Feb 22, 2017 – Feb 8, 2018

Minimum investment changed between filings — IFund Diversified I, LLC

The Feb 22, 2017 filing lists a minimum of $100,000; the Feb 8, 2018 Form D/A lists $32,000.

What this means A different minimum usually means the offering terms changed. Check which terms apply to you.

Form D/A (earlier) · Feb 22, 2017 ↗Form D/A (later) · Feb 8, 2018 ↗IFund Diversified I, LLC — PartnerFacts page ↗
Sources
Note · Sep 5, 2018 – Mar 9, 2020

Industry group changed between filings — Vincent Rogers Apartments LLC

"Construction" (Sep 5, 2018 to Sep 13, 2018); then "Other Real Estate" (Mar 9, 2020).

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.

Form D · Sep 5, 2018 ↗Form D/A · Mar 9, 2020 ↗Vincent Rogers Apartments LLC — PartnerFacts page ↗
Sources
Note · Dec 19, 2017 – Mar 5, 2019

Industry group changed between filings — Vincent Village LLC

"Construction" (Dec 19, 2017 to Jan 9, 2018); then "Other Real Estate" (Mar 5, 2019).

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.

Form D · Dec 19, 2017 ↗Form D/A · Mar 5, 2019 ↗Vincent Village LLC — PartnerFacts page ↗
Sources
Note · Feb 11, 2014 – Feb 13, 2017

Reported net asset value range changed between filings — IFUND I LLC

"$1 - $5,000,000" (Feb 11, 2014); then "$5,000,001 - $25,000,000" (Feb 13, 2017).

What this means This is the size band the issuer picks for itself on the form. A change can mean the business grew or shrank — or that it chose not to say. Ask for current numbers.

Form D · Feb 11, 2014 ↗Form D/A · Feb 13, 2017 ↗IFUND I LLC — PartnerFacts page ↗
Sources
Note · Feb 10, 2015 – Jan 28, 2019

4 address changes between filings

Address moved from Eden Prairie, MN to Highland Park, IL — iFund Strategic Income, LLC · Address moved from Eden Prairie, MN to Highland Park, IL — IFund Diversified I, LLC · Address moved from Glencoe, IL to Eden Prairie, MN — IFund Diversified I, LLC · Address moved from Glencoe, IL to Eden Prairie, MN — IFUND I LLC

What this means Businesses move. If you were told one city and the forms say another, ask which is current.

Form D/A · Apr 20, 2018 ↗Form D · Jan 28, 2019 ↗iFund Strategic Income, LLC — PartnerFacts page ↗Form D/A · Feb 8, 2018 ↗
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 15 offerings report sales commissions; 0 report finder's fees; 13 report proceeds to related persons totalling $13,893,478. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Sep 4, 2026 D/A
Banyan Group RE Fund LLC Series 2
File 021-492192
$0$0$60,800 (est.)
Management Fee
None listed on this filingEDGAR ↗
Oct 14, 2025 D/A
Banyan Group RE Fund LLC Series 3
File 021-496195
$0$0$5,000 (est.)
Management Fees
None listed on this filingEDGAR ↗
Jan 17, 2025 D/A
Banyan Group RE Fund, LLC Series 1
File 021-471577
$0$0$54,000 (est.)
Management Fee
None listed on this filingEDGAR ↗
Mar 6, 2020 D/A
IFund Diversified I, LLC
File 021-331459
$0$0$2,519,868 (est.)N/A no CRD number reportedEDGAR ↗
Mar 6, 2020 D/A
iFund Strategic Income, LLC
File 021-331465
$0$0$3,590,041 (est.)N/A no CRD number reportedEDGAR ↗
Jan 28, 2019 D
5 Percent Stable Income Plus Growth I, LLC
File 021-331467
$0$0$0N/A no CRD number reportedEDGAR ↗
Sep 27, 2018 D/A
Vincent Chaska LLC
File 021-293977
$0$0$125,000 (est.)None no CRD number reportedEDGAR ↗
Sep 13, 2018 D/A
Vincent Rogers Apartments LLC
File 021-320652
$0$0$265,000 (est.)None no CRD number reportedEDGAR ↗
Apr 25, 2018 D/A
IFund Diversified I, LLC
File 021-234427
$0$0$2,519,868 (est.)N/A no CRD number reportedEDGAR ↗
Apr 20, 2018 D/A
iFund Strategic Income, LLC
File 021-248612
$0$0$3,329,340 (est.)N/A no CRD number reportedEDGAR ↗
Apr 18, 2018 D
5 Percent Stable Income Plus Growth I, LLC
File 021-310489
$0$0$0N/A no CRD number reportedEDGAR ↗
Jan 9, 2018 D/A
Vincent Village LLC
File 021-301072
$0$0$350,000 (est.)None no CRD number reportedEDGAR ↗
May 26, 2017 D
iFund Tactical Growth, LLC
File 021-287573
$0$0$25,000 (est.)N/A no CRD number reportedEDGAR ↗
May 24, 2017 D
iFund Key Income, LLC
File 021-287352
$0$0$380,000 (est.)N/A no CRD number reportedEDGAR ↗
Feb 13, 2017 D/A
IFUND I LLC
File 021-211725
$0$0$669,561 (est.)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 12

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

BG
Pooled Investment Fund · group: Waters

Banyan Group RE Fund LLC Series 2

Glencoe, IL · Sep 15, 2023 → Sep 4, 2026 · 5 filings
  • Sep 4, 2026 · D/A · $4,340,000 sold of $15,000,000 · 20 investors · min. $100,000 · role: Promoter (Manager of BFO Manager LLC) EDGAR ↗
  • Oct 14, 2025 · D/A · $4,140,000 sold of $15,000,000 · 20 investors · min. $100,000 · role: Promoter (Manager of BFO Manager LLC) EDGAR ↗
  • Sep 29, 2025 · D/A · $4,140,000 sold of $15,000,000 · 20 investors · min. $100,000 · role: Promoter (Manager of Banyan Group RE Fund Manager II LLC) EDGAR ↗
  • Sep 9, 2024 · D/A · $3,000,000 sold of $15,000,000 · 14 investors · min. $100,000 · role: Promoter (Manager of Banyan Group RE Fund Manager II LLC) EDGAR ↗
  • Sep 15, 2023 · D · $500,000 sold of $15,000,000 · 1 investors · min. $100,000 · role: Promoter (Manager of Banyan Group RE Fund Manager II LLC) EDGAR ↗

Raised $4.34M from 20 investors (29% of the $15M target) as of the latest filing. Luke is listed as promoter on 5 filings for this deal.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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.

BG
Pooled Investment Fund · group: Waters

Banyan Group RE Fund LLC Series 3

Glencoe, IL · Oct 31, 2023 → Oct 14, 2025 · 5 filings
  • Oct 14, 2025 · D/A · $250,000 sold of $15,000,000 · 1 investors · min. $100,000 · role: Promoter (Manager of BFO Manager LLC) EDGAR ↗
  • Jan 17, 2025 · D/A · $250,000 sold of $15,000,000 · 1 investors · min. $100,000 · role: Promoter (Manager of Banyan Group RE Fund Manager II LLC) EDGAR ↗
  • Jan 26, 2024 · D/A · $250,000 sold of $15,000,000 · 1 investors · min. $100,000 · role: Promoter (Manager of Banyan Group RE Fund Manager II LLC) EDGAR ↗
  • Nov 3, 2023 · D/A · $0 sold of $15,000,000 · 0 investors · min. $100,000 · role: Promoter (Manager of Banyan Group RE Fund Manager II LLC) EDGAR ↗
  • Oct 31, 2023 · D · $250,000 sold of $15,000,000 · 1 investors · min. $100,000 · role: Promoter (Manager of Banyan Group RE Fund Manager II LLC) EDGAR ↗

Raised $250K from 1 investor (2% of the $15M target) as of the latest filing. Luke is listed as promoter on 5 filings for this deal.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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.

BG
Pooled Investment Fund · group: Waters

Banyan Group RE Fund, LLC Series 1

Glencoe, IL · Jan 24, 2023 → Jan 17, 2025 · 3 filings
  • Jan 17, 2025 · D/A · $2,900,000 sold of $2,900,000 · 19 investors · min. $100,000 · role: Promoter (Manager of Banyan RE Fund Manager, LLC) EDGAR ↗
  • Jan 18, 2024 · D/A · $1,825,000 sold of $2,900,000 · 18 investors · min. $100,000 · role: Promoter (Manager of Banyan RE Fund Manager, LLC) EDGAR ↗
  • Jan 24, 2023 · D · $600,000 sold of $2,900,000 · 5 investors · min. $100,000 · role: Promoter (Manager of Banyan RE Fund Manager, LLC) EDGAR ↗

Raised $2.9M from 19 investors (100% of the $2.9M target) as of the latest filing. Luke is listed as promoter on 3 filings for this deal.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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.

IS
Pooled Investment Fund · group: Waters

iFund Strategic Income, LLC

Highland Park, IL · Oct 1, 2015 → Mar 6, 2020 · 7 filings
  • Mar 6, 2020 · D/A · $35,900,407 sold of Indefinite · 87 investors · min. $63,500 · role: Executive Officer EDGAR ↗
  • Mar 6, 2020 · D/A · $35,900,407 sold of Indefinite · 53 investors · min. $63,500 · role: Executive Officer EDGAR ↗
  • Jan 28, 2019 · D · $35,900,407 sold of Indefinite · 68 investors · min. $63,500 · role: Executive Officer EDGAR ↗
  • Apr 20, 2018 · D/A · $33,293,407 sold of Indefinite · 76 investors · min. $100,000 · role: Executive Officer EDGAR ↗
  • Sep 28, 2017 · D/A · $15,285,754 sold of Indefinite · 60 investors · min. $100,000 · role: Executive Officer, Promoter EDGAR ↗
  • Oct 3, 2016 · D/A · $9,291,700 sold of Indefinite · 51 investors · min. $100,000 · role: Executive Officer, Promoter EDGAR ↗
  • Oct 1, 2015 · D · $1,103,000 sold of Indefinite · 5 investors · min. $100,000 · role: Executive Officer, Promoter EDGAR ↗

Raised $35.9M from 87 investors as of the latest filing. Luke is listed as executive officer, promoter on 7 filings for this deal.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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.

ID
Pooled Investment Fund · group: Waters

IFund Diversified I, LLC

Highland Park, IL · Feb 20, 2015 → Mar 6, 2020 · 9 filings
  • Mar 6, 2020 · D/A · $25,198,679 sold of Indefinite · 98 investors · min. $32,000 · role: Executive Officer EDGAR ↗
  • Mar 6, 2020 · D/A · $25,198,679 sold of Indefinite · 98 investors · min. $32,000 · role: Executive Officer EDGAR ↗
  • Mar 6, 2020 · D/A · $26,583,978 sold of Indefinite · 57 investors · min. $32,000 · role: Executive Officer EDGAR ↗
  • Jan 28, 2019 · D · $25,198,679 sold of Indefinite · 66 investors · min. $32,000 · role: Executive Officer EDGAR ↗
  • Apr 25, 2018 · D/A · $25,198,679 sold of Indefinite · 72 investors · min. $32,000 · role: Executive Officer EDGAR ↗
  • Feb 8, 2018 · D/A · $23,478,221 sold of Indefinite · 75 investors · min. $32,000 · role: Executive Officer EDGAR ↗
  • Feb 22, 2017 · D/A · $16,072,858 sold of Indefinite · 72 investors · min. $100,000 · role: Executive Officer EDGAR ↗
  • Feb 22, 2016 · D/A · $5,923,100 sold of Indefinite · 13 investors · min. $100,000 · role: Executive Officer EDGAR ↗
  • Feb 20, 2015 · D · $100,000 sold of Indefinite · 1 investors · min. $100,000 · role: Executive Officer EDGAR ↗

Raised $26.6M from 98 investors as of the latest filing. Luke is listed as executive officer on 9 filings for this deal.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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.

5P
Pooled Investment Fund · group: Waters

5 Percent Stable Income Plus Growth I, LLC

Highland Park, IL · Apr 18, 2018 → Jan 28, 2019 · 2 filings
  • Jan 28, 2019 · D · $0 sold of Indefinite · 0 investors · min. $1,000,000 · role: Executive Officer EDGAR ↗
  • Apr 18, 2018 · D · $0 sold of Indefinite · 0 investors · min. $1,000,000 · role: Executive Officer EDGAR ↗

No sales reported yet as of the latest filing. Luke is listed as executive officer on 2 filings for this deal.

Latest filing on EDGAR ↗
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.

VC
Construction · group: Waters

Vincent Chaska LLC

Eden Prairie, MN · Sep 1, 2017 → Sep 27, 2018 · 4 filings
  • Sep 27, 2018 · D/A · $2,500,000 sold of $2,500,000 · 5 investors · min. $50,000 · role: Executive Officer EDGAR ↗
  • Sep 18, 2017 · D/A · $1,050,000 sold of $2,500,000 · 3 investors · min. $200,000 · role: Executive Officer EDGAR ↗
  • Sep 11, 2017 · D/A · $1,050,000 sold of $1,500,000 · 3 investors · min. $200,000 · role: Executive Officer EDGAR ↗
  • Sep 1, 2017 · D · $1,050,000 sold of $2,500,000 · 3 investors · min. $200,000 · role: Executive Officer EDGAR ↗

Raised $2.5M from 5 investors (100% of the $2.5M target) as of the latest filing. Luke is listed as executive officer on 4 filings for this deal.

Latest filing on EDGAR ↗
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: Construction / 506(b) (313 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.

VR
Construction · group: Waters

Vincent Rogers Apartments LLC

Eden Prairie, MN · Sep 5, 2018 → Sep 13, 2018 · 2 filings
  • Sep 13, 2018 · D/A · $0 sold of $8,100,000 · 0 investors · min. $100,000 · role: Executive Officer EDGAR ↗
  • Sep 5, 2018 · D · $0 sold of $6,100,000 · 0 investors · min. $100,000 · role: Executive Officer EDGAR ↗

Raised $2.26M from 16 investors (28% of the $8.1M target) as of the latest filing. Luke is listed as executive officer on 2 filings for this deal.

Latest filing on EDGAR ↗
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: Construction / 506(c) (74 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.

VV
Construction · group: Waters

Vincent Village LLC

Eden Prairie, MN · Dec 19, 2017 → Jan 9, 2018 · 2 filings
  • Jan 9, 2018 · D/A · $0 sold of $7,000,000 · 0 investors · min. $200,000 · role: Executive Officer EDGAR ↗
  • Dec 19, 2017 · D · $0 sold of $7,000,000 · 0 investors · min. $200,000 · role: Executive Officer EDGAR ↗

Raised $2.53M from 12 investors (36% of the $7M target) as of the latest filing. Luke is listed as executive officer on 2 filings for this deal.

Latest filing on EDGAR ↗
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: Construction / 506(c) (74 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.

IT
Pooled Investment Fund · group: Waters

iFund Tactical Growth, LLC

Highland Park, IL · May 26, 2017
  • May 26, 2017 · D · $1,253,000 sold of Indefinite · 20 investors · min. $100,000 · role: Executive Officer EDGAR ↗

Raised $1.25M from 20 investors as of the latest filing. Luke is listed as executive officer.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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.

IK
Pooled Investment Fund · group: Waters

iFund Key Income, LLC

Highland Park, IL · May 24, 2017
  • May 24, 2017 · D · $3,864,600 sold of Indefinite · 22 investors · min. $100,000 · role: Executive Officer EDGAR ↗

Raised $3.86M from 22 investors as of the latest filing. Luke is listed as executive officer.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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.

II
Pooled Investment Fund · group: Waters

IFUND I LLC

Glencoe, IL · Feb 11, 2014 → Feb 13, 2017 · 4 filings
  • Feb 13, 2017 · D/A · $7,049,478 sold of Indefinite · 50 investors · min. $100,000 · role: Executive Officer, Promoter EDGAR ↗
  • Feb 8, 2016 · D/A · $5,095,197 sold of Indefinite · 27 investors · min. $100,000 · role: Executive Officer, Promoter EDGAR ↗
  • Feb 10, 2015 · D/A · $1,329,560 sold of Indefinite · 13 investors · min. $100,000 · role: Executive Officer, Promoter EDGAR ↗
  • Feb 11, 2014 · D · $217,978 sold of Indefinite · 3 investors · min. $100,000 · role: Executive Officer, Promoter EDGAR ↗

Raised $7.05M from 50 investors as of the latest filing. Luke is listed as executive officer, promoter on 4 filings for this deal.

Latest filing on EDGAR ↗
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: Pooled Investment Fund / 506(b) (83,801 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 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.

  • LUKE JAMES ADRIAN — IL, 1 issuer, Jul 31, 2026 → Jul 31, 2026 · no shared issuer

People around Luke 9

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

EW
Management entity

East West Global

Executive Officer, Promoter · 17 shared filings (6 issuers)

East West Global is on 6 issuers in total — a repeat sponsor. Their page lists every one.

VR
Management entity

Vincent Real Estate Group LLC

Executive Officer · 8 shared filings (3 issuers)

Listed on the same filings as Luke Adrian. Their page shows their other deals.

EW
Management entity

East West Advisors

Executive Officer, Promoter · 6 shared filings (3 issuers)

Listed on the same filings as Luke Adrian. Their page shows their other deals.

BM
Management entity

BFO Manager LLC

Executive Officer · 3 shared filings (2 issuers)

Listed on the same filings as Luke Adrian. Their page shows their other deals.

BR
Management entity

Banyan RE Fund Manager, LLC

Executive Officer · 3 shared filings (1 issuer)

Listed on the same filings as Luke Adrian. Their page shows their other deals.

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

Ryan Litfin

Executive Officer, Promoter · 24 shared filings (9 issuers) · also on 30 other issuers

Ryan Litfin is on 39 issuers in total — a repeat sponsor. Their page lists every one.

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

Dale Francis

Executive Officer, Promoter · 21 shared filings (9 issuers) · also on 18 other issuers

Dale Francis is on 27 issuers in total — a repeat sponsor. Their page lists every one.

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

John Kastl

Executive Officer · 11 shared filings (3 issuers) · also on 1 other issuer

Listed on the same filings as Luke Adrian. Their page shows their other deals.

The team behind the deals

W
Sponsor group

Waters

62 issuers · 106 filings · $159.9M reported sold · 2010–2026

One team, 62 deal companies. Luke Adrian is listed on 12 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 Luke Adrian.

Same business address

29 other issuers 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 12 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 Luke Adrian 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 12 issuers this person is listed on — nothing matched.

Public profiles and social

Websites and social links of the issuers Luke Adrian is listed on, as found in their SEC filings (Form C, Reg A, Form ADV, EDGAR profile) or on the sponsor's own site; none belongs to the person unless the sponsor's site says so. Checked Oct 24, 2026.

Look further

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

Found on the sponsor's own site

johnson.io ↗ found on Banyan Group RE Fund LLC Series 2 (johnson.io — same registered sponsor family (group "Waters"); known from issuer CIK 2160085 (probe))

Social and web

LinkedIn people search ↗Instagram ↗X (Twitter) ↗Facebook ↗YouTube ↗Google ↗Google Images ↗Google News ↗Meta Ad Library ↗

Courts

CourtListener / RECAP (federal) ↗PACER case locator (federal, login) ↗Cook County Clerk of Court case search ↗Minnesota court records online ↗

Securities regulators

SEC EDGAR full-text search ↗SEC action look-up ↗FINRA BrokerCheck ↗SEC IAPD adviser search ↗

Business registries

Illinois Secretary of State business search ↗Minnesota Secretary of State business search ↗OpenCorporates ↗

Change history

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