Top1031

The James at Canyon Creek

Multifamily property in Richardson, TX · sponsored by Cantor Fitzgerald

HistoricalLast Form D, filed Sep 25, 2024, reports the offering fully sold (opens in a new tab)

The James at Canyon Creek was a DST sponsored by Cantor Fitzgerald that owned a multifamily property in Richardson, TX (415 units). Its last Form D, filed Sep 25, 2024, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Sep 25, 2024, reports the offering fully sold.

Cantor Fitzgerald has 5 active offerings on record →

Key facts

Minimum investment
$250,000
From the Form D
Offering size
$51,875,000
Equity offered, per the Form D
Sold
100%
Form D, Sep 25, 2024; the % is our arithmetic
Investors reported
170
Form D, Sep 25, 2024
Selling commissions
$2,593,750 · 5.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
How it is financed ↓
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

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 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: The James at Canyon Creek. Top1031 is not a broker-dealer.

What did The James at Canyon Creek own?

The property sits at 850 Greenside Drive in Richardson, Texas, in the northern Dallas suburbs, and operates as a rental community of one-, two-, and three-bedroom homes. 1 It was 93% leased when the Trust was marketed. No primary acquisition record, purchase price, or year-built detail surfaced in the sources reviewed, so the building's history before the Trust is not documented here.

Reported location
Richardson, TX
Property size
415 units

How was it financed, and what did it cost to sell?

The public record here does not confirm the Trust's leverage. A marketplace listing for the offering describes a fixed-rate loan with a ten-year term and interest-only payments for that full term; the lender, loan amount, and loan-to-value were not disclosed in the sources reviewed. 2

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$2,593,750 · 5.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$6,290,392 · 12.1% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees & expenses, including Managing Broker-Dealer Fee, Marketing and Due Diligence Allowance, Offering & Organizational Expenses, Closing Costs, Loan & Lender Expenses & Acquisition Fee, which may accrue to one or more related persons.”
Broker-dealers named in the Form D
26 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Mar 27, 2024
Minimum investment
$250,000

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.

What does the SEC record show?

The Trust recorded its first sale on March 27, 2024, days after the initial Form D. 3 Two later amendments updated the offering amount and the raise's progress. The exemption used bars general advertising, so interests went to accredited investors — those meeting SEC income or net-worth tests — through existing relationships.

Legal Trust name
CF James Multifamily DST
SEC CIK
2013777
First Form D
Mar 21, 2024
Latest Form D
Sep 25, 2024
Filings on record
3
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$51,875,000
$51,875,000+$34,535,229
170+116
EDGAR
Form D/A$51,875,000
$17,339,771+$17,339,771
54
EDGAR
Form D$51,875,000
$0
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 The James at Canyon Creek?
The James at Canyon Creek is a Historical offering. The last Form D, filed Sep 25, 2024, reports the offering fully sold.
What is the property behind this Trust?
The James at Canyon Creek, a luxury multifamily community at 850 Greenside Drive in Richardson, Texas, with one-, two-, and three-bedroom apartment homes. The listing record describes it as 93% leased at the time of the offering.
Why does a DST matter for a 1031 exchange?
A Delaware Statutory Trust holds real estate and issues beneficial interests that the IRS treats as direct property ownership for exchange purposes. That lets an investor selling an investment property identify a DST interest as replacement property within the 45-day identification window, without managing a building themselves.
Is a 721/UPREIT exit planned?
The record for this Trust shows no REIT conversion feature. A 721 or UPREIT exit is a structure in which DST interests are later contributed to a real estate investment trust's operating partnership in exchange for partnership units; nothing in the reviewed sources indicates that path here.
What was the minimum investment?
The Form D filings report a $250,000 minimum investment. The offering was made under a private-placement exemption that limits purchasers to accredited investors, meaning individuals meeting SEC income or net-worth thresholds.
What is not disclosed in the public filings?
Form D does not disclose debt terms, purchase price, projected distributions, or hold period. The loan amount, lender, and loan-to-value were not established in the sources reviewed, and no acquisition or title record was located. Those details would sit in the Trust's offering documents.

In the news

Sources

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These links support the record as a whole; individual details may come from different sources.

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.