Single-asset 1031 DST that owns The Lofts at the Village, a 36-unit townhome-style apartment community built in 2021 in Meridian, Idaho (Boise MSA). The Trust bought the property on April 26, 2023 for $15.5 million with an $8.375 million interest-only seller loan and master leased it to an affiliated, newly formed master tenant. Investors receive monthly distributions from master lease rent and are expected to exit through a sale in about ten years, with an optional 721 UPREIT path.