Starboard Makley DST is offering accredited investors the opportunity to acquire interests in a Delaware statutory trust that owns the multifamily, mid/high rise apartment community known as “Makley Place.” Completed in 2022, this 140-unit, Class A property is located in Columbus, Ohio, and features an array of high-end amenities.

• Multifamily

• 52.64% LTV Assumable Loan

• 4.25% Year 1 Distribution

NexPoint Small Bay III DST features a portfolio of two small bay properties in Richardson, Texas and Deerfield Beach, Florida. NexPoint believes that small bay properties have an advantage over traditional warehouses or industrial facilities, which generally have a concentrated tenant base with long-term leases. Small bay properties tend to be in more densely populated infill areas and benefit from higher barriers to entry and replacement costs, and tenant leases of small bay properties are generally for a shorter term, which allows rents to adjust more quickly to market and new demand conditions.

• Industrial

• 44.87% LTV Assumable Loan

• 4.62% Year 1 Distribution

The Villages at Miami Gardens is a recently constructed build-for-rent community consisting of 50 single-family-style townhomes located in the Miami-Dade MSA, with a mix of three- and four-bedroom units.

• Multifamily

• 53.62% LTV Assumable Loan

• 4.51% Year 1 Distribution

Briggs & Union is a luxury 490-unit residential community in Mount Laurel Township, New Jersey, consisting of 21, three-story apartment buildings spread across 74 private, scenic acres with expansive, resort-style amenity spaces. The property has had consistently high occupancy (95% as of March 31, 2025), with an estimated annual rental growth rate of 3% for the Philadelphia area.

• Self-Storage

• 50.34% LTV Assumable Loan

• 4.65% Year 1 Distribution

The Vivian is a mid-rise style multifamily apartment community located at 1246 Allene Avenue Southwest, Atlanta, Georgia 30310. The Vivian benefits from a significant long-term tax abatement provided by the Fulton County Development Authority.

• Multifamily

• 50.55% LTV Assumable Loan

• 5.31% Year 1 Distribution

The Project consists of a 632-bed student housing multifamily property located on approximately 16.885 acres. According to the Appraisal, the Project offers 18 1- to 3-story-tall residential buildings and a clubhouse, with a net rentable area of approximately 248,824 square feet.

• Student Housing

• 47.45% LTV Assumable Loan

• 4.30% Year 1 Distribution

Skytop represents the opportunity to invest in an ultra-luxury, class A+ mid-rise apartment community located in the sought-after Anderson Township submarket in thriving Cincinnati, Ohio.

• Multifamily

• 55.88% LTV Assumable Loan

• 4.77% Year 1 Distribution

Churchill Downs (the “Property”) represents the opportunity to invest in a low-density, direct-entry townhome and garden-style apartment community located in the Pinehurst Metro in North Carolina.

• Multifamily

• 44.86% LTV Assumable Loan

• 4.28% Year 1 Distribution

This is a 188-room, full-service hotel that was completely renovated and reopened in 2024. Located in the heart of downtown Fort Worth, the 14-story hotel has a long-term franchise agreement with Marriott’s upscale Le Meridien brand and features a restaurant, rooftop bar with event space, pool lounge area and convention center.

• Hospitality

• 77.78% LTV Assumable Loan

• Zero-Coupon

This is the opportunity to invest in a 2 property GSA portfolio comprised of a VA Clinic in Virginia and the headquarters for U.S. Citizenship and Immigration Services (UCIS) in Maryland. Both properties are mission-critical with 10-year remaining lease terms.

• GSA

• 56.60% LTV Assumable Loan

• 4.50% Year 1 Distribution

This investment offering is two adjacent office buildings in Philadelphia, Pennsylvania, leased to AmeriHealth Caritas. Guarantors: Blue Cross Blue Shield of Michigan, “A,” AM Best (38.74%); Independence Health Group “A-,” S&P (61.26%) 17-Year NNN Lease

• Medical NNN

• 84.75% LTV Assumable Loan

• Zero-Coupon