Madison Realty Senior Care II-AZ, DST is carried on Top1031's record as a distressed outcome. The Delaware Statutory Trust (DST) was sponsored by Madison Realty Companies and first filed on EDGAR in 2016. The classification rests on Arizona Attorney General records documenting a receivership affecting Heritage Village, which the record treats as distress rather than a completed foreclosure.
What the filing record does not contain is a property. A Form D identifies no real estate, and no filing on this CIK names one, so which property or properties the Trust held cannot be established from it. The disposition entry carries no sale price and no return figure of any kind, and no disposition announcement from the sponsor appears in the record reviewed here.
The offering as filed | |
|---|---|
Trust | Madison Realty Senior Care II-AZ, DST |
Sponsor | Madison Realty Companies |
CIK | 1671370 |
Exemption | 506(b) |
First Form D | April 11, 2016 |
Maximum offering amount | $8,600,000 |
Minimum investment | $25,000 |
Industry named in the filing | Other Real Estate |
Disposition type on record | Distressed outcome |
Disposition date on record | July 17, 2024 |
Span between those two dates (derived) | 8.3 years |
The record fixes when the offering began, what it was permitted to raise, and how its disposition is classified. It does not fix what the Trust owned, what that asset was worth at the end, or the eventual result for the investors who subscribed in 2016.