The Banks on Bradley

Just launchedMultifamily
Talk to a 1031 specialistData updated Mar 2, 2026
Offering size$22.6M
Asset typeMultifamily
LocationRichland, WA
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedMar 2, 2026
Last filedMar 2, 2026
Minimum$25k

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.

The Banks on Bradley property

LTV 46.09%; min $100k; Yr-1 econ occ ~80.5% (lease-up); $41.9M total offering

144 units
Exact-address map355 Bradley Blvd, Richland, WAAddress matched to a cited source
Form D raise progress

About Form D raise progress

Top1031 compares the amount reported sold with the stated offering amount in issuer-filed Form D notices through Mar 2, 2026.

  • Amounts are self-reported by the issuer and may be amended.
  • Filings can lag current subscriptions and do not confirm that interests remain available.
  • A Form D notice does not mean the SEC approved, endorsed, or verified the offering.
Latest Form D filed Mar 2, 2026

Based 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.

Reported sold as a percentage of stated offering amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D
Remaining amount reported in latest Form D$22,570,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$25,000
See the full reported financial recordBy creating an account you agree to the Terms of Service and acknowledge the Privacy Policy. We'll email you sign-in links and service notices about your account.
SEC filing recordMatched to public SEC filings
First filedMar 2, 2026
Latest filingMar 2, 2026
Filings tracked1
View filing on SEC EDGAR

Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.

Offering profile

SEC filings + cited sources

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.

Sources (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.