ACA Illinois Tier 1 Student Housing DST reached full cycle when the Campus Circle student housing property behind it was sold on January 10, 2025. A Blue Vista joint venture sold the asset to Horizon Realty Advisors, and JLL marketed the transaction. JRW lists the trust in Full Cycle status; 5.7 years elapsed between the offering's first Form D filing and the sale.
No sale price, equity multiple, or internal rate of return accompanies the disposition on the record.
The offering had sought up to its ceiling in equity from accredited investors; the record does not show how much of that was raised before the sale.
Offering as filed | |
|---|---|
Sponsor | ACA Illinois Tier 1 Manager |
Asset class | Residential (student housing) |
Exemption | 506(b) |
Offering ceiling | $22,165,000 |
Minimum investment | $25,000 |
First Form D filing | May 15, 2019 |