KB Village View
Office in Henderson, NV — sponsored by Kingsbarn Realty Capital
Files with the SEC as KB Village View, DST
Minimum investment
$333k
Offering size
$33.3M
How much has sold
None sold yet
Asset type
Office
Location
Henderson, NV
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?
KB Village View, DST is a Delaware statutory trust — a structure that lets 1031 exchange investors hold a fractional interest in real estate — sponsored by Kingsbarn Realty Capital and holding Class A medical and professional office space on Village View Drive in Henderson, Nevada. Clark County's assessor records a $53,500,000 sale in September 2022.2 One Form D is the only SEC filing on record.
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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?
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)
Who is the tenant, and what's the lease?
No single tenant is named anywhere in the public record; this is multi-tenant professional office space. A RealNex listing updated February 10, 2025 offered 2,433 square feet on a modified gross basis — the landlord absorbs some operating costs — which is evidence of space available then, not a portfolio occupancy rate.5
How did it end?
No ending on record
No public full-cycle or disposition announcement found for KB Village View, DST (3-building Henderson, NV office portfolio); the Kingsbarn Prior Performance PDF as of May 1, 2023 lists no disposition date, the Green Valley Corporate Center South buildings (2475/2495 Village View Dr) remain listed for lease, and no sale press release or AltsWire/DI Wire coverage naming the trust as full cycle was located.
Class A medical/professional office building; $53.5M DST acquisition by KB Exchange Trust (Kingsbarn Realty Capital sponsor). New construction shell at time of offering; located in Henderson NV near Green Valley Ranch Resort.
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)Supporting evidence
Who's behind it?
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
- Kingsbarn Realty Capital
- Legal Trust name
- KB Village View, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 10 active / 31 total offerings from Kingsbarn Realty Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
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.
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- 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 KB Village View?
Top1031 lists KB Village View as historical. It is no longer raising money.
Where does Top1031 get the data for KB Village View?
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.
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 private placement memorandum (PPM), the offering document a sponsor gives accredited investors.
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.
Has the property been sold?
No disposition has been reported. Kingsbarn's prior-performance table, stated as of May 1, 2023, leaves the disposition-date field blank for KB Village View, and research through August 26, 2026 surfaced no sale, refinancing, or distress event for the entity. No outcome has been reported yet.
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 PPM.
What does Rule 506(c) mean for an investor here?
Rule 506(c) is the private-placement exemption that lets a sponsor market an offering publicly, on the condition that every buyer is an accredited investor and the sponsor takes reasonable steps to verify it — typically tax returns, brokerage statements, or a letter from a CPA, attorney, or registered broker. Self-certification alone is not enough under 506(c), unlike the quieter 506(b) route.
Chapter 8KB Village View (Prior Performance Disclosure)Kingsbarn prior-performance brochure lists KB Village View at 2480 Village View Dr, Henderson NV ($53.5M acquisition price, ~19,800 sq ft medical/professional office).