Top1031

Cunat Exchange VI DST

Multifamily property · sponsored by Cunat

HistoricalLast Form D, filed Oct 10, 2023, reports the offering fully sold (opens in a new tab)

Cunat Exchange VI DST was a DST sponsored by Cunat that owned a multifamily property. Its last Form D, filed Oct 10, 2023, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Oct 10, 2023, reports the offering fully sold.

Cunat has 1 active offering on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$30,827,500
Equity offered, per the Form D
Sold
100%
Form D, Oct 10, 2023; the % is our arithmetic
Investors reported
67
Form D, Oct 10, 2023
Selling commissions
$1,849,650 · 6.0% 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: Cunat Exchange VI DST. Top1031 is not a broker-dealer.

What did Cunat Exchange VI DST own?

No located public record names the real estate behind this Trust. The Form D filings classify it as a multifamily offering but do not identify a property, address, or unit count, and no press release, launch article, or property marketing material was found. Cunat's earlier DSTs have targeted multifamily properties in Illinois towns including McHenry, Woodstock, and Harvard. The Trust itself was organized in Delaware in 2022. 1

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

Neither Form D filing states whether the Trust carries mortgage debt, and no lender has been identified in any located source. Whether investors hold a leveraged or all-cash position is therefore unresolved in the public record.

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
$1,849,650 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
Broker-dealers named in the Form D
10 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jan 27, 2023
Minimum investment
$100,000

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.

What does the SEC record show?

The Trust filed an initial Form D — the brief SEC notice for a private placement — and one later amendment that updated the sales figures. It was offered under Rule 506(b), which bars general advertising and reaches investors through existing relationships.

Legal Trust name
Cunat Exchange VI DST
SEC CIK
1963412
First Form D
Jan 24, 2023
Latest Form D
Oct 10, 2023
Filings on record
2
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$30,827,500
$30,827,500+$30,827,500
67
EDGAR
Form D$30,827,500
$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 Cunat Exchange VI DST?
Cunat Exchange VI DST is a Historical offering. The last Form D, filed Oct 10, 2023, reports the offering fully sold.
What property does Cunat Exchange VI DST actually own?
No located public source names it. The Form D filings identify the offering as multifamily but disclose no property name, address, or unit count, and no press release or marketing material naming the asset was found. Cunat's DSTs have historically held multifamily properties in Illinois — McHenry, Woodstock, and Harvard among them. An investor would need the offering documents to see the asset.
Who is behind Cunat?
Cunat, Inc. is a real estate firm headquartered at 5400 W. Elm Street, Suite 110, McHenry, Illinois. The Trust's October 10, 2023 Form D amendment names Brian Cunat and John Cunat as executive officers related to the issuer. Cunat has sponsored a numbered series of multifamily DSTs, Cunat Exchange I through VIII.
Has the Trust sold the property or reported an outcome?
No outcome is reported yet. No primary record was located establishing a sale, refinancing, foreclosure, or 721/UPREIT conversion — the exchange of DST interests for operating-partnership units in a REIT. The Trust's SEC file contains only the two Form D filings, and Form D carries no ongoing reporting obligation, so silence in EDGAR is not evidence either way.
Is the Trust leveraged?
Unknown from the public record. Form D does not require debt disclosure, and no located source names a lender or states a loan amount for this Trust. Leverage, loan maturity, and any lender-required reserves would be set out in the offering documents and the loan documents.

Sources

Show sources (4)Hide sources (4)

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.