KB Village View
Office property in Henderson, NV · sponsored by Kingsbarn Realty Capital
KB Village View was a DST sponsored by Kingsbarn Realty Capital that owned an office property in Henderson, NV. Its last Form D was filed Oct 14, 2022.
How it ended
No outcome recorded · under 7 years
Last Form D filed Oct 14, 2022.
Kingsbarn Realty Capital has 10 active offerings on record →
Key facts
- Minimum investment
- $333,250From the Form D
- Offering size
- $33,325,000Equity offered, per the Form D
- Sold
- Not reported after the first Form D (Oct 14, 2022)Form D, Oct 14, 2022
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,333,000 · 4.0% 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 Village View. Top1031 is not a broker-dealer.KB Village View · Henderson, NV · Photo: sec.gov
What did KB Village View own?
The Trust holds Class A medical and professional office space on Village View Drive in Henderson, Nevada, near Green Valley Ranch Resort. Clark County's assessor lists K B Village View DST as owner of 2475 Village View Drive, with the land use recorded as professional and business offices. 1 The same record shows a recorded sale value of $53,500,000 in September 2022. 2 American Nevada Realty reported that it kept the management contracts after Kingsbarn acquired the three-building group. 4
- Property address
- 2475 Village View Drive; 2485 Village View Drive; 2495 Village View Drive, Henderson, NV
- Property size
- 3 Class A office properties: 44,526 square feet (2475 Village View Drive), 69,222 square feet (2485 Village View Drive), and 50,278 square feet (2495 Village View Drive)
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
- $1,333,000 · 4.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $2,540,000 · 7.6% of offeringForm D Item 16· The filing’s note: “KBEP will receive this amount for services provided in structuring the offering of the securities and acquisition of property associated therewith.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- MIT Associates, LLC · CRD 121171
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Not in the Form D
- Minimum investment
- $333,250
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 Village View?
Kingsbarn Realty Capital sponsors 1031 exchange offerings through its KB Exchange Trust platform; Jeffrey A. Pori signed this Trust's Form D as authorized representative. 7 REBusinessOnline reported on September 22, 2022 that Kingsbarn bought the six-building Green Valley Corporate Center in Henderson for $114.5 million, listing these three addresses among the six; that price was not allocated to this Trust. 6 The sponsor's prior-performance table dated May 1, 2023 shows no disposition date for KB Village View. 3
- Sponsor
- Offerings on record
What does the SEC record show?
One Form D sits on the record and no amendment has followed it, so the SEC file captures the offering as it stood at launch and nothing after. It was filed under Rule 506(c), the private-placement exemption that permits public advertising but requires the sponsor to verify that every investor is accredited.
- Legal Trust name
- KB Village View, DST
- SEC CIK
- 1946543
- First Form D
- Oct 14, 2022
- Latest Form D
- Oct 14, 2022
- 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 | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $33,325,000 | $0 | 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 Village View?
- KB Village View is a Historical offering. Last Form D filed Oct 14, 2022.
- What does KB Village View, DST own?
- Class A medical and professional office space on Village View Drive in Henderson, Nevada — 2475, 2485 and 2495 Village View Drive. Clark County's assessor directly confirms the trust as owner of 2475 Village View Drive, and Kingsbarn's own prior-performance material plus local property-management reporting support the three-building grouping. No retrieved deed or trust instrument confirms that 2485 and 2495 are titled in this trust, so treat the grouping as sponsor-reported rather than deed-verified.
- Who is the tenant, and what does the lease say?
- No named tenant, lease term, or whole-portfolio occupancy figure for this Trust appears in the public record. The buildings are professional office space with multiple users, and a leasing listing updated February 10, 2025 offered 2,433 square feet at the property on a modified gross lease — meaning the landlord carries some operating costs rather than the tenant carrying all of them. Rent rolls and lease terms would only appear in the offering documents.
- What was paid for the property?
- Clark County's assessor shows a recorded sale value of $53,500,000 in September 2022, tied to a document dated September 8, 2022. Kingsbarn's prior-performance table, stated as of May 1, 2023, also lists a $53,500,000 purchase price for KB Village View across three properties and 163,356 square feet. A separately reported $114.5 million purchase of the six-building Green Valley Corporate Center covers a larger portfolio and was not allocated to this Trust.
- How is the Trust financed?
- The public record does not say. A Form D discloses the size and terms of a securities offering, not the property's mortgage; no lender, loan amount, or leverage figure for this Trust surfaced in the SEC file or in research. Debt terms, if any, would be described in the offering documents.
In the news
Sources
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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.