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Inland's Carmel Multifamily DST Sold in March 2021, Ending a Six-Year Hold

Inland Private Capital now lists the 2015-vintage program among its completed offerings, with the result reported in the sponsor's own announcement of the sale.

Published Updated

Inland Private Capital sold the property held by Carmel Multifamily DST on March 10, 2021, closing an offering it first noticed on February 20, 2015. It was a Delaware Statutory Trust (DST), and the record places the hold at 6.08 years.

The Trust's title and the sponsor's announcement describe the asset as multifamily; the offering's structured record classifies it as "Other Real Estate."

Offering term

Detail

Exemption

Rule 506(b)

Maximum offering amount

$11,377,246

Minimum investment

$25,000

The Form D on file carries no distribution or return terms, so the offering's original documents supply nothing to set beside the figures the sponsor reports.

Metric

Figure

Disposition value

$32.2 million, as reported by the sponsor in its announcement of the sale

Total return

155.49%, as reported by the sponsor in its announcement of the sale

Annualized return

9%, as reported by the sponsor in its announcement of the sale

Beyond the sponsor's own account, the public filing record fixes the offering's terms and the two dates. It is not an independent valuation of the property, nor a statement of the eventual result for any individual investor.