Top1031

Silvercrest at College View

Senior living property in Lenexa, KS · sponsored by Inland Private Capital

HistoricalLast Form D, filed Aug 17, 2022, reports the offering fully sold (opens in a new tab)

Silvercrest at College View was a DST sponsored by Inland Private Capital that owned a senior living property in Lenexa, KS (136 units). Its last Form D, filed Aug 17, 2022, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Aug 17, 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
$30,017,914
Equity offered, per the Form D
Sold
100%
Form D, Aug 17, 2022; the % is our arithmetic
Investors reported
54
Form D, Aug 17, 2022
Selling commissions
$2,371,416 · 7.9% of offering
Form D Item 15; the % is our arithmetic
Financing
Leveraged. This offering reports mortgage debt on the property.
How it is financed ↓
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 →

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Ask a 1031 specialist about this recordFree. About: Silvercrest at College View. Top1031 is not a broker-dealer.
Silvercrest at College View image

Silvercrest at College View · Lenexa, KS · Photo: seniorshousingbusiness.com

What did Silvercrest at College View own?

Kansas regulators list the facility under the trust's legal name, doing business as Silvercrest at College View, at 13600 West 110th Terrace in Lenexa, Johnson County, and classify it as an assisted living and residential health care facility. 1 The community offers independent living, assisted living and memory care. 5 A Kansas Health Care Association directory entry lists 75 assisted-living beds and 20 residential-health-care beds. 4

Reported location
Lenexa, KS
Property size
136 units

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

The Trust carries mortgage debt rather than owning the property free and clear. Seniors Housing Business reported on May 9, 2022 that Cushman & Wakefield arranged $24.6 million of acquisition financing for Silvercrest at College View, with Trustmark Bank providing the capital. 3 No trust-level debt balance or loan terms appear in the located public record.

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.

Costs and terms from the Form D

Selling commissions
$2,371,416 · 7.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,467,076 · 4.8% of offering
Form D Item 16
· The filing’s note: “Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs, and offering and organizational expenses that may accrue to one or more Related Persons.”
Broker-dealers named in the Form D
15 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
May 31, 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?

The issuer reported its first sale on May 31, 2022 and filed its initial Form D — the short SEC notice an issuer files for an exempt private placement — days later. 2 Five amendments followed, each updating reported sales progress, the last of them the final filing on record for this issuer. 6

Legal Trust name
Kansas City MSA Senior Living DST
SEC CIK
1930407
First Form D
Jun 10, 2022
Latest Form D
Aug 17, 2022
Filings on record
6
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$30,017,914
$30,017,914+$1,268,888
54+1
EDGAR
Form D/A$30,017,914
$28,749,026+$529,458
53+2
EDGAR
Form D/A$30,017,914
$28,219,568+$4,266,649
51+9
EDGAR
Form D/A$30,017,914
$23,952,919+$14,834,864
42+28
EDGAR
Form D/A$30,017,914
$9,118,055+$5,624,602
14+12
EDGAR
Form D$30,017,914
$3,493,453
2
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 Silvercrest at College View?
Silvercrest at College View is a Historical offering. The last Form D, filed Aug 17, 2022, reports the offering fully sold.
What exactly does the Trust own?
Silvercrest at College View, a senior living community at 13600 West 110th Terrace in Lenexa, Johnson County, Kansas, offering independent living, assisted living and memory care. No public offering document was located confirming whether the Trust holds any additional properties.
Who runs the community day to day?
Dial Senior Living's website presents Silvercrest at College View as one of its communities, and the Kansas Department for Aging and Disability Services directory lists Scott Jackson in the administrator/operator field, with a record change dated November 17, 2025. Senior housing is operated, not net-leased to a single corporate tenant, so income depends on occupancy and care revenue.
Was the property financed with debt?
Yes — this is a leveraged Trust. Seniors Housing Business reported on May 9, 2022 that Cushman & Wakefield arranged $24.6 million of acquisition financing for Silvercrest at College View, provided by Trustmark Bank. The Trust's own loan balance, rate and maturity are not disclosed in the located public record.
Has the Trust reported a sale or other exit?
No outcome has been reported. The Form D also indicates the Trust was not structured to convert to REIT shares through a 721/UPREIT exit, in which DST interests are contributed to a REIT's operating partnership.

In the news

Sources

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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.