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Carter Exchange records CX EOS Orlando, DST as sold on May 24, 2023

The sponsor's 2024 overview is the only source behind that record, and Top1031 carries the two performance figures it reports at medium confidence.

Published Updated

The property held by CX EOS Orlando, DST sold on May 24, 2023, per Carter Exchange's 2024 overview of its exchange programs, hosted by AltsWire. The overview reports the outcome of this Delaware Statutory Trust (DST) offering in summary form. It states no sale price, and none appears elsewhere on the record.

The offering as filed, and the result on record


Trust

CX EOS Orlando, DST

Sponsor

Carter Exchange

First Form D

October 7, 2021

Offering amount

$40,847,758

Minimum investment

$25,000

Exemption

506(b)

Industry group

Other Real Estate

Sale price

not stated

Equity multiple

1.75x, as reported by the sponsor in Carter Exchange's 2024 overview

Annual return

32.30%, as reported by the sponsor in the same overview

Top1031 carries both figures at medium confidence rather than as confirmed. One document reports them, the sponsor's own, and no second source on the record speaks to either number.

Measured from the first Form D to the recorded exit, the hold derived from those dates is 1.6 years. The filing itself says little about what was held: it does not describe the property, and no address, unit count, or vintage for it appears on the record.

The Form D carries no performance figures, and the private placement memorandum that states the offering's distribution terms is not public. So the terms the offering originally disclosed to its investors and the result the sponsor now reports cannot be set side by side from the documents available.