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Comparative Analysis

Processed

BDP Southlake DST

Measured against 56 extracted offerings on the identical field set, this deal sits 40 of 57 on the blended percentile score. It reads strongest on reserves and weakest on interest rate and disposition fee, which is where the diligence time belongs.

56 comparable offerings · as of August 2026

46Composite

Standing

40 of 57

Blended percentile across 13 extracted metrics.

Pricing

87th pct

Leverage

23rd pct

Cost

50th pct

Ongoing

4th pct

Structure

43rd pct

Percentile profile

Pricing

Avg. distribution (term)Min 0.00%Med 5.05%Max 7.00%5.53%82nd
Year 1 distributionMin 0.00%Med 4.51%Max 6.75%5.13%88th
Syndicated cap rateMin 4.02%Med 5.49%Max 9.74%6.93%90th

Leverage

Interest rateMin 3.91%Med 5.11%Max 9.11%7.12%3rd
Offering LTVMin 0.00%Med 46.09%Max 77.78%50.40%19th
Acquisition LTVMin 0.00%Med 46.50%Max 84.00%50.40%23rd
DSCRMin 1.00xMed 2.00xMax 3.38x1.98x46th

Cost

Acquisition feeMin 0.00%Med 2.52%Max 12.07%4.41%13th
Selling commissionMin 0.05%Med 6.00%Max 9.75%6.00%25th
Total upfront loadMin 1.96%Med 7.50%Max 12.05%5.36%62nd
ReservesMin 0.11%Med 5.53%Max 18.84%17.70%98th

Ongoing

Disposition feeMin 1.00%Med 2.95%Max 7.50%4.50%4th

Structure

Equity share of capitalMin 6.09%Med 100.00%Max 100.00%57.07%43rd

Bar spans the cohort minimum (Min) to maximum (Max), labelled beneath with the cohort median (Med). Shaded band is the 25th–75th percentile, the tick is the median, and the dot is this offering.

Where the headline metrics fall in the cohort

Year 1 distribution

88th pct

5.13%median 4.51%

Min 0.00%Med 4.51%Max 6.75%

Acquisition LTV

23rd pct

50.40%median 46.50%

Min 0.00%Med 46.50%Max 84.00%

DSCR

46th pct

1.98xmedian 2.00x

Min 1.00xMed 2.00xMax 3.38x

Interest rate

3rd pct

7.12%median 5.11%

Min 3.91%Med 5.11%Max 9.11%

Total upfront load

62nd pct

5.36%median 7.50%

Min 1.96%Med 7.50%Max 12.05%

Metric-by-metric comparison

MetricThis offeringCohort median25th–75thDifferencePercentile
Syndicated cap ratePricing6.93%5.49%4.84%5.82%+1.44%90th
Year 1 distributionPricing5.13%4.51%4.40%5.00%+0.62%88th
Avg. distribution (term)Pricing5.53%5.05%4.75%5.31%+0.48%82nd
Acquisition LTVLeverage50.40%46.50%18.89%49.80%+3.90%23rd
Offering LTVLeverage50.40%46.09%2.67%49.53%+4.31%19th
DSCRLeverage1.98x2.00x1.73x2.12x−0.02x46th
Interest rateLeverage7.12%5.11%5.00%5.35%+2.01%3rd
Total upfront loadCost5.36%7.50%4.89%9.50%−2.14%62nd
Selling commissionCost6.00%6.00%5.00%6.00%+0.00%25th
Acquisition feeCost4.41%2.52%1.74%3.58%+1.90%13th
ReservesCost17.70%5.53%1.67%8.66%+12.16%98th
Disposition feeOngoing4.50%2.95%2.00%3.50%+1.55%4th
Equity share of capitalStructure57.07%100.00%52.74%100.00%−42.93%43rd

Closest comparables

OfferingSponsorCap rateLTVDSCRLoadHoldMatch
HPI Deer Creek DSTHamilton Point Investments LLC6.00%47.50%2.02x5.14%10 yrs89%
NexPoint Small Bay III DSTNexPoint Real Estate Advisors IV, L.P.5.50%44.90%5.15%88%
NexPoint Waterford DSTNexPoint Real Estate Advisors IV, L.P.5.28%48.60%2.01x4.80%10 yrs85%
BR Parkview Multifamily DSTBVEX5.81%49.45%1.91x4.78%10 yrs84%
FREX DB SERIES I DSTFortress Real Estate Exchange LLC47.10%5.55%11 yrs83%
Net-Leased Portfolio 76 DSTExchangeRight Real Estate, LLC43.32%1.35x4.08%14.7 yrs83%
CS1031 Colony at Centerpointe Apartments DSTCapital Square5.28%54.30%1.89x4.89%82%
Passco Preston Ridge DSTPASSCO5.00%46.93%2.06x4.06%80%

Match score is a normalised distance across the full extracted metric set — asset type, pricing, leverage, cost and structure all weighted equally.

Figures on this page are generated from automated extraction of offering documents and may contain errors or omissions. Verify every metric against the sponsor's offering materials before relying on it for an investment decision.