Conifer Creek Apartments in Aurora, Colorado, sold on December 17, 2019, the date Top1031's record carries for the disposition that closed Denver MSA Multifamily II DST. Inland Private Capital's announcement of the transaction is the only public account of the result.
Reported outcome | |
|---|---|
Sale price | $127 million, as reported by the sponsor in its announcement |
Total return to investors | 143.06%, as reported by the sponsor in its announcement |
Annualized return | 7.6%, as reported by the sponsor in its announcement |
Equity multiple | 1.44x, as reported by the sponsor in its announcement |
Trade coverage of the disposition reports the same sale price and names Grand Peaks as the buyer, per REBusinessOnline. Inland has not published a breakdown of the result to the individual investor, and no public document supplies one.
Original offering | |
|---|---|
First Form D | July 20, 2017 |
Exemption | 506(b) |
Industry stated in the filing | Other Real Estate |
Offering amount | $53,962,913 |
Minimum investment | $25,000 |
The filing names no property. Nothing in it speaks to distributions either; those terms sat in the private placement memorandum, which was never a public document, so the original terms of the program cannot be set against the reported outcome from the public record alone.
One item belongs on the record. Top1031's file for this disposition carries two hold figures, 5.3 years and 2.4 years, and nothing public resolves which applies. The citations behind the disposition were corrected on August 7, 2026, after earlier ones referenced a different Inland program. The sale and the sponsor's statement of its result are what the record establishes.