Top1031

Discount Retail Portfolio DST

Retail property · sponsored by Inland Private Capital

HistoricalLast Form D, filed Nov 4, 2011, reports the offering fully sold (opens in a new tab)

Discount Retail Portfolio DST was a DST sponsored by Inland Private Capital that owned a retail property. Its last Form D, filed Nov 4, 2011, reports the offering fully sold.

How it ended

No public outcome found

The last Form D, filed Nov 4, 2011, reports the offering fully sold.

Inland Private Capital has 8 active offerings on record →

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$10,500,000
Equity offered, per the Form D
Sold
100%
Form D, Nov 4, 2011; the % is our arithmetic
Investors reported
106
Form D, Nov 4, 2011
Selling commissions
$735,000 · 7.0% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no 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: Discount Retail Portfolio DST. Top1031 is not a broker-dealer.

What did Discount Retail Portfolio DST own?

Nothing in the public record identifies what this Trust actually bought. Its SEC filings describe a retail real estate offering but carry no property schedule, no addresses and no square footage, and no press release or filed exhibit naming the sites was located. A similarly named Inland trust, Family Discount Portfolio DST, is a separate offering, and its stores cannot be attributed to this one.

Tenant and lease terms are not in the SEC filings or cited sources.

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

Inland Private Capital structured this Trust without mortgage debt: no lender, no loan maturity, nothing to refinance — and equally no assumable loan for an exchanger who needs to replace borrowed dollars. That debt-free description comes from the offering record rather than from a filed debt schedule.

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$735,000 · 7.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$688,048 · 6.5% of offering
Form D Item 16
Broker-dealers named in the Form D
19 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Mar 16, 2011
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?

A Form D is the short notice an issuer files with the SEC for a private, exempt offering; the initial one here reported a first sale of interests on March 16, 2011. 3 Amendments followed through that autumn, each restating how much had been sold. Rule 506(b) means interests were offered privately, without public advertising.

Legal Trust name
Discount Retail Portfolio DST
SEC CIK
1515110
First Form D
Mar 24, 2011
Latest Form D
Nov 4, 2011
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$10,500,000
$10,500,000+$350,541
106+1
EDGAR
Form D/A$10,500,000
$10,149,459+$420,500
105+6
EDGAR
Form D/A$10,500,000
$9,728,959+$1,014,199
99+7
EDGAR
Form D/A$10,500,000
$8,714,760+$3,016,669
92+23
EDGAR
Form D/A$10,500,000
$5,698,091+$1,198,884
69+19
EDGAR
Form D/A$10,500,000
$4,499,207+$679,172
50+6
EDGAR
Form D/A$10,500,000
$3,820,035+$955,196
44+7
EDGAR
Form D/A$10,500,000
$2,864,839+$618,395
37+12
EDGAR
Form D/A$10,500,000
$2,246,444+$556,444
25+8
EDGAR
Form D/A$10,500,000
$1,690,000+$765,000
17+13
EDGAR
Form D$10,500,000
$925,000
4
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 Discount Retail Portfolio DST?
Discount Retail Portfolio DST is a Historical offering. The last Form D, filed Nov 4, 2011, reports the offering fully sold.
What properties does the Trust own?
The public record does not say. The Form D filings identify the issuer and the offering but include no property schedule, addresses, or tenant list, and no offering exhibit or press release naming the sites was located. A similarly named Inland offering, Family Discount Portfolio DST, is a different trust; its properties should not be assumed to be these.
Is there a mortgage on the properties?
The offering record describes the Trust as holding real estate without mortgage debt. That is a secondary descriptor rather than a filed debt schedule — no lender, loan amount, or maturity date appears anywhere in the SEC record for this Trust, so a buyer would need the offering documents to confirm it.

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.