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Home2 Suites by Hilton Phoenix Chandler

Hotel in Chandler, AZ · sponsored by Peachtree Group

HistoricalLast Form D, filed Feb 24, 2023, reports the offering fully sold (opens in a new tab)

Home2 Suites by Hilton Phoenix Chandler was a DST sponsored by Peachtree Group that owned a hotel in Chandler, AZ (126 keys). Its last Form D, filed Feb 24, 2023, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Feb 24, 2023, reports the offering fully sold.

Peachtree Group has 2 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$31,356,496
Equity offered, per the Form D
Sold
100%
Form D, Feb 24, 2023; the % is our arithmetic
Investors reported
50
Form D, Feb 24, 2023
Selling commissions
$1,881,390 · 6.0% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
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: Home2 Suites by Hilton Phoenix Chandler. Top1031 is not a broker-dealer.

What did the Trust own?

Peachtree Group formed this trust in 2022 around an extended-stay, Hilton-branded hotel in Chandler, Arizona, in the Phoenix metro. 1 Hilton lists the hotel at 2490 W. Queen Creek Rd. 2 Visit Chandler states that a full renovation of the property was completed in Fall 2024. 3 Neither a purchase price nor a closing date for the Trust's acquisition appears in the public record.

Reported location
Chandler, AZ
Property size
126 keys

How was it financed, and what did it cost to sell?

The Form D filings did not state any debt for this Trust. 5 Peachtree Group said on September 23, 2024 that its five DST acquisitions, including this hotel, totaled more than $150 million in debt-free real estate transactions — a portfolio-level statement, not a property-level figure. 6

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$1,881,390 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,915,903 · 6.1% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees and expenses, including Acquisition Fee, Managing Broker-Dealer Fee, Organization & Offering Expenses and Due Diligence Allowance that may accrue to one or more related persons.”
Broker-dealers named in the Form D
14 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Dec 14, 2022
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.

What does the SEC record show?

The Trust filed an initial Form D notice, then amended it twice to update sales progress. The filings report a first sale on December 14, 2022 and state the issuer did not intend the Offering to last more than one year. 5 It was offered under Rule 506(b) — no public advertising, with accredited investors reached through existing relationships.

Legal Trust name
PG Chandler DST
SEC CIK
1956889
First Form D
Dec 5, 2022
Latest Form D
Feb 24, 2023
Filings on record
3
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$31,356,496
$31,356,496+$13,552,959
50+27
EDGAR
Form D/A$31,356,496
$17,803,537+$17,803,537
23
EDGAR
Form D$31,356,496
$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 Home2 Suites by Hilton Phoenix Chandler?
Home2 Suites by Hilton Phoenix Chandler is a Historical offering. The last Form D, filed Feb 24, 2023, reports the offering fully sold.
Who is the tenant?
There isn't one. This is a hotel, not a net-leased building: an extended-stay Home2 Suites by Hilton in Chandler, Arizona. Income depends on nightly room revenue rather than rent under a lease, so it moves with occupancy and room rates. No franchise or hotel-management agreement terms for this Trust are in the public record.
Does this Trust carry a mortgage?
The Form D filings did not state a debt amount. Peachtree Group said on September 23, 2024 that its five DST acquisitions, including the Chandler hotel, together totaled more than $150 million in debt-free real estate transactions — that is a portfolio-level statement, not a property-level confirmation for this Trust. Verify the capital structure in the offering documents and closing documents.
Could this Trust roll into a REIT through a 721/UPREIT exit?
The record shows no REIT conversion path. A 721/UPREIT exit is where a DST's property is contributed to a REIT's operating partnership in exchange for OP units instead of cash; nothing in this Trust's data indicates that structure.

In the news

Sources

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These links support the record as a whole; individual details may come from different sources.

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.