Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch)
Multifamily property in Bradenton, FL · sponsored by Inland Private Capital
Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch) was a DST sponsored by Inland Private Capital that owned a multifamily property in Bradenton, FL. Its last Form D, filed Sep 28, 2023, reports the offering fully sold.
How it ended
No outcome recorded · under 7 years
The last Form D, filed Sep 28, 2023, reports the offering fully sold.
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $62,589,462Equity offered, per the Form D
- Sold
- 100%Form D, Sep 28, 2023; the % is our arithmetic
- Investors reported
- Form D, Sep 28, 2023164
- Selling commissions
- Form D Item 15; the % is our arithmetic$5,570,462 · 8.8% of offering
- 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: Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch). Top1031 is not a broker-dealer.What did the Trust own?
Inland's own property record dates the acquisition of Artesia at Lakewood Ranch to September 7, 2022, at 11120 Bennett Drive in Bradenton, Florida. 2 The Trust's name — "SFR II" — marks it as Inland's second single-family-rental deal at Lakewood Ranch. The community's leasing site markets one- and two-bedroom floor plans and shows current availability. 4
- Reported location
- Bradenton, FL
- Property size
- Single-family rental community; specific unit count not publicly confirmed
How was it financed, and what did it cost to sell?
Neither the Form D filings nor publicly available sponsor materials disclose whether this Trust carries mortgage debt, who the lender is, or the loan terms; those would appear in the offering documents.
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
- $5,570,462 · 8.8% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $2,898,137 · 4.6% of offeringForm D Item 16· The filing’s note: “Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs, and offering and organizational expenses that may accrue to one or more Related Persons.”
- Broker-dealers named in the Form D
- 30 named in the Form D
Show the firms
- APW Capital, Inc. · CRD 43814
- American Portfolios Financial Services, Inc. · CRD 18487
- Arete Wealth Management, LLC · CRD 44856
- Arkadios Capital · CRD 282710
- Avantax Investment Services, Inc. · CRD 13686
- Berthel, Fisher & Company Financial Services, Inc. · CRD 13609
- Cabot Lodge Securities LLC · CRD 159712
- Cetera Advisors LLC · CRD 10299
- Cetera Wealth Services, LLC · CRD 13572
- Colorado Financial Service Corporation · CRD 104343
- Concorde Investment Services, LLC · CRD 151604
- DAI Securities, LLC · CRD 36673
- DFPG Investments, LLC · CRD 155576
- Emerson Equity LLC · CRD 130032
- Great Point Capital LLC · CRD 114203
- Invicta Capital LLC · CRD 288101
- JRL Capital Corporation · CRD 10225
- Lightpath Capital, Inc. · CRD 34617
- Osaic Wealth, Inc. · CRD 23131
- Purshe Kaplan Sterling Investments · CRD 35747
- Realized Financial, Inc. · CRD 22333
- Sagepoint Financial, Inc. · CRD 133763
- Securities America, Inc. · CRD 10205
- The Strategic Financial Alliance, Inc. · CRD 126514
- Titan Securities · CRD 131392
- Triad Advisors LLC · CRD 25803
- Vanderbilt Securities, LLC · CRD 5953
- Wealthforge Securities, LLC · CRD 152550
- Whitehall-Parker Securities, Inc. · CRD 10608
- Woodbury Financial Services, Inc. · CRD 421
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Sep 27, 2022
- 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.
Who's behind the Trust?
Inland Private Capital is one of the more prolific sponsors of 1031 exchange DSTs, with offerings spread across several property types. The filings name Inland Private Capital Corporation as sponsor, Lakewood Ranch SFR II Exchange, L.L.C. as signatory trustee, and Lakewood Ranch SFR II, L.L.C. as depositor. 1 An Inland release dated August 7, 2024 announced that a $54 million build-to-rent DST tied to the Lakewood Ranch community had been fully subscribed.
- Sponsor
- Offerings on record
What does the SEC record show?
Inland filed the initial Form D — the brief notice that an exempt private placement has begun — in late 2022, then amended it roughly every two weeks as subscriptions accumulated. The offering used Rule 506(b), which bars public advertising and limits sales to accredited investors reached through existing relationships.
- Legal Trust name
- Lakewood Ranch SFR II DST
- SEC CIK
- 1946340
- First Form D
- Oct 12, 2022
- Latest Form D
- Sep 28, 2023
- Filings on record
- 20
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $62,589,462 | $62,589,462+$385,718 | 164+1 | EDGAR | |
| Form D/A | $62,589,462 | $62,203,744+$18,124 | 163 | EDGAR | |
| Form D/A | $62,589,462 | $62,185,620+$1,751,559 | 163+5 | EDGAR | |
| Form D/A | $62,589,462 | $60,434,061+$2,528,072 | 158+3 | EDGAR | |
| Form D/A | $62,589,462 | $57,905,989+$355,493 | 155+3 | EDGAR | |
| Form D/A | $62,589,462 | $57,550,496+$2,553,835 | 152+11 | EDGAR | |
| Form D/A | $62,589,462 | $54,996,661+$5,797,428 | 141+12 | EDGAR | |
| Form D/A | $62,589,462 | $49,199,233+$2,153,737 | 129+11 | EDGAR | |
| Form D/A | $62,589,462 | $47,045,496+$1,737,672 | 118+6 | EDGAR | |
| Form D/A | $62,589,462 | $45,307,824+$4,264,400 | 112+9 | EDGAR | |
| Form D/A | $62,589,462 | $41,043,424+$3,676,174 | 103+12 | EDGAR | |
| Form D/A | $62,589,462 | $37,367,250+$7,020,389 | 91+16 | EDGAR | |
| Form D/A | $62,589,462 | $30,346,861+$4,763,221 | 75+14 | EDGAR | |
| Form D/A | $62,589,462 | $25,583,640+$5,143,345 | 61+18 | EDGAR | |
| Form D/A | $62,589,462 | $20,440,295+$4,468,572 | 43+8 | EDGAR | |
| Form D/A | $62,589,462 | $15,971,723+$1,331,693 | 35+5 | EDGAR | |
| Form D/A | $62,589,462 | $14,640,030+$8,694,407 | 30+15 | EDGAR | |
| Form D/A | $62,589,462 | $5,945,623+$2,216,031 | 15+5 | EDGAR | |
| Form D/A | $62,589,462 | $3,729,592+$3,538,865 | 10+8 | EDGAR | |
| Form D | $62,589,462 | $190,727 | 2 | EDGAR |
Show all 20 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 Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch)?
- Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch) is a Historical offering. The last Form D, filed Sep 28, 2023, reports the offering fully sold.
- What does the Trust actually own?
- Artesia at Lakewood Ranch, a rental community at 11120 Bennett Drive in Bradenton, Florida, in the Lakewood Ranch area east of Sarasota. Inland's property record lists an acquisition date of September 7, 2022, and the community is managed by Inland Residential Real Estate Services, LLC, an Inland affiliate.
- How many units are in the community?
- Public sources do not agree, so Top1031 does not state a unit count for this Trust. Inland's property record lists one figure while a secondary description of the same address lists a higher one. The exact unit count, and the property's exact legal description, are set out in the Trust's offering documents.
- Is a 721/UPREIT exit planned?
- Nothing in the public record indicates this Trust was structured to convert into REIT ownership — a 721/UPREIT exit, where the property is contributed to a REIT in exchange for operating partnership units instead of being sold for cash. Exit mechanics for any DST are governed by its trust agreement and offering documents.
- What was the offering's exemption, and what does it mean?
- Rule 506(b) of Regulation D. That exemption lets a sponsor raise unlimited capital from accredited investors without registering with the SEC, but it prohibits general solicitation or advertising — interests are offered only through pre-existing relationships, typically via broker-dealers and registered representatives.
In the news
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.