Spring Village at Pocono

ClosedMultifamily
Talk to a 1031 specialistData updated Jul 17, 2017
Offering size$7.7M
Minimum investment$25k
Asset typeMultifamily
LocationNot stated
FinancingNot stated. The filings for this offering do not say whether it carries mortgage debt.
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.

What happened

No ending on record

No public full-cycle sale announcement was located for the BFG Pocono DST sponsored by Bourne Financial Group; Bourne's news page (May 2025) discusses higher distributions and senior-housing recovery but does not name a sale or liquidation of this trust.

SEC filingsMatched to public SEC filings
First filingJul 17, 2017
Latest filingJul 17, 2017
Filings on record1
How it may be offeredNot advertised publicly. Offered through existing relationships.Rule 506(b)
Read the filings on SEC EDGAR

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.

In the news

Frequently asked questions

What happened to Spring Village at Pocono?

Top1031 lists Spring Village at Pocono as historical. It is no longer raising money.

Where does Top1031 get the data for Spring Village at Pocono?

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.