DST Program definition
DST Program means the Company’s program to raise capital in private placements exempt from registration under the Securities Act of 1933, as amended, or the “Securities Act” through the sale of beneficial interests in specific Delaware statutory trusts holding real properties, including properties currently indirectly owned by the Operating Partnership.
DST Program means the private offering relating to the Delaware Statutory Trust affiliated with the General Partner, in which the General Partner, through the Partnership, has acquired a 10% beneficial ownership interest and the Partnership has two exchange rights in which it can acquire additional beneficial interests in the Delaware Statutory Trust.
Examples of DST Program in a sentence
The following offerings and accompanying education modules have been activated: Sponsor: Passco Program Name: Passco Shelby DST Program: 295 BR Holdco DST Sponsor: Net Lease Capital Advisors, LLC ▇▇▇▇▇ Watermark Investors 2 Inc., a publicly registered non- traded real estate investment trust sponsored by WP ▇▇▇▇▇ (NYSE: WPC), announced that its board of directors determined an estimated per share value of $10.53 for the company’s common stock, as of December 31, 2015.