Top1031

Carlton at Greenbrier DST

Property in Chesapeake, VA · sponsored by Bonaventure

Active offeringLatest Form D filed Sep 24, 2026 (opens in a new tab)

Carlton at Greenbrier DST is a DST sponsored by Bonaventure that owns a property in Chesapeake, VA. Its latest Form D, filed Sep 24, 2026, lists a $28.2 million offering with a $100,000 minimum.

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$28,275,000
Equity offered, per the Form D
Sold so far
None reported as of Sep 24, 2026
Form D, Sep 24, 2026
Selling commissions
$2,544,750 · 9.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
How it is financed ↓
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

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 →

Sales so far

Latest Form D
Sep 24, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice Sep 24, 2026.

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Ask a 1031 specialist about this recordFree. About: Carlton at Greenbrier DST. Top1031 is not a broker-dealer.
Carlton at Greenbrier DST image

Carlton at Greenbrier DST · Chesapeake, VA · Photo: carltonatgreenbrier.com

Chesapeake, VA · no mappable address in the filings.

What does Carlton at Greenbrier DST own?

Bonaventure identifies the marketed asset as a 176-unit, Class A community built in 2012 in Chesapeake, Virginia.2 A matching apartment community lists its address as 1501 Carlton Drive.3 Virginia Business reported that Bonaventure Realty Group bought The Carlton at Greenbrier from H. Katz Capital Group for $30 million, closing October 31, 2019 — years before this Trust's first filing.4 Bonaventure reported 94.9% occupancy there as of August 2026.5

Reported location
Chesapeake, VA

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

No lender or loan balance appears in the Trust's notice or in its sponsor's accessible materials, so whether this Trust carries mortgage debt is not established. The notice does propose using $1,273,387 of proceeds to reimburse related persons for loan-related costs — a proposed use of proceeds, not a stated mortgage.1

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
May convert to a REIT (721)
Not stated in the public record

Costs and terms from the Form D

Selling commissions
$2,544,750 · 9.0% of offering
Finders’ fees
$0
Recipients of sales compensation
1 named in the Form D
Show the names
  • Preferred Capital Securities, LLC
Date of first sale
Not in the Form D
Minimum investment
$100,000

Form D Item 15 amounts may be the issuer’s estimates; the percentage is Top1031’s arithmetic on two Form D figures.

What does the SEC record show?

Nothing has been amended or superseded since the Trust's initial notice.1 The exemption claimed there lets a sponsor advertise the offering publicly, provided it takes reasonable steps to verify that every buyer is an accredited investor — someone meeting the SEC's income or net-worth tests.

Legal Trust name
Carlton at Greenbrier DST
SEC CIK
2156300
First Form D
Sep 24, 2026
Latest Form D
Sep 24, 2026
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR
  1. Form D filedFirst and latest filing on record.

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

Is Carlton at Greenbrier DST an active offering?
Carlton at Greenbrier DST is an Active offering: its latest Form D was filed Sep 24, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
What property is behind Carlton at Greenbrier DST?
Bonaventure's own DST materials identify a 176-unit, Class A multifamily community built in 2012 in Chesapeake, Virginia, and a matching apartment community lists its address as 1501 Carlton Drive. The Form D itself names no parcel, and no recorded deed placing title in the Trust was located, so the link rests on the sponsor's identification rather than a land record. The community's website names Vest Residential as its manager. The PPM — the private placement memorandum a sponsor gives prospective investors — would state the Trust's title and terms.
Is the property occupied, and who says so?
Bonaventure reported 94.9% occupancy at The Carlton at Greenbrier as of August 2026. That is a sponsor-published figure for the building, not an independently audited operating result, and not a statement about the Trust's finances. Nothing in the September 24, 2026 Form D addresses occupancy, rents, or operating results; a current rent roll and historical operating statements would appear in the PPM.
Who is the sponsor, and what else have they done in 1031 DSTs?
Bonaventure Holdings, LLC is named as an executive-officer related person on the Trust's Form D filed September 24, 2026. AltsWire reported on June 29, 2026 that two earlier Bonaventure Virginia DST offerings were subscribed, raising $54.2 million across 86 investors. On September 23, 2026 — one day before this Trust's notice — Bonaventure announced a separate $32 million DST, Aspire West End, which that release does not identify as Carlton at Greenbrier.
What is the minimum investment?
The Form D filed September 24, 2026 lists a $100,000 minimum investment from an outside investor. Minimums can differ in practice by selling agent and by whether a subscription is funded with cash or with 1031 exchange proceeds, so the PPM and subscription agreement control.
What does a Rule 506(c) offering mean for me as an investor?
Rule 506(c) is the private-offering exemption that lets a sponsor market publicly — websites, press releases, advertising — but requires the issuer to take reasonable steps to verify that every purchaser is an accredited investor, someone meeting the SEC's income or net-worth tests. In practice, expect to document income or net worth, or supply a verification letter from your CPA or attorney, rather than simply checking a box.
Is there a 721/UPREIT exit, and what else is still unestablished?
Bonaventure's offering page describes an optional Section 721 exchange — a swap of property interests for operating-partnership units in a REIT — into its BMIT fund after a holding period. That is a described option, not a completed event, and the Trust's filing data states nothing about a REIT conversion. As of October 4, 2026 the public record also does not establish a deed transferring the identified property into the Trust, a DST-level purchase price or capitalization, any mortgage balance or lender, master-lease terms, or fundraising progress after the filing date. Confirm each in the PPM and with your own tax and legal advisers.

Sources

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These links support the record as a whole; individual details may come from different sources.

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.