# FREX Series II DST

Canonical page: https://sequoia-research.com/sequoia-frex-series-ii-dst-7b9d1974.html

## Investment description

FREX Series II DST holds University Village, a student housing community in Greensboro, North Carolina. The property serves students attending the University of North Carolina at Greensboro and North Carolina A&T. Investors hold beneficial interests in a Delaware statutory trust with an affiliated master-lease arrangement.

## Key facts

- Fundraising Status: Open
- Sponsor Name: Fortress Real Estate Exchange LLC
- Locations: North Carolina
- Equity: $32,623,464
- Debt: $28,270,000
- LTV (investor offering): 46.43%
- Property Type: Student housing
- Y1 Income: Login required.
- Average Income: Login required.
- Overall Scorecard Rating: Login required.

Figures use offering-document terms. Investor LTV is allocated debt divided by equity plus debt. Income is projected distributions on original equity; averages exclude sale or 721 proceeds and are not IRRs. Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately. Evidence confidence is reported separately.

## Sponsor overview

Fortress Real Estate Exchange LLC sponsors the offering as part of Fortress’s real estate exchange platform. Affiliated entities perform trust-management and master-lease roles, while a separate property manager operates the student housing community.

## Detailed analysis

Detailed reports are sold separately for personal viewing in a member account. This summary does not include the protected report or its page images. See the canonical page for current report pricing and availability.

For informational and educational purposes only. Our research and opinions are not personalized investment, legal, or tax advice, an offer to sell or solicitation to buy securities, or a recommendation or endorsement of any investment. Do not rely on this research alone to make an investment decision. Review the current Private Placement Memorandum (PPM) and all applicable offering documents, and consult a registered investment adviser or other qualified investment professional and your legal and tax advisers. Private investments can be illiquid and involve significant risk, including loss of your entire investment. Past performance, projected income, and ratings do not guarantee future results. Information may be incomplete or change; confirm current offering availability directly with the sponsor.

[Terms and Conditions](https://sequoia-research.com/terms.html)