FREX Series II DST
Sponsored by Fortress
University Village is a 2007-vintage, stabilized, 203-unit, 600-bed purpose-built student housing property serving the University of North Carolina at Greensboro (“UNCG”) and North Carolina Agricultural and Technical State University…
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Offering terms
- Minimum investment
- $25,000
- Yr 1 distribution
- 5.05%
- Avg distribution
- 5.83%
- Projected hold
- 5–10 yrs
- Offering size
- $60.9M
- Equity raise
- $32.6M
- Loan-to-value
- 46.4%
- 721 exit
- Optional
Projected distributions by year
Capital structure
- Equity
- $32,623,464
- Debt
- $28,270,000
- Total
- $60,893,464
Overview
University Village is a 2007-vintage, stabilized, 203-unit, 600-bed purpose-built student housing property serving the University of North Carolina at Greensboro (“UNCG”) and North Carolina Agricultural and Technical State University (“NCAT”). The Property is located one block from UNCG’s campus and a ~5-minute drive from NCAT’s campus. Over the last five academic years, the Property has averaged nearly 100% occupancy while achieving meaningful rent growth. The Property is currently 100% leased for the upcoming 2026/2027 academic year, vs. 98% occupancy underwritten for year 1.
Offering documents 4
Projected distributions are the sponsor's estimates of annual cash flow on invested equity. They are not guaranteed, may change or stop, and may include a return of capital. LTV is the offering's debt divided by its total capitalization. Information reflects my offering records as of October 28, 2026 and may have changed. This page is not an offer to sell or a solicitation of an offer to buy any security; offers are made only through the offering documents to eligible investors.
