KB Brooklyn Park, DST
in Brooklyn Park, MN · sponsored by Kingsbarn Realty Capital
KB Brooklyn Park, DST, sponsored by Kingsbarn Realty Capital, filed its first Form D with the SEC on Nov 19, 2021 for a $21 million offering. Its last Form D was filed Nov 19, 2021.
How it ended
Last Form D filed Nov 19, 2021.
Kingsbarn Realty Capital has 10 active offerings on record →
Key facts
- Minimum investment
- $210,000From the Form D
- Offering size
- $21,000,000Equity offered, per the Form D
- Sold
- 98.9%Form D, Nov 19, 2021; the % is our arithmetic
- Investors reported
- Form D, Nov 19, 202116
- Selling commissions
- Form D Item 15; the % is our arithmetic$0 · 0.0% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
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 →
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Ask a 1031 specialist about this recordFree. About: KB Brooklyn Park, DST. Top1031 is not a broker-dealer.What did KB Brooklyn Park, DST own?
- Reported location
- Brooklyn Park, MN
How was it financed, and what did it cost to sell?
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $0 · 0.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $1,690,000 · 8.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- None named in the Form D
- Date of first sale
- Nov 9, 2021
- Minimum investment
- $210,000
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.
Who's behind KB Brooklyn Park, DST?
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- KB Brooklyn Park, DST
- SEC CIK
- 1894161
- First Form D
- Nov 19, 2021
- Latest Form D
- Nov 19, 2021
- Filings on record
- 1
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $21,000,000 | $20,785,136 | 16 | 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 KB Brooklyn Park, DST?
- KB Brooklyn Park, DST is a Historical offering. Last Form D filed Nov 19, 2021.
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.