Top1031
Passco Little Rock DST
in Little Rock, AR · sponsored by Passco Companies
Historical · soldSold Nov 2022, as reported by Passco Companies · last Form D Jun 28, 2021Sponsor source (opens in a new tab)
Passco Little Rock DST, sponsored by Passco Companies, filed its first Form D with the SEC on Jun 28, 2021 for a $34.1 million offering. Passco Companies sold the property in Nov 2022, as reported by the sponsor.
How it ended
No outcome recorded · under 7 years
Sold Nov 2022.
- Date
- Nov 14, 2022
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $34,125,000Equity offered, per the Form D
- Sold
- $0Form D, Jun 28, 2021
- Investors reported
- Form D, Jun 28, 20213
- Selling commissions
- Form D Item 15; the % is our arithmetic$2,985,938 · 8.7% of offering
- 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: Passco Little Rock DST. Top1031 is not a broker-dealer.What did Passco Little Rock DST own?
- Reported location
- Little Rock, AR
How was it financed, and what did it cost to sell?
Costs and terms from the Form D
- Selling commissions
- $2,985,938 · 8.7% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $4,614,821 · 13.5% of offeringForm D Item 16· The filing’s note: “Passco Little Rock Depositor, LLC will be responsible for paying certain fees and costs in the amount of $4,419,821.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Passco Capital, Inc. · CRD 117323
Individual representatives named in Item 12 are not listed.
- Minimum investment
- $25,000
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 Passco Little Rock DST?
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- Passco Little Rock DST
- SEC CIK
- 1869682
- First Form D
- Jun 28, 2021
- Latest Form D
- Jun 28, 2021
- Filings on record
- 1
- 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 | $34,125,000 | $0 | 3 | 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 Passco Little Rock DST?
- Passco Little Rock DST is a Historical offering. Sold Nov 2022, as reported by Passco Companies.
In the news
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.