Full cycle

Colorado Springs Multifamily DST Reached Full Cycle in the April 2024 Sale of Woodmen Ridge Apartments

Inland Private Capital's Delaware Statutory Trust (DST) held one Colorado Springs apartment community and reached full cycle roughly 6. 3 years after its first Form D filing.

Published Updated

Inland Private Capital announced on April 1, 2024 the full-cycle sale of Estate at Woodmen Ridge Apartment Homes, the Colorado Springs apartment community held by Colorado Springs Multifamily DST (Inland press release).

The terms Inland filed when it opened the Trust, and the result it reported at exit, sit side by side below.

Item

Detail

Sponsor

Inland Private Capital

Offering exemption

506(b)

Offering ceiling

$28,974,578

Minimum investment

$25,000

First Form D filing

December 14, 2017

Disposition

Property sold

Equity multiple

1.4x, as reported by the sponsor (Inland)

Internal rate of return

6%, as reported by the sponsor (Inland)

The announcement did not state a sale price.

Inland's full-cycle record stood at 35 offerings before this one.