BR Sonoma Pointe, DST reached full cycle on August 15, 2022, the date its property sold. The Form D names BR Sonoma Pointe DST Manager as the Sponsor entity behind the Trust; the program is carried as a completed offering on Bluerock Value Exchange's published track record. Nothing in the public record assembled here identifies the property or its location.
The disposition | |
|---|---|
Exit type | Property sold |
Exit date | August 15, 2022 |
Hold | 5 years |
Sale price | $68 million, as reported by the sponsor in its full-cycle announcement |
Equity multiple | 2.3x, as reported by the sponsor in its full-cycle announcement |
Average annual return | 26%, as reported by the sponsor in its full-cycle announcement |
No total-return figure for this program appears in the record.
The offering as filed | |
|---|---|
Trust | BR Sonoma Pointe, DST |
Sponsor entity named on the Form D | BR Sonoma Pointe DST Manager |
Asset class | Residential |
Exemption | 506(b) |
First filing | August 29, 2017 |
Offering amount | $18,803,951 |
Minimum investment | $100,000 |
The Form D is the only offering document in this record. The debt placed on the property, the distribution terms, and the hold the offering material contemplated are therefore undocumented here, which leaves the sponsor's announcement as the sole account of the result.
No document on the record states why the sale came when it did, and none identifies the buyer.