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.
Documented outcome
Still operating, no exit yet
Inland Acquisitions purchased Summit Court Apartments (393-unit luxury multifamily, Union Township, NJ) for $131.5M on February 19, 2025 and the Union Multifamily DST equity raise closed April 16, 2026 ($83.6M); no full-cycle, 721 UPREIT, or foreclosure announcement has been issued.
Inland Buys NJ Community for $132MTrade-press coverage of The Inland Real Estate Group's $131.5M purchase of Summit Court, a 393-unit luxury multifamily property in Union, NJ, from Fidelco Realty Group and Diversified Properties.
Inland Acquires 393-Unit Luxury New Jersey Multifamily PropertySponsor press release announcing Inland Acquisitions' closing on the purchase of Summit Court, a 393-unit luxury multifamily property in Union Township, NJ, which became the underlying property of the Union Multifamily DST.
Summit Court Apartments is part of the researched historical archive. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Summit Court Apartments?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.