Inland Private Capital completed the sale of a Hunt Valley, Maryland office building on October 3, 2019, closing out RR HV Venture Holdings DST, a Delaware Statutory Trust (DST). The record puts the hold at 10.98 years. That record shows no first filing date, so the acquisition date itself is not established.
Measure | Figure |
|---|---|
Sale price | $99.3 million, as reported by the sponsor in its October 2019 release |
Total return | 177.25%, as reported by the sponsor in its October 2019 release |
Average annualized return | 7.06%, as reported by the sponsor in its October 2019 release |
The same release describes the building as the sponsor's largest pre-recession office holding, a characterization of its own portfolio rather than a ranking the record verifies.
What is missing is the other half of the comparison. The offering's original terms - the trust's size, its minimum investment, and any distribution figures the offering documents stated at launch - are not in the record Top1031 holds. The sponsor's reported result therefore stands without a filed projection beside it.
AltsWire covered the transaction as a full-cycle sale.