All Forum Posts by: Saori Hamilton

Mr. Foster, Thank you very much for your quick response. I am wondering what happens to my pro-rata share of the non-recourse institutional debt at the time of sales of the DST property, about 4 years from now. Will the unpaid debt balance at the time of the sales be deducted from my % share of the proceeds including the original principal? If so, sounds like I will be loosing money (since my principal is $600K and the beginning balance of the debt is $457K)...but is this how I should be looking at the numbers?

I am totally new to a DST and appreciate any advices you can give me.

Planning to invest $600K in a single tenant NNN leased DST. Once I received the purchase agreement/settlement statement, I noted the following:

Pro-rata share of debt: $457K, Total Purchase Price of $1.08MM (the fund due from the investor is still indicated as $600K).

Since the debt service is paid by the Trust, I am a little confused as to what this total means... Is this a standard practice in any DST settlement statements?

Thanks in advance,