LSC Latham NY DST
Investment Description
LSC Latham NY DST holds Hearthstone Village, an active-adult apartment community in Latham, within the Town of Colonie, New York. The property provides age-eligible rental housing. Investors hold beneficial interests in a Delaware statutory trust with an affiliated master tenant and residential property-management arrangements.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- Livingston Street Capital, LLC
- Location(s)
- New York
- Equity
- $17,310,000
- Debt
- $19,500,000
- LTV (investor offering)
- 52.97%
- Property Type
- Active-adult rental
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. Research-adjusted average normalizes opening cash to full equity and includes the source final reserve release; it is not a recurring earned-income yield. Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately.
Sponsor Overview
Livingston Street Capital, LLC
Livingston Street Capital, LLC sponsors the offering. Its real estate platform includes active-adult and senior residential programs, with affiliated entities performing asset-management, trustee and master-tenant functions.