FAQ on LRT Company's $17 Million All-Cash DST Offering for Senior Living Development

What is the LRT Hardeeville Senior Living DST offering?

The LRT Hardeeville Senior Living DST is a $17 million all-cash Delaware statutory trust offering by LRT Company to fund the development of a 154-unit assisted living and memory care community in Hardeeville, South Carolina.

Why is this DST offering significant?

This offering highlights the confidence of advisors and investors in LRT Company’s approach to ground-up development in growing markets, particularly in addressing the rising demand for senior housing solutions in areas like Hardeeville, where the population has increased significantly.

Where will the development be located?

The development will be located at 20 Island Gate Way in Hardeeville, South Carolina, near Hilton Head Island, benefiting from strong demographic trends and regional tourism.

Who is behind the LRT Hardeeville Senior Living DST offering?

Lawrence LaBonte, founder and CEO of LRT Company, along with Charles Anderson, leads the initiative, bringing over 35 years of real estate experience each to the project.

What are the key features of the Hardeeville development?

The development includes a 154-unit assisted living and memory care community on 8.17 acres, part of a larger 82.6-acre master-planned development by LRT Development, featuring a 50-year triple-net ground lease.

How does this project address market needs?

With Hardeeville’s population rising by more than 72% since the 2020 Census, the project is designed to meet the growing demand for modern senior housing solutions in the area.

What other projects is LRT Company working on?

LRT Company has also launched the LRT Coventry RI DST, an all-cash DST offering seeking $20.55 million to develop a senior housing campus in Coventry, Rhode Island.

How can investors get more information about LRT Company’s offerings?

Investors can visit LRT Company’s website at www.lrtcompany.com for more information, noting that offers can only be made through the confidential Private Placement Memorandum (PPM).