Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch)
Multifamily property in Bradenton, FL — sponsored by Inland Private Capital
Files with the SEC as Lakewood Ranch SFR II DST
Minimum investment
$25k
Offering size
$62.6M
How much has sold
100.0%
Asset type
Multifamily property
Location
Bradenton, FL
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Lakewood Ranch SFR II DST is a Delaware Statutory Trust — a passive co-ownership structure eligible for 1031 exchange treatment — sponsored by Inland Private Capital and holding Artesia at Lakewood Ranch, a rental community at 11120 Bennett Drive in Bradenton, Florida.2 It was offered privately under Rule 506(b) and is now closed to new investors; the final Form D amendment was filed September 28, 2023.1
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These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
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
Who is the tenant, and what's the lease?
This is a residential rental community, so there is no single corporate tenant: income comes from many individual residents on short leases that reprice often rather than from one long contract. Leasing and day-to-day management sit with Inland Residential Real Estate Services, LLC.3
How did it end?
No sale or other ending on record
Inland Investments' current Our Properties listing identifies Lakewood Ranch at 11120 Bennett Drive as a 215-unit multifamily asset, while RentCafe reports that Artesia at Lakewood Ranch's availability was updated today and lists 12 available units, supporting a still-operating result; the cited sources state no sale, UPREIT, foreclosure, or investor-return figures.
Inland Investments' properties page lists 'Lakewood Ranch, 11120 Bennett Drive, Bradenton, FL — Multifamily — Inland Private Capital Corporation.' The Artesia at Lakewood Ranch property at that address is a 320-unit built-to-rent (BTR) single-family rental community; the 'SFR II' designation implies this is Inland's second Lakewood Ranch BTR DST. White Securities Law notes a $62,589,462 offering size. SEC EDGAR shows first filing Oct 12, 2022 and latest filing Sep 28, 2023.
Single-family rental community; specific unit count not publicly confirmedSupporting evidence
How is it financed, and what does it pay?
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 private placement memorandum, the offering document given to accredited investors.
Who's behind it?
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
- Inland Private Capital
- Legal Trust name
- Lakewood Ranch SFR II DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 8 active / 79 total offerings from Inland Private Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
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.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 20
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
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.
Common questions
What happened to Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch)?
Top1031 lists Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch) as historical. It is no longer raising money.
Where does Top1031 get the data for Lakewood Ranch SFR II DST (Artesia at Lakewood Ranch)?
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.
Can I still invest in Lakewood Ranch SFR II DST?
No. This Trust is Historical — closed to new investors. Its last Form D amendment was filed September 28, 2023, and no later filing appears in the SEC record for CIK 1946340 as of August 25, 2026. Investors seeking a similar profile would need a currently raising offering.
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 private placement memorandum.
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 PPM.
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.
Has any sale, refinancing, or distress event been reported?
Research through August 25, 2026 located no public report of a property sale, refinancing, foreclosure, litigation, or other material event for this Trust, and no outcome has been reported for investors. Absence of public news is not evidence of performance either way; current owners should rely on sponsor investor reporting.
Chapter 9Inland Fully Subscribes $54 Million Build-to-Rent DSTInland Private Capital Corporation announcement referencing the Lakewood Ranch build-to-rent community in Bradenton, FL, indicating completion of the equity raise.