Bonaventure
DST sponsorfirst SEC filing 2025bonaventure.com
Counted by Top1031 from SEC Form D filings · updated Oct 15, 2026 · Record Card evaluated Oct 12, 2026
0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs.
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.
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 offeringsBonaventure Record Card
Bonaventure
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.
- Programs found in SEC fundraising filings (Form D)
- 4
- Share of programs over 3 years old whose status we confirmed
- 0%
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.
- How complete is the track record in its offering documents?
- Full record, losses included
- How often did past exits return less than investors put in?
- 5–15% of the 10–49 exits in its tables
As reported by the sponsor.
- How many current programs pay less than the sponsor projected?
- Not shown in its offering documents
- Can its affiliate buy investors out?
- Yes, in the 1 offering reviewed
- Does its own master tenant pay the rent?
- Yes, in the 1 offering reviewed
- Can investors remove the manager?
- No, 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 record
- globenewswire.com · Press release · 2026 ↗ Sponsor disclosure
- globenewswire.com · Press release · 2026 ↗ Sponsor disclosure
- globenewswire.com · Press release · 2026 ↗ Sponsor disclosure
- multihousingnews.com · Web page · 2026 ↗ Independent report
- globenewswire.com · Press release · 2026 ↗ Sponsor disclosure
- info.bonaventure.com · PDF document · 2021 ↗ Sponsor disclosure
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.
Bonaventure news
Sales report on Promenade Pointe →
More Bonaventure coverage (5)
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
What can I do next?
Use the record as a starting point. Compare the current offerings or save them to your Watchlist.


