Top1031

BC Exchange Logistics Portfolio DST

sponsored by Black Creek Exchange

Historical · convertedConverted into REIT units (721 exchange), as reported by Black Creek Exchange · last Form D Mar 14, 2022Sponsor source (opens in a new tab)

BC Exchange Logistics Portfolio DST, sponsored by Black Creek Exchange, filed its first Form D with the SEC on Sep 9, 2021 for a $108.8 million offering. Converted into REIT units (721 exchange), as reported by Black Creek Exchange.

How it ended

Moved into a REIT, per the REIT's SEC filing

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
$98,800,000
Equity offered, per the Form D
Sold
100%
Form D, Mar 14, 2022; the % is our arithmetic
Investors reported
84
Form D, Mar 14, 2022
Selling commissions
$5,443,526 · 5.5% 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 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: BC Exchange Logistics Portfolio DST. Top1031 is not a broker-dealer.

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
$5,443,526 · 5.5% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$4,626,998 · 4.6% of offering
Form D Item 16
· The filing’s note: “Estimate includes 1.5% Dealer manager Fee, 1.25% Organizational Expense and Real Estate Transaction Cost and 1.5% Facilitation Fee.”
Broker-dealers named in the Form D
17 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Oct 5, 2021
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 Logistics Portfolio DST
SEC CIK
1882158
First Form D
Sep 9, 2021
Latest Form D
Mar 14, 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$98,800,000was $108,870,523
$98,800,000+$90,690,029
84+68
EDGAR
Form D/A$108,870,523
$8,109,971+$8,109,971
16
EDGAR
Form D$108,870,523
$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 Logistics Portfolio DST?
BC Exchange Logistics Portfolio DST is a Historical offering. Converted into REIT units (721 exchange), as reported by Black Creek Exchange.
Did BC Exchange Logistics Portfolio 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.