Investor Profile - MN

Richard Lee

Richard Lee is a real estate investor and operator based in Minneapolis-St. Paul, MN-WI. Public filings show activity across 20 properties held through 9 holding companies. Recent mortgage relationships include Granite Bank and Bell Bank.

Contact info available

Richard's Activity

As of June 2026, public records show approximately $3.8M in recorded mortgage exposure linked to this investor across at least 14 mortgage filings and 20 properties held through 9 holding companies. Activity appears concentrated in residential and industrial assets recorded between 2016 and 2026.

Primary Geography

Minneapolis-St. Paul, MN-WI

ZIP codes: 56501, 55304, 55401, 55011, and 55303

Most activity in DETROIT LAKES, MINNEAPOLIS, ANDOVER, CEDAR, and ANOKA.

Property Type Breakdown

Residential53%
Industrial32%
Vacant11%
Other5%

Associated Entities (9)

LAKE NEIGHBORS PROPERTIES LLC

MN · 1 property · 4 mortgages

active
Incorporated on 05/20/2022 in MNMailing Address: 290 Shorewood Drive, Detroit Lakes, 56501, MN, USA
MINNSIDER INC

MN · 2 properties · 2 mortgages

active
Incorporated on 08/12/2019 in MNMailing Address: 1111 W River Pkwy 14B, MINNEAPOLIS, 55415, MN, USA

+7 more entities not shown

Mortgages (14)

DateAmountStatusLenderBorrowerAddress
09/13/2023$845kOpenUnknownJBR NOWTHEN LLC20002 FERRET ST NW,
ELK RIVER, MN 55330
09/05/2023$406kOpenBell BankLAKE NEIGHBORS PROPERTIES LLC28603 SH 34,
DETROIT LAKES, MN 56501

+12 more not shown

Owned Properties (20)

AddressDeeded ownerStatusConsideration
17535 CHISHOLM ST NE,
ANDOVER, MN 55304
JBR RAMSEY LLCOwns - 13 mos$87k
15035 ABERDEEN ST NE,
ANDOVER, MN 55304
JBR ABERDEEN LLCOwns - 24 mos$350k

+18 more not shown

FAQ

What type of real estate does this investor focus on?

Associated mortgages and deeds show activity in residential, industrial, and vacant properties across Minneapolis-St. Paul, MN-WI.

What companies is Richard Lee associated with?

Richard Lee is associated with 9 entities based on extracted signatures from public records. Key entities include LAKE NEIGHBORS PROPERTIES LLC, MINNSIDER INC, JBR RAMSEY LLC, JBR ANDOVER LLC, and JBR HAM LAKE LLC.

How many properties are associated with this investor?

At least 20 properties are associated with Richard Lee and the entities they control, based on signatures extracted from recorded documents connecting Richard Lee to the entities.

Which lenders has this investor worked with?

Recent mortgage activity references Granite Bank and Bell Bank, indicating a mix of lending relationships.

How recent is their activity?

Records show activity from 2016 through 2026, 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.

Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.

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