Top1031

National Retail Portfolio II DST

sponsored by Inland Private Capital

HistoricalLast Form D, filed Jan 19, 2012, reports the offering fully sold (opens in a new tab)

National Retail Portfolio II DST, sponsored by Inland Private Capital, filed its first Form D with the SEC on Jul 21, 2011 for a $13.6 million offering. Its last Form D, filed Jan 19, 2012, reports the offering fully sold.

How it ended

No public outcome found

The last Form D, filed Jan 19, 2012, reports the offering fully sold.

Inland Private Capital has 8 active offerings on record →

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$13,680,717
Equity offered, per the Form D
Sold
100%
Form D, Jan 19, 2012; the % is our arithmetic
Investors reported
74
Form D, Jan 19, 2012
Selling commissions
$957,619 · 6.9% 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: National Retail Portfolio II DST. Top1031 is not a broker-dealer.

What did the Trust own?

National Retail Portfolio II DST is a Delaware statutory trust — a passive co-ownership vehicle whose interests can be used in a 1031 exchange — sponsored by Inland Private Capital and organized in Delaware in 2011. 1 Its offering ran through the second half of 2011 and closed to new investors with a final Form D amendment in January 2012. Public filings never name the retail properties behind the title. 6

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

Costs and terms from the Form D

Selling commissions
$957,619 · 6.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,388,759 · 10.1% of offering
Form D Item 16
Broker-dealers named in the Form D
28 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jul 8, 2011
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.

What does the SEC record show?

The Trust reported its first sale on July 8, 2011, then amended its Form D repeatedly through the rest of that year as subscriptions were reported. 4 A final amendment in January 2012 recorded the offering as fully subscribed. 5 It was offered under Rule 506(b), the private-placement exemption permitting sales to accredited investors without public advertising.

Legal Trust name
National Retail Portfolio II DST
SEC CIK
1525256
First Form D
Jul 21, 2011
Latest Form D
Jan 19, 2012
Filings on record
8
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$13,680,717
$13,680,717+$79,154
74
EDGAR
Form D/A$13,680,717
$13,601,563+$1,424,314
74+11
EDGAR
Form D/A$13,680,717
$12,177,249+$1,382,721
63+10
EDGAR
Form D/A$13,680,717
$10,794,528+$1,624,951
53+10
EDGAR
Form D/A$13,680,717
$9,169,577+$2,323,650
43+11
EDGAR
Form D/A$13,680,717
$6,845,927+$5,381,503
32+22
EDGAR
Form D/A$13,680,717
$1,464,424+$1,049,300
10+7
EDGAR
Form D$13,680,717
$415,124
3
EDGAR

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 National Retail Portfolio II DST?
National Retail Portfolio II DST is a Historical offering. The last Form D, filed Jan 19, 2012, reports the offering fully sold.
What property does this Trust own?
Public records located do not settle it. The name points to a retail portfolio, but no sponsor offering page, address, or square-footage record was found for this specific Trust — only SEC Form D filings. Anyone researching it should ask Inland Private Capital or a broker-dealer for the original offering documents.
Was the Trust leveraged?
Not determinable from public filings. Form D does not disclose property-level debt, and no offering document for this Trust was located. Leverage, loan terms and any lender identity would be stated in the offering documents and the closing loan documents.

Sources

Show sources (6)Hide sources (6)

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.