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 the 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 offering documents, which set out distribution terms for investors, are 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 |
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.