Top1031

Self-Storage Portfolio XVIII DST

Self-storage property in Oak Brook, IL · sponsored by Inland Private Capital

HistoricalLast Form D, filed Dec 27, 2022, reports the offering fully sold (opens in a new tab)

Self-Storage Portfolio XVIII DST was a DST sponsored by Inland Private Capital that owned a self-storage property in Oak Brook, IL. Its last Form D, filed Dec 27, 2022, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Dec 27, 2022, 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
$28,529,651
Equity offered, per the Form D
Sold
100%
Form D, Dec 27, 2022; the % is our arithmetic
Investors reported
51
Form D, Dec 27, 2022
Selling commissions
$1,431,842 · 5.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
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: Self-Storage Portfolio XVIII DST. Top1031 is not a broker-dealer.

What did the Trust own?

The public record located for this Trust does not identify a building. Its Form D filings disclose an equity offering and a principal address at 2901 Butterfield Road in Oak Brook, Illinois — the sponsor's office, not an asset. 1 The self-storage classification comes from the Trust's name and Inland's storage program; the underlying properties, unit counts, and operator are not publicly documented.

Reported location
Oak Brook, IL

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

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
$1,431,842 · 5.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$2,464,139 · 8.6% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees, including Dealer Fee, Placement Agent Fee, O&O Expenses, Acquisition Fee and Reimbursement of Acquisition and Financing that may accrue to one or more related persons.”
Broker-dealers named in the Form D
17 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Sep 2, 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.

What does the SEC record show?

Three Form D notices — filings that claim a private-placement exemption rather than register an offering with the SEC — are the entire public record here: an original notice, then two amendments that logged subscription progress and finally reset the stated offering size. The issuer reported its first sale on September 2, 2022. 2

Legal Trust name
Self-Storage Portfolio XVIII DST
SEC CIK
1944088
First Form D
Aug 30, 2022
Latest Form D
Dec 27, 2022
Filings on record
3
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$28,529,651was $28,636,834
$28,529,651
51+1
EDGAR
Form D/A$28,636,834
$28,529,651+$28,529,651
50
EDGAR
Form D$28,636,834
$0
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 Self-Storage Portfolio XVIII DST?
Self-Storage Portfolio XVIII DST is a Historical offering. The last Form D, filed Dec 27, 2022, reports the offering fully sold.
What property does this Trust actually own?
That is not publicly established. The three Form D filings are notice filings about the securities offering, not property disclosures, and no source located names an address, a facility count, a unit count, or a storage operator for this Trust. Those facts would live in the Trust's offering documents.
Is there a mortgage on the portfolio?
Unknown from the public record. A Form D does not disclose loan terms, lender identity, or loan-to-value, and no filing or article located states whether this Trust used debt or was purchased all-cash. Leverage is recorded here as unknown rather than assumed either way.
Who is the sponsor, and how big is its 1031 platform?
Inland Private Capital Corporation, based at 2901 Butterfield Road in Oak Brook, Illinois. Top1031 tracks 71 offerings from Inland Private Capital, 8 of them currently raising, which places it among the larger repeat sponsors of 1031 exchange programs in the directory.
Could this Trust convert into a REIT through a 721 exchange?
The data on record shows no REIT conversion provision for this Trust. A 721 or UPREIT exit is a structure where the DST's property is contributed to a real estate investment trust's operating partnership in exchange for partnership units, ending the ability to do another 1031 exchange.

In the news

Sources

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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.