Cove Eastwood Village Opportunity 71 DST
Multi-tenant retail in Birmingham, AL — sponsored by Cove Capital Investments
Files with the SEC as Eastwood Village Opportunity 71 DST
Minimum investment
$1k
Offering size
$22.8M
How much has sold
15.0%
Asset type
Multi-tenant retail
Location
Birmingham, AL
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Cove Eastwood Village Opportunity 71 DST combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
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.
What exactly is the property?
- Reported location
- Birmingham, AL
- Property size
- 130,056 sq ft
How did it end?
No sale or other ending on record
No full-cycle or disposition announcement has been issued; the offering remains listed on Cove Capital's website as 'fully subscribed' (multi-tenant retail center, Birmingham, AL, $22,798,024 raised as announced October 3, 2024) and is not included in Cove's published list of full-cycle events or its June 17, 2026 portfolio milestone press release; the February 6, 2024 $17.6M sale of an Eastwood Village retail center in Birmingham reported by Shopping Center Business was a separate, prior transaction between a Louisiana partnership and a different seller (not Cove).
Eastwood Village East, a 130,056 sq ft all-cash/debt-free, multi-tenant retail center in a dense and affluent submarket of Birmingham, AL, shadow-anchored by Walmart Supercenter. National tenants include Ross Dress for Less, Five Below, Office Depot, Michaels, Party City, Hibbett Sports, America's Best, T-Mobile and Starbucks. Reg D 506(c) offering targeting $22,798,024 raise, $25,000 minimum, all-cash/debt-free DST.
130,056 sq ftSupporting evidence
How is it financed, and what does it pay?
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
- Sponsor
- Cove Capital Investments
- Legal Trust name
- Eastwood Village Opportunity 71 DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 24 active / 57 total offerings from Cove Capital Investments
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- 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.
Common questions
What happened to Cove Eastwood Village Opportunity 71 DST?
Top1031 lists Cove Eastwood Village Opportunity 71 DST as historical. It is no longer raising money.
Where does Top1031 get the data for Cove Eastwood Village Opportunity 71 DST?
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.
Chapter 8Cove Capital Fully Subscribes Eastwood Village DST Offering in Birmingham, Ala.Trade-press article announcing Cove Capital fully subscribed the debt-free Eastwood Village Opportunity 71 DST in Birmingham, AL. (Drone Video Footage) Cove Capital Investments' Founding Partners Provide an in depth Look at the Firm's Eastwood Village Opportunity 71 DST in Birmingham, ALPress release featuring drone video and a detailed overview of the Eastwood Village Opportunity 71 DST by Cove Capital founders Dwight Kay and Chay Lapin. (Drone Video Footage) Cove Capital Investments' Founding Partners Provide an in depth Look at the Firm's Eastwood Village Opportunity 71 DST in Birmingham, ALSponsor blog version of the drone video in-depth look at the Cove Eastwood Village Opportunity 71 DST in Birmingham, AL. Cove Capital Acquires 130,056-Square-Foot Eastwood Village Retail Center in Birmingham, AlabamaTrade-press article reporting Cove Capital's acquisition of the 130,056-SF Eastwood Village retail center (acquired for $17.6M, 96% occupied, anchored by Ross, Five Below, Office Depot, Michaels, Party City and Starbucks) for the Eastwood Village Opportunity 71 DST targeting $22.8M in equity. Cove Capital Adds One of Alabama's Top Performing Multi-Tenant Retail Centers to Its Growing Debt-Free Delaware Statutory Trust Portfolio for 1031 Exchange InvestorsPress release profiling the addition of the Birmingham, AL multi-tenant retail center (Eastwood Village) anchored by Ross, Five Below, Office Depot, Michaels, Party City and Starbucks to Cove Capital's debt-free DST portfolio. Cove Capital Investments Acquires an All-Cash / Debt-Free Retail Center for Its Eastwood Village Opportunity 71 DSTPress release announcing Cove Capital's acquisition of Eastwood Village East, a 130,056 sq ft multi-tenant retail center in Birmingham, AL, shadow-anchored by Walmart, as a Reg D 506(c) DST targeting $22,798,024 raise. Cove Capital Investments Acquires an All-Cash / Debt-Free Retail Center for Its Eastwood Village Opportunity 71 DSTSponsor press archive entry (Jan 27, 2024) for the Eastwood Village Opportunity 71 DST acquisition announcement. Cove Eastwood Village Opportunity 71 DST (Eastwood Village, Birmingham, AL)Sponsor-site offering page describing the 130,056-SF debt-free multi-tenant retail center acquisition targeting $22.8M in equity.