Minneapolis MSA Senior Living Portfolio
Senior living property — sponsored by Inland Private Capital
Files with the SEC as Minneapolis MSA Senior Living Portfolio DST
Minimum investment
$25k
Offering size
$76.8M
How much has sold
100.0%
Asset type
Senior living property
Location
Not stated
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Minneapolis MSA Senior Living Portfolio combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
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?
- Property size
- 3 communities; 321 total units
How did it end?
No sale or other ending on record
Equity raise closed July 17, 2024 ($76.7M); three Minneapolis-area senior living communities (321 units) remain part of Inland's ~$798.7M senior living portfolio with no sale, 721 UPREIT, or foreclosure announcement found.
$76.7M raise for a three-property Class-A senior living portfolio in the Minneapolis MSA totaling 321 units: The Waters of Edina (6300 Colonial Way, Edina, MN); The Waters on 50th (3500 W 50th St, Minneapolis, MN); and The Waters of Plymouth (11305 Hwy 55, Plymouth, MN). Fully subscribed and closed per July 25, 2024 announcement.
3 communities; 321 total unitsSupporting evidence
How is it financed, and what does it pay?
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
- Sponsor
- Inland Private Capital
- Legal Trust name
- Minneapolis MSA Senior Living Portfolio 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?
- 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
- 13
- 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 Minneapolis MSA Senior Living Portfolio?
Top1031 lists Minneapolis MSA Senior Living Portfolio as historical. It is no longer raising money.
Where does Top1031 get the data for Minneapolis MSA Senior Living Portfolio?
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.
Chapter 8Inland Fully Subscribes $76.7 Million Senior Living DSTSponsor release announcing the $76.7M Minneapolis MSA Senior Living Portfolio DST is fully subscribed and closed, comprising three Class-A senior living communities totaling 321 units: The Waters of Edina, The Waters on 50th, and The Waters of Plymouth. Inland Group Buys Trio in Twin CitiesTrade press article on the Inland affiliate's acquisition of three senior living communities in Minneapolis-St. Paul (The Waters of Edina, Plymouth, and on 50th), totaling 321 units. Financing secured for $95M sale of The Waters senior housing portfolioLocal business journal coverage of Inland-affiliate's $95M acquisition financing for The Waters senior housing portfolio (Edina, Plymouth, Minneapolis). Senior housing portfolio in Minneapolis-St. Paul financedPress release noting Inland Real Estate Group's affiliate secured acquisition financing for the $95M portfolio of The Waters of Edina, The Waters of Plymouth and The Waters on 50th (321 units).