If you have invested in a Delaware Statutory Trust (DST) that owns a property, and the property is sold, the DST will distribute the proceeds from the sale to the investors according to their percentage of ownership in the DST.
The amount you receive will depend on the terms of the DST agreement and your ownership percentage. Typically, the proceeds will be distributed to investors in proportion to their ownership interest in the DST. This means that if you own 10% of the DST, you will receive 10% of the proceeds from the sale of the property, minus any applicable fees or expenses.
After the sale, the DST may use the proceeds to invest in a new property or distribute the funds to investors and dissolve the trust. If the DST decides to invest in a new property, you may have the option to reinvest your proceeds in the new property or receive a cash distribution.
It’s important to note that the timing of the sale and the distribution of proceeds may not be immediate. The DST agreement will outline the process for selling the property and distributing the proceeds, which may take several months or even years to complete.