RK Pointe at East Shore DST

in Apopka, FL · sponsored by Rance King Properties

RK Pointe at East Shore DST, sponsored by Rance King Properties, filed its first Form D with the SEC on Dec 27, 2021 for a $55.4 million offering. Its last Form D was filed Dec 27, 2021.

How it ended

No outcome recorded · under 7 years

Last Form D filed Dec 27, 2021.

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$55,470,000
Equity offered, per the Form D
Sold
$0
Form D, Dec 27, 2021
Investors reported
0
Form D, Dec 27, 2021
Selling commissions
$3,328,200 · 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 RK Pointe at East Shore DST own?

Reported location
Apopka, FL

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
$3,328,200 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$3,018,750 · 5.4% of offering
Form D Item 16
Broker-dealers named in the Form D
33 named in the Form D
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.

What does the SEC record show?

Legal Trust name
RK Pointe at East Shore DST
SEC CIK
1901517
First Form D
Dec 27, 2021
Latest Form D
Dec 27, 2021
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

SEC Form D filings, newest first

SEC Form D filings for RK Pointe at East Shore DST, newest first
FiledFormOffering amountAmount soldFiling on SEC EDGAR
Form D$55,470,000
$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 Pointe at East Shore DST?
RK Pointe at East Shore DST is a Historical offering. Last Form D filed Dec 27, 2021.

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.