Starboard Realty Advisors sold the property behind Starboard WA Multifamily III DST and now carries the Delaware Statutory Trust (DST) among the full-cycle offerings on its website. Top1031's record places the property in the Shoreline, Washington area. No document located in the public record gives its address.
Record | |
|---|---|
Trust | Starboard WA Multifamily III DST |
Sponsor | Starboard Realty Advisors |
CIK | 1791496 |
Exemption | 506(b) |
Offering ceiling | $8,800,000 |
Minimum investment | $25,000 |
Exit type | Property sold |
Exit date | September 18, 2023 |
Hold, first Form D to sale date | 3.9 years |
The Form D that opened the offering on October 21, 2019 places it under Other Real Estate rather than a residential category.
Two hold figures reach Top1031 for this Trust. One, 5.1 years, traveled with the announcement of the sale, and it rests on a citation Top1031 removed on August 7, 2026, because that URL has no archive record and appears never to have existed. The other, in the table, runs from the first Form D to the sale date, and this report uses it, because both of its endpoints are dated on the public record. Neither measure is the hold any individual investor experienced: the record does not date the property's acquisition or the closing of the raise.
Top1031's record for the Trust also holds three performance figures for this disposition, a total return, an annualized return, and an equity multiple, each attributed to the sponsor and each sourced originally to that same removed press release. What supports them now are two sponsor-side pages recorded at low confidence: the sponsor's own site and a third-party sponsor profile. Top1031 does not publish a performance figure resting on that support, so the three numbers it holds do not appear here.
Whether the property was bought as a stabilized asset or a value-added one, and on what hold the sponsor underwrote it, is not stated in any document on the record.
The sale has a date behind it, and so do the offering's original terms. The result the sponsor reports for the disposition does not.