Haven North Andover (a.k.a. Princeton North Andover)
Multifamily (192-unit Class A luxury apartments) property in North Andover, MA — sponsored by JLL Exchange (JLLX)
Files with the SEC as JLLX North Andover Apartments, DST
Minimum investment
$75k
Offering size
$50.7M
How much has sold
91.0%
Asset type
Multifamily (192-unit Class A luxury apartments) property
Location
North Andover, MA
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Haven North Andover (a.k.a. Princeton North Andover) combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
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.
What exactly is the property?
- Reported location
- North Andover, MA
- Property size
- 192 units
How did it end?
No ending on record
No full-cycle, sale, or 721 UPREIT press release found naming the JLLX North Andover Apartments, DST; a Yelp review states 'These high end apartments were sold and are under new management' referring to Haven North Andover / Princeton North Andover, but no trade-press or sponsor confirmation of a disposition was located.
JLLX North Andover Apartments, DST was the multifamily component of JLLX Diversified V, DST ($100M, fully subscribed Nov 18, 2024). The underlying property is Haven North Andover (formerly Princeton North Andover), a 192-unit Class A luxury apartment community at 1252 Osgood St, North Andover, MA, built 2019, acquired by JLLIPT in May 2021 for $72.5M.
192 unitsSupporting evidence
Who's behind it?
- Sponsor
- JLL Exchange (JLLX)
- Legal Trust name
- JLLX North Andover Apartments, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 20 total offerings from JLL Exchange (JLLX)
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- 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
- 11
- 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 Haven North Andover (a.k.a. Princeton North Andover)?
Top1031 lists Haven North Andover (a.k.a. Princeton North Andover) as historical. It is no longer raising money.
Where does Top1031 get the data for Haven North Andover (a.k.a. Princeton North Andover)?
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.
Chapter 7JLL Income Property Trust Fully Subscribes $100 Million Diversified DSTTrade-press coverage of JLLX Diversified V, DST $100M fully subscribed; portfolio detail matches Haven North Andover (192 units) and two industrial facilities. JLL Income Property Trust acquires luxury apartment community in suburban BostonPress release covering JLLIPT's $72.5M purchase of the 192-unit Princeton North Andover (later rebranded Haven North Andover) Class A luxury community. JLL Property REIT Adds Suburban Boston Apartments to its PortfolioTrade-press coverage of the Princeton North Andover acquisition, including price-per-unit (~$378K) and property description. JLL IPT Snags North Andover Apartments for $73MConnect CRE coverage of JLL Income Property Trust's $72.5M acquisition of the 192-unit Princeton North Andover luxury apartment community.