The Quarters at Lawrence
Legal trust name BT Lawrence Student Housing DST
Offering size$26.5M
Asset typeMultifamily
LocationLawrence, KS
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedSep 2, 2025
Last filedSep 2, 2025
Minimum$100k
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
The Quarters at Lawrence is a 200-unit, 632-bed student-housing community at 4101 W 24th Pl, Lawrence, Kansas, serving the University of Kansas. Built in 2003, it was acquired in April 2023 and rebranded from Legends Place in June 2023. The property is held by BT Lawrence Student Housing DST, sponsored by Baker Tilly through its wholly owned subsidiary BT REI Manager, LLC, with Tailwind Group operating the community and Baker Tilly serving as Master Tenant. Sponsor materials report a $43.5 million real estate purchase price against a $26.5 million offering.
LTV 49.6% (47.5% w/res), min $100k, 100% occ AY25-26, Y1 dist 4.30%, cap 6.0%, $43.5M purchase; mgr Tailwind Group
200 units / 632 bedsBased on issuer-filed Form D notices through Sep 2, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount1.0%
Not enough filing history for a trend line.
Capital sold, per latest Form D$350,000
Remaining amount reported in latest Form D$26,150,000
Investor count reported in latest Form D2
Stated minimum investment$100,000
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First filedSep 2, 2025
Latest filingSep 2, 2025
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and identity
The Quarters at Lawrence is a student-housing community at 4101 W 24th Pl, Lawrence, Kansas, serving the University of Kansas with 200 units and 632 beds. Built in 2003, the property was acquired in April 2023 and rebranded from Legends Place in June 2023.1 It is held by BT Lawrence Student Housing DST.5
Sponsor and operations
The DST is sponsored by Baker Tilly through BT REI Manager, LLC, a wholly owned Baker Tilly subsidiary.2 Tailwind Group, Inc. of Mankato, Minnesota operates the community.1 Under the lease structure reported by the sponsor, Baker Tilly serves as Master Tenant and bears variable operating expenses including real estate taxes, insurance, and utilities.3
Capitalization
Sponsor materials report an offering sized at $26,500,000 against a $43,500,000 real estate purchase price, a 6.00% cap rate, and leverage of 49.57% of purchase price without reserves (47.45% with reserves).3 An issuer Form D filed September 2, 2025 reported a $26,500,000 total offering amount with $350,000 sold as of that date.4
In the news
Frequently asked questions
Is The Quarters at Lawrence currently active?
The Quarters at Lawrence is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for The Quarters at Lawrence?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.