Top1031

BR Lake Linganore, DST

in New Market, MD · sponsored by Bluerock Value Exchange

Historical · soldSold, as reported by Bluerock Value Exchange · last Form D Jul 22, 2021Sponsor source (opens in a new tab)

BR Lake Linganore, DST, sponsored by Bluerock Value Exchange, filed its first Form D with the SEC on Jul 22, 2021 for a $50.1 million offering. Bluerock Value Exchange sold the property, as reported by the sponsor.

How it ended

Sold according to the sponsor, not yet verified

Sold.

Sponsor document (opens in a new tab)

Bluerock Value Exchange has 3 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$50,141,107
Equity offered, per the Form D
Sold
15.0%
Form D, Jul 22, 2021; the % is our arithmetic
Investors reported
17
Form D, Jul 22, 2021
Selling commissions
$4,337,206 · 8.6% 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: BR Lake Linganore, DST. Top1031 is not a broker-dealer.

What did BR Lake Linganore, DST own?

Reported location
New Market, MD

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

Costs and terms from the Form D

Selling commissions
$4,337,206 · 8.6% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$4,994,267 · 9.9% of offering
Form D Item 16
· The filing’s note: “organizational & offering expenses + acquisition fee + loan carry costs + other closing costs”
Broker-dealers named in the Form D
27 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jul 14, 2021
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.

What does the SEC record show?

Legal Trust name
BR Lake Linganore, DST
SEC CIK
1872889
First Form D
Jul 22, 2021
Latest Form D
Jul 22, 2021
Filings on record
1
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$50,141,107
$7,522,455
17
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 Lake Linganore, DST?
BR Lake Linganore, 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.