Full cycle

Dahn America360 Storage DST Reached Full Cycle With the Sale of Its Property

No acquisition date appears on the Delaware Statutory Trust (DST) offering's public record, so the Form D filing and the sale bound the only hold the documents allow.

Published Updated

The property held by Dahn America360 Storage DST sold on March 1, 2024. Dahn America360 lists the program as completed on its published track record, and that listing, with the sale, closes the file.

The record


Sponsor

Dahn America360

Form D filed

January 30, 2015

Exemption

506(b)

Offering amount

$3,932,000

Minimum investment

$25,000

Asset class

Commercial

Hold, Form D filing to sale

9.1 years

Total return, annualized return, equity multiple

not stated

No return figure accompanies the disposition. Neither the sponsor's track record listing nor anything else in the Trust's public record states a result for the investors who held it, and absence of disclosure is itself part of the record.

A sale price does circulate. The disposition record classes that price as a sponsor announcement and marks its confidence high, yet the only evidence it supplies is a post to a regional community news thread, with no recorded deed and no dated trade report behind it. Top1031 relies on the evidence supplied rather than the classification, and does not print a disposition value on that footing. The public record behind this report carries no dated announcement of the transaction.

What the record does fix is the filing and the sale. It does not fix the date the Trust acquired the property, and it does not identify the property: the Form D names no facility, no market, and no square footage. Those details sat in the private placement memorandum along with the distribution terms, and neither is a public document.

The full cycle is on the record. What it produced for the exchange investors who funded it is not.