Inland Private Capital announced on November 4, 2021 that the properties held by Self-Storage Portfolio II DST had been sold, part of a 34-property self-storage portfolio the sponsor said it monetized. The announcement date is what the record establishes. It does not establish a closing date for the Trust's properties, and the buyer is not named.
Reported at disposition | Value |
|---|---|
Disposition value | $54.7 million, as reported by the sponsor in its November 4, 2021 announcement |
Annualized return | 14%, as reported by the sponsor in its November 4, 2021 announcement |
The offering record is narrower.
Self-Storage Portfolio II DST as filed | |
|---|---|
First Form D | December 6, 2016 |
Exemption | 506(b) |
Offering amount | $21,827,931 |
Minimum investment | $25,000 |
Industry stated on the form | Other Real Estate |
That first Form D is the whole of the Trust's public filing history on terms, and it identified the industry as Other Real Estate rather than self-storage. It carries no performance figures, and no offering-era projection for the Trust sits on the public record. Distribution terms live in the private placement memorandum, which is not public.
The hold: 4.9 years separate the first Form D from the announcement. That span runs filing date to announcement date, not from any individual investor's closing, so investor-level holds vary.
Inland Private Capital lists the program as completed on its published track record. What the public record carries, then, is the announcement, the date, and the sponsor's own figures for the sale.