RK
Rance King Properties
17 Programs on record · filing history back to 2017 · 0 classified as raising now
Website not on recordPrograms on record17
First filed2017
Raising now0
Finished with published result100%
Capital-loss alertNone published
Sponsor-reported, from SEC filings and cited sources.
What the record shows
Rance King Properties Inc., which operates as RK Properties, was founded in 1976 by William Rance King Jr. and reports investing exclusively in multifamily property since that year, acquiring, managing, and disposing of apartment communities across the United States. In 2024 reporting, the sponsor said it had purchased 163 properties since 1976, taken 147 full cycle, served more than 7,000 investors, and held a portfolio with an estimated market value above $1 billion. It states that its investment structure moved to Delaware statutory trusts in mid-2017, and Top1031 tracks 17 RK-branded DST programs.
Sponsor-stated figures are as reported by the sponsor.Evidence 1234
Published Grade summary
Public records track 17 Programs from this Sponsor over 8 yrs, of which 6 are lifecycle-eligible and seasoned: 1 property sold with result unknown, 4 with leverage unknown, and 1 levered and still operating at age 7–10y. The outcome-disclosure ledger shows 1 Program with a published figure, 0 acknowledged without a figure, and 0 silent. The file lists 0 distress events and no recorded floor, which is not itself proof of safety, drawn from 41 citations at documentation depth 2.
6Programs with an ending or 7+ years of history
0 of 6Programs with a documented problem
100%Finished Programs with a published result
YesPublishes its own track record
Raising money now
Classified active by Top1031 from the SEC filings. That does not confirm an offering is still available to buy.
No active offerings are on record for this sponsor.
How this Grade was computed
The four channels describe the documented public record. The published letter also applies evidence gates, ceilings, and adverse floors.
Four evidence channelsEach channel is scored from 0 to 100, then weighted under the published method.
Read the full methodHarm recordDocumented problems, weighed against everything at stake35% weight
Lifecycle outcomesHow programs old enough to finish actually ended25% weight
Market acceptanceHow each raise went against comparable offerings25% weight
Disclosure candorWhether completed programs come with published results15% weight
Weighted blend35% H + 25% L + 25% R + 15% TThe published result applies the anti-washout ceilings, evidence gates, and adverse floors below after this blend. Top1031 does not publish an intermediate score.
AProven71 and above
BEstablished61–70
CUnproven50–60
DWarning36–49
FAdverseBelow 36
NRNot ratedRecord too small or identity under review
- Ceilings
- The result cannot exceed H + 10 or L + 15, so stronger sales evidence cannot wash out a weaker harm or lifecycle record.
- Evidence gates
- A and B require minimum proof depth, lifecycle history, and channel evidence. A also requires qualifying disclosure coverage.
- Adverse floors
- An Integrity alert sets an F floor. A dominant documented capital loss or multiple independent severe events sets D or lower.
Proof depth46.8Published-outcome coverage100%
- C2026-Q3 · Moved from C. Binding constraints: proof depth below 4; fewer than 10 lifecycle-eligible Programs; H below 85.
Programs on the record
A Program is the filing-level offering record associated with this sponsor. Published-result figures are shown only with sponsor attribution and adjacent sources.
ProgramFirst filedStatusPublished outcome
RK Grandview at Clear Pond DST2022Filing record
—Not in the finished-Program ledger
RK AVLI at Crosstown Center DST2021Filing record
—Not in the finished-Program ledger
RK Haven Pointe at Carolina Forest DST2021Filing record
—Not in the finished-Program ledger
RK Pointe at East Shore DST2021Filing record
—Not in the finished-Program ledger
Show all 17 Programs
RK Pointe at Greenville DST2021Filing record
—Not in the finished-Program ledger
RK Trailside Verdae DST2021Filing record
—Not in the finished-Program ledger
RK CODA DST2020Filing record
—Not in the finished-Program ledger
RK Pointe at Research Park DST2020Filing record
—Not in the finished-Program ledger
RK Berewick Pointe DST2019Filing record
—Not in the finished-Program ledger
RK Pointe at Lake Crabtree DST2019Filing record
—Not in the finished-Program ledger
RK Pointe at Prosperity Village DST2019Filing record
—Not in the finished-Program ledger
RK Manchester Place DST2018Filing record
—Not in the finished-Program ledger
RK Montecito Pointe DST2018Filing record
—Not in the finished-Program ledger
RK One White Oak DST2018Filing record
—Not in the finished-Program ledger
RK Edwards Mill DST2017Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Rance King Properties's published track record.
Who they are
Written from SEC filings and cited sources
Multifamily-only platform since 1976
Rance King Properties Inc. operates under the name RK Properties and reports that it has been engaged exclusively in multifamily property investments since 1976, the year William Rance King Jr. founded the firm; he is identified as its president 1. The sponsor describes its platform as acquiring, managing, and disposing of multifamily properties across the United States, and in 2024 reporting said it had purchased 163 properties from 1976 through 2024, taken 147 of them full cycle, and served more than 7,000 investors 1. That same reporting put the estimated market value of its portfolio above $1 billion and described its approach as conservative underwriting paired with lower-leverage financing 1.
From tenant-in-common programs to Delaware statutory trusts
RK Properties states that its investment structure changed to the Delaware statutory trust format in mid-2017 1. Top1031 tracks 17 RK-branded DST programs, the earliest with a first filing in 2017 and the most recent in 2022 2.
Dated program events
In a release distributed through GlobeNewswire on January 3, 2018, the sponsor reported selling approximately $44 million of multifamily assets in Phoenix and Sacramento in December 2017, covering the Villas on Bell and Village at Fair Oaks tenant-in-common programs, and reported total returns of 114% and 96% for those two programs respectively 3. In an August 2023 announcement, RK Properties said a $66.64 million DST offering for the 328-unit Riverstone Apartment Homes in Grovetown, Georgia had been fully subscribed; the private placement launched July 25, 2022 and finally closed July 31, 2023 4.
Show sources (4)Hide sources (4)
- RK Properties ↗Sponsor disclosure
- Top1031 sponsor record ↗Top1031-derived
- globenewswire.com ↗Sponsor disclosure
- AltsWire ↗Sponsor disclosure