Top1031

Hillsboro 1031 DST

sponsored by Inland Private Capital

HistoricalLast Form D, filed Aug 27, 2010, reports the offering fully sold (opens in a new tab)

Hillsboro 1031 DST, sponsored by Inland Private Capital, filed its first Form D with the SEC on Jan 28, 2010 for a $12.8 million offering. Its last Form D, filed Aug 27, 2010, reports the offering fully sold.

How it ended

Sold, result reported by the sponsor

The last Form D, filed Aug 27, 2010, reports the offering fully sold.

Inland Private Capital has 8 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$12,837,500
Equity offered, per the Form D
Sold
100%
Form D, Aug 27, 2010; the % is our arithmetic
Investors reported
96
Form D, Aug 27, 2010
Selling commissions
$898,625 · 7.0% 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: Hillsboro 1031 DST. Top1031 is not a broker-dealer.

What did Hillsboro 1031 DST own?

Public filings never say what this Trust owned. The Form D record names no property address, asset class, tenant, or acquisition details, and no sponsor press release or trade-press item was located that supplies them. The name points toward a Hillsboro — Oregon or Texas are the obvious candidates — but no public source confirms which, or whether the Trust held one building or several.

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

Costs and terms from the Form D

Selling commissions
$898,625 · 7.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,437,917 · 11.2% of offering
Form D Item 16
Broker-dealers named in the Form D
20 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jan 14, 2010
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?

A Form D/A identifies the vehicle as a Delaware statutory trust organized in 2009. 2 The initial Form D reported a first sale of interests on January 14, 2010. 4 Interests were sold as a private placement that bars general advertising, limited to accredited investors — those meeting SEC income or net-worth tests.

Legal Trust name
Hillsboro 1031 DST
SEC CIK
1482177
First Form D
Jan 28, 2010
Latest Form D
Aug 27, 2010
Filings on record
10
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$12,837,500
$12,837,500+$422,787
96+4
EDGAR
Form D/A$12,837,500
$12,414,713+$1,060,471
92+6
EDGAR
Form D/A$12,837,500
$11,354,242+$307,999
86+3
EDGAR
Form D/A$12,837,500
$11,046,243+$4,671,095
83+28
EDGAR
Form D/A$12,837,500
$6,375,148+$843,725
55+8
EDGAR
Form D/A$12,837,500
$5,531,423+$1,522,813
47+16
EDGAR
Form D/A$12,837,500
$4,008,610+$1,771,331
31+17
EDGAR
Form D/A$12,837,500
$2,237,279+$1,922,411
14+10
EDGAR
Form D/A$12,837,500
$314,868
4
EDGAR
Form D$12,837,500
$314,868
4
EDGAR
Show all 10 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 Hillsboro 1031 DST?
Hillsboro 1031 DST is a Historical offering. The last Form D, filed Aug 27, 2010, reports the offering fully sold.
What property did Hillsboro 1031 DST own?
Public sources do not say. The Form D and its amendments describe beneficial interests in a Delaware statutory trust holding real estate but never name an address, asset class, tenant, or purchase price, and no sponsor release or trade-press article identifying the property was located. The trust name suggests a Hillsboro location, in Oregon or Texas, but that is inference rather than record.
Was the Trust leveraged?
The public record does not say. Form D does not disclose mortgage debt, so no lender, loan balance, maturity, or loan-to-value ratio can be confirmed for this Trust from SEC filings. A buyer would have had to read the offering documents.
Was there a 721/UPREIT exit option?
The record shows no REIT conversion feature. A 721 or UPREIT exit lets a DST's property be contributed to a real estate investment trust's operating partnership in exchange for partnership units, deferring tax but ending 1031 eligibility for future exchanges. Nothing in this Trust's filings indicates that path was used.

Sources

Show sources (8)Hide sources (8)

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.