Top1031

Stadium View Student Housing

Student housing property in Ames, IA — sponsored by BT Ames Student Housing Depositor

Files with the SEC as BT Ames Student Housing DST

Minimum investment
$100k
Offering size
$25.5M
How much has sold
None sold yet
Asset type
Student housing property
Location
Ames, IA
Financing
All cash. This offering reports no mortgage debt.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

BT Ames Student Housing DST is a Delaware statutory trust — a structure that lets 1031 exchangers hold fractional real estate — and the SEC record classifies it as residential real estate.1 It filed one Form D in October 2022 and nothing since.2 The filing names no property; Baker Tilly materials point to an Ames community serving Iowa State University acquired in September 2022.3

Show sources (13)Hide sources (13)

These links support the historical public record; individual details may come from different sources.

On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.

Chapter 2

What exactly is the property?

The Form D names no property, gives no address, and states no purchase terms.1 Baker Tilly's Delaware statutory trust materials describe an Ames student-housing community serving Iowa State University acquired in September 2022.3 Tailwind Group's portfolio page, dated February 26, 2025, dates The Quarters at Ames to 2018 construction.9 Stadium View, an Ames property under a separate 2018 filing, belongs to a different issuer.8

Reported location
Ames, IA
Property size
197 units / 518 beds
Chapter 3

Who is the tenant, and what's the lease?

The Form D discloses no tenant, master lease, or occupancy.1 A community like this leases to individual students rather than one corporate tenant; the property website markets two- and three-bedroom apartments and advertises limited 2026–2027 availability plus 2027–2028 pre-leasing.6

Chapter 4

How did it end?

What happened

No sale or other ending on record

Top1031 identifies BT Ames Student Housing DST with The Quarters Ames at 601 S 17th St and reports JRW Investments lists it as Active (not full cycle); the official property site advertises 2026–2027 leasing and 2027–2028 pre-leasing, while Stadium View is separately described as another Ames offering/property.

Class A purpose-built student housing community serving Iowa State University; acquired by Arrimus Capital affiliate in late 2017. The DST vehicle (BT Ames Student Housing DST) sponsored by BT Ames Student Housing Depositor, LLC.

197 units / 518 beds
Supporting evidence
Chapter 5

How is it financed, and what does it pay?

The Form D says nothing about mortgage debt, so whether the Trust is leveraged or all-cash is not on the public record.1 The filing does state the depositor must pay roughly $3.72 million of costs tied to the offering and the property acquisition.1

Chapter 7

What does the paperwork say?

One notice, then silence: EDGAR's submission history for this issuer shows no amendment and no later filing.2 That single notice identifies the trust and its related manager entity but names no property, tenant, or lender.1

  1. Form D filedFirst and latest filing on record.
Filings on record
1
How it may be offered
Rule 506(b)Not advertised publicly. Offered through existing relationships.
Source filing
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.

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.

Chapter 8

Common questions

What happened to Stadium View Student Housing?

Top1031 lists Stadium View Student Housing as historical. It is no longer raising money.

Where does Top1031 get the data for Stadium View Student Housing?

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.

Is this Trust still open to new investors?

The public record shows one Form D filed October 11, 2022, with no amendment or later filing since.[2] JRW Investments labels the offering's status closed.[4] Treat it as closed to new investors; no sale, refinancing, or other full-cycle outcome has been reported in the sources reviewed.

Which property does this Trust actually own?

The SEC filing never says. Baker Tilly's Delaware statutory trust materials describe an Ames, Iowa student-housing community serving Iowa State University acquired in September 2022, and the property known as The Quarters Ames sits at 601 S 17th Street.[6] That link comes from sponsor and third-party materials, not from the Form D itself, so the property identity is not confirmed by the primary filing.

Is this the same deal as Stadium View Student Housing in Ames?

No. Stadium View, the Ames property Arrimus Capital acquired from Haverkamp Properties in 2018, was offered through a separately filed issuer, ACA Stadium View Student Housing DST, whose Form D dates to February 1, 2018.[8] Its economics and history do not belong to BT Ames Student Housing DST.

What does it mean that the offering was made under Rule 506(b)?

Rule 506(b) is a private-placement exemption: the sponsor may not advertise the offering publicly and generally sells to accredited investors — those meeting SEC income or net-worth tests — with whom it already has a relationship. Terms live in the private placement memorandum (PPM), the offering document delivered to prospective investors, not in the SEC filing.

What is not on the public record for this Trust?

The Form D discloses no purchase price, no loan or lender, no loan-to-value, no master tenant or lease terms, no occupancy, and no distribution terms.[1] The filing also names no separate property operator, though Tailwind Group's portfolio page lists The Quarters at Ames among its properties.[9] Those items would have to come from the sponsor's PPM.

Chapter 9

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