Top1031

CX Station at Savannah Quarters, DST

in Pooler, GA · sponsored by Carter Exchange

Historical · soldSold May 2023, as reported by Carter Exchange · last Form D Apr 23, 2021Sponsor source (opens in a new tab)

CX Station at Savannah Quarters, DST, sponsored by Carter Exchange, filed its first Form D with the SEC on Dec 18, 2020 for a $21.1 million offering. Carter Exchange sold the property in May 2023, as reported by the sponsor.

How it ended

Sold, result reported by the sponsor

Sold May 2023.

Equity multiple
1.75× as reported by the sponsor
Date
May 24, 2023
Held
2.8 years

Sponsor document (opens in a new tab)

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$21,173,843
Equity offered, per the Form D
Sold
100%
Form D, Apr 23, 2021; the % is our arithmetic
Investors reported
69
Form D, Apr 23, 2021
Selling commissions
$1,958,581 · 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 →

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: CX Station at Savannah Quarters, DST. Top1031 is not a broker-dealer.

What did the Trust own?

Reported location
Pooler, GA

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

Costs and terms from the Form D

Selling commissions
$1,958,581 · 9.2% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,188,958 · 5.6% of offering
Form D Item 16
· The filing’s note: “Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs and offering and organizational expenses that may accrue to one or more Related Persons.”
Broker-dealers named in the Form D
17 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Dec 4, 2020
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 Station at Savannah Quarters, DST
SEC CIK
1831672
First Form D
Dec 18, 2020
Latest Form D
Apr 23, 2021
Filings on record
11
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$21,173,843
$21,173,843+$150,000
69+1
EDGAR
Form D/A$21,173,843
$21,023,843+$800,026
68+2
EDGAR
Form D/A$21,173,843
$20,223,817+$610,133
66+2
EDGAR
Form D/A$21,173,843
$19,613,684+$671,383
64+4
EDGAR
Form D/A$21,173,843
$18,942,301+$2,613,489
60+9
EDGAR
Form D/A$21,173,843
$16,328,812+$2,223,845
51+7
EDGAR
Form D/A$21,173,843
$14,104,967+$2,922,322
44+8
EDGAR
Form D/A$21,173,843
$11,182,645+$2,095,825
36+8
EDGAR
Form D/A$21,173,843
$9,086,820+$1,142,885
28+6
EDGAR
Form D/A$21,173,843
$7,943,935+$4,811,948
22+13
EDGAR
Form D$21,173,843
$3,131,987
9
EDGAR
Show all 11 SEC Form D filings

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 Station at Savannah Quarters, DST?
CX Station at Savannah Quarters, DST is a Historical offering. Sold May 2023, as reported by Carter Exchange.

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.