NREA Adair, DST sold the property behind its offering on April 1, 2022. NexPoint opened the Trust with a Form D filed November 9, 2017.
The record carries the hold two ways: 4.5 years for the program, and 4.4 years measured from the filing and sale dates alone. This report uses 4.5 years, the figure the record attaches to the program itself rather than to the two dates.
Offering and disposition on record | |
|---|---|
SEC CIK | 1722121 |
Offering ceiling | $24,742,538 |
Minimum investment | $100,000 |
Exemption | 506(b) |
Asset class as filed | Other Real Estate |
Exit type | Property sold |
Disposition value | not stated |
The Form D category is where the sponsor placed the asset, and the filings add nothing to it: no property name, no address, no tenant, and no terms for the exit.
NexPoint's published track record is what places the program in the completed column. It is also the only place a result figure appears. Top1031 carries no return figure for this Trust from a source it can cite here, and the filings state none.
The sale date and the span behind it are what the public record establishes.