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Sponsors/Bonaventure
Bonaventure logo

Bonaventure

DST sponsor · first SEC filing 2025 · bonaventure.com ↗

Active offerings2 →Plus 1 recently fully subscribedPrograms on record4 →SEC Form D filings
First filed2025Earliest Form D on record
Property focusMultifamily 22 of 4 with a stated type

Counted by Top1031 from SEC Form D filings · updated Oct 15, 2026 · Record Card evaluated Oct 12, 2026

Sponsor Record Card
NR
NR · Not rated

0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs.

Completed sales: 0
Lost or impaired 0 · Counted Programs 0
See the full cardRead the method

Bonaventure has sponsored four Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2025. Today its SEC filings show two active offerings; the newest was first filed on Sep 24, 2026. One more is recently fully subscribed.

1Offerings 22Record Card3Deal practices4About5Track record 46News7Questions8Similar sponsors
Offerings 2Record CardPracticesAboutTrack record 4NewsQuestionsSimilar sponsors
On this sponsor page
  1. 1Offerings 2
  2. 2Record Card
  3. 3Deal practices
  4. 4About
  5. 5Track record 4
  6. 6News
  7. 7Questions
  8. 8Similar sponsors
  9. 9Next step

Bonaventure DST offerings (2 active)

Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest. One recently fully subscribed offering is listed last, marked Sold out, and not counted as active.

Ask a specialist about these offerings
OfferingOffering sizeMinimumAmount soldFirst filedWatchlist
Example record — amount sold shown
Carlton at Greenbrier DSTChesapeake, VASEC filing, Sep 24, 2026 ↗
$28.3M$100,000
Filed Sep 24, 2026
None reported
Sep 24, 2026
Aspire West End DSTRichmond, VASEC filing, Aug 25, 2026 ↗
$32.0M$100,000
Filed Aug 25, 2026
None reported
Aug 25, 2026
Promenade PointeMultifamily · Norfolk, VASEC filing, Jan 21, 2026 ↗
Sold out
$20.1M$100,000
$10.3M
51%Filed Jan 21, 2026
Jan 21, 2026

Open Bonaventure in the directory →

Bonaventure Record Card

Top1031 Sponsor Record Card

Bonaventure

How this letter was decided
NR
NR · Not rated

0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs. NR is not a failing grade. A letter needs 3 counted outcomes or 3 documented sales.

Completed sales 0Losses or impairments 0Counted Programs 0

Of 4 Programs, 0 count toward the Grade: 0 completed sales and 0 losses or impairments. The lines below describe all Programs, including those outside the Grade count.

No documented loss found in searched sources as of Oct 12, 2026.

Programs found in SEC fundraising filings (Form D)
4
Sold, result reported by the sponsor
0
Sold, result not reported by the sponsor
0
Sold according to the sponsor, not yet verified by us
0
Moved into a REIT instead of sold
0
Lost investors' money, or capital at documented risk
0
Older than 7 years, confirmed still operating
0
Older than 7 years, no public outcome found
0
No outcome recorded · under 7 years
4
Share of programs over 3 years old whose status we confirmed
0%

If we missed a sale, a reported result or a public record, send it. Evidence changes a Grade.

Submit a correction ↗

How does Bonaventure build its deals?

From one of Bonaventure’s offering documents (Dec 2025). These are the sponsor's own tables, not the Record Card's counts above.

Deal terms · free account

How complete is the track record in its offering documents?
Full record, losses includedFull record, no completed exits yetRecord with gapsSelected results onlyNo results tableFull record, losses included
Full record, losses includedFull record, no completed exits yetRecord with gapsSelected results onlyNo results table
How often did past exits return less than investors put in?
Under 5% of the 10–49 exits in its tablesUnder 5% of the 50+ exits in its tables5–15% of the 10–49 exits in its tables5–15% of the 50+ exits in its tables15% or more of the 10–49 exits in its tables15% or more of the 50+ exits in its tablesNot shown in its offering documents5–15% of the 10–49 exits in its tables

As reported by the sponsor.

Under 5% of the 10–49 exits in its tablesUnder 5% of the 50+ exits in its tables5–15% of the 10–49 exits in its tables5–15% of the 50+ exits in its tables15% or more of the 10–49 exits in its tables15% or more of the 50+ exits in its tablesNot shown in its offering documents
How many current programs pay less than the sponsor projected?
Under 20% of the 10–49 programs in its tablesUnder 20% of the 50+ programs in its tables20–40% of the 10–49 programs in its tables20–40% of the 50+ programs in its tables40% or more of the 10–49 programs in its tables40% or more of the 50+ programs in its tablesNot shown in its offering documentsNot shown in its offering documents
Under 20% of the 10–49 programs in its tablesUnder 20% of the 50+ programs in its tables20–40% of the 10–49 programs in its tables20–40% of the 50+ programs in its tables40% or more of the 10–49 programs in its tables40% or more of the 50+ programs in its tablesNot shown in its offering documents
Can its affiliate buy investors out?
Yes, in the 1 offering reviewedNo, in the 1 offering reviewedYes, in the 1 offering reviewed
Yes, in the 1 offering reviewedNo, in the 1 offering reviewed
Does its own master tenant pay the rent?
Yes, in the 1 offering reviewedNo, in the 1 offering reviewedYes, in the 1 offering reviewed
Yes, in the 1 offering reviewedNo, in the 1 offering reviewed
Can investors remove the manager?
Only for cause, in the 1 offering reviewedNo, in the 1 offering reviewedNo, in the 1 offering reviewed
Only for cause, in the 1 offering reviewedNo, in the 1 offering reviewed

About Bonaventure

Bonaventure is a vertically integrated multifamily investment firm whose Delaware Statutory Trust offerings sit alongside 1031 exchange, 721 UPREIT, co-investment, and private NAV REIT strategies across the Mid-Atlantic and Southeast. Its DST entities include Messenger Place DST, an unlevered 94-unit Manassas, Virginia property, and Promenade Pointe DST, a Norfolk waterfront community launched in January 2026 with roughly $50.1 million of total capitalization. Bonaventure announced in June 2026 that both offerings had closed fully subscribed, together raising more than $54 million of equity from 86 investors, and announced the $32 million Aspire West End DST in Richmond, Virginia in September 2026.

Sponsor-stated figures are as reported by the sponsor.Sources: bonaventure.com · Web page · Undated · bonaventure.com · Web page · Undated · bonaventure.com · Web page · Undated · bonaventure.com · Web page · Undated · bonaventure.com · Web page · Undated · sec.gov · SEC filing · 2025 · +6 more

DST program record

A Form D notice filed June 16, 2025 identifies Messenger Place DST as a Delaware trust organized in 2021, with Bonaventure MIT Operating Partnership as sponsor and operating partnership and Bonaventure Holdings as an affiliate of the issuer and sponsor 6. Bonaventure lists Messenger Place DST among its closed replacement-property offerings and describes it as an unlevered, 94-unit multifamily offering in Manassas, Virginia 5.

On January 8, 2026, Bonaventure announced the launch of Promenade Pointe DST, a Norfolk, Virginia waterfront multifamily offering with approximately $50.1 million of total capitalization including $20.1 million of investor equity 7; the sponsor reports that offering carried approximately 60% loan-to-value fixed-rate financing 5. On June 29, 2026, Bonaventure announced that the Promenade Pointe and Messenger Place DST offerings had been fully subscribed and closed, together raising more than $54 million of equity from 86 investors 8. On September 23, 2026, Bonaventure announced the launch of Aspire West End DST, a $32 million offering involving a 148-unit independent-living community in Richmond, Virginia, and described it as its fourth DST brought to market in 16 months, following offerings in Alexandria, Manassas, and Norfolk that it said were each fully subscribed 9.

Acquisition activity

Multi-Housing News reported on April 22, 2026 that Bonaventure acquired the 208-unit Royal Pointe Apartments in Virginia Beach for $39.5 million through Bonaventure Multifamily Income Trust, with the transaction incorporating a partial 1031 exchange and a 721 exchange 10. On August 19, 2026, Bonaventure announced that it had acquired an ownership interest in Crescent at Chevy Chase from Landmark Realty through the same affiliated trust and assumed asset management of the 111-home community 11.

Realized record reported by the sponsor

Bonaventure's published realized schedule covers dispositions from 2004 through 2025 across acquisitions, ground-up developments, and affordable-housing assets, with outcomes that range widely 12. Representative sponsor-reported entries include Rockwood Park, sold September 2021 after a 12.9-year hold at a 4.81x equity multiple and 16.7% annualized return; East Beach Marina, sold March 2023 after 3.2 years at 1.45x and 10.0%; Mason Avenue, sold July 2025 after 4.6 years at 1.34x and 8.0%; and Alate Old Town, a development sold March 2025 at a 0.6x equity multiple 12.

Show sources (12)Hide sources (12)
  • bonaventure.com · Web page · Undated ↗ Sponsor disclosure
  • bonaventure.com · Web page · Undated ↗ Sponsor disclosure
  • bonaventure.com · Web page · Undated ↗ Sponsor disclosure
  • bonaventure.com · Web page · Undated ↗ Sponsor disclosure
  • bonaventure.com · Web page · Undated ↗ Sponsor disclosure
  • sec.gov · SEC filing · 2025 ↗ Public recordJun 16, 2025
  • globenewswire.com · Press release · 2026 ↗ Sponsor disclosureJan 8, 2026
  • globenewswire.com · Press release · 2026 ↗ Sponsor disclosureJun 29, 2026
  • globenewswire.com · Press release · 2026 ↗ Sponsor disclosureSep 23, 2026
  • multihousingnews.com · Web page · 2026 ↗ Independent reportApr 22, 2026
  • globenewswire.com · Press release · 2026 ↗ Sponsor disclosureAug 19, 2026
  • info.bonaventure.com · PDF document · 2021 ↗ Sponsor disclosureSep 1, 2021
Written from SEC filings and cited sources · Updated Oct 15, 2026

Bonaventure track record (4 programs)

Every program found in SEC Form D filings. Programs with a reported result are listed first, then the rest by first filing year. Each row links to its SEC filings.

Filter by Record Card line
ProgramResult on recordCounted asFiling
Aspire West End DSTFirst filed 2026No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Carlton at Greenbrier DSTFirst filed 2026No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Promenade Pointe DSTFirst filed 2026No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Messenger Place DSTFirst filed 2025No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗

Bonaventure news

  1. Sep 23, 2026

    Bonaventure Launches $32M DST For Senior Living Property in Richmond Virginia

    Yield PRO ↗

  2. Sep 23, 2026

    Built, Owned, Operated: Bonaventure Launches $32 Million DST, Aspire West End

    GlobeNewswire / Bonaventure ↗

  3. Jun 29, 2026

    Sales report on Promenade Pointe →

    Bonaventure Fully Subscribes Two Multifamily DST Offerings, Raising More Than $54 Million

    Bonaventure (via Globe Newswire) ↗

    Also covered by 7 outlets
    • Yahoo Finance ↗
    • citybiz ↗
    • Caledonian Record ↗
    • Connect CRE ↗
    • Yield PRO (Multihousing Professional) ↗
    • Bonaventure ↗
    • Bonaventure (sponsor newsroom) ↗

More Bonaventure coverage (5)
  1. Feb 25, 2026

    Vitality Living Assumes Management of Acclaim at Belmont Bay and Aspire at West End Richmond

    Vitality Senior Living ↗

  2. Jan 8, 2026

    Stability by Design: Bonaventure Launches Promenade Pointe DST

    GlobeNewswire ↗

    Also covered by 5 outlets
    • Yahoo Finance ↗
    • Bonaventure ↗
    • AltsWire ↗
    • IREI ↗
    • Connect Money ↗
  3. Jul 2, 2025

    Bonaventure Launches $34.1 Million Messenger Place DST in D.C. Suburb

    Bonaventure (sponsor site) ↗

  4. Jul 14, 2026

    Bonaventure Gets to Work on Hampton Roads-Area Apartments

    Multi-Housing News ↗

  5. Jul 13, 2026

    Bonaventure Breaks Ground on Attain at Newtown, a 320-Unit Class A Opportunity Zone Multifamily Development in Norfolk

    Markets Insider / Business Insider (GlobeNewswire press release) ↗

Questions about Bonaventure DSTs

Does Bonaventure have DST offerings available now?
Bonaventure’s SEC filings show two active DST offerings, with stated offering sizes from $28.3M to $32.0M. Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest. The newest was first filed on Sep 24, 2026. One more is recently fully subscribed and not counted as active.
How many DST programs has Bonaventure sponsored?
Top1031 found four Bonaventure programs in SEC Form D filings. The first was filed in 2025. Each is listed in the track record on this page with a link to its SEC filings.
What kind of property does Bonaventure put in its DSTs?
Of the four Bonaventure offering records on Top1031, two are multifamily.
What is the minimum investment for Bonaventure DSTs?
Each of its active offerings with a stated minimum lists $100,000, as shown on each offering’s page.
What results has Bonaventure published for its DSTs?
On its Record Card, none of its four programs sold with a result reported by the sponsor yet. Sponsor-stated figures are as reported by the sponsor; Top1031 does not compute or estimate returns.
How do I ask about Bonaventure offerings?
Use the “Ask a specialist about these offerings” button at the top of Bonaventure’s offerings list on this page. Top1031 is not a broker-dealer or investment adviser and does not provide tax, legal, or investment advice.

Answers are generated from the counts on this page and change when the record changes.

Other DST sponsors with active offerings

  • Cove Capital Investments logoCove Capital Investments18 active · 101 programs on record
  • ExchangeRight logoExchangeRight11 active · 121 programs on record
  • Kingsbarn Realty Capital logoKingsbarn Realty Capital10 active · 87 programs on record
  • Inland Private Capital logoInland Private Capital8 active · 235 programs on record
  • Net Lease Capital Advisors logoNet Lease Capital Advisors8 active · 30 programs on record
  • How to evaluate a DST sponsor →
  • DST due diligence checklist →
  • The largest DST sponsors, from SEC filings →

What can I do next?

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Active and closed offerings, built from SEC filings. Sponsors graded A–F under one published method. Free.

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Top1031

A directory of 1031 DST offerings, built from SEC filings and public records.

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Top1031 is a data and education platform, not a broker-dealer, investment adviser, tax advisor, law firm, qualified intermediary, or securities issuer.

Information is not advice or an offer to buy or sell securities. DSTs are illiquid private securities with substantial risks, including loss of principal.

Data may be incomplete or delayed, and Top1031 does not audit sponsor-reported figures. Sponsor Grades are editorial sponsor assessments, not offering ratings or recommendations.

Review the current offering documents and consult qualified professionals. Gated offering data is intended for users who self-attest that they are accredited investors.

Commercial relationships are not inputs in the Top1031 Grade method. Losses are counted only from court, county or sponsor-published records.

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