Investor profile - MT
Leo Crane
Leo Crane is a real estate investor and operator based in Billings, MT. Public filings show activity across 4 properties held through 2 holding companies. Recent mortgage relationships include Stockman Bank and FIRST SECURITY BANK.
Leo's Activity
As of December 2025, public records show approximately $3.1M in recorded mortgage exposure linked to this investor across at least 7 mortgage filings and 4 properties held through 2 holding companies. Activity appears concentrated in residential and office assets recorded between 2017 and 2024.
Primary Geography
Billings, MT
ZIP codes: 59718 and 59715
Most recorded activity for this investor appears in BOZEMAN.
Property Type Breakdown
Associated Entities (2)
MT · 0 properties · 4 mortgages
MT · 3 properties · 3 mortgages
Mortgages (7)
Top Lenders
$2.4M · 5 loans
$660k · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 05/01/2024 | $1.2M | Open | Stockman Bank | SHEPHERD TRAIL LLC | - |
| 02/16/2022 | $327k | Closed | Stockman Bank | GRAVES TRAIL LLC | 437 N HUNTERS WAY, BOZEMAN, MT 59718 |
| 08/19/2021 | $149k | Open | Stockman Bank | GRAVES TRAIL LLC | 2066 STADIUM DR, BOZEMAN, MT 59715 |
+4 more not shown
Owned Properties (4)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 437 N HUNTERS WAY, BOZEMAN, MT 59718 | GRAVES TRAIL LLC | Sold | $435k |
| 2066 STADIUM DR, BOZEMAN, MT 59715 | GRAVES TRAIL LLC | Owns - 4.4 yrs | $186k |
| 185 GRAVES TRL, BOZEMAN, MT 59718 | GRAVES TRAIL LLC | Owns - 6.0 yrs | $315k |
+1 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and office properties across Billings, MT.
What companies is Leo Crane associated with?
Leo Crane is associated with 2 entities based on extracted signatures from public records. Key entities include SHEPHERD TRAIL LLC and GRAVES TRAIL LLC.
How many properties are associated with this investor?
At least 4 properties are associated with Leo Crane and the entities they control, based on signatures extracted from recorded documents connecting Leo Crane to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Stockman Bank and FIRST SECURITY BANK, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 through 2024, with the most recent mortgage recorded in 2024.
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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