Full cycle

NREA Estates, DST Reached Full Cycle When NexPoint Sold Its Property

The 2018 Delaware Statutory Trust (DST), filed under Rule 506(b), is listed as a completed program in the disposition record, which says little more about the outcome.

Published Updated

NREA Estates, DST reached full cycle on April 1, 2022, the date the record gives for the sale of the property the Trust held.

Nearly everything else about the offering comes from one document. The Form D NexPoint filed on August 10, 2018 places the Trust in the "Other Real Estate" category. That single Form D is what is on the record here, and no property name or address appears alongside it.

Item

On the record

First filing

August 10, 2018

Offering ceiling

$24,963,221

Minimum investment

$100,000

Disposition type

Property sold

Sale price

not stated

The record carries two hold figures. The disposition record states 3.75 years; the field measured from the filing and disposition dates states 3.6 years. This report relies on the date-based figure, because both dates behind it are documented.

No dated NexPoint announcement of this sale is in the record. The dates, and the hold between them, are what document this full cycle.