The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001608791
   Corporation
   Limited Partnership
   Limited Liability Company
   General Partnership
X Business Trust
   Other (Specify)

Name of Issuer
San Antonio Multifamily DST
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2014
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
San Antonio Multifamily DST
Street Address 1 Street Address 2
C/O INLAND PRIVATE CAPITAL CORPORATION 2901 BUTTERFIELD ROAD
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
OAK BROOK ILLINOIS 60523 630-218-4916

3. Related Persons

Last Name First Name Middle Name
Inland Private Capital Corporation N/A
Street Address 1 Street Address 2
2901 Butterfield Road
City State/Province/Country ZIP/PostalCode
Oak Brook ILLINOIS 60523
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Sponsor of the Issuer
Last Name First Name Middle Name
San Antonio Multifamily Exchange, L.L.C. N/A
Street Address 1 Street Address 2
c/o Inland Private Capital Corporation 2901 Butterfield Road
City State/Province/Country ZIP/PostalCode
Oak Brook ILLINOIS 60523
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Signatory Trustee and Manager of the Issuer
Last Name First Name Middle Name
San Antonio Multifamily L.L.C. N/A
Street Address 1 Street Address 2
c/o Inland Private Capital Corporation 2901 Butterfield Road
City State/Province/Country ZIP/PostalCode
Oak Brook ILLINOIS 60523
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Depositor of the Issuer

4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
   Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes    No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
   Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
X Other Real Estate
  
Retailing
  
Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
   $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
X Decline to Disclose    Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
   Rule 505
X Rule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
   Investment Company Act Section 3(c)
   Section 3(c)(1)    Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
   Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2014-06-05    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity    Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security    Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $25,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Inland Securities Corporation 15807
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Inland Securities Corporation 15807
Street Address 1 Street Address 2
2901 Butterfield Road
City State/Province/Country ZIP/Postal Code
Oak Brook ILLINOIS 60523
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ILLINOIS

Recipient
Recipient CRD Number    None
Concorde Investment Services LLC 151604
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Concorde Investment Services LLC 151604
Street Address 1 Street Address 2
1120 East Long Lake Road Suite 100
City State/Province/Country ZIP/Postal Code
Troy MICHIGAN 48085
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
FLORIDA
ILLINOIS
IOWA
MASSACHUSETTS
MICHIGAN
NEW YORK

Recipient
Recipient CRD Number    None
1st Global Capital Corp. 30349
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
1st Global Capital Corp. 30340
Street Address 1 Street Address 2
12750 Merit Drive Suite 1200
City State/Province/Country ZIP/Postal Code
Dallas TEXAS 75251
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
MINNESOTA
NEW JERSEY
NEW YORK
NORTH CAROLINA
TEXAS

Recipient
Recipient CRD Number    None
Norman G. Price 2406981
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
RP Capital LLC 134768
Street Address 1 Street Address 2
7191 Wagner Way NW Suite 302
City State/Province/Country ZIP/Postal Code
Gig Harbor WASHINGTON 98335
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Gary G. Benson 1182211
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
NPB Financial Group LLC 137743
Street Address 1 Street Address 2
5435 Balboa Blvd. Suite 106
City State/Province/Country ZIP/Postal Code
Encino CALIFORNIA 91316
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Investacorp Inc. 7684
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Investacorp Inc. 7684
Street Address 1 Street Address 2
4400 Biscayne Blvd. 11th Fl
City State/Province/Country ZIP/Postal Code
Miami FLORIDA 33137
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
FLORIDA
GEORGIA
TEXAS

Recipient
Recipient CRD Number    None
Trawnegan Gall 6266415
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sandlapper Securities LLC 137906
Street Address 1 Street Address 2
1 City Boulevard West Suite 870
City State/Province/Country ZIP/Postal Code
Orange CALIFORNIA 92868
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
Eric A. Bicknese 2829451
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Nationwide Planning Associates Inc. 31029
Street Address 1 Street Address 2
375 Route 32
City State/Province/Country ZIP/Postal Code
Central Valley NEW YORK 10917
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW YORK

Recipient
Recipient CRD Number    None
Troy Thomas 4691720
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
McDermott Investment Services LLC 154926
Street Address 1 Street Address 2
101 Main Street Suite 260
City State/Province/Country ZIP/Postal Code
Huntington Beach CALIFORNIA 92648
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Corbin S. Thomas 4234748
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
McDermott Investment Services LLC 154926
Street Address 1 Street Address 2
26 West Broad Street
City State/Province/Country ZIP/Postal Code
Bethlehem PENNSYLVANIA 18018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
James M. Gambaccini 4619759
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
The Strategic Financial Alliance Inc. 126514
Street Address 1 Street Address 2
3600 Chain Bridge Road
City State/Province/Country ZIP/Postal Code
Fairfax VIRGINIA 22030
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
VIRGINIA

Recipient
Recipient CRD Number    None
Brian G. Brown 810068
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
The Strategic Financial Alliance Inc. 126514
Street Address 1 Street Address 2
Century Springs East 6100 Lake Forrest Drive, Suite 485
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30328
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
GEORGIA

Recipient
Recipient CRD Number    None
Brody R. Bray 4727529
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
The Strategic Financial Alliance Inc. 126514
Street Address 1 Street Address 2
Century Springs East 6100 Lake Forrest Drive, Suite 485
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30328
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
GEORGIA

Recipient
Recipient CRD Number    None
Centaurus Financial Inc. 30833
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetaurus Financial Inc. 30833
Street Address 1 Street Address 2
2300 E. Katella Avenue Suite 200
City State/Province/Country ZIP/Postal Code
Anaheim CALIFORNIA 92806
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
MINNESOTA
NEW YORK

Recipient
Recipient CRD Number    None
Dale W. Rice Jr. 2644016
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Commonwealth Financial Network 8032
Street Address 1 Street Address 2
6701 Democracy Boulevard Suite 555
City State/Province/Country ZIP/Postal Code
Bethesda MARYLAND 20817
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MARYLAND

Recipient
Recipient CRD Number    None
Christopher M. Moran 4249353
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Commonwealth Financial Network 8032
Street Address 1 Street Address 2
6701 Democracy Boulevard Suite 555
City State/Province/Country ZIP/Postal Code
Bethesda MARYLAND 20817
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MARYLAND

Recipient
Recipient CRD Number    None
DFPG Investments Inc. 155576
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
DFPG Investments Inc. 155576
Street Address 1 Street Address 2
406 W. South Jordan Pkwy. Suite 240
City State/Province/Country ZIP/Postal Code
South Jordan UTAH 84095
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
FLORIDA
MARYLAND
MASSACHUSETTS
NEW YORK
UTAH

Recipient
Recipient CRD Number    None
Christina S. Nielson 4866971
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Primex 29394
Street Address 1 Street Address 2
349 Gulf Stream Way
City State/Province/Country ZIP/Postal Code
Costa Mesa CALIFORNIA 92627
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
FLORIDA

Recipient
Recipient CRD Number    None
Thomas Boaks II 719361
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Michigan Securities Inc. 101600
Street Address 1 Street Address 2
7333 Triangle Drive
City State/Province/Country ZIP/Postal Code
Sterling Heights MICHIGAN 48314
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MICHIGAN

Recipient
Recipient CRD Number    None
Triad Advisors Inc. 25803
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Triad Advisors Inc. 25803
Street Address 1 Street Address 2
5185 Peachtree Parkway Suite 280
City State/Province/Country ZIP/Postal Code
Norcross GEORGIA 30092
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
MARYLAND
NEW YORK

Recipient
Recipient CRD Number    None
William A. Morrow 836500
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Independent Financial Group LLC 7717
Street Address 1 Street Address 2
5075 Shoreham Place Suite 200
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92122
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Mark D. Tetreault 2453551
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Independent Financial Group LLC 7717
Street Address 1 Street Address 2
944 Koloa Street
City State/Province/Country ZIP/Postal Code
Honolulu HAWAII 96816
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
HAWAII

Recipient
Recipient CRD Number    None
Kelly H. Clyde 4825839
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Independent Financial Group LLC 7717
Street Address 1 Street Address 2
4041 MacArthur Blvd. Suite 240
City State/Province/Country ZIP/Postal Code
Newport Beach CALIFORNIA 92660
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Rocco Santorsola 2580695
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Ausdal Financial Partners Inc. 7995
Street Address 1 Street Address 2
551 Walnut Street
City State/Province/Country ZIP/Postal Code
Elk Grove Village ILLINOIS 60007
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ILLINOIS

Recipient
Recipient CRD Number    None
Lincoln Financial Advisors Corporation 3978
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Lincoln Financial Advisors Corporation 3978
Street Address 1 Street Address 2
1300 South Clinton Street Suite 150
City State/Province/Country ZIP/Postal Code
Fort Wayne INDIANA 46802
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
CALIFORNIA
MASSACHUSETTS
MICHIGAN
NEW JERSEY

Recipient
Recipient CRD Number    None
Mark S. Gopen 2989672
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
National Securities Corporation 7569
Street Address 1 Street Address 2
61 Glen Cove Road
City State/Province/Country ZIP/Postal Code
Greenvale NEW YORK 11548
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW YORK

Recipient
Recipient CRD Number    None
Alex M. Weissman 2568247
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
National Securities Corporation 7569
Street Address 1 Street Address 2
35-30 Francis Lewis Blvd. Suite 205
City State/Province/Country ZIP/Postal Code
Flushing NEW YORK 11358
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW YORK

Recipient
Recipient CRD Number    None
Ronald E. Strassburg 1141392
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Lincoln Financial Securities Corporation 3870
Street Address 1 Street Address 2
110 West Mechanic Street
City State/Province/Country ZIP/Postal Code
Wapakoneta OHIO 45895
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
OHIO

Recipient
Recipient CRD Number    None
David G. Lolley 4582305
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Lincoln Financial Securities Corporation 3870
Street Address 1 Street Address 2
136 East Maumee Street Suite 7
City State/Province/Country ZIP/Postal Code
Adrian MICHIGAN 49221
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MICHIGAN

Recipient
Recipient CRD Number    None
Damon C. Gonzalez 4274704
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cambridge Investment Research Inc. 39543
Street Address 1 Street Address 2
1413 East 15th Street
City State/Province/Country ZIP/Postal Code
Plano TEXAS 75074
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
TEXAS

Recipient
Recipient CRD Number    None
Darren S. Watson 2665603
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cambridge Investment Research Inc. 39543
Street Address 1 Street Address 2
6201 College Blvd. 7th Fl.
City State/Province/Country ZIP/Postal Code
Overland Park KANSAS 66211
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MISSOURI

Recipient
Recipient CRD Number    None
Richard J. Gow 2350424
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Lara, May & Associates LLC 145589
Street Address 1 Street Address 2
7600 Leesburg Pike Suite 120 East
City State/Province/Country ZIP/Postal Code
Falls Church VIRGINIA 22043
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MARYLAND

Recipient
Recipient CRD Number    None
Susan J. Gitt 5580509
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
EDI Financial Inc. 15699
Street Address 1 Street Address 2
1431 Greenway Drive Suite 330
City State/Province/Country ZIP/Postal Code
Irving TEXAS 75038
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ILLINOIS

Recipient
Recipient CRD Number    None
Carl F. Worden III 3130121
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
J.P. Turner & Company LLC 43177
Street Address 1 Street Address 2
3031 Tisch Way Suite 901
City State/Province/Country ZIP/Postal Code
San Jose CALIFORNIA 95128
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
WASHINGTON

Recipient
Recipient CRD Number    None
Jim Kennedy 1961588
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
VSR Financial Services Inc. 14503
Street Address 1 Street Address 2
106 South Seaman Street
City State/Province/Country ZIP/Postal Code
Eastland TEXAS 76448
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MONTANA

Recipient
Recipient CRD Number    None
Alexandro L. Filippini 5043549
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Silver Portal Capital LLC 114290
Street Address 1 Street Address 2
12265 El Camino Real Suite 230
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92130
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
John P. Gustavson 4045015
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cliftonlarsonallen Wealth Advisors LLC 38357
Street Address 1 Street Address 2
220 S. Sixth Street Suite 300
City State/Province/Country ZIP/Postal Code
Minneapolis MINNESOTA 55402-4505
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MINNESOTA

13. Offering and Sales Amounts

Total Offering Amount $26,303,970 USD
or    Indefinite
Total Amount Sold $26,303,970 USD
Total Remaining to be Sold $0 USD
or    Indefinite

Clarification of Response (if Necessary):

14. Investors

  
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
103

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $2,275,294 USD
X Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

Amount includes Selling Commissions, Dealer Fee, Placement Agent Fee.

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$1,593,561 USD
X Estimate

Clarification of Response (if Necessary):

Transaction based fees accruing to related parties.

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against it in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Regulation D for one of the reasons stated in Rule 505(b)(2)(iii) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
San Antonio Multifamily DST /s/ Keith Lampi Keith Lampi COO of Member of Signatory Trusteee 2014-12-16

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.