Liberty Lofts and Midtown Urban
Student housing property in Fort Worth and Arlington, TX · sponsored by Bridgeview Student Housing
Liberty Lofts and Midtown Urban was a DST sponsored by Bridgeview Student Housing that owned a student housing property in Fort Worth and Arlington, TX. Its last Form D, filed May 23, 2025, reports the offering fully sold.
How it ended
No outcome recorded · under 7 years
The last Form D, filed May 23, 2025, reports the offering fully sold.
Key facts
- Minimum investment
- $50,000From the Form D
- Offering size
- $27,201,199Equity offered, per the Form D
- Sold
- 100%Form D, May 23, 2025; the % is our arithmetic
- Investors reported
- Form D, May 23, 20251
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,632,072 · 6.0% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.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 →
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Ask a 1031 specialist about this recordFree. About: Liberty Lofts and Midtown Urban. Top1031 is not a broker-dealer.Liberty Lofts and Midtown Urban · TX · Photo: fortworthbusiness.com
What did the Trust own?
Both buildings were acquired in 2021 by Bridgeview Multifamily, a sponsor affiliate; reporting at the time did not name this Trust as the buyer. 5 Liberty Lofts, near Texas Christian University, is configured entirely as three-bedroom apartments — 165 beds in total. 2 Midtown Urban, on UTA Boulevard, houses University of Texas at Arlington students. 4
- Property address
- 3517 S. University Dr., TX
- Property size
- Liberty Lofts: 55 units, each 1,200 sf; Midtown Urban: 70 units, with unit sizes of 878 sf, 1,200 sf, and 1,492 sf
How was it financed, and what did it cost to sell?
This is a leveraged Trust: a fixed-rate mortgage sits at the trust level across both properties, which lets an exchanger replace debt carried on the property they sold. Neither Form D names a lender; the sponsor publishes the loan rate and leverage ratio on its own offering page. 2
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $1,632,072 · 6.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $1,971,036 · 7.2% of offeringForm D Item 16· The filing’s note: “Estimate of certain fees, including Managing Broker Dealer Fee, Marketing and Due Diligence Allowance, Offering & Organizational Expenses and Acquisition Fee that may accrue to one or more related persons.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- BV Securities, LLC · CRD 103800
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jan 12, 2024
- Minimum investment
- $50,000
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.
Who's behind the Trust?
Bridgeview Real Estate describes itself as a veteran-owned DST sponsor and developer, and on August 5, 2024 announced this offering as a Regulation D raise open to accredited and 1031-exchange investors. 3 The Form D names Bridgeview Student Housing LLC as sponsor, BVLM Depositor LLC as depositor, BVLM Student Manager LLC as administrative trustee, and Steven May as manager. 1 An affiliate, Bridgeview Multifamily, assembled both properties in 2021. 5
- Sponsor
- Offerings on record
What does the SEC record show?
The original Form D reported a first sale on January 12, 2024 and $4.99 million sold as of that filing; the later amendment reported the raise complete. 6 The Trust is offered under Rule 506(c), meaning it may be publicly advertised but every investor's accredited status must be verified.
- Legal Trust name
- BV Student Housing Texas Portfolio DST
- SEC CIK
- 2008788
- First Form D
- Jan 25, 2024
- Latest Form D
- May 23, 2025
- Filings on record
- 2
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $27,201,199 | $27,201,199+$22,213,699 | 1 | EDGAR | |
| Form D | $27,201,199 | $4,987,500 | 1 | 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 Liberty Lofts and Midtown Urban?
- Liberty Lofts and Midtown Urban is a Historical offering. The last Form D, filed May 23, 2025, reports the offering fully sold.
- Who is the tenant at Liberty Lofts?
- Texas Christian University. The sponsor reports a five-year master lease giving TCU the exclusive right to secure all Liberty Lofts units for student housing through July 2028, meaning the university — not individual students — is the lease counterparty for that property. Midtown Urban, by contrast, is leased to residents directly under private management.
- Is Midtown Urban near UT Arlington or the University of North Texas?
- The address on file is 1121 UTA Boulevard in Arlington, Texas, and both the sponsor's own page and Connect CRE's August 5, 2024 report place the property at UT Arlington. Some August 2024 trade coverage described it as serving UNT in Denton. The address and the sponsor material are the stronger evidence.
- Does this Trust convert into a REIT?
- No. The data shows no 721/UPREIT exit — that is the structure in which a DST's property is contributed to a REIT's operating partnership in exchange for OP units, converting a real-property interest into a securities interest. Here the trust holds the two properties directly, so an eventual sale would be a straight property disposition.
- Why does the Form D report only one investor?
- Form D asks for the number of investors who have purchased in the offering, and this issuer reported one on both filings, including the amendment marking the raise complete. Issuers report that field inconsistently, and the filings do not explain the figure. Treat it as a filing artifact rather than a count of beneficial owners.
In the news
Sources
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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.