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Athens Student Housing DST's exit is recorded as a property sale dated to March 2024

No public document names the Trust as seller of the Athens student housing asset the March 2024 trade coverage describes.

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Top1031's record dates an exit for Athens Student Housing DST to March 1, 2024 and labels its type a property sale. The documents behind that label describe one Athens trade, and none of them connects it to the Trust, to Inland Private Capital, or to Athens Student Housing, L.L.C., the Inland affiliate the record links to the property. Inland Private Capital has published no disposition announcement naming the Trust.

Inland Private Capital filed the Delaware Statutory Trust (DST) offering under Rule 506(b). Measured from the Trust's Form D of October 6, 2021 to the exit date on the record, the hold is 2.4 years. That exit date has no document behind it in the record. The only dated document describing an Athens sale is Newmark's announcement of March 14, 2024.

Item

As filed or on record

Trust

Athens Student Housing DST

Sponsor

Inland Private Capital

Registrant CIK

1884988

Offering amount as stated on the Form D

$20,275,196

Minimum investment

$25,000

Asset class

Other Real Estate

Exit type

Property sold

Total return, annualized return, equity multiple

not stated

Disposition evidence confidence

Medium

Newmark announced on March 14, 2024 that it had arranged the sale and financing of The William, a 164-unit, 370-bed student housing community in Athens serving the University of Georgia, in its release. Multi-Housing News reported University Partners as the buyer in its account of the transaction, under a headline price of $68 million. Top1031's record carries the price as $67.5 million, drawn from that coverage and public records; the record's more precise figure is the one relied on here, and both describe the Athens trade rather than a disposition the Trust disclosed.

One document in the record ties an entity of that name to a disposition. A Form D filed in 2026 by a registrant named Athens Student Housing notes approximately $5.47 million of costs and expenses tied to a disposition. It sits under CIK 2107367, not the Trust's, and Top1031's record states that dollar figure as an approximation rather than an exact amount.

Whether this Trust's exit belongs on that list is not something the documents in the record establish.