UF Health at MuraBella
Medical office property in Saint Augustine, FL · sponsored by Velocis
UF Health at MuraBella was a DST sponsored by Velocis that owned a medical office property in Saint Augustine, FL (48,469 sq ft). Its last Form D was filed Feb 19, 2025.
How it ended
No outcome recorded · under 7 years
The record lists the offering as fully subscribed; the last Form D was filed Feb 19, 2025.
Key facts
- Minimum investment
- Not in the Form DFrom the Form D
- Offering size
- $10,569,002Equity offered, per the Form D
- Sold
- 42.6%Form D, Feb 19, 2025; the % is our arithmetic
- Investors reported
- Form D, Feb 19, 202518
- Selling commissions
- Form D Item 15; the % is our arithmetic$634,140 · 5.9% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
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: UF Health at MuraBella. Top1031 is not a broker-dealer.What did UF Health at MuraBella own?
The building is a medical outpatient facility in the MuraBella master-planned community in St. Johns County, in the St. Augustine area of the Jacksonville metropolitan area. 1 Colliers' U.S. Healthcare Capital Markets group, working with its Atlanta debt and equity finance and North Florida investment teams, brokered the June 2024 sale and financing of the property. 3 The trust reported its first securities sale on July 25, 2024. 2
- Reported location
- Saint Augustine, FL
- Property size
- 48,469 sq ft
How was it financed, and what did it cost to sell?
Leveraged means mortgage debt sits on the property alongside investor equity, and the loan is serviced from property income. Colliers arranged the financing at the time of the June 2024 sale. 3 No loan amount, lender name, or loan-to-value figure appears in the SEC filings or sponsor materials reviewed.
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $634,140 · 5.9% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $999,262 · 9.4% of offeringForm D Item 16· The filing’s note: “This estimate includes certain expense reimbursements and assumes the sale of the total offering amount.”
- Broker-dealers named in the Form D
- 12 named in the Form D
Show the firms
- 1031 Securities Inc. · CRD 326590
- American Trust Investment Services, Inc. · CRD 3001
- Arkadios Capital · CRD 282710
- Capulent LLC · CRD 155155
- Colorado Financial Service Corporation · CRD 104343
- DAI Securities, LLC · CRD 36673
- Emerson Equity LLC · CRD 130032
- FNEX Capital, LLC · CRD 166316
- Great Point Capital LLC · CRD 114203
- Metropolitan Capital Investment Banc, Inc. · CRD 148820
- Orchard Securities, LLC · CRD 133378
- Wealthforge Securities, LLC · CRD 152550
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jul 25, 2024
- Minimum investment
- Not in the Form D
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.
Who's behind UF Health at MuraBella?
Velocis is a Dallas-based real estate investment manager at 300 Crescent Court; its exchange arm, Velocis Exchange, sponsors this trust through Velocis MuraBella DST Manager, LLC, with W. Frederick Hamm signing the filings. 2 The firm said this was Velocis Exchange's first DST offering and that it closed on September 3, 2025 after raising $10 million. 1 On September 23, 2025 the sponsor launched a follow-on $11.3 million build-to-rent DST in the Richmond market. 4
- Sponsor
- Offerings on record
What does the SEC record show?
Velocis filed an initial Form D — the short notice an issuer gives the SEC for an exempt private placement — when sales began, then amended it once to update the amount sold and the investor count. The exemption used permits public advertising, provided the sponsor verifies every purchaser is an accredited investor. 2
- Legal Trust name
- Velocis MuraBella DST
- SEC CIK
- 2033121
- First Form D
- Aug 9, 2024
- Latest Form D
- Feb 19, 2025
- Filings on record
- 2
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $10,569,002 | $4,509,402+$3,656,200 | 18+15 | EDGAR | |
| Form D | $10,569,002 | $853,202 | 3 | 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 UF Health at MuraBella?
- UF Health at MuraBella is a Historical offering. The record lists the offering as fully subscribed; the last Form D was filed Feb 19, 2025.
- Who is the tenant and how long does the lease run?
- The building is fully leased to Flagler Hospital, which merged with UF Health to form UF Health St. Johns. The lease runs on an absolute net basis through September 2039 according to the sponsor. Colliers described the property as master leased on an absolute net basis to Flagler Hospital in its June 2024 release.
- What does an 'absolute net' lease mean for an investor here?
- Under an absolute net lease, the tenant pays rent plus essentially all property costs — taxes, insurance, maintenance and typically structural and roof obligations — leaving the landlord with minimal operating responsibility. It concentrates the outcome on one tenant's ability and willingness to keep performing on the lease. The actual allocation of obligations is set out in the lease and summarized in the offering documents.
- Is there debt on the property?
- Yes. Top1031's data records the offering as leveraged, meaning mortgage debt sits on the property in addition to investor equity, and Colliers reported arranging financing with the June 2024 sale. No loan amount, lender, maturity, or loan-to-value figure appears in the SEC filings or public sponsor materials reviewed; those terms would be in the offering documents and loan documents.
- Could this Trust convert into a REIT interest later?
- The data on record indicates no 721/UPREIT exit — the structure in which a DST's property is contributed to a REIT's operating partnership in exchange for REIT units. Nothing in the filings reviewed describes such a path for this Trust.
In the news
Sources
Show sources (5)Hide sources (5)
These links support the record as a whole; individual details may come from different sources.
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.