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 7 properties held through 9 holding companies. Recent mortgage relationships include Granite Bank and Bell Bank.
Richard's Activity
As of December 2025, public records show approximately $4.6M in recorded mortgage exposure linked to this investor across at least 15 mortgage filings and 7 properties held through 9 holding companies. Activity appears concentrated in industrial and residential assets recorded between 2016 and 2023.
Associated People
Primary Geography
Minneapolis-St. Paul, MN-WI
ZIP codes: 55304, 56501, 55303, 55330, and 55434
Most recorded activity for this investor appears in ANDOVER, DETROIT LAKES, ANOKA, MINNEAPOLIS, and ELK RIVER.
Property Type Breakdown
Associated Entities (9)
MN · 0 properties · 4 mortgages
MN · 0 properties · 3 mortgages
MN · 1 property · 2 mortgages
+6 more not shown
Mortgages (15)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/13/2023 | $845k | Open | Unknown | JBR NOWTHEN LLC | 20002 FERRET ST NW, ELK RIVER, MN 55330 |
| 09/05/2023 | $406k | Open | Bell Bank | LAKE NEIGHBORS PROPERTIES LLC | 28603 SH 34, DETROIT LAKES, MN 56501 |
| 08/24/2023 | $630k | Open | Bell Bank | LAKE NEIGHBORS PROPERTIES LLC | 28603 SH 34, DETROIT LAKES, MN 56501 |
+12 more not shown
Owned Properties (7)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 20002 FERRET ST NW, ELK RIVER, MN 55330 | JBR NOWTHEN LLC | Owns - 2.3 yrs | $850k |
| 28603 SH 34, DETROIT LAKES, MN 56501 | LAKE NEIGHBORS PROPERTIES LLC | Sold | $3k |
| 28603 SH 34, DETROIT LAKES, MN 56501 | LAKE NEIGHBORS PROPERTIES LLC | Sold | $250k |
+4 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in industrial, residential, and commercial 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 ANDOVER LLC, JBR HAM LAKE LLC, and JBR RAMSEY LLC.
How many properties are associated with this investor?
At least 7 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 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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