Silver Oaks Apartments
Multifamily property in Gonzales, LA — sponsored by Starboard Realty Advisors
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These links support the historical public record; individual details may come from different sources.
What is this, in one paragraph?
Silver Oaks Apartments is a Delaware statutory trust (DST) — fractional real estate ownership that qualifies for a 1031 exchange — sponsored by Starboard Realty Advisors and holding a Class A garden-style apartment community in Gonzales, Louisiana.4 Starboard reported acquiring the property on May 20, 2022.5
Minimum investment
$25k
Offering size
$49.8M
How much has sold
27.0%
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited 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?
Silver Oaks is a Class A, garden-style apartment community at 14496 Airline Highway in Gonzales, Louisiana, in Ascension Parish just south of Baton Rouge.6 Starboard Realty Advisors reported acquiring it on May 20, 2022, and said the community was completed in 2019 and 98.21% leased at purchase.5 The Advocate reported the seller was the Stoa Group, the price roughly $76.9 million, and dated the complex's opening to 2018.6
- Reported location
- Gonzales, LA
- Property size
- 336 units
Who is the tenant, and what's the lease?
Apartment income comes from many short-term resident leases rather than a single corporate tenant, so cash flow tracks occupancy and rents month to month. No trust-level master lease, tenant, or named property operator appears in the public record for this Trust.
How did it end?
No ending on record
Underlying property is Silver Oaks Apartments — a 336-unit, Class A, garden-style multifamily community completed in 2019, leased by Starboard Realty Advisors under the 'Silver Oaks DST' vehicle. Acquired by Starboard on May 20, 2022 from the Stoa Group (represented by Albert Elmore of Colliers International) at a reported $76.9M sale price. Located in Gonzales, LA just south of Baton Rouge in Ascension Parish. Amenities include resort-style pool, 24-hour fitness center, clubhouse, dog park, and gated entrance.
336 unitsCounted on Starboard Realty Advisors’s Record Card as: No outcome recorded · under 7 years
How is it financed, and what does it pay?
The Form D classifies the securities offered as equity.3 No mortgage, lender, or loan terms for this Trust appear in the public record, so whether the Trust carried debt cannot be established from filings.
Who's behind it?
Starboard Realty Advisors, whose CEO is William H. Winn, sponsored the Trust; the filing names Starboard Silver Oaks Depositor, LLC as depositor and Starboard Silver Oaks Manager, LLC as administrative trustee.2
- Sponsor
- Starboard Realty Advisors
- May convert to a REIT
- No
- Offerings from this sponsor
- 2 active / 6 total offerings from Starboard Realty Advisors
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The record holds an original notice and a single amendment that updated the Offering's reported progress.3 Interests were offered under Rule 506(b) — a private placement sold to accredited investors without general advertising — against a $49,750,000 total offering, with a first sale dated August 23, 2022 and a $25,000 minimum investment.3
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Legal Trust name
- Starboard Silver Oaks DST
- Filings on record
- 2
- How it may be offered
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- 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 Silver Oaks Apartments?
Silver Oaks Apartments is a Historical offering: its latest SEC filing is outside the Active window. The outcome and source documents are shown separately.
Where does Top1031 get the data for Silver Oaks Apartments?
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.
Can I still invest in Silver Oaks Apartments through this Trust?
The latest Form D notice in this record was filed December 30, 2022. A historical filing does not establish whether subscriptions are currently available. Confirm current availability with the sponsor or a licensed advisor.
Has a sale or investment return been verified?
We have not verified a sale date or investment returns for this Trust from a primary source. Top1031 withdrew its earlier full-cycle claim on September 8, 2026.
What did Starboard pay for the property?
The Advocate reported that Starboard Realty Advisors bought the 336-unit Silver Oaks complex from the Stoa Group in a deal that closed in May 2022 for approximately $76.9 million. Starboard's own announcement dated the acquisition May 20, 2022.
Was the Trust leveraged?
The public record does not say. The Form D reports equity securities only, and no mortgage, lender, or loan terms for Starboard Silver Oaks DST appear in the filings or in independent reporting. A prospective investor would have looked to the private placement memorandum (PPM), the offering's governing disclosure document, for the capital structure.
Who was the tenant?
There was no single corporate tenant. This is a multifamily community, so income came from individual apartment leases. Starboard reported the property was 98.21% leased when it was purchased in May 2022. No trust-level master lease or named property operator appears in the public record.
What was the minimum investment?
The Form D reports a $25,000 minimum outside investment, against a $49,750,000 total offering under Rule 506(b), which permits sales to accredited investors without general solicitation or advertising.
Chapter 9Starboard Buys Louisiana Multifamily Property, Sells California Retail PropertyTrade-press article confirming Starboard's purchase of the 336-unit Class A Silver Oaks multifamily property in Gonzales, LA. Starboard Realty Advisors acquires garden-style apartment community in Gonzales, LouisianaPress release announcing Starboard's May 20, 2022 acquisition of Silver Oaks, a 336-unit, Class A, garden-style apartment community in Gonzales, LA. Gonzales complex sells for $76.9 million; is one of bigger apartment deals in areaLocal newspaper reporting on the May 2022 sale of Silver Oaks Apartments to Starboard Realty Advisors for $76.9M, with the Stoa Group as seller and Albert Elmore of Colliers representing the seller.