CX Ravella at Town Center DST

in Jacksonville, FL · sponsored by Carter Exchange

Historical · soldSold May 2023 · last Form D Apr 21, 2022altswire.com (opens in a new tab)

CX Ravella at Town Center DST, sponsored by Carter Exchange, filed its first Form D with the SEC on Apr 21, 2022 for a $51.7 million offering. Sold May 2023.

How it ended

Sold, no result reported

Sold May 2023.

Date
May 24, 2023

Source: cited report (opens in a new tab)

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$51,727,000
Equity offered, per the Form D
Sold
$0
Form D, Apr 21, 2022
Investors reported
0
Form D, Apr 21, 2022
Selling commissions
$4,784,748 · 9.2% of offering
Form D Item 15; the % is our arithmetic
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 →

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Ask a 1031 specialist about this recordFree. About: CX Ravella at Town Center DST. Top1031 is not a broker-dealer.

What did CX Ravella at Town Center DST own?

Reported location
Jacksonville, FL

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

Costs and terms from the Form D

Selling commissions
$4,784,748 · 9.2% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$9,623,148 · 18.6% of offering
Form D Item 16
· The filing’s note: “CX Ravella at Town Center Depositor, LLC will be responsible for paying certain fees and costs of approximately $7,081,818.”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Minimum investment
$25,000

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?

Legal Trust name
CX Ravella at Town Center DST
SEC CIK
1924977
First Form D
Apr 21, 2022
Latest Form D
Apr 21, 2022
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

SEC Form D filings, newest first

SEC Form D filings for CX Ravella at Town Center DST, newest first
FiledFormOffering amountAmount soldFiling on SEC EDGAR
Form D$51,727,000
$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 CX Ravella at Town Center DST?
CX Ravella at Town Center DST is a Historical offering. Sold May 2023.

In the news

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.