The Ft. Collins Multifamily Portfolio DST sold on October 11, 2021. The Trust filed its first Form D on April 13, 2016, classifying the asset as "Other Real Estate"; that filing carries no description of the physical property, and the marketing title is what names Fort Collins, Colorado.
The span between the first filing and the sale is five and a half years. Top1031's records also carry a 5.41-year hold figure; this report relies on the five and a half years the two dates establish, no sponsor-stated hold being on the record.
The portfolio sold for $108.9 million, as reported by the sponsor in its announcement of the sale. The same announcement puts total return at 166.29%, as reported by the sponsor in that release, and the annualized return at 12.01%, as reported by the sponsor in the release. No equity multiple appears.
The Form D carries no distribution terms, and Top1031 holds no offering memorandum for the Trust. What the offering first told investors about income is not on the public record here. What the record does carry is the original shape of the raise.
Offering term | As filed |
|---|---|
Ceiling | $39,012,526 |
Minimum investment | $25,000 |
Exemption | Rule 506(b) |