The property held by CX Texas Industrial, DST was sold on May 24, 2023, per the disposition record Top1031 maintains for the Trust. That record identifies the asset only by class. It does not name the property, its location, or its tenant, and no filing in the Trust's own SEC record documents the sale.
Item | Record |
|---|---|
Sponsor named in the Form D | CX Texas Industrial Manager |
Exemption | 506(b) |
Asset class | Commercial |
Maximum offering amount | $27,627,000 |
Minimum investment | $25,000 |
First Form D | November 5, 2021 |
Sale price | not stated |
Total return | not stated |
The result reaches the public record through one document. A 2024 Carter Exchange program overview reports a 1.75x equity multiple for the Trust, as reported by the sponsor in that overview, published by AltsWire. The same document reports a 32.3% annual return, as reported by the sponsor in the overview. It is also the source that dates the exit.
What the record does not state is the relationship between CX Texas Industrial Manager, the entity behind the offering, and Carter Exchange, whose overview carries those figures. Top1031's disposition record classifies both of them as sponsor-announcement figures, at medium confidence. The Form D speaks to the raise, not the ending.
So the ending is documented as a type, a date, a hold, and one document's account of the result. The property that produced it is not.