Top1031

University Venture DST

sponsored by Inland Private Capital

HistoricalLast Form D, filed Aug 1, 2011, reports the offering fully sold (opens in a new tab)

University Venture DST, sponsored by Inland Private Capital, filed its first Form D with the SEC on Jan 5, 2011 for a $10.6 million offering. Its last Form D, filed Aug 1, 2011, reports the offering fully sold.

How it ended

No public outcome found

The last Form D, filed Aug 1, 2011, 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
$10,697,831
Equity offered, per the Form D
Sold
100%
Form D, Aug 1, 2011; the % is our arithmetic
Investors reported
41
Form D, Aug 1, 2011
Selling commissions
$748,848 · 6.9% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
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 →

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: University Venture DST. Top1031 is not a broker-dealer.

What did University Venture DST own?

University Venture DST is a Delaware statutory trust that sold beneficial interests in real estate to accredited investors — the fractional-ownership form commonly used as 1031 exchange replacement property. 1 Its first sale was reported as December 14, 2010. 3 The last of four Form D filings, dated August 1, 2011, reported the offering fully subscribed. It is Historical: closed to new investors, with no property named in the public record. 5

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

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$748,848 · 6.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$651,020 · 6.0% of offering
Form D Item 16
Broker-dealers named in the Form D
20 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Dec 14, 2010
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.

What does the SEC record show?

The trust filed an initial Form D — the short notice an issuer gives the SEC when selling securities privately — then three amendments that stepped the reported sales total upward until nothing remained to sell. 3 The exemption claimed in those filings permits sales only to accredited investors reached through existing relationships, with no public advertising.

Legal Trust name
University Venture DST
SEC CIK
1507993
First Form D
Jan 5, 2011
Latest Form D
Aug 1, 2011
Filings on record
4
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$10,697,831
$10,697,831+$5,788,271
41+13
EDGAR
Form D/A$10,697,831
$4,909,560+$3,152,400
28+14
EDGAR
Form D/A$10,697,831
$1,757,160+$751,184
14+8
EDGAR
Form D$10,697,831
$1,005,976
6
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 University Venture DST?
University Venture DST is a Historical offering. The last Form D, filed Aug 1, 2011, reports the offering fully sold.
What property does this Trust own?
Public filings do not say. The Form D and its amendments describe only beneficial interests in real estate and never name a property, location, or tenant. Anyone researching the Trust would need the offering documents or trust-level records to identify the asset.
Is this Trust set up to convert into a REIT?
The record shows no 721/UPREIT feature — the structure by which a DST's property is contributed to a REIT's operating partnership in exchange for units. Investors evaluating exit mechanics should read the Trust's governing documents directly.

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.