Full cycle

Healthcare Portfolio IV DST's Salt Lake City Medical Office Building Sold in September 2021, Property Records Show

The transfer covered one Utah asset out of the trust's holdings, leaving the offering short of a documented full-cycle exit on the public record.

Published Updated

The medical office building at 755 E 3900 S in Salt Lake City closed on September 17, 2021, with MOB Salt Lake City LLC as buyer, according to Homes.com, which records the seller as Dst Healthcare Portfolio Iv, the Trust's own name as that record renders it. That transfer is the disposition on record for Healthcare Portfolio IV DST, a Delaware Statutory Trust (DST) offering sponsored by Inland Private Capital.

It is one property, not the portfolio. Top1031's disposition record describes the trust's holdings as a four-property portfolio, and only the Utah asset appears in the property record.

Item

Detail

Trust

Healthcare Portfolio IV DST

Sponsor

Inland Private Capital

Form D filed

January 29, 2018

Exemption

506(b)

Maximum offering amount

$39,990,338

Minimum investment

$25,000

Asset class as filed

Other Real Estate

Disposition type

Partial sale

Closing date

September 17, 2021

Sale price

Not stated

The trust's Form D carries the terms above and nothing about the properties themselves; the asset class is filed only as Other Real Estate, so the filing alone does not identify the Utah building or the rest of the portfolio.

Homes.com names the parties and the closing date without a consideration figure. No total return, annualized return, or equity multiple appears in the record reviewed here. Whether the trust's remaining properties have since been sold is not established by these documents either.

The closing came within the trust's first years after its Form D filing. This closing does not join them: no full-cycle exit for Healthcare Portfolio IV DST is documented.