Self-Storage Portfolio XX DST
Self-storage — sponsored by Inland Private Capital
Minimum investment
$25k
Offering size
$26.8M
How much has sold
100.0%
Asset type
Self-storage
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?
Self-Storage Portfolio XX DST is a Delaware statutory trust — a passive co-ownership vehicle whose interests qualify for 1031 exchanges — sponsored by Inland Private Capital and organized in Delaware.1 It held self-storage assets, described in trade coverage as redevelopment-focused. The Trust sold interests to accredited investors under Rule 506(b), the private-placement rule that bars general advertising, and is now closed to new investors.
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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?
The SEC record identifies this Trust only as a self-storage program, and trade coverage describes the offering as redevelopment-focused rather than a single stabilized building. Individual property addresses, unit counts and the redevelopment scope were never published, so the number of facilities and the markets they sit in are not in the public record. The first sale of interests occurred on April 10, 2023.3
How did it end?
No ending on record
No public full-cycle, sale, 721 exchange, or disposition announcement was located for Self-Storage Portfolio XX DST (CIK 1972591); only original 2023 Form D filings appear on SEC EDGAR and the Oct 31, 2024 $37M Inland press release announced a new DST (Portfolio XXI), not an exit of XX.
Form D filings April 6, 2023 (original), July 12, 2023 amendment, and November 1, 2023 amendment by Self-Storage Portfolio XX DST (CIK 1972591). Sponsor: Inland Private Capital Corporation at 2901 Butterfield Road, Oak Brook, IL 60523. Article identifies the offering as a self-storage redevelopment-focused private fund. Individual property addresses, unit count and redevelopment scope were not published.
Supporting evidence
Who's behind it?
Inland Private Capital Corporation, based at 2901 Butterfield Road in Oak Brook, Illinois, sponsors this Trust and has been one of the more prolific 1031 exchange program sponsors by number of offerings brought to market.2 Keith D. Lampi, the sponsor's president and chief executive officer, signed the Trust's closing Form D amendment.3 AltsWire reported on November 6, 2024 that Inland Private Capital had completed the capital raise for this self-storage program.
- Sponsor
- Inland Private Capital
- Legal Trust name
- Self-Storage Portfolio XX 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?
The original Form D was filed before any investor money came in, and the two amendments that followed tracked the raise through to its close, each restating the same total offering amount. The final amendment also estimated roughly $2.18 million of fees payable to related persons, covering dealer and placement-agent, organizational and offering, acquisition, and financing reimbursement expenses.3
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 3
- 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 Self-Storage Portfolio XX DST?
Top1031 lists Self-Storage Portfolio XX DST as historical. It is no longer raising money.
Where does Top1031 get the data for Self-Storage Portfolio XX 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 Self-Storage Portfolio XX DST?
No. This Trust is Historical — closed to new investors. Its last Form D amendment was filed November 1, 2023, and no later filings appear under CIK 1972591 in the reviewed record. Investors seeking a current Inland Private Capital 1031 program would need to look at the sponsor's active offerings.
Which self-storage facilities does the Trust own, and where?
The public record does not say. Form D filings do not require property disclosure, and no exact-entity source located in research names the facilities, their cities, unit counts or square footage. Those details would be in the private placement memorandum (PPM), the offering document given to prospective investors.
What does Rule 506(b) mean for this offering?
Rule 506(b) is the private-placement exemption that lets an issuer raise money without registering with the SEC, provided it does not advertise generally and sells substantially only to accredited investors — people meeting SEC income or net-worth thresholds. In practice, investors typically reach a 506(b) deal through an existing relationship with the sponsor or a broker-dealer, not a public ad.
Is the Trust leveraged, and who is the lender?
Unknown from the public record. Form D does not disclose mortgage debt, loan-to-value or lender identity, and no exact-entity source located in research reports financing terms for this Trust. Whether the portfolio carries debt, and on what terms, would be set out in the PPM.
Could this Trust exit through a 721/UPREIT transaction?
The Top1031 record shows no REIT conversion feature for this Trust. A 721/UPREIT exit is a structure where DST investors contribute their property interest to a real estate investment trust's operating partnership in exchange for partnership units, deferring gain but ending 1031 eligibility going forward. Nothing in the reviewed record indicates that path here.
Has any sale or other outcome been reported for this Trust?
No outcome has been reported yet. Research located no exact-entity disposition, sale, 721 exchange, refinancing or default event for Self-Storage Portfolio XX DST. A 2024 Inland Private Capital monetization announcement concerned other sponsored programs and does not apply to this Trust.
Chapter 7Inland Private Capital Subscribes Self-Storage Redevelopment-Focused FundAltsWire reports Inland Private Capital completed a $37M+ capital raise for IPC Self-Storage Portfolio XX DST, a self-storage redevelopment-focused fund.