A Past Offering Spotlight dated September 23, 2025 records the sale of the property held by KB Shops at Trinity Park, DST in Simpsonville, South Carolina, and displays a price.
The post appears under the name Kingsbarn Real Estate Capital. Top1031 records the Sponsor of the 2022 Delaware Statutory Trust (DST) offering as Kingsbarn Realty Capital and uses that name throughout.
Field | Detail |
|---|---|
Trust | KB Shops at Trinity Park, DST |
Sponsor | Kingsbarn Realty Capital |
Location | Simpsonville, South Carolina |
Asset class | Commercial |
Offering amount | $9,785,000 |
Minimum investment | $97,850 |
First Form D filed | February 2, 2022 |
Disposition type | Property sold |
Date on record | September 23, 2025 |
Sale price, property level | $34,000,000, as reported by the sponsor in its Past Offering Spotlight |
Hold, first filing to date on record | 3.6 years |
Investor return reported | Not stated |
The offering came to market under Rule 506(c), the branch of Regulation D that permits general solicitation, and the equity ceiling and minimum subscription above come from its Form D.
A price at the property and a ceiling on equity are not the same measure, and the public record closes the distance on neither: it states the Trust's debt nowhere, the costs of sale nowhere, and the distribution terms the 2022 offering set out nowhere. There is nothing in it to set against the result.
Two further sponsor-hosted sources in the record carry the same price, a Kingsbarn portfolio page and a prior-performance investment program document. Neither is a dated announcement, which is why the spotlight is the source cited above. Beyond those sponsor materials, the evidence contains no press release and no independent coverage of the transaction.
The record fixes the sale, the price the sponsor attached to it, and the date of the post. What the holders of the Trust's beneficial interests received is not in it.