Top1031

Silvercrest at College View

Senior living (independent living, assisted living and memory care) property in Lenexa, KS — sponsored by Inland Private Capital

Files with the SEC as Kansas City MSA Senior Living DST

Minimum investment
$25k
Offering size
$30.0M
How much has sold
100.0%
Asset type
Senior living (independent living, assisted living and memory care) property
Location
Lenexa, KS
Financing
Leveraged. This offering reports mortgage debt on the property.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

Silvercrest at College View is a senior living community in Lenexa, Kansas, held through a Delaware statutory trust — a structure whose beneficial interests can serve as replacement property in a 1031 exchange. Inland Private Capital sponsored it, and interests were offered under Rule 506(b), the private-placement exemption that bars general advertising.2 The Form D record ends in August 2022, and the Trust is 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.

Chapter 2

What exactly is the property?

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
Chapter 3

Who is the tenant, and what's the lease?

Senior living is an operating business rather than a single-tenant net lease, so the money comes from resident and care fees instead of one corporate tenant's rent. Dial Senior Living presents Silvercrest at College View among its communities.5 Kansas regulators list Scott Jackson in the administrator field, with a record change dated November 17, 2025.1

Chapter 4

How did it end?

What happened

No sale or other ending on record

On the latest dated public evidence, Kansas KDADS lists Kansas City MSA Senior Living DST under Silvercrest at College View with an administrator/operator change dated 2025-11-17 and survey posting dated 2026-02-16, while JRW lists the Kansas City MSA DST as Active, supporting a still-operating outcome.

CareAvailability lists the legal trust name at 13600 West 110th Terrace; Dial identifies the same address as Silvercrest at College View, and Seniors Housing Business reports a 136-unit acquisition-financing transaction. No public offering document was located confirming whether the trust owned additional properties or stating a subscription/closure status.

136 units
Supporting evidence
Chapter 5

How is it financed, and what does it pay?

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.

Financing
Leveraged. This offering reports mortgage debt on the property.
Chapter 7

What does the paperwork say?

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

  1. First Form D filedThe public offering record begins.
  2. Offering amount recordedA Form D amendment recorded offering and sales totals.
  3. Filing record updatedA later amendment updated the sponsor’s filing record.
  4. Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
Filings on record
6
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.

Chapter 8

Common questions

What happened to Silvercrest at College View?

Top1031 lists Silvercrest at College View as historical. It is no longer raising money.

Where does Top1031 get the data for Silvercrest at College View?

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. The Form D record for Kansas City MSA Senior Living DST ends with an amendment filed August 17, 2022, and the Trust is closed to new investors. It appears here as a historical record for research and comparison, not as an available offering.

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. Research through August 21, 2026 found no announcement of a sale, refinancing or other material event for this Trust, and the Form D record stops in August 2022. 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.

What does Rule 506(b) mean here?

Rule 506(b) is the private-placement exemption that lets an issuer sell securities without registering them, provided it does not advertise the offering publicly and sells principally to accredited investors — people meeting SEC income or net-worth thresholds. Terms, risks and fees for an offering like this live in its private placement memorandum (PPM), which is not a public document.

Chapter 9

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