Full cycle

National Multifamily Portfolio IV DST sold Silver Reef in Lakewood to Bridge Investment Group in October 2025

Inland Private Capital assembled four apartment communities under the Delaware Statutory Trust (DST) beginning in 2018; Lakewood is the first to change hands on the public record.

Published Updated

Bridge Investment Group acquired Silver Reef, the Lakewood, Colorado apartment community held by National Multifamily Portfolio IV DST, for $100 million, as reported by the sponsor in Denver Business Journal coverage of the trade.

Item

Record

Trust

National Multifamily Portfolio IV DST

Sponsor

Inland Private Capital

Form D first filed

October 30, 2018 (filing)

Offering amount

$138,158,359 maximum

Minimum investment

$25,000

Exemption

506(b)

Asset class as filed

Other Real Estate

Disposition on record

Partial sale, recorded October 1, 2025

Counterparty

Bridge Investment Group, per the Denver Business Journal

Hold, first filing to recorded disposition

6.9 years

Return to investors on record

Not stated

The Trust assembled four communities: Silver Reef, Laurel Oaks in Tampa (192 units), Avilla Grace in Chandler, Arizona, and 150 Summit in Birmingham, Alabama. As of July 27, 2026, no sale of the Tampa, Chandler, or Birmingham properties has been confirmed in public sources, and no announcement of a portfolio-level completion has been located. No statement of a result to the Trust's investors has been located either.

Two dates attach to the sale. Top1031 records the disposition as October 1, 2025; the Denver Business Journal dated the closing on or about October 24, 2025. The hold above runs to the recorded date, which is the date carried in the disposition record.

This Trust is not among them: no portfolio-level completion has been located.

The Form D carries no performance figures, and the distribution terms sit in the private placement memorandum, which is not public. An executive summary of the offering circulated by the marketplace 1031 Gateway remains posted. For now the public file on this Trust runs to a 2018 Form D and press coverage of a single sale.

National Multifamily Portfolio IV DST sold Silver Reef in Lakewood to Bridge Investment Group in October 2025