MCG Waterstar DST
MCG Waterstar DST
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Investment Description
Madison Waterstar is a 320-unit luxury multifamily asset, with a highly desirable resort-style amenity package and a thoughtful unit-mix providing residents exactly what they want for elevated living. Conveniently situated off the SR-429 (Orlando’s Western Beltway) near the Interstate-4 interchange (165,700 combined vehicles per day), Madison Waterstar is under 30 minutes to 560,000+ jobs (nearly 40% of all Orlando MSA jobs) and is directly adjacent to Walt Disney World, the nation’s largest single-site employer & No. 1 tourist destination in the United States. Additionally, the Property is across the street from the Sunset Walk retail center and various other walkable grocer and restaurant locations including Publix, Keke Breakfast Café, Ford’s Garage, Target, Ale House, among several others.
Product Overview
Financial Highlights
Investment Profile
Business Plan
The Trust expects to provide the Owners a return on their investment in two primary ways: (i) in the form of monthly cash distributions to the Owners; and (ii) upon any Disposition of the Property. See “Risk Factors – Disposition of the Property and the Termination of the Trust,” “The Trust and Summary of the Trust Agreement” and “The Summary of the Limited Liability Company Agreement.”
Sponsor Overview
Location Details
Frequently Asked Questions
A Delaware Statutory Trust (DST) is a unique real estate investment vehicle that allows a group of individual investors to purchase fractional interests in large commercial real estate assets. These assets are typically beyond the financial reach of solo investors. Here's how DSTs work and why they are relevant for real estate investors:
Formation and Sponsors:
- DSTs are created under Delaware trust law.
- Real estate companies (sponsors) form DSTs by identifying and acquiring assets using their own capital.
- The sponsor then opens an offering period, and individual investors purchase fractional shares of the DST.
- DST beneficiaries are passive investors, providing equity capital.
DST History:
- DSTs were established in 1988 with the passing of the Delaware Business Trust Act (later renamed the Delaware Statutory Trust Act in 2002).
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