GK DST - River Forest Grocery
GK DST - River Forest Grocery filed its first Form D with the SEC on Aug 23, 2021 for a $11.8 million offering. Its last Form D was filed Oct 11, 2023.
How it ended
Last Form D filed Oct 11, 2023.
Key facts
- Minimum investment
- $50,000From the Form D
- Offering size
- $11,831,040Equity offered, per the Form D
- Sold
- 72.2%Form D, Oct 11, 2023; the % is our arithmetic
- Investors reported
- Form D, Oct 11, 202321
- Selling commissions
- Form D Item 15; the % is our arithmetic$620,936 · 5.2% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.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: GK DST - River Forest Grocery. Top1031 is not a broker-dealer.GK DST - River Forest Grocery · River Forest, IL · Photo: gk-re.com
What did GK DST - River Forest Grocery own?
- Reported location
- River Forest, IL
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
- $620,936 · 5.2% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $490,874 · 4.1% of offeringForm D Item 16· The filing’s note: “the Sponsor is entitled to organization and offering expenses of $115,554 + acquisition fee of $215,570 + financing arrangement fee of $103,800 + real estate acquisition fee reimbursement of $55,950”
- Broker-dealers named in the Form D
- 8 named in the Form D
Show the firms
- Ausdal Financial Partners, Inc. · CRD 7995
- Cabin Securities, Inc. · CRD 137608
- Capulent LLC · CRD 155155
- Emerson Equity LLC · CRD 130032
- Great Point Capital LLC · CRD 114203
- Innovation Partners LLC · CRD 146344
- JCC Capital Markets, LLC · CRD 146776
- Realta Equities, Inc. · CRD 23769
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Nov 11, 2021
- Minimum investment
- $50,000
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
- GK DST - River Forest Grocery
- SEC CIK
- 1879224
- First Form D
- Aug 23, 2021
- Latest Form D
- Oct 11, 2023
- 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 | $11,831,040 | $8,553,422+$8,553,422 | 21 | EDGAR | |
| Form D | $11,831,040 | $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 GK DST - River Forest Grocery?
- GK DST - River Forest Grocery is a Historical offering. Last Form D filed Oct 11, 2023.
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.