LSC-King City, DST
sponsored by Livingston Street Capital
LSC-King City, DST, sponsored by Livingston Street Capital, filed its first Form D with the SEC on Nov 5, 2020 for a $16.3 million offering. Its last Form D was filed Jan 25, 2021.
How it ended
Last Form D filed Jan 25, 2021.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $16,360,000Equity offered, per the Form D
- Sold
- 93.8%Form D, Jan 25, 2021; the % is our arithmetic
- Investors reported
- Form D, Jan 25, 202137
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,428,480 · 8.7% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.How it is financed ↓
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
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: LSC-King City, DST. Top1031 is not a broker-dealer.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
- $1,428,480 · 8.7% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $448,625 · 2.7% of offeringForm D Item 16· The filing’s note: “Estimate of certain fees and offering and organizational expenses that may accrue to one or more Related Persons.”
- Broker-dealers named in the Form D
- 9 named in the Form D
Show the firms
- Capulent LLC · CRD 155155
- DAI Securities, LLC · CRD 36673
- DFPG Investments, LLC · CRD 155576
- Emerson Equity LLC · CRD 130032
- Great Point Capital LLC · CRD 114203
- Growth Capital Services, Inc. · CRD 124658
- Orchard Securities, LLC · CRD 133378
- Realized Financial, Inc. · CRD 22333
- Wealthforge Securities, LLC · CRD 152550
Individual representatives named in Item 12 are not listed.
- 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.
Who's behind LSC-King City, DST?
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- LSC-King City, DST
- SEC CIK
- 1831334
- First Form D
- Nov 5, 2020
- Latest Form D
- Jan 25, 2021
- Filings on record
- 2
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $16,360,000 | $15,360,000+$15,360,000 | 37 | EDGAR | |
| Form D | $16,360,000 | $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 LSC-King City, DST?
- LSC-King City, DST is a Historical offering. Last Form D filed Jan 25, 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.