The DeSota sold for $81.5 million on April 23, 2023, as reported by the sponsor in the Bluerock Value Exchange portfolio listing for the property and by the Business Observer the same day, in a report whose headline rounds the price to $82 million.
The Trust is a Delaware Statutory Trust (DST) whose first Form D reached the SEC on May 22, 2019. The filing does not describe the Trust's financing.
Item | Record |
|---|---|
Exemption | 506(b) |
Offering amount | $37,268,913 |
Minimum investment | $100,000 |
Asset class | Residential |
Disposition | Property sold |
Hold, first Form D to sale | 3.9 years |
No investor-level result for this program appears in the located sources: no total return, no equity multiple, no annualized figure, no statement of what beneficial owners received when the building changed hands. The record documents the sale of the property, not the conclusion of the offering.