Fieldstone Grandridge and Fieldstone Memory Care
Files with the SEC as BFG Kennewick DST
Offering size$18.9M
Minimum investment$25k
Asset typeMultifamily
LocationNot stated
FinancingLeveraged. This offering reports mortgage debt on the property.
May convert to a REIT721/UPREIT exit, as reported by the sponsorNo
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.
No ending on record
No public full-cycle announcement, sale notice, or UPREIT transaction specifically naming the BFG Kennewick DST was located; Bourne Financial Group continues to operate as a seniors housing sponsor and a $13.8M Kennewick memory care sale was reported in June 2025 but could not be definitively linked to this DST.
Supporting evidence
First filingMay 1, 2018
Latest filingMay 1, 2018
Filings on record1
How it may be offeredNot advertised publicly. Offered through existing relationships.Rule 506(b)
Read the filings on SEC EDGARA 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.
In the news
Frequently asked questions
What happened to Fieldstone Grandridge and Fieldstone Memory Care?
Top1031 lists Fieldstone Grandridge and Fieldstone Memory Care as historical. It is no longer raising money.
Where does Top1031 get the data for Fieldstone Grandridge and Fieldstone Memory Care?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.