Starboard Mesa Ridge DST
in Fountain, CO · sponsored by Starboard Realty Advisors
Starboard Mesa Ridge DST, sponsored by Starboard Realty Advisors, filed its first Form D with the SEC on Apr 26, 2021 for a $6.8 million offering. Sold.
How it ended
Sold.
- Held
- 7.4 years
Source: cited report (opens in a new tab)
Starboard Realty Advisors has 2 active offerings on record →
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $6,850,000Equity offered, per the Form D
- Sold
- 100%Form D, Apr 26, 2021; the % is our arithmetic
- Investors reported
- Form D, Apr 26, 202125
- Selling commissions
- Form D Item 15; the % is our arithmetic$411,000 · 6.0% of offering
- 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 →
Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.
Ask a 1031 specialist about this recordFree. About: Starboard Mesa Ridge DST. Top1031 is not a broker-dealer.What did Starboard Mesa Ridge DST own?
- Reported location
- Fountain, CO
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
- $411,000 · 6.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $473,397 · 6.9% of offeringForm D Item 16· The filing’s note: “Estimate of certain fees, including the Due Diligence Allowance, Placement Agent Fee, Marketing Allowance, and offering and organizational expenses that may accrue to one or more Related Persons.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Orchard Securities, LLC · CRD 133378
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Sep 8, 2016
- 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.
Who's behind Starboard Mesa Ridge DST?
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- Starboard Mesa Ridge DST
- SEC CIK
- 1858989
- First Form D
- Apr 26, 2021
- Latest Form D
- Apr 26, 2021
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $6,850,000 | $6,850,000 | 25 | 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 Mesa Ridge DST?
- Starboard Mesa Ridge DST is a Historical offering. 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.