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
0001456294
   Corporation
   Limited Partnership
   Limited Liability Company
   General Partnership
X Business Trust
   Other (Specify)

Name of Issuer
BR PLAZA GARDENS DST
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2008
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
BR PLAZA GARDENS DST
Street Address 1 Street Address 2
399 Park Avenue 32TH FLOOR
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
NEW YORK NEW YORK 10022 (212) 843-1601

3. Related Persons

Last Name First Name Middle Name
Real Estate, LLC Bluerock
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Plaza Gardens Manager, LLC BR
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Manager of BR Plaza Gardens
Last Name First Name Middle Name
Kamfar R. Ramin
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Babb III James G
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Ruddy Jordan B
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Novacek Jerold E
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Anderson Patricia S
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Konig Michael L
Street Address 1 Street Address 2
399 Park Avenue, 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10022
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

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
X Residential
   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 505
   Rule 504 (b)(1)(i) X Rule 506
   Rule 504 (b)(1)(ii)    Securities Act Section 4(5)
   Rule 504 (b)(1)(iii)    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 2008-12-09    First Sale Yet to Occur
X Amendment

8. Duration of Offering

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

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

   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 X Other (describe)
Beneficial Interests in a Delaware Statutory Trust

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 $37,723 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
David Rumsey 5461014
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities 6390
Street Address 1 Street Address 2
144 Village Landing No. 251
City State/Province/Country ZIP/Postal Code
Fairport NEW YORK 14450
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 X None
Wes Larson None
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities 6390
Street Address 1 Street Address 2
271 NE Gilman Blvd #310
City State/Province/Country ZIP/Postal Code
Issaquah WASHINGTON 98027
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
WASHINGTON
Recipient
Recipient CRD Number    None
Donna Stevenson 2856535
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities 6390
Street Address 1 Street Address 2
23 N Main St.
City State/Province/Country ZIP/Postal Code
Angels Camp CALIFORNIA 95222
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
E. Richard Giglio 2457836
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
K-One Investment None
Street Address 1 Street Address 2
1330 Orange Ave #322
City State/Province/Country ZIP/Postal Code
Coronado Island CALIFORNIA 92118
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
Mike Bendix 5379777
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Omni Brokerage 16878
Street Address 1 Street Address 2
903 Springwood Lane
City State/Province/Country ZIP/Postal Code
Encinitas CALIFORNIA 92024
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 X None
Matt Shannahan None
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
American Independent Securities Group 135288
Street Address 1 Street Address 2
1159 E. Iron Eagle Dr, Suite 120
City State/Province/Country ZIP/Postal Code
Eagle IDAHO 83616
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
IDAHO
Recipient
Recipient CRD Number    None
Meridee Olsen 4509924
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Omni Brokerage 16878
Street Address 1 Street Address 2
18 Kings Highway N.
City State/Province/Country ZIP/Postal Code
Westport CONNECTICUT 06880
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
Ryan Smith 4340304
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
OMNI Brokerage 16878
Street Address 1 Street Address 2
406 W. South Jordan Parkway #200
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
VIRGINIA
Recipient
Recipient CRD Number    None
John Kosmicki 2093885
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Questar Capital 43100
Street Address 1 Street Address 2
910 54th Ave Suite 200
City State/Province/Country ZIP/Postal Code
Greeley COLORADO 80635
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
COLORADO
Recipient
Recipient CRD Number X None
Greg Collins None
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
American Portfolios 18487
Street Address 1 Street Address 2
2000 Old West Main
City State/Province/Country ZIP/Postal Code
Red Wing MINNESOTA 55066
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
MINNESOTA
Recipient
Recipient CRD Number    None
George Veater 1482361
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sigma Financial 14303
Street Address 1 Street Address 2
7112 N. Fresno St, Suite 280
City State/Province/Country ZIP/Postal Code
Fresno CALIFORNIA 93720
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
Michael Blackmore 2879954
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sammons Financial 115368
Street Address 1 Street Address 2
134 N. 130th St, Suite A
City State/Province/Country ZIP/Postal Code
Bonner Springs KANSAS 66012
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
Jim Mohan 2449709
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sammons Financial 115368
Street Address 1 Street Address 2
134 N. 130th St, Suite A
City State/Province/Country ZIP/Postal Code
Bonner Springs KANSAS 66012
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
Jim Weishaar 2537959
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sammons Financial 115368
Street Address 1 Street Address 2
134 N. 130th St., Suite A
City State/Province/Country ZIP/Postal Code
Bonner Springs KANSAS 66012
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
Joseph Insalaco 2978175
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
OMNI Brokerage 16878
Street Address 1 Street Address 2
2 Orr Hatch Dr.
City State/Province/Country ZIP/Postal Code
Cornwall NEW YORK 12518
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
COLORADO
Recipient
Recipient CRD Number    None
Janet Stanley 4877898
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Questar Capital 43100
Street Address 1 Street Address 2
910 54th Ave, Suite 200
City State/Province/Country ZIP/Postal Code
Greeley COLORADO 80634
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
COLORADO
Recipient
Recipient CRD Number    None
Cheryl Kitashima 729389
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Centaurus Financial 30833
Street Address 1 Street Address 2
4042 SW Henderson
City State/Province/Country ZIP/Postal Code
Seattle WASHINGTON 98136
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
WASHINGTON
Recipient
Recipient CRD Number    None
Stan Kitashima 2704782
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Centaurus Financial 30833
Street Address 1 Street Address 2
4042 SW Henderson
City State/Province/Country ZIP/Postal Code
Seattle WASHINGTON 98136
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
WASHINGTON
Recipient
Recipient CRD Number    None
John Hutcherson 1052546
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Ameriprise Financial 6363
Street Address 1 Street Address 2
406 W. Austin
City State/Province/Country ZIP/Postal Code
Fredericksburg TEXAS 78624
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
Daniel McPherson 4964802
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sammons Financial 115368
Street Address 1 Street Address 2
1488 Midway Ave
City State/Province/Country ZIP/Postal Code
Idaho Falls IDAHO 83406
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
IDAHO
Recipient
Recipient CRD Number    None
Padma Chintapalli 3041617
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
OMNI Brokerage 16878
Street Address 1 Street Address 2
5775 Wayzata Blvd, Suite 960
City State/Province/Country ZIP/Postal Code
Minneapolis MINNESOTA 55416
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
WASHINGTON
Recipient
Recipient CRD Number    None
Jack Creighton 1495897
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
OMNI Brokerage 16878
Street Address 1 Street Address 2
350 Lincoln St., Suite 2400
City State/Province/Country ZIP/Postal Code
Hingham MASSACHUSETTS 02043
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
Les Goldstein 1300590
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sigma Financial 14303
Street Address 1 Street Address 2
4261 Park Rd.
City State/Province/Country ZIP/Postal Code
Ann Arbor MICHIGAN 48103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ILLINOIS

13. Offering and Sales Amounts

Total Offering Amount $8,620,783 USD
or    Indefinite
Total Amount Sold $5,051,536 USD
Total Remaining to be Sold $3,569,247 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:
30

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 $353,607 USD
   Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

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.

$633,000 USD
   Estimate

Clarification of Response (if Necessary):

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 the issuer 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 Rule 505 exemption, the issuer is not disqualified from relying on Rule 505 for one of the reasons stated in Rule 505(b)(2)(iii).

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
BR PLAZA GARDENS DST James Gregath James Gregath CCO - Select Capital Corporation 2010-06-22

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.