Skip to content
FREX DB Series I DST

FREX DB Series I DST

$100,000 - Min. InvestmentMonthly DistributionsDST Tax Pkg - Tax Reporting
Morgantown, West Virginia
DST506c

Product Highlights

Offering Price$75,983,939
Properties1
Loan to Value47.12%
Loan Term10 years
Interest Only Period10 years
Cashflow
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
5%
5.48%
5.76%
5.49%
5.85%
6.2%
6.58%
6.96%
7.35%
7.69%
Projections are subject to assumptions and limitations.

Available Equity

Available
100%($40.1m)
Reserved
0%($0.0)
Closed
0%($100.0k)

Product Images

FREX DB Series I DST - 1
FREX DB Series I DST - 2
FREX DB Series I DST - 3
FREX DB Series I DST - 4
FREX DB Series I DST - 5
FREX DB Series I DST - 6

Investment Description

Domain at Town Centre is a 2012 vintage, stabilized 336-unit, 912-bed purpose-built student housing property serving West Virginia University (“WVU”). The property is located one mile from WVU’s campus and\ directly next to a main retail center, making it one of the best non-walkable student housing accommodations for WVU.

Product Overview

Financial Highlights

Total Equity
$40,178,939
Total Debt
$35,805,000
Offering Price
$75,983,939
Loan-to-Value
47.12%
Reserves
$2,162,684
Current Income
5%

Investment Profile

Sponsor
Fortress Investment Group
Structure
DST
Property Type
Student Hsg
Holding Period
5-10 years
Liquidity
None
Risk Profile
High

Business Plan

The Sponsor’s business plan for the Property and its investment objectives for the Interests, will be to (i) preserve the Purchasers’ capital investment, (ii) make monthly distributions, and (iii) sell the Property at a profit within approximately five to ten years. See “Business Plan.” There is no guarantee that the objectives will be successfully achieved, that the Property’s value will be maintained or enhanced, or that the Property will be sold within the planned time period. An investment
in the Interests involves substantial risks. See “Risk Factors.”

Sponsor Overview

Fortress delivers local expertise with a global perspective in 13 office locations worldwide. We believe that the depth and breadth of our resources—our intellectual capital, investment, origination, asset management and servicing capabilities, and our time-tested and disciplined processes—distinguish and differentiate our business.

Location Details

Frequently Asked Questions

Still have questions?

If you require additional information about this investment or assistance in understanding its structure, please don't hesitate to get in touch.

QM

Quinn Morimoto

Product Specialist

Speak with QuinnGet Info by Email