Inland Private Capital announced on April 10, 2025 the disposition of Solaire Apartments in Brighton, Colorado, on behalf of Brighton Multifamily DST. The announcement did not disclose a sale price, and the record carries none.
The sale delivered a 1.6x equity multiple to investors, as reported by the sponsor in its announcement. No total return or annualized return figure appears in the record. The sponsor measures the hold at eight years from the November 10, 2016 acquisition, a date that precedes the Trust's first Form D.
Brighton Multifamily DST | |
|---|---|
Sponsor | Inland Private Capital |
First Form D filing | December 30, 2016 |
Exemption | 506(b) |
Maximum offering amount | $24,099,126 |
Minimum investment | $25,000 |
Property | Solaire Apartments, Brighton, Colorado |
Acquisition | November 10, 2016, for $57.5 million, as reported by the sponsor in its announcement |
Disposition announced | April 10, 2025 |
Exit type | Property sold |
Hold, first Form D filing to announcement | 8.3 years |
The Form D records the offering's size, exemption and minimum, and nothing about distributions. The private placement memorandum that set those terms is not a public document, so what the offering originally disclosed to its investors is not on the record here.
Trade coverage puts the property at 252 units: Institutional Real Estate, Inc. reported the transaction as the sale of a 252-unit multifamily community near Denver.
Solaire is the 56th offering Top1031 records as reaching full cycle for Inland Private Capital. A disposition is not an SEC filing event, and the Trust's own filings stop with the offering, so the record of how this one ended runs through the sponsor's announcement and the trade coverage that carried it, including AltsWire.