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CX Ravella at Town Center DST sold its property on May 24, 2023

The sale ended the trust's ownership of the commercial property it was formed to hold, and Top1031's disposition record is where the exit appears.

Published Updated

CX Ravella at Town Center DST sold the property it held on May 24, 2023, ending the trust's ownership. That exit date comes from Top1031's disposition record for the trust.

No SEC filing records the sale. The Delaware Statutory Trust (DST) filed a Form D to open the offering in April 2022, and that document carries no performance terms; the private placement memorandum, which sets out distribution terms for investors, is not public. The filings do not date the acquisition of the property, so the public record does not establish how long the trust owned it.

Item

Record

Trust

CX Ravella at Town Center DST

Sponsor named in the filing

CX Ravella at Town Center Manager

First Form D

April 21, 2022 (filing)

Offering amount

$51,727,000

Minimum investment

$25,000

Exemption

506(b)

Asset class as filed

Commercial

Disposition

Property sold, May 24, 2023

What the record establishes about the outcome is narrow. No exit price for the property and no return figures for the trust are stated on the public record, and no dated announcement of the sale was located. No source Top1031 located names the buyer, and the trust's final capital raise is not disclosed.