Bonaventure launches $32 million DST for Aspire West End

Bonaventure has launched the Aspire West End Delaware Statutory Trust (DST), a $32 million offering providing accredited investors fractional ownership in a 148-unit Class A independent living community in Richmond, Virginia.

The asset has an eight-year operating history, having been built and operated by Bonaventure since 2018. The DST is structured to facilitate Section 1031 exchanges for investors seeking tax deferral and passive ownership in institutional-quality senior living real estate. This marks the fourth DST launched by the firm in the last 16 months.