Your 1031 DST Authority
CPA Arbour Commons DST
Offering Overview
$170.739M DST acquisition of Arbour Commons, a 394-unit multifamily community at 663 W. 148th Ave, Westminster, CO. Built in 2014 on approximately 28.23 acres, with $96.15M of equity and $74.589M of senior financing.
Investment Highlights
- 394-unit suburban Denver apartment community.
- Built in 2014; approximately 389,962 SF.
- Fixed 4.20% financing described in the materials.
- Initial interest-only period described in the materials.
- Denver employment and transportation drivers.
Forecasted Cash Flow
Projected annual cash-on-cash distributions with the corresponding tax-equivalent yield over the hold, based on the sponsor’s underwriting assumptions.
Illustrative projections only — targeted distributions are not guaranteed and actual results will vary. Tax-equivalent yield assumes depreciation shelter of distributed income.
Analyst Notes
Key sensitivities are occupancy, rent growth, expenses, debt service, and exit value.
Pros
Moderate leverage, fixed-rate debt, newer construction, and Denver-area demand.
Cons
Single-asset exposure, operating and lease-up risk, illiquidity, and debt-refinancing risk.
Financing
Financing terms for this offering are summarized below.
Benchmark Comparison
| Metric | This Offering | Benchmark | Difference |
|---|---|---|---|
| Average Yield | 3.77% | 4.99% | −24.45% |
| Max Yield | 4.25% | 5.34% | −20.41% |
| 10-Yr Income Growth | 16.44% | 25.67% | −35.96% |
Benchmark reflects the average of comparable Multifamily offerings. Differences are relative to the benchmark.
Offering Documents
About the Sponsor
CORE Pacific Advisors is the securitized-1031 sponsorship affiliate of CORE Realty Holdings Management, based in Newport Beach, CA, focused on multifamily DSTs and tenant-in-common offerings. Named offerings include CPA Barrington Apartments and the Denver-market Arbour Commons in Westminster, CO. It draws on decades of CORE-team experience buying, managing and selling commercial real estate; standalone AUM is not separately disclosed.
This page describes a specific Delaware Statutory Trust offering (CPA Arbour Commons DST) and is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offering is made solely to verified accredited investors and only by means of a confidential private placement memorandum (PPM).
All figures shown — including minimum investment, cash-flow projections, tax-equivalent yield, loan-to-value, and hold period — reflect the sponsor's current estimates and assumptions and are not guarantees of future performance. Tax-equivalent yield depends on each investor's tax circumstances; projected distributions may not be achieved and actual results will vary. Sponsor track record, benchmark data, and full-cycle averages describe prior programs and are not indicative of the results of this offering.
An investment in a DST is speculative, illiquid, and involves a high degree of risk, including the possible loss of the entire amount invested. There is no public market for these interests, distributions are not guaranteed, and investors have no control over property operations. 1031 exchange and tax treatment depend on each investor's individual circumstances and on tax laws that are subject to change; consult your own tax and legal advisors.
Tax-equivalent yield represents the pre-tax yield a fully taxable investment would need to generate in order to match the after-tax cash flow of this offering. It assumes that a portion of distributions is sheltered by depreciation and other deductions, and it depends entirely on each investor's individual tax bracket, state of residence, and holding structure. It is illustrative only and is not a projection of return. Cap rate equivalent is the implied capitalization rate (net operating income divided by purchase price) shown solely for comparison to direct real estate; it is not a distribution rate, a yield, or a measure of investor return.
This offering and all terms shown are subject to change, withdrawal, or cancellation at any time without notice, and availability is not guaranteed. Nothing on this page creates a commitment or reservation. An investment is confirmed only upon the sponsor's acceptance of fully executed subscription documents; no other communication, indication of interest, or reservation constitutes a binding investment.