Inland Private Capital sold the property held by Chicagoland Multifamily DST on September 4, 2019. The Form D filed on September 26, 2012 set a maximum raise of $7.75 million and a $25,000 minimum investment. The record puts the hold at 6.9 years.
The figures Inland reports for the disposition follow.
Metric | Figure |
|---|---|
Sale price | $15,240,000, as reported by the sponsor in its full-cycle residential activity record |
Total return | 157.12%, as reported by the sponsor in its full-cycle residential activity record |
Annualized return | 8.17%, as reported by the sponsor in its full-cycle residential activity record |
Inland did not report an equity multiple for the program. Top1031 records the offering's asset class as other real estate, while the trust's title and Inland's own track record describe a multifamily property.
Beyond the 2012 Form D and Inland's published track record, the public record carries no independent account of the sale.