The Banks on Bradley
Legal trust name Starboard Bradley DST
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.
The Banks on Bradley is a multifamily property held through Starboard Bradley DST, a Delaware statutory trust sponsored by Starboard Realty Advisors LLC of Irvine, California. Sponsor materials report the property was acquired for roughly $34.7 million to $35.3 million, below a $36.7 million appraised value. Financing is a Freddie Mac fixed-rate acquisition loan at 5.11% with a 10-year term, seven years interest-only, and a December 2035 maturity, reflecting about 46% loan-to-value. The trust filed a Form D on March 2, 2026 noting a $22.57 million offering. Operations run through a sponsor-affiliated master tenant.
LTV 46.09%; min $100k; Yr-1 econ occ ~80.5% (lease-up); $41.9M total offering
144 unitsBased on issuer-filed Form D notices through Mar 2, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
Property and sponsor
The Banks on Bradley is a multifamily asset held through Starboard Bradley DST. The trust is sponsored by Starboard Realty Advisors LLC, headquartered at 19100 Von Karman Avenue, Suite 340, Irvine, California, an address that matches the trust's EDGAR record 2. According to sponsor materials, the property was acquired for approximately $34.7 million to $35.3 million, below its $36.7 million appraised value, which the sponsor characterizes as a positive going-in basis 1.
Financing
Sponsor materials describe a Freddie Mac fixed-rate acquisition loan at 5.11% with a 10-year term, seven years of interest-only payments followed by 30-year amortization, and maturity on December 1, 2035. The sponsor reports loan-to-value of 46.09% 1.
Operating structure
The DST operates through a master tenant that the sponsor describes as a newly formed, thinly capitalized affiliate, with revenue flowing through that affiliate. The sponsor's stated thesis targets stabilizing Year-1 economic occupancy from approximately 80.5% toward approximately 90% as initial lease-up concessions burn off 1.
Offering filing
The issuer filed a Form D on March 2, 2026 noting a total offering amount of $22,570,000, with zero sold reported as of that filing date 3. Top1031's dated structured record reflects the same offering figure and does not evidence current availability 4.
In the news
Frequently asked questions
Is The Banks on Bradley currently active?
The Banks on Bradley is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for The Banks on Bradley?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.
