Top1031

RK Haven Pointe at Carolina Forest DST

in Myrtle Beach, SC · sponsored by Rance King Properties

HistoricalLast Form D filed Aug 10, 2022 (opens in a new tab)

RK Haven Pointe at Carolina Forest DST, sponsored by Rance King Properties, filed its first Form D with the SEC on Mar 10, 2021 for a $36.4 million offering. Its last Form D was filed Aug 10, 2022.

How it ended

No outcome recorded · under 7 years

Last Form D filed Aug 10, 2022.

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$36,430,744
Equity offered, per the Form D
Sold
$0
Form D, Aug 10, 2022
Investors reported
0
Form D, Aug 10, 2022
Selling commissions
$2,185,845 · 6.0% of offering
Form D Item 15; the % is our arithmetic
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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What did the Trust own?

Reported location
Myrtle Beach, SC

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
$2,185,845 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,907,500 · 5.2% of offering
Form D Item 16
Broker-dealers named in the Form D
25 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Mar 25, 2022
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.

What does the SEC record show?

Legal Trust name
RK Haven Pointe at Carolina Forest DST
SEC CIK
1850333
First Form D
Mar 10, 2021
Latest Form D
Aug 10, 2022
Filings on record
2
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 sold
Form D/A$36,430,744
$0
EDGAR
Form D$36,430,744
$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 RK Haven Pointe at Carolina Forest DST?
RK Haven Pointe at Carolina Forest DST is a Historical offering. Last Form D filed Aug 10, 2022.

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.