PB Lofts at the Village
Multifamily property in Mission Viejo, CA — sponsor not disclosed
Files with the SEC as PB Lofts at the Village, DST
Sponsor not disclosed
Minimum investment
$100k
Offering size
$10.0M
How much has sold
None sold yet
Asset type
Multifamily property
Location
Mission Viejo, CA
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
PB Lofts at the Village combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (6)Hide sources (6)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Mission Viejo, CA
- Property size
- $9,950,374 offering
How did it end?
No ending on record
PB Lofts at the Village, DST (Form D May 25, 2023; $9,950,374; related-party address 25611 Pacific Circle, Mission Viejo, CA 92692 / 949-357-9322) appears tied to The Lofts at the Village apartments at 3543 E Tecate Ln, Meridian, Idaho 83646 (built 2021, still actively leasing), but no public full-cycle, 721 UPREIT, foreclosure, or sale announcement by the DST was located in trade press, sponsor news, AltsWire, or CRE sale coverage.
Form D filed 2023-05-25 (Acc-no 000197888623000001). Industry: Commercial. Offering amount up to $9,950,374; $0 sold at filing (date of first sale yet to occur). Minimum investment $100,000. Brian Sconyers, President, same trustee setup as sibling PB 1205 West, DST (College Yard Investments context). Broker-dealer: Emerson Equity LLC (CRD 130032), 155 Bovet Road Suite 725, San Mateo, CA. $1,027,038 sales commissions and $517,000 managing broker-dealer fee disclosed. The 'Lofts at the Village' descriptor matches a Meridian, Idaho multifamily community at 3543 East Tecate Lane, but the DST's specific underlying property has not been confirmed from primary sources; identity not inferred.
$9,950,374 offeringSupporting evidence
Who's behind it?
- Sponsor
- Sponsor not disclosedThe filing does not identify a sponsor we can confirm.
- Legal Trust name
- PB Lofts at the Village, DST
- May convert to a REIT
- No
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
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.
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 Private Placement Memorandum before investing.
Common questions
What happened to PB Lofts at the Village?
Top1031 lists PB Lofts at the Village as historical. It is no longer raising money.
Where does Top1031 get the data for PB Lofts at the Village?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7PB Lofts at the Village DST: Investment InvestigationInvestigation page stating PB Lofts at the Village DST filed a Form D in 2023 seeking to raise $9,950,374 from investors.