Full cycle

No disposition announcement names Pharmacy Portfolio DST, an Inland Private Capital offering

Sixteen years after the offering was filed, Top1031's record carries no exit date for the Trust and no return figure of any kind.

Published Updated

No disposition announcement naming Pharmacy Portfolio DST has been found. Inland Private Capital filed the Form D on April 14, 2010 for a 506(b) Delaware Statutory Trust (DST) offering, and what became of the Trust's real estate is not documented in any release or filing located.

Offering as filed


Sponsor

Inland Private Capital

Asset class

Other Real Estate

Offering ceiling

$12,715,000

Minimum investment

$100,000

Exemption

506(b)

First filing

April 14, 2010 (Form D)

Disposition on record

none found

Outcome in Top1031's record

Outcome not classified

The Sponsor has announced Walgreens sales, and Top1031's disposition record notes that the 2022 announcements name other trusts, Pharmacy Sale Leaseback II DST among them. The properties do not line up either: this Trust held three single-tenant Walgreens properties, per its 2010 PPM in Top1031's record, and those do not match the properties in the 2022 announcements. Pharmacy Portfolio DST is neither placed inside those transactions nor tied to them by any document located.

So there is no sale price, no total return, no annualized figure. The absence of an announcement is a fact about the documents, not about the real estate; it carries no information about the property's performance or the eventual result for investors.

Until a document names the Trust, its ending is not a matter of record.