Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
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
Show sources (5)Hide sources (5)
These links support the historical public record; individual details may come from different sources.
- U.S. Securities and Exchange Commission — Form D/A (0001507993-11-000004) ↗
- U.S. Securities and Exchange Commission — Form D/A (0001507993-11-000004) ↗
- U.S. Securities and Exchange Commission — Form D (0001507993-11-000001) ↗
- U.S. Securities and Exchange Commission — EDGAR submissions record, CIK 0001507993 ↗
- U.S. Securities and Exchange Commission — Form D/A (0001507993-11-000004) ↗
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
How did it end?
No ending on record
Per Inland's Aug 14, 2024 announcement, Inland Private Capital Corporation delivered a 1.48x equity multiple to DST investors with the sale of Uptown Square, an off-campus student housing property serving Texas State University in San Marcos, TX (316 units); the article did not explicitly name University Venture DST, so the match is on property/strategy.
Who's behind it?
The Form D amendment names Inland Private Capital Corporation, together with two affiliated entities, University Venture, L.L.C. and University Exchange Venture, L.L.C., as promoters of the trust.2 Inland Private Capital remains an active 1031 sponsor with other offerings still raising today. Nothing further has been filed for this particular trust since 2011, and no sale, refinancing, or other outcome for it appears in the SEC record.4
- Sponsor
- Inland Private Capital
- Legal Trust name
- University Venture 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 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.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 4
- 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 University Venture DST?
Top1031 lists University Venture DST as historical. It is no longer raising money.
Where does Top1031 get the data for University Venture 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 University Venture DST?
No. This Trust is Historical — closed to new investors. Its final Form D amendment, filed August 1, 2011, reported the offering fully subscribed, and no later filing appears in the SEC record for the entity.
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 Private Placement Memorandum or trust-level records to identify the asset.
What does 506(b) mean for this offering?
Rule 506(b) is a private-placement exemption that lets an issuer sell without registering with the SEC, provided it does not advertise publicly and sells substantially to accredited investors — people who meet SEC income or net-worth thresholds.
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.
What happened to the Trust after 2011?
No outcome is reported in the public record. The SEC submissions record for the entity lists four filings, all from 2011, and shows August 1, 2011 as the latest filing date.[4] Any sale or wind-up would not necessarily appear in Form D filings.