PPM
Private placement memorandum. The offering document.
The Vintage PPM (11 Jan 2022) is on file as Exhibit A in Delaware C.A. 2025-0757. That form’s Maximum Offering Amount is $75.4 million; the Form D later lists $88.0 million. 4th & J’s PPM is not on this record.
Steve Cameron pasted a 721 “Exit Strategies” excerpt into the thread on 9 Aug 2026 for 4th & J. The Vintage PPM has the same structure: trustee may offer cash at independent appraisal or OP units; investors do not approve; the trustee canvasses and is not bound.
Actual purchase dates — needed for a 12206 worksheet — are in the 1031/closing binder, not in the Form D.