Minimum investment
$100k
Offering size
$38.8M
How much has sold
100.0%
Asset type
Industrial (small bay / flex) property
Location
Not stated
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?
Lakefront Property and Belle Property – Orlando, FL combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
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?
- Property size
- Lakefront: 192,767 sf; Belle: 186,162 sf; Total: ~378,929 sf
How did it end?
No sale or other ending on record
No full cycle, sale, 721 UPREIT, or foreclosure announcement has been issued; NexPoint announced Small Bay II DST was fully subscribed on Feb 11, 2025 ($38.8M raised for the Lakefront and Belle flex-industrial properties in Orlando, FL) and the property detail page on nexpoint.com still describes it as an active offering.
Two-property Orlando-area flex/industrial portfolio acquired with Basis Industrial June 2024 for $25M; Lakefront (4 bldgs, 192,767 sf) + Belle (186,162 sf); ~$39M DST equity raise; fully subscribed February 11, 2025.
Lakefront: 192,767 sf; Belle: 186,162 sf; Total: ~378,929 sfSupporting evidence
Who's behind it?
- Sponsor
- NexPoint
- Legal Trust name
- NexPoint Small Bay II DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 17 total offerings from NexPoint
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 12
- 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 Lakefront Property and Belle Property – Orlando, FL?
Top1031 lists Lakefront Property and Belle Property – Orlando, FL as historical. It is no longer raising money.
Where does Top1031 get the data for Lakefront Property and Belle Property – Orlando, FL?
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.
Chapter 7NexPoint Fully Subscribes Second Small Bay Industrial DSTPR Newswire syndication of NexPoint's release announcing Small Bay II DST has reached its $38.8 million equity raise target since launch in July 2024. NexPoint Launches Small Bay II DSTSponsor announcement of NexPoint Small Bay II DST, a $39M Delaware Statutory Trust offering backed by two Orlando-area flex/industrial properties. Basis Industrial, NexPoint Acquire Orlando WarehousesBasis Industrial and NexPoint Real Estate Advisors acquire the Lakefront I and II multi-tenant industrial property in Orlando (6101, 6149, 6203, 6251 Chancellor Drive) for $25M.