Bluestem Capital
Carrollton Station Multifamily DST
OpenRule 506(c)Accredited investorsDST
1031 eligible
Real estate
Summary
A 312-unit Class A apartment community in the Dallas suburb of Carrollton, built in 2019, held in a DST with a master lease to the sponsor.
Highlights
- 1031 and 721 UPREIT exit options described in the PPM
- Interest-only loan for full term
- Sponsor-funded reserves at closing
Key terms
| Offering type | Rule 506(c), Regulation D |
|---|---|
| Structure | DST (Delaware Statutory Trust) |
| Target return | 5.1% year-one cash yield |
| Minimum investment | $100K |
| Raise size | $28M |
| Term | 5 to 7 yrs |
| Distributions | Monthly |
| Final close | Nov 24, 2026 |
| 1031 exchange | Sponsor states this offering qualifies as like-kind replacement property |
| Loan-to-value | 52% |
| Debt allocated per $100K equity | $108K |
| Master lease | Sponsor affiliate |
Risks
Private placements are illiquid, speculative, and may lose some or all of the capital invested. Targets are not guarantees. Read the Private Placement Memorandum in the data room before investing.