RR HV VENTURE HOLDINGS DST
Other property — sponsored by Inland Private Capital
Minimum investment
$100k
Offering size
$47.1M
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.
What is this, in one paragraph?
RR HV Venture Holdings DST was a Delaware statutory trust — a structure that lets 1031 exchangers hold fractional interests in real estate — sponsored by Inland Private Capital and formed in 2008.1 It owned two office buildings occupied by Bank of America, in Rio Rancho, New Mexico and Hunt Valley, Maryland.2 Both were sold in 2019, and the Trust is closed to new investors.2
Show sources (3)Hide sources (3)
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?
The Trust held two office buildings occupied by Bank of America, one in New Mexico and one in Maryland.2 Inland bought the Rio Rancho property in 2008.2 That building, at 4330 Picabo Street NE, measured 76,768 square feet, against 377,332 square feet for 11333 McCormick Road in Hunt Valley, Maryland.3 The Rio Rancho office was single-story and built in 1998.
Who is the tenant, and what's the lease?
Bank of America occupied both buildings, so the Trust's rent depended on one tenant credit across two markets.2 Its Rio Rancho lease was extended in 2018 ahead of the program's liquidity event.2 Lease term, structure and occupancy for either property are not settled in the reviewed public record.
How did it end?
Sold after 11.0 years; sponsor reported 177% total return
An Inland Private Capital press release (Oct 3, 2019) announces the full-cycle sale of the Bank of America office building in Hunt Valley, Baltimore for $99.3 million, delivering a 177.25% total return and 7.06% average annualized return; Baker 1031 confirms the trust was 'acquired, held, and sold (realized)' over 11.1 years.
177.3%Total return · as reported by the sponsor
7.1%Annualized return · as reported by the sponsor
$99,300,000Sale price · as reported by the sponsor
Supporting evidence
How is it financed, and what does it pay?
Neither the Form D filings nor the reviewed reporting names a lender or describes loan terms for either property, so whether the Trust used mortgage debt — and on what terms — is not established by public sources.
Who's behind it?
The Form D lists Inland Real Estate Exchange Corporation, together with RR-HV Exchange Venture, L.L.C. and RR-HV 1031 Venture, L.L.C., as sponsors and promoters of the Trust.1 Inland Private Capital took the program full cycle in 2019, selling the Hunt Valley office for $99.3 million in October and the Rio Rancho office for $9 million in November.2 A trust-specific full-cycle page describes an 11.1-year span from acquisition to sale.3
- Sponsor
- Inland Private Capital
- Legal Trust name
- RR HV VENTURE HOLDINGS 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?
Successive amendments tracked the raise across 2009 and 2010, each reporting a higher amount sold against an unchanged offering total. The Trust was sold privately to accredited investors — people meeting SEC income or net-worth tests — without general advertising. The Form D reports a first sale on October 31, 2008, before the earliest filing on record.1
- 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
- 10
- 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 RR HV VENTURE HOLDINGS DST?
Top1031 lists RR HV VENTURE HOLDINGS DST as historical. It is no longer raising money.
Where does Top1031 get the data for RR HV VENTURE HOLDINGS 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.
Can I still invest in this Trust?
No. RR HV Venture Holdings DST is Historical — closed to new investors. Its last Form D amendment was filed November 3, 2010, and the two properties it held were sold in 2019.
What did the Trust own, and what happened to the properties?
It held two office buildings occupied by Bank of America: one in Rio Rancho, New Mexico, and a much larger one at 11333 McCormick Road in Hunt Valley, Maryland. AltsWire reported that Inland sold Hunt Valley for $99.3 million and Rio Rancho for $9 million in 2019, totaling $108.3 million and completing a full liquidity event for the program.
Did investors get a reported outcome?
Yes. AltsWire reported a 208.45 percent total investor return and a 9.76 percent average annualized return from the Rio Rancho sale, and a trust-specific full-cycle page reports a 177.25 percent total return and 7.06 percent average annualized return for Hunt Valley. Both are sponsor-reported results for completed sales, not projections.
Was the Trust leveraged?
Public sources reviewed do not identify a lender, loan balance, interest rate, maturity or loan-to-value for either property. Form D filings do not report debt terms, so leverage for this Trust cannot be established from the public record.
What does the Form D record actually tell me?
It records the issuer as a Delaware statutory trust formed in 2008, a first sale on October 31, 2008, a $100,000 minimum investment, and a series of amendments through November 3, 2010 that tracked the raise against a fixed offering total. It says nothing about the properties, tenant or debt.
Why is a fully sold, fully cycled Trust still listed here?
Because closed offerings are part of a sponsor's public record. Inland Private Capital's handling of this pre-recession office program — a decade-plus hold through the financial crisis, ending in 2019 sales — is documented in SEC filings and trade press that a reader can check directly.
Chapter 9Sponsored: Inland Private Capital Weathers Economic Challenges to Provide Profits to Investors with Sale of Two Pre-Recession Office HoldingsSponsored article announcing the 2019 disposition of the two Bank of America office properties in Rio Rancho, NM and Hunt Valley, MD held by Inland Private Capital's RR-HV Venture Holdings DST program, citing a combined ~208% total return to investors. Inland Private Capital Sells Albuquerque Office BuildingInland Private Capital sold its leasehold interest in the 76,768-square-foot Rio Rancho, NM office at 4330 Picabo St NE for $9 million to an undisclosed buyer, capping a decade-long hold. Inland Private Capital Sells Largest Pre-Recession Office HoldingRegional commercial real estate trade publication coverage of the sale of the Hunt Valley Bank of America office. Bank of America's Hunt Valley office sells for $99.3 millionLocal reporting on Inland Private Capital's $99.3 million disposition of the 377,332-square-foot Bank of America office at 11333 McCormick Rd in Hunt Valley, MD. Large Corporate Office Space Offered for Sale in Rio RanchoListing profile for the 76,768-square-foot Bank of America office at 4330 Picabo Street NE in Rio Rancho, NM (single-story, built 1998).