Self-Storage Portfolio V DST reached full cycle on April 11, 2024, when the operating partnership of IPC Alternative Real Estate Income Trust (Inland ALT REIT) acquired 100% of the beneficial interests in the Trust, sponsored by Inland Private Capital (IPC). The Delaware Statutory Trust (DST) changed hands as a whole, in a Section 721 UPREIT transaction.
Four properties stood behind those interests at closing: two in metropolitan Atlanta, Georgia, and two in Montgomery, Alabama, per the announcement.
Item | On the record |
|---|---|
Trust | Self-Storage Portfolio V DST |
Sponsor | Inland Private Capital |
Exemption | 506(b) |
Maximum offering amount, Form D | $16,488,801 |
Minimum investment | $25,000 |
First Form D filed | September 1, 2017 |
Hold, first filing to closing | 6.6 years |
Aggregate purchase price | Approximately $25.5 million, as reported by the sponsor in its April 11, 2024 announcement and its news listing |
Neither a total return nor an equity multiple appears in the announcement. The offering documents that would state the distribution terms are not public, and the amount of equity the placement actually raised is not on the record.
This one is documented as to date, structure, and price. What each holder received for their beneficial interests is not.