Inland Private Capital sold the two Denver-area multifamily properties held by Denver MSA Multifamily DST on March 18, 2019 for a combined $21.85 million, as reported by the sponsor in its March 18, 2019 press release, bringing the offering to full cycle.
The trust produced an average annualized return of 8.71%, as reported by the sponsor in that release. The release also carries a total return figure that the underlying data record does not confirm, and Top1031 does not print it.
Offering term | Detail |
|---|---|
Sponsor | Inland Private Capital |
Exemption | 506(b) |
Offering ceiling | $24,177,573 |
Minimum investment | $25,000 |
Asset class (as filed) | Other Real Estate |
The offering's first Form D, filed March 12, 2014, carried no performance figures, so the public record holds no original projection to set beside the sponsor's reported result.