PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 5:17 AM ET

Sponsor Check › Person

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

Richard Arnitz

Named as an officer, director or promoter on SEC Form D filings · NV · May 2, 2018 → Aug 30, 2018

2deals (issuers)
$14.7Mreported sold
42investors
4Form D filings
2018year on file

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:41 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Richard Arnitz is listed as an executive officer and promoter on 4 SEC Form D filings by 2 issuers between May 2018 and Aug 2018: KB Minneapolis, DST (Las Vegas, NV — commercial — 2018; $14.7M reported sold to 42 investors) and KB Diversified Healthcare 20, DST (Las Vegas, NV — commercial — 2018).

What this means 2 separate companies raised money with this person listed as executive officer and promoter. Across those companies the filings report $14.7M sold in total.

Listed alongside Brad Watt (4 shared filings), Charles Clawson (4 shared filings), Jeff Farnsworth (4 shared filings), Jeff Pori (4 shared filings), KB Exchange Properties, LLC (4 shared filings, management entity) and 5 others.

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

All 2 issuers belong to the sponsor group Kb Exchange (99 issuers, $1.12B reported sold, 2014–2026).

What this means A sponsor group is one team that sets up a new company for each deal. Kb Exchange has 99 companies on file and $1.12B 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 (AZ, CA, DE, 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.

What the community is saying

Community search for Richard Arnitz has not run yet — it is joining a line of 11,667 names; searches run around the clock at the hosts' allowed rate. Searched so far: 27 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, 2:41 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: AZ, CA, DE, TX, WA (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 Richard Arnitz..

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states are not covered.

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, 2:41 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

No differences found between the public filings we have for Richard Arnitz (compared 4 filings on Oct 24, 2026).

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

2 of 2 offerings report sales commissions totalling $2,247,650; 0 report finder's fees; 2 report proceeds to related persons totalling $4,380,258. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Aug 30, 2018 D/A
KB Minneapolis, DST
File 021-311494
$1,026,900 (est.)$0$2,090,640 (est.)
The Sponsor and/or its affiliates will receive reimbursement of certain acquisition costs totaling $983,990, an organization, marketing and offering cost allowance of $220,050 and an acquisition fee in the amount of $886,600.
Arkadios Capital BrokerCheck CRD 282710 ↗
Colorado Financial Service Corporation BrokerCheck CRD 104343 ↗
Peak Brokerage Services, LLC BrokerCheck CRD 157045 ↗
Wealthforge Securities, LLC BrokerCheck CRD 152550 ↗
MSC - BD, LLC BrokerCheck CRD 142927 ↗
PRIMEX BrokerCheck CRD 29394 ↗
Advisory Group Equity Services Ltd. BrokerCheck CRD 15427 ↗
Galt Financial Group BrokerCheck CRD 146976 ↗
Center Street Securities, Inc. BrokerCheck CRD 26898 ↗
SCF Securities, Inc. BrokerCheck CRD 47275 ↗
Emerson Equity LLC BrokerCheck CRD 130032 ↗
EDGAR ↗
Jul 17, 2018 D
KB Diversified Healthcare 20, DST
File 021-317057
$1,220,750 (est.)$0$2,289,618 (est.)
Sponsor and/or its affiliates will receive reimbursement of certain acquisition costs, repayment of certain mezzanine financing, an organization and offering cost allowance, an acquisition fee and a real estate brokerage commission totaling $2,289,618
Arkadios Capital BrokerCheck CRD 282710 ↗
Colorado Financial Service Corporation BrokerCheck CRD 104343 ↗
Wealthforge Securities, LLC BrokerCheck CRD 152550 ↗
MSC - BD, LLC BrokerCheck CRD 142927 ↗
Primex BrokerCheck CRD 29394 ↗
Advisory Group Equity Services Ltd. BrokerCheck CRD 15427 ↗
Galt Financial Group, Inc. BrokerCheck CRD 146976 ↗
Center Street Securities, Inc. BrokerCheck CRD 26898 ↗
SCF Securities, Inc. BrokerCheck CRD 47275 ↗
Peak Brokerage Services, LLC BrokerCheck CRD 157045 ↗
Triloma Securities, LLC BrokerCheck CRD 173059 ↗
EDGAR ↗
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 2

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

Commercial · group: Kb Exchange

KB Minneapolis, DST

Las Vegas, NV · May 2, 2018 → Aug 30, 2018 · 3 filings
  • Aug 30, 2018 · D/A · $14,670,000 sold of $14,670,000 · 42 investors · min. $100,000 · role: Executive Officer (Managing Director of Kingsbarn) EDGAR ↗
  • Jun 21, 2018 · D/A · $5,503,777 sold of $14,670,000 · 15 investors · min. $100,000 · role: Executive Officer (Managing Director of Kingsbarn) EDGAR ↗
  • May 2, 2018 · D · $590,866 sold of $14,670,000 · 2 investors · min. $100,000 · role: Executive Officer (Managing Director of Kingsbarn) EDGAR ↗

Raised $14.7M from 42 investors (100% of the $14.7M target) as of the latest filing. Richard is listed as executive officer on 3 filings for this deal.

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: Commercial / 506(c) (2,639 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.

Commercial · group: Kb Exchange

KB Diversified Healthcare 20, DST

Las Vegas, NV · Jul 17, 2018
  • Jul 17, 2018 · D · $0 sold of $12,850,000 · 0 investors · min. $100,000 · role: Executive Officer, Promoter (Managing Director of Kingsbarn) EDGAR ↗

No sales reported yet as of the latest filing. Richard is listed as executive officer, promoter.

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: Commercial / 506(c) (2,639 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.

People around Richard 10

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

Management entity

Kingsbarn Realty Capital, LLC

Promoter · 4 shared filings (2 issuers) · also on 48 other issuers

Kingsbarn Realty Capital, LLC is on 50 issuers in total — a repeat sponsor. Their page lists every one.

Management entity

KB Exchange Properties, LLC

Executive Officer, Director, Promoter · 4 shared filings (2 issuers) · also on 51 other issuers

KB Exchange Properties, LLC is on 53 issuers in total — a repeat sponsor. Their page lists every one.

Management entity

KB Minneapolis ST,

Director, Promoter · 3 shared filings (1 issuer)

Listed on the same filings as Richard Arnitz. Their page shows their other deals.

Management entity

KB Diversified Healthcare 20 ST,

Director, Promoter · 1 shared filing (1 issuer)

Listed on the same filings as Richard Arnitz. Their page shows their other deals.

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

Jeff Pori

Executive Officer, Promoter · 4 shared filings (2 issuers) · also on 48 other issuers

Jeff Pori is on 50 issuers in total — a repeat sponsor. Their page lists every one.

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

Charles Clawson

Executive Officer · 4 shared filings (2 issuers) · also on 1 other issuer

Listed on the same filings as Richard Arnitz. Their page shows their other deals.

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

Michael Stubben

Executive Officer · 4 shared filings (2 issuers) · also on 9 other issuers

Michael Stubben is on 11 issuers in total — a repeat sponsor. Their page lists every one.

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

Brad Watt

Executive Officer, Promoter · 4 shared filings (2 issuers) · also on 2 other issuers

Listed on the same filings as Richard Arnitz. Their page shows their other deals.

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

Jeff Farnsworth

Executive Officer · 4 shared filings (2 issuers)

Listed on the same filings as Richard Arnitz. Their page shows their other deals.

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

Steve Prescott

Executive Officer · 3 shared filings (1 issuer)

Listed on the same filings as Richard Arnitz. Their page shows their other deals.

The team behind the deals

Sponsor group

Kb Exchange

99 issuers · 116 filings · $1.12B reported sold · 2014–2026

One team, 99 deal companies. Richard Arnitz is listed on 2 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 Richard Arnitz.

Same business address

51 other issuers file from the same address (first 50 shown)

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 2 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 Richard Arnitz 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 2 issuers this person is listed on — nothing matched.

Public profiles and social

Websites and social links of the issuers Richard Arnitz is listed on: none on file. No website or social profile named in KB Minneapolis, DST's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #249,544 of 374,652 in line (14 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 (Las Vegas, NV). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Change history

No corrections have been requested for this page.

Every fact links to its public-record source. Plain-English notes next to a fact are our reading of that fact, not a rating. Request a correction · Facts policy

Request a correction

Free. Logged with status: received → under review → fixed / confirmed with source.

Add a response

If this is you or your firm, add a sourced explanation next to any fact. Reviewed before publishing.

Monitor this person

Members get an email when Richard Arnitz appears on a new Form D, or when a court case or SEC action is matched to them. See plans →