Top1031

BC Exchange Clayton Commerce Center DST

in Ellenwood, GA · sponsored by Black Creek Exchange

Historical · convertedConverted into REIT units (721 exchange), as reported by Black Creek Exchange · last Form D Apr 18, 2022Sponsor source (opens in a new tab)

BC Exchange Clayton Commerce Center DST, sponsored by Black Creek Exchange, filed its first Form D with the SEC on Nov 17, 2020 for a $70.6 million offering. Converted into REIT units (721 exchange), as reported by Black Creek Exchange.

How it ended

No outcome recorded · under 7 years

Converted into REIT units (721 exchange).

Sponsor document (opens in a new tab)

Key facts

Minimum investment
$500,000
From the Form D
Offering size
$66,216,508
Equity offered, per the Form D
Sold
100%
Form D, Apr 18, 2022; the % is our arithmetic
Investors reported
36
Form D, Apr 18, 2022
Selling commissions
$3,534,435 · 5.3% of offering
Form D Item 15; the % is our arithmetic
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

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Ask a 1031 specialist about this recordFree. About: BC Exchange Clayton Commerce Center DST. Top1031 is not a broker-dealer.

What did the Trust own?

Reported location
Ellenwood, GA

How was it financed, and what did it cost to sell?

Debt

Converted to a REIT (721)
Yes: converted into REIT units
Sponsor document

Costs and terms from the Form D

Selling commissions
$3,534,435 · 5.3% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$3,004,271 · 4.5% of offering
Form D Item 16
· The filing’s note: “Estimates include 1.5% Dealer Manager Fee, 1.5% Facilitation Fee, and up to 1.25% Organizational Expense and Real Estate Transaction Cost Allowance”
Broker-dealers named in the Form D
6 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Dec 23, 2020
Minimum investment
$500,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

Legal Trust name
BC Exchange Clayton Commerce Center DST
SEC CIK
1832526
First Form D
Nov 17, 2020
Latest Form D
Apr 18, 2022
Filings on record
3
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$66,216,508was $70,688,705
$66,216,508+$5,539,131
36+6
EDGAR
Form D/A$70,688,705
$60,677,377+$60,677,377
30
EDGAR
Form D$70,688,705
$0
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Common questions

What happened to BC Exchange Clayton Commerce Center DST?
BC Exchange Clayton Commerce Center DST is a Historical offering. Converted into REIT units (721 exchange), as reported by Black Creek Exchange.
Did BC Exchange Clayton Commerce Center DST convert into REIT units through a 721 exchange?
Converted into REIT units (721 exchange), as reported by Black Creek Exchange. In a 721 exchange, or UPREIT, the DST’s property is contributed to a REIT’s operating partnership and investors receive operating-partnership units instead of cash.
How a DST-to-721 UPREIT exit works

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 offering documents before investing.