Sacramento Rehabilitation Hospital
Legal trust name BV Ernest Health Neuro Rehab DST
Offering size$77.7M
Asset typeHealthcare
LocationSacramento, CA
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedMay 8, 2025
Last filedApr 22, 2026
Minimum$50k
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.
Sacramento Rehabilitation Hospital is a 50-bed general acute care hospital at 10 Advantage Court, Sacramento, California, held through BV Ernest Health Neuro Rehab DST and sponsored by Bridgeview Real Estate Exchange. California HCAI records list it as licensed for 50 beds with an Open status as of July 2025. The facility opened in January 2023 and operates under a 20-year absolute-net lease to Ernest Health, with annual rent escalations and two 10-year renewal options. Sponsor material describes it as northeast California's only inpatient neuro-rehabilitation facility and as Bridgeview's fourth DST offering and its first outside Texas.
0% LTV; min $100k (1031)/$50k cash; 95% occ (12/31/24); tenant Ernest Health, 20-yr NNN; 5.70% target dist
50 bedsBased on issuer-filed Form D notices through Apr 22, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount46.0%
Capital sold, per latest Form D$35,620,141
Remaining amount reported in latest Form D$42,047,441
Investor count reported in latest Form D122
Stated minimum investment$50,000
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First filedMay 8, 2025
Latest filingApr 22, 2026
Filings tracked2
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and license
Sacramento Rehabilitation Hospital sits at 10 Advantage Court, Sacramento, CA 95834. California's Department of Health Care Access and Information lists the facility (HCAI ID 106341326) as a General Acute Care Hospital licensed for 50 beds with a status of Open as of July 2025 1.
Operator and lease
The property is held by BV Ernest Health Neuro Rehab DST and is encumbered by a 20-year absolute-net (NNN) lease with Ernest Health as tenant, carrying annual rent escalations and two 10-year renewal options. The hospital opened in January 2023. The sponsor characterizes the offering as Bridgeview's fourth DST and its first outside Texas 2.
Reported operating metrics
Sponsor material reports 95% average occupancy for the 12 months ended December 31, 2024, a UDSMR Program Evaluation Model score ranking the hospital in the top 1% of 886 U.S. rehabilitation hospitals as of February 2025, and a Case Mix Index of 1.81x as of February 2025. It describes the site as the only inpatient neuro-rehabilitation facility in northeast California and cites overflow referral agreements with Kaiser Permanente and UC Davis Medical Center 3.
Offering filing
An issuer Form D/A filed April 22, 2026 reports a total offering amount of $77,667,582 with $35,620,141 sold as of that filing date 4.
In the news
Frequently asked questions
Is Sacramento Rehabilitation Hospital currently active?
Sacramento Rehabilitation Hospital is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Sacramento Rehabilitation Hospital?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.