Inland's Ft. Collins Multifamily Portfolio DST Sold in October 2021 After a Five-and-a-Half-Year Hold

Inland Private Capital lists the Ft. Collins Multifamily Portfolio DST among the completed programs on its published residential full-cycle record. The Trust sold on October 11, 2021, having filed its first Form D on April 13, 2016. The Form D classifies the asset as "Other Real Estate," and nothing in the filing describes the physical property; the marketing name and Inland's residential record point to a multifamily portfolio in 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.

On its full-cycle record, Inland reports the portfolio sold for $108.9 million, as reported by the sponsor (Inland Private Capital full-cycle record). The same document states a total return of 166.29%, as reported by the sponsor (Inland full-cycle record), and puts the annualized return at 12.01%, as reported by the sponsor (Inland full-cycle record). The record states no equity multiple.

The Form D carries no distribution terms, and Top1031 holds no offering memorandum setting out the Trust's original terms. What the offering first told investors about income is not in the public record here.

This is the 36th full-cycle program on Inland Private Capital's record; Top1031 counts 35 before it.