Baker 1031 · Data
Full-cycle investment data
Overall historical offering results, sponsor summaries and source methods, compiled by Baker 1031 for educational analysis.
Manually compiled and unaudited. Metrics use higher source endpoints. Review the current PPM and data limitations.
| Measure | Value |
|---|---|
| Investment histories | 837 |
| Sponsors covered (25 with histories) | 39 |
| Annual-return observations | 737 |
Reported figures and comparison treatment
Reported AAR; valuation exit
| Annual return | 7.20% | Included |
|---|---|---|
| Hold period (years) | 2.79 | Included |
| Equity multiple | 1.20x | Included |
| Outcome | Break-even or better | Included |
Definitions and timing
| Field | Value |
|---|---|
| Annual-return method | Reported AAR |
| Reported IRR, kept separate | Unavailable |
| Source start date | 2009-12-18 |
| Source end date | 2012-10-01 |
| Offering structure | Real estate history; structure unconfirmed |
Source-reported annual return. Original definition, fee basis and valuation treatment are retained; no IRR or equity multiple is inferred from this rate.
Existing reviewed hold; Reported months /12.
The source does not confirm the investor security structure. It remains in the broad property-history screen; inclusion does not establish 1031 eligibility.
Source references
Four Springs TEN31 Xchange - FSX Retail 37, DST - PPM.pdf
PDF viewer page 84
FSCL prior programs Total Return includes initial investment plus monthly distributions until exchange. Average Annual Return as reported; full formula not separately given. All except Charleston exchanged into Four Springs Capital Trust Series A Preferred Shares.
Unrounded reported/supported equity multiple compared with 1.00x; source valuation/capital basis applies.
Valuation or in-kind exit: the reported outcome may use NAV or other noncash consideration.
Original source notes
Prior sponsor-affiliate SPE program; separate dataset from DST dispositions. No IRR inferred.
Additional source metrics
| Total offering size USD | 1190000 | USD |
|---|---|---|
| Property purchase price USD | 1066909 | USD |
| Exit value USD | 1190000 | USD |
| Total return incl initial investment | 1.2 | decimal ratio including original capital unless otherwise stated |
Footnotes
Source-reported annual return
The annual return is reported by the source. Source AAR definitions, fees and periods can differ, so direct comparison may be unreliable. Consult the investment’s source definition and current PPM.
Valuation or in-kind exit
The source uses a valuation, NAV or in-kind consideration, including some 721 outcomes. The reported result and nominal break-even indication do not establish final cash realization.
Investor structure unconfirmed
The source does not confirm the investor security structure. The property history remains in the broad screen; inclusion does not establish 1031 eligibility.
Data limitations and educational use
This data was collected from sponsor materials and manually entered into a data file for analysis. Transcription, calculation or classification errors may exist. The compilation has not been independently audited or verified for correctness, completeness or currency. Consult the current private placement memorandum (PPM), its supplements and sponsor reports for complete, up-to-date track-record information.
Displayed metrics use the higher endpoint of each reported range, including averages and medians of those values. Selecting higher return or multiple endpoints presents the more favorable source case. These figures do not establish typical or expected performance. Original ranges remain in the underlying data and source materials.
Some source data is dated, estimated or based on valuations rather than cash exits. Sponsors may use different periods, fees, return definitions and calculation methods, making direct comparisons unreliable or impossible. Available histories may be incomplete or selected, and exclusions and missing values affect each metric’s sample. Averages are not pooled investor returns or a ranking of sponsors.
For educational purposes only. This data is not investment, tax or legal advice, a recommendation, or an offer to buy or sell securities. Past performance does not guarantee or predict future results. Real estate securities are speculative and illiquid; distributions are not guaranteed and investors may lose their entire investment.
Compilation rights and source methods · Current offering statistics
Proprietary compilation
Baker 1031 Investments, LLC’s selection, organization, annotations and presentation form a proprietary compilation. Underlying sponsor materials and third-party content remain subject to their respective owners’ rights. No open-data or redistribution license is granted. Contact Baker 1031 for permission to reproduce the compilation.