Hillsboro 1031 DST

Other property — sponsored by Inland Private Capital

Minimum investment
$100k
Offering size
$12.8M
How much has sold
100.0%
Asset type
Other property
Location
Not stated
Financing
Leveraged. This offering reports mortgage debt on the property.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

Hillsboro 1031 DST is a Delaware Statutory Trust — a passive co-ownership vehicle whose interests can serve as replacement property in a 1031 exchange — sponsored by Inland Private Capital. It sold interests to accredited investors through Form D filings during 2010 and is now closed to new investors. Public filings never identified the underlying property. The sponsor reports the asset was later sold after 8.4 years.5

On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.

Chapter 2

What exactly is the property?

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.

Chapter 3

How did it end?

What happened

Sold after 8.4 years; sponsor reported 1.34x

Listed as a completed/full-cycle program on Inland Private Capital's published track record.

Sponsored by Inland Private Capital Corporation (related entities Hillsboro Exchange, L.L.C. and Hillsboro 1031, L.L.C. listed on Form D, CIK 0001482177). Form D filings ran January 28, 2010 to August 27, 2010 with a $12,837,500 target offering. No publicly indexed sponsor press release, AltsWire article, or trade-press item was located that identifies the underlying property address, asset class, or acquisition details for this specific DST. The name suggests a property in or near Hillsboro (Oregon or Texas), but the specific property cannot be confirmed from public sources.

1.34×Equity multiple · as reported by the sponsor
133.8%Total return · as reported by the sponsor
4.0%Annualized return · as reported by the sponsor
$19,875,000Sale price · as reported by the sponsor
Chapter 5

What does the paperwork say?

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.

  1. First Form D filedThe public offering record begins.
  2. Offering amount recordedA Form D amendment recorded offering and sales totals.
  3. Filing record updatedA later amendment updated the sponsor’s filing record.
  4. Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
Filings on record
10
How it may be offered
Rule 506(b)Not advertised publicly. Offered through existing relationships.

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.

Chapter 6

Common questions

What happened to Hillsboro 1031 DST?

Top1031 lists Hillsboro 1031 DST as historical. It is no longer raising money.

Where does Top1031 get the data for Hillsboro 1031 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.

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.

Can I still invest in this Trust?

No. It is a Historical offering — closed to new investors. The last Form D/A on record was filed August 27, 2010, and it reported no amount remaining to be sold. Nothing further has been filed under this CIK since.

What happened to the investment?

According to sponsor-reported data recorded by Top1031, the investment sold after 8.4 years for $19,875,000, with a 133.8% total return and a 4.0% annualized return. Those figures come from the sponsor, are not independently audited, and are not confirmed by any SEC filing under this CIK.

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 Private Placement Memorandum, the offering document that carries the full financing terms.

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.