BR 79 West, DST
in Panama City Beach, FL · sponsored by Bluerock Value Exchange
BR 79 West, DST, sponsored by Bluerock Value Exchange, filed its first Form D with the SEC on Feb 2, 2022 for a $42.3 million offering. Bluerock Value Exchange sold the property, as reported by the sponsor.
How it ended
Sold.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $42,387,253Equity offered, per the Form D
- Sold
- 25.7%Form D, Feb 2, 2022; the % is our arithmetic
- Investors reported
- Form D, Feb 2, 202229
- Selling commissions
- Form D Item 15; the % is our arithmetic$3,666,497 · 8.6% of offering
- 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: BR 79 West, DST. Top1031 is not a broker-dealer.BR 79 West, DST · Panama City Beach, FL · Photo: capi.myleasestar.com
What did BR 79 West, DST own?
- Reported location
- Panama City Beach, FL
How was it financed, and what did it cost to sell?
Costs and terms from the Form D
- Selling commissions
- $3,666,497 · 8.6% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $3,341,309 · 7.8% of offeringForm D Item 16· The filing’s note: “Organization and offering expenses of $254,324 + Acquisition fee of $1,412,000 + loan related costs of $915,372 + other closing costs of $759,613”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Bluerock Capital Markets LLC · CRD 136974
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jan 24, 2022
- Minimum investment
- $100,000
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.
Who's behind BR 79 West, DST?
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- BR 79 West, DST
- SEC CIK
- 1908004
- First Form D
- Feb 2, 2022
- Latest Form D
- Feb 2, 2022
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $42,387,253 | $10,927,397 | 29 | 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 BR 79 West, DST?
- BR 79 West, DST is a Historical offering. Sold, as reported by Bluerock Value Exchange.
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.