KB Florida Wholesale Club, DST

in Pensacola, FL · sponsored by Kingsbarn Realty Capital

KB Florida Wholesale Club, DST, sponsored by Kingsbarn Realty Capital, filed its first Form D with the SEC on Sep 22, 2021 for a $29.8 million offering. Its last Form D was filed Dec 17, 2021.

How it ended

No outcome recorded · under 7 years

Last Form D filed Dec 17, 2021.

Kingsbarn Realty Capital has 10 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$29,850,000
Equity offered, per the Form D
Sold
26.9%
Form D, Dec 17, 2021; the % is our arithmetic
Investors reported
4
Form D, Dec 17, 2021
Selling commissions
$1,200,000 · 4.0% of offering
Form D Item 15; the % is our arithmetic
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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What did KB Florida Wholesale Club, DST own?

Reported location
Pensacola, FL

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

Costs and terms from the Form D

Selling commissions
$1,200,000 · 4.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,450,000 · 4.8% of offering
Form D Item 16
Broker-dealers named in the Form D
2 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Sep 10, 2021
Minimum investment
$100,000

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. The issuer marked these amounts as an estimate.

What does the SEC record show?

Legal Trust name
KB Florida Wholesale Club, DST
SEC CIK
1884045
First Form D
Sep 22, 2021
Latest Form D
Dec 17, 2021
Filings on record
3
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

SEC Form D filings, newest first

SEC Form D filings for KB Florida Wholesale Club, DST, newest first
FiledFormOffering amountAmount soldInvestorsFiling on SEC EDGAR
Form D/A$29,850,000
$8,049,404
4
EDGAR
Form D/A$29,850,000
$8,049,404
4
EDGAR
Form D$29,850,000
$8,049,404
4
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 Florida Wholesale Club, DST?
KB Florida Wholesale Club, DST is a Historical offering. Last Form D filed Dec 17, 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.