LRT Company Launches $21 Million DST Investment for Ground-Leased Multifamily Site Near Hilton Head Island, S.C.

HARDEEVILLE, S.C.--(BUSINESS WIRE)-- #DST--LRT Company, a land acquisition and real estate investment firm that specializes in land entitlements and ground lease financing, and sponsors 1031 exchange offerings, announced today that it has launched LRT Hardeeville Multifamily 1 DST. The all-cash, Delaware statutory trust private placement seeks to raise $21 million in equity. The offering is LRT's fifth Delaware statutory trust of a property ground-leased for development; the company's four prior DST o.