Investor Profile - IA
Leo Sand
Leo Sand is a real estate investor and operator based in Cedar Rapids, IA. Public filings show activity across 2 properties held through 2 holding companies. Recent mortgage relationships include Wells Fargo Bank, Bloomsdale Bank, and HOUSING TRUST FUND OF JOHNSON.
Leo's Activity
As of June 2026, public records show approximately $10.7M in recorded mortgage exposure linked to this investor across at least 3 mortgage filings and 2 properties held through 2 holding companies. Activity appears concentrated in commercial assets recorded between 2019 and 2023.
Associated People
Primary Geography
Cedar Rapids, IA
ZIP codes: 52245
Most activity in IOWA CITY.
Property Type Breakdown
Associated Entities (2)
IA · 1 property · 2 mortgages
IA · 1 property · 1 mortgage
Mortgages (3)
Top Lenders
$7.9M · 1 loan
$1.8M · 1 loan
$1.1M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/22/2023 | $1.1M | Open | HOUSING TRUST FUND OF JOHNSON | IC HOUSING GROUP II LLC | 670 NEX AVE, IOWA CITY, IA 52245 |
| 09/22/2023 | $7.9M | Open | Wells Fargo Bank | IC HOUSING GROUP II LLC | 670 NEX AVE, IOWA CITY, IA 52245 |
+1 more not shown
Owned Properties (2)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 670 NEX AVE, IOWA CITY, IA 52245 | IC HOUSING GROUP II LLC | Owns - 2.7 yrs | $600k |
| 671 NEX AVE, IOWA CITY, IA 52245 | IC HOUSING GROUP LLC | Owns - 56.4 yrs | $0 |
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial properties across Cedar Rapids, IA.
What companies is Leo Sand associated with?
Leo Sand is associated with 2 entities based on extracted signatures from public records. Key entities include IC HOUSING GROUP II LLC and IC HOUSING GROUP LLC.
How many properties are associated with this investor?
At least 2 properties are associated with Leo Sand and the entities they control, based on signatures extracted from recorded documents connecting Leo Sand to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Wells Fargo Bank, Bloomsdale Bank, and HOUSING TRUST FUND OF JOHNSON, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2019 through 2023, with the most recent mortgage recorded in 2023.
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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