Residence Inn Tampa Wesley Chapel
Hotel in Wesley Chapel, FL · sponsored by Peachtree Group
Residence Inn Tampa Wesley Chapel was a DST sponsored by Peachtree Group that owned a hotel in Wesley Chapel, FL. Its last Form D, filed Feb 28, 2025, reports the offering fully sold.
How it ended
No outcome recorded · under 7 years
The last Form D, filed Feb 28, 2025, reports the offering fully sold.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $34,034,270Equity offered, per the Form D
- Sold
- 100%Form D, Feb 28, 2025; the % is our arithmetic
- Investors reported
- Form D, Feb 28, 2025108
- Selling commissions
- Form D Item 15; the % is our arithmetic$2,042,056 · 5.9% of offering
- Financing
- All cash. This offering reports no mortgage debt.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
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: Residence Inn Tampa Wesley Chapel. Top1031 is not a broker-dealer.Residence Inn Tampa Wesley Chapel · Wesley Chapel, FL · Photo: cdn.prod.website-files.com
What did the Trust own?
The hotel opened on December 28, 2021 at the Wiregrass Ranch Sports Campus in Wesley Chapel, in the greater Tampa market. 1 Peachtree Group announced the purchase as already completed when it launched this Trust on September 23, 2024. 3 AltsWire reported the acquisition price at $21 million. 5 Marriott's site lists the property as an operating Residence Inn at 2867 Lajuana Boulevard. 2
- Reported location
- Wesley Chapel, FL
- Property size
- 128 guest suites (keys), 4-story, built 2021
How was it financed, and what did it cost to sell?
The Form D filings disclose no mortgage, lender, or loan terms, so property-level leverage is unresolved on the public record. 6 A secondary marketplace listing labels the offering as having no debt, a description no issuer filing confirms. 8
Debt
- Financing
- All cash. This offering reports no mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $2,042,056 · 5.9% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $1,986,671 · 5.8% of offeringForm D Item 16· The filing’s note: “Estimate of certain fees and expenses, including Acquisition Fee, Managing Broker-Dealer Fee, Organization and Offering Expenses and Due Diligence Allowance that may accrue to one or more related persons.”
- Broker-dealers named in the Form D
- 23 named in the Form D
Show the firms
- 1031 Securities Inc. · CRD 326590
- American Trust Investment Services, Inc. · CRD 3001
- Arkadios Capital · CRD 282710
- Aurora Securities · CRD 46147
- Berthel, Fisher & Company Financial Services, Inc. · CRD 13609
- Cabin Securities, Inc. · CRD 137608
- Calton & Associates, Inc. · CRD 20999
- Cambridge Investment Research, Inc. · CRD 39543
- Concorde Investment Services, LLC · CRD 151604
- DAI Securities, LLC · CRD 36673
- DFPG Investments, LLC · CRD 155576
- Great Point Capital LLC · CRD 114203
- McDermott Investment Services, LLC · CRD 154926
- Metric Financial, LLC · CRD 33324
- Metropolitan Capital Investment Banc, Inc. · CRD 148820
- Peachtree PC Investors, LLC · CRD 301004
- RCX Capital Group, LLC · CRD 114290
- RM Securities, LLC · CRD 323671
- Realized Financial, Inc. · CRD 22333
- Realta Equities, Inc. · CRD 23769
- Stonecrest Capital Markets, Inc. · CRD 39616
- Wealthforge Securities, LLC · CRD 152550
- World Equity Group, Inc. · CRD 29087
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Aug 14, 2024
- 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 the Trust?
Peachtree Group is an Atlanta-based hospitality investor and lender that files its offerings from 3500 Lenox Road NE. 9 The February 28, 2025 amendment names Peachtree Hotel Group II, LLC as sponsor, PG Wesley Chapel Depositor, LLC as depositor, and PG Wesley Chapel Manager, LLC as administrative trustee. 6 This was the firm's fifth hotel DST when it launched in September 2024. 5 AltsWire reported on May 1, 2025 that Peachtree had launched its eighth debt-free DST offering. 10
- Sponsor
- Offerings on record
What does the SEC record show?
Peachtree filed the initial Form D — the short notice an issuer gives the SEC for a private placement — weeks before the public launch, then amended it once to report the raise fully subscribed. 6 The Trust was offered under Rule 506(c), which permits public advertising but limits buyers to verified accredited investors.
- Legal Trust name
- PG Wesley Chapel DST
- SEC CIK
- 2033050
- First Form D
- Aug 8, 2024
- Latest Form D
- Feb 28, 2025
- Filings on record
- 2
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $34,034,270 | $34,034,270+$34,034,270 | 108 | EDGAR | |
| Form D | $34,034,270 | $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 Residence Inn Tampa Wesley Chapel?
- Residence Inn Tampa Wesley Chapel is a Historical offering. The last Form D, filed Feb 28, 2025, reports the offering fully sold.
- What does the Trust actually own?
- A single extended-stay hotel: the Residence Inn by Marriott Tampa Wesley Chapel at 2867 Lajuana Boulevard, Wesley Chapel, Florida 33543, next to the Wiregrass Ranch Sports Campus. The hotel opened on December 28, 2021. Peachtree announced the acquisition as complete on September 23, 2024, and AltsWire reported a $21 million price.
- Is the property financed with a mortgage?
- The public record does not settle it. Neither the August 8, 2024 Form D nor the February 28, 2025 amendment discloses financing terms, lender, or loan balance. A secondary marketplace listing describes the offering as having no debt, but that label is not corroborated by any issuer filing. The offering documents are where financing is set out.
- Who operates the hotel, and is there a lease?
- The hotel runs under Marriott's Residence Inn brand and takes bookings directly. Mainsail Lodging & Development was announced as manager in 2021. No public source reviewed establishes a master lease, lease term, or the operator agreement in force today under the Trust's ownership.
- What was the minimum investment?
- The February 28, 2025 Form D amendment reports a minimum investment of $100,000 from any outside investor.
- Could this convert into a REIT through a 721 exchange?
- Nothing in the record indicates it. A 721 or UPREIT exit swaps DST interests for units in a REIT's operating partnership; the filings for this Trust show no such conversion feature. Any exit mechanics would be described in the offering documents, and no sale or outcome for this Trust has been reported.
In the news
Sources
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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.