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
0001872889
   Corporation
   Limited Partnership
   Limited Liability Company
   General Partnership
   Business Trust
X Other (Specify)

Delaware Statutory Trust
Name of Issuer
BR Lake Linganore, DST
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2021
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
BR Lake Linganore, DST
Street Address 1 Street Address 2
1345 AVENUE OF THE AMERICAS 32ND FLOOR
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
NEW YORK NEW YORK 10105 2084752380

3. Related Persons

Last Name First Name Middle Name
Kamfar R. Ramin
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Founder & Chief Executive Officer of Bluerock Real Estate, L.L.C., an affiliate of the Sponsor
Last Name First Name Middle Name
Ruddy Jordan B.
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Chief Operating Officer of Bluerock Real Estate, L.L.C., an affiliate of the Sponsor
Last Name First Name Middle Name
Hoffman Joshua M.
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

President of Bluerock Value Exchange LLC, the Sponsor
Last Name First Name Middle Name
Konig Michael S.
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Senior Vice President of Bluerock Real Estate, L.L.C., an affiliate of the Sponsor
Last Name First Name Middle Name
MacDonald Ryan S.
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Chief Acquisitions Officer of Bluerock Real Estate, L.L.C, an affiliate of the Sponsor
Last Name First Name Middle Name
DiFranco Michael
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Executive Vice President - Operations of Bluerock Real Estate, L.L.C, an affiliate of the Sponsor
Last Name First Name Middle Name
Johnson Caroline
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Vice President - Finance of Bluerock Real Estate, L.L.C., an affiliate of the Sponsor
Last Name First Name Middle Name
LLC Bluerock Value Exchange
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Sponsor
Last Name First Name Middle Name
L.L.C. Bluerock Real Estate
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/PostalCode
New York NEW YORK 10105
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

An affiliate of the Sponsor

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 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
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

X New Notice Date of First Sale 2021-07-14    First Sale Yet to Occur
   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)

   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)
Class 1 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 $100,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Whitehall-Parker Securities, Inc. 10608
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
117 Paul Drive Suite B
City State/Province/Country ZIP/Postal Code
San Rafael CALIFORNIA 94903
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
OREGON
TEXAS
NEVADA
WASHINGTON
NEW YORK
VIRGINIA
COLORADO
SOUTH CAROLINA
CONNECTICUT
ARIZONA
GEORGIA
IDAHO
MICHIGAN
NEW JERSEY
CALIFORNIA
NEW MEXICO
UTAH
Recipient
Recipient CRD Number    None
Capulent LLC 155155
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
4144 N 44th Street STE 3
City State/Province/Country ZIP/Postal Code
Phoenix ARIZONA 85018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
DELAWARE
TEXAS
FLORIDA
NEVADA
WASHINGTON
NEW YORK
SOUTH CAROLINA
SOUTH DAKOTA
WISCONSIN
MASSACHUSETTS
MARYLAND
IOWA
MAINE
OHIO
GEORGIA
IDAHO
MICHIGAN
OKLAHOMA
CALIFORNIA
UTAH
WEST VIRGINIA
MISSOURI
ILLINOIS
OREGON
MONTANA
KANSAS
ALASKA
ALABAMA
VIRGINIA
COLORADO
ARKANSAS
CONNECTICUT
PENNSYLVANIA
LOUISIANA
NORTH CAROLINA
NORTH DAKOTA
NEBRASKA
RHODE ISLAND
ARIZONA
NEW HAMPSHIRE
NEW JERSEY
VERMONT
DISTRICT OF COLUMBIA
NEW MEXICO
Recipient
Recipient CRD Number    None
Aurora Securities 46147
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
2565 West Maple
City State/Province/Country ZIP/Postal Code
Troy MICHIGAN 48084
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
HAWAII
OREGON
TEXAS
INDIANA
FLORIDA
ALASKA
WASHINGTON
COLORADO
CONNECTICUT
WISCONSIN
LOUISIANA
NORTH CAROLINA
MARYLAND
NEBRASKA
ARIZONA
OHIO
GEORGIA
IDAHO
MICHIGAN
NEW JERSEY
OKLAHOMA
CALIFORNIA
Recipient
Recipient CRD Number    None
LightPath Capital, Inc 34617
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
1560 E. Southlake Blvd Suite 100
City State/Province/Country ZIP/Postal Code
Southlake TEXAS 76092
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
HAWAII
OREGON
TEXAS
FLORIDA
MISSISSIPPI
MONTANA
NEVADA
WASHINGTON
ALABAMA
NEW YORK
VIRGINIA
COLORADO
CONNECTICUT
PENNSYLVANIA
MASSACHUSETTS
NORTH CAROLINA
ARIZONA
OKLAHOMA
CALIFORNIA
NEW MEXICO
Recipient
Recipient CRD Number    None
Nextrend Securities, Inc. 43710
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
State of Texas Address Confidentiality
City State/Province/Country ZIP/Postal Code
Austin TEXAS 78711
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
TEXAS
FLORIDA
NEVADA
WASHINGTON
NEW YORK
SOUTH CAROLINA
WISCONSIN
MASSACHUSETTS
MARYLAND
MAINE
OHIO
GEORGIA
MICHIGAN
OKLAHOMA
CALIFORNIA
UTAH
ILLINOIS
INDIANA
MISSISSIPPI
MONTANA
ALABAMA
COLORADO
KENTUCKY
CONNECTICUT
PENNSYLVANIA
ARIZONA
NEW JERSEY
NEW MEXICO
Recipient
Recipient CRD Number    None
Kalos Capital, Inc. 44337
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
11525 Park Woods Circle Suite 280
City State/Province/Country ZIP/Postal Code
Alpharetta GEORGIA 30005
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Concorde Investment Services, LLC 151604
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
19500 Victor Parkway Suite 550
City State/Province/Country ZIP/Postal Code
Livonia MICHIGAN 48152
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Purshe Kaplan Sterling Investments 35747
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
80 State Street
City State/Province/Country ZIP/Postal Code
Albany NEW YORK 12207
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Growth Capital Services, Inc. 124658
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
9032 Soquel Drive
City State/Province/Country ZIP/Postal Code
Aptos CALIFORNIA 95003
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
International Assets Advisory, LLC 10645
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
390 North Orange Avenue Suite 750
City State/Province/Country ZIP/Postal Code
Orlando FLORIDA 32801
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Colorado Financial Service Corporation 104343
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
188 Inverness Drive West Suite 100
City State/Province/Country ZIP/Postal Code
Centennial COLORADO 80112
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Invicta Capital LLC 288101
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
2790 Mosside Boulevard Suite 530
City State/Province/Country ZIP/Postal Code
Monroeville PENNSYLVANIA 15146
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
DELAWARE
TEXAS
FLORIDA
WASHINGTON
NEW YORK
SOUTH CAROLINA
MASSACHUSETTS
MARYLAND
IOWA
MAINE
OHIO
GEORGIA
MICHIGAN
CALIFORNIA
UTAH
WEST VIRGINIA
MINNESOTA
MISSOURI
ILLINOIS
INDIANA
KANSAS
VIRGINIA
COLORADO
KENTUCKY
CONNECTICUT
PENNSYLVANIA
LOUISIANA
NORTH CAROLINA
NEBRASKA
ARIZONA
NEW JERSEY
VERMONT
DISTRICT OF COLUMBIA
Recipient
Recipient CRD Number    None
Newbridge Securities Corporation 104065
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
1200 North Federal Highway Suite 400
City State/Province/Country ZIP/Postal Code
Boca Raton FLORIDA 33432
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Hilltop Securities Inc. 6220
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
717 N. Harwood Street Suite 3400
City State/Province/Country ZIP/Postal Code
Dallas TEXAS 75201
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Centaurus Financial, Inc. 30833
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
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		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Arkadios Capital 282710
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
309 East Paces Ferry Road Suite 1000
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30305
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Independent Financial Group, LLC 7717
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
12671 High Bluff Drive Suite 200
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		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
RCX Capital Group, LLC 114290
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
2002 Timberloch Place Suite 200
City State/Province/Country ZIP/Postal Code
The Woodlands TEXAS 77380
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Calton & Associates, Inc. 20999
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
2701 N Rocky Point Drive Suite 1000
City State/Province/Country ZIP/Postal Code
Tampa FLORIDA 33607
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
DAI Securities, LLC 36673
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
2200 Century Parkway NE Suite 435
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30345
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Kovack Securities Inc. 44848
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
6451 N. Federal Highway Suite 1201
City State/Province/Country ZIP/Postal Code
Ft. Lauderdale FLORIDA 33308
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
NPB Financial Group, LLC 137743
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
3500 W. Olive Avenue 3rd Floor
City State/Province/Country ZIP/Postal Code
Burbank CALIFORNIA 91505
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
DELAWARE
HAWAII
TEXAS
FLORIDA
NEVADA
WASHINGTON
NEW YORK
SOUTH CAROLINA
SOUTH DAKOTA
WISCONSIN
MASSACHUSETTS
MARYLAND
IOWA
MAINE
OHIO
GEORGIA
IDAHO
MICHIGAN
OKLAHOMA
CALIFORNIA
UTAH
WEST VIRGINIA
MINNESOTA
MISSOURI
WYOMING
ILLINOIS
OREGON
INDIANA
MONTANA
ALASKA
ALABAMA
VIRGINIA
COLORADO
KENTUCKY
ARKANSAS
CONNECTICUT
PENNSYLVANIA
LOUISIANA
NORTH CAROLINA
NEBRASKA
RHODE ISLAND
ARIZONA
NEW HAMPSHIRE
TENNESSEE
NEW JERSEY
VERMONT
DISTRICT OF COLUMBIA
NEW MEXICO
Recipient
Recipient CRD Number    None
McDermott Investment Services, LLC 154926
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
44 East Broad Street 2nd Floor
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		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Patrick Capital Markets, LLC 16518
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
7401 Watson Road Suite 88
City State/Province/Country ZIP/Postal Code
St Louis MISSOURI 63119
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Emerson Equity LLC 130032
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
155 Bovet Road Suite 725
City State/Province/Country ZIP/Postal Code
San Mateo CALIFORNIA 94402
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Infinex Investments, Inc. 35371
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
538 Preston Avenue
City State/Province/Country ZIP/Postal Code
Meriden CONNECTICUT 06450
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Bluerock Capital Markets LLC 136974
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
1345 Avenue of the Americas 32nd Floor
City State/Province/Country ZIP/Postal Code
New York NEW YORK 10105
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount $50,141,107 USD
or    Indefinite
Total Amount Sold $7,522,455 USD
Total Remaining to be Sold $42,618,652 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:
17

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 $4,337,206 USD
   Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

Selling commissions of up to 6% + marketing and due diligence expense allowance of up to 1.25% + MBD fee up to 1.4% of total sales of the interests

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.

$4,994,267 USD
X Estimate

Clarification of Response (if Necessary):

organizational & offering expenses + acquisition fee + loan carry costs + other closing costs

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 Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) 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
BR Lake Linganore, DST /s/ Joshua M. Hoffman Joshua M. Hoffman President of the Sponsor of the Issuer 2021-07-21

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.