Investor profile - AZ
Lisbeth Ray
Lisbeth Ray is a real estate investor and operator based in Phoenix, AZ. Public filings show activity across 3 properties held through 17 holding companies. Recent mortgage relationships include Foothills Bank, FIRST FIDELITY BANK, and STATE BANK OF ARIZONA.
Lisbeth's Activity
As of December 2025, public records show approximately $21.5M in recorded mortgage exposure linked to this investor across at least 15 mortgage filings and 3 properties held through 17 holding companies. Activity appears concentrated in residential and multifamily assets recorded between 2013 and 2025.
Primary Geography
Phoenix, AZ
ZIP codes: 85017, 85120, and 85204
Most recorded activity for this investor appears in PHOENIX, APACHE JUNCTION, and MESA.
Property Type Breakdown
Associated Entities (17)
AZ · 9 properties · 7 mortgages
AZ · 1 property · 6 mortgages
AZ · 3 properties · 4 mortgages
+14 more not shown
Mortgages (15)
Top Lenders
$15.8M · 5 loans
$3.1M · 4 loans
$2.6M · 2 loans
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 11/09/2022 | $1.6M | Open | Foothills Bank | PMH OFFICE PARTNERS LP | 6161 S PARK AVE, TUCSON, AZ 85706 39 |
| 12/21/2020 | $1.5M | Closed | STATE BANK OF ARIZONA | RIO HONDO LLC | 25 S LAZONA DR, MESA, AZ 85204 |
| 06/29/2020 | $5.0M | Open | Foothills Bank | CUBED DEVONSHIRE 4 LP | 6434 W VAN BUREN ST, PHOENIX, AZ 85043 29 |
+12 more not shown
Owned Properties (3)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 25 S LAZONA DR, MESA, AZ 85204 | RIO HONDO LLC | Owns - 6.1 yrs | $0 |
| 2601 W MISSOURI AVE, PHOENIX, AZ 85017 | RIO HONDO LLC | Owns - 6.2 yrs | $0 |
| 11140 E 4TH AVE, APACHE JUNCTION, AZ 85120 | J & D ENTERPRISES REAL ESTATE LLC | Owns - 12.7 yrs | $0 |
+0 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and multifamily properties across Phoenix, AZ.
What companies is Lisbeth Ray associated with?
Lisbeth Ray is associated with 17 entities based on extracted signatures from public records. Key entities include 2020 REALTY PARTNERS LLC, CUBED DEVONSHIRE 4 LP, PMH OFFICE PARTNERS LP, RIO HONDO LLC, and UNIVERSITY 4 LP.
How many properties are associated with this investor?
At least 3 properties are associated with Lisbeth Ray and the entities they control, based on signatures extracted from recorded documents connecting Lisbeth Ray to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Foothills Bank, FIRST FIDELITY BANK, and STATE BANK OF ARIZONA, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2013 through 2025, with the most recent mortgage recorded in 2022.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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