Inland Private Capital Corporation (IPC) has completed a more than $54 million capital raise for the private investment offering of Fort Myers BTR DST, an IPC-sponsored Delaware statutory trust (DST). The offering has been fully subscribed by investors and is now closed.
The DST owns the Odyssey on Soltura, a newly constructed, class-A, build-to-rent (BTR) single-family rental community located at 10131 Soltura Drive in Fort Myers, Fla. The property comprises 29 units across 20 villa-style buildings and 89 free-standing residential homes. The single-family, cottage-style homes feature large, private fenced-in backyards, covered lanais, high-end interior finishes and SmartHome technology. Residents can also enjoy community amenities, including a resort-style pool, pergola with outdoor dining space, fitness center, co-working space with private offices, dog park with pet water fountains, and an event lawn for playing outdoor games.
“We continue to see significant oppor