Starboard Harpers DST

in Conroe, TX · sponsored by Starboard Realty Advisors

Starboard Harpers DST, sponsored by Starboard Realty Advisors, filed its first Form D with the SEC on Oct 7, 2021 for a $19.3 million offering. Its last Form D, filed Dec 2, 2021, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Dec 2, 2021, reports the offering fully sold.

Starboard Realty Advisors has 2 active offerings on record →

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$19,250,000
Equity offered, per the Form D
Sold
100%
Form D, Dec 2, 2021; the % is our arithmetic
Investors reported
51
Form D, Dec 2, 2021
Selling commissions
$1,161,000 · 6.0% of offering
Form D Item 15; the % is our arithmetic
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 Starboard Harpers DST own?

Reported location
Conroe, TX

How was it financed, and what did it cost to sell?

Costs and terms from the Form D

Selling commissions
$1,161,000 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$2,602,267 · 13.5% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees, including the Due Diligence Allowance, Placement Agent Fee, Marketing Allowance, capitalization costs, acquisition fee, and offering and organizational expenses that may accrue to one or more Related Persons.”
Broker-dealers named in the Form D
4 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Sep 10, 2021
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
Starboard Harpers DST
SEC CIK
1886519
First Form D
Oct 7, 2021
Latest Form D
Dec 2, 2021
Filings on record
3
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 Starboard Harpers DST, newest first
FiledFormOffering amountAmount soldInvestorsFiling on SEC EDGAR
Form D/A$19,250,000was $19,350,000
$19,250,000+$1,054,069
51+4
EDGAR
Form D/A$19,350,000
$18,195,931+$10,749,131
47+32
EDGAR
Form D$19,350,000
$7,446,800
15
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 Starboard Harpers DST?
Starboard Harpers DST is a Historical offering. The last Form D, filed Dec 2, 2021, reports the offering fully sold.

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.