X0708 D LIVE 0002136142 LB HiLo SPE, LLC 15 W SOUTH TEMPLE STE 640 SALT LAKE CITY UT UTAH 84101 8015311221 DELAWARE None None Limited Liability Company true 2026 LLC LB Management AZ, 15 W. South Temple Ste 640 Salt Lake City UT UTAH 84101 Executive Officer Promoter Manager LLC M&C Properties Utah JS, 15 W. South Temple Ste 640 Salt Lake City UT UTAH 84101 Promoter LLC M&C Properties, 15 W. South Temple Ste 640 Salt Lake City UT UTAH 84101 Promoter LLC GP Millburn 2025, 15 W. South Temple Ste 640 Salt Lake City UT UTAH 84101 Promoter Other Real Estate Decline to Disclose 06c false 2026-05-12 false true false 0 1200000 1200000 0 false 1 0 0 0 true LB Management AZ, LLC or affiliate M&C Properties Utah JS (assignable to other affiliates) is entitled to an annual management fee in an amount equal to 1% of contributed capital per year. The fee is disclosed in the Issuer confidential offering materials false LB HiLo SPE, LLC Jed B. Millburn Jed B. Millburn Manager of M&C Properties Utah JS, LLC, Manager of LB Manage 2026-05-21