Inland Private Capital announced on January 12, 2022 the sale of a 124,980-square-foot industrial facility in Syracuse, New York, held on behalf of New York Power DST, according to the sponsor's news release. The release does not state why the property sold when it did.
Reported result | |
|---|---|
Sale price | $13.4 million, as reported by the sponsor in its January 12, 2022 news release |
Total return | 192.17%, as reported by the sponsor in the January 12, 2022 news release |
Average annual return | 8.77%, as reported by the sponsor in the January 12, 2022 news release |
Those figures originate in one document, produced by the party that carried out the sale. Inland Private Capital later published a case study on the disposition. Outside the sponsor's own material, Baker 1031 Data Center, a third-party compilation, records the disposition and an equity multiple for it. No filing in the public record confirms any of these numbers from the Trust's own books.
Against that, the offering's own filing record.
Term | Record |
|---|---|
Maximum offering amount | $11,850,000 |
Minimum investment | $25,000 |
Exemption claimed | 506(b) |
First Form D filed | |
Asset class as filed | Other Real Estate |
Measured from that first filing to the sale, the hold ran 10.5 years. The Form D names no building, no tenant and no city, and it carries no distribution terms; private placement memoranda are not filed, so what the Trust disclosed to its investors about distributions sits outside the public record entirely. Only the outcome is documented, and it is documented by the sponsor.