1031 DST Private Placement Investment Overview
Suppose you are concerned about investment losses in a 1031 Delaware Statutory Trust (DST) private placement investment and want to learn more about their risks. In that case, the securities attorneys at the White Law Group may be able to help you by filing a claim against your brokerage firm.
What is a 1031 DST Private Placement Investment?
A 1031 Delaware Statutory Trust private placement investment refers to an investment structure that combines two key elements:
1. 1031 Exchange
This refers to a section of the U.S. Internal Revenue Code (IRC) that allows investors to defer paying capital gains taxes on the sale of investment property by reinvesting the proceeds into another “like-kind” property within a specified time frame.
The goal of a 1031 exchange is to preserve the investor’s capital by deferring taxes while continuing to invest in real estate. The tax advantages of 1031 DST private placements make them an attractive investment product.
2. Delaware Statutory Trust (DST):
A DST is a legal entity used to hold real estate properties. It allows multiple investors to pool their resources to own fractional interests in a property or portfolio. DST investors are passive owners, meaning they have no active management responsibilities. The trustee or sponsor of the DST manages the property. The passive management aspect of 1031 DST private placements is a secondary advantage to this investment product.
What about the Private Placement Aspect?
A private placement means the DST investment is offered to accredited investors (those meeting certain income or net worth requirements) through a private offering rather than a public stock exchange.
These investments are often structured as Regulation D offerings under the Securities Act, allowing sponsors to raise capital privately from qualified investors.
1031 DST Private Placement Offerings – Sales in 2024
Delaware Statutory Trust (DST) offerings surpassed Mountain Dell Consulting’s 2024 equity raise prediction of $5.5 billion, reaching nearly $5.66 billion by December 31, 2024, a 10.2% increase from November’s $5.14 billion, according to The DI Wire. This represents a 12% increase compared to the $5.04 billion raised in 2023.
According to Market Real Estate, in 2023 and 2024, 1031 Delaware Statutory Trusts (DST) private placements have continued to attract significant investment interest, particularly among aging property owners seeking passive real estate opportunities. Equity in the securitized 1031 market, predominantly comprised of DSTs, expanded to $21.6 billion from 2021 to 2023, a substantial increase from the $9.16 billion recorded between 2017 and 2020. While Delaware Statutory Trusts (DSTs) have attracted significant investment, it’s essential to recognize potential challenges and sector-specific performance issues:
General Risks and Negative Outcomes of 1031 DST Private Placements
Illiquidity: DST investments are inherently illiquid, making it difficult for investors to access their capital quickly.
Lack of Control: Investors relinquish management decisions to the trustee, which can be disadvantageous if issues arise. The most significant risk for investors may be a lack of control over when the investment will be sold.
Market Sensitivity: DSTs are susceptible to real estate market fluctuations, which can impact property values and rental income.
Sector-Specific Performance
Multifamily Housing: The influx of new supply in the multifamily sector has led to concerns about potential oversupply, which may suppress future rent increases and overall returns in 1031 DST private placement investments.
Retail Properties: The retail sector continues to face challenges due to the rise of e-commerce and changing consumer behaviors, leading to higher vacancy rates and decreased rental income for retail-focused DSTs.
Office Spaces: The shift towards remote work has reduced demand for office spaces, potentially affecting occupancy rates and returns in office sector DSTs.
DST vs TIC: What’s the difference?
Traditionally, investors have taken this route through tenant-in-common investments (or TICs). However, recently, 1031 Delaware Statutory Trust (or DST) private placements, which have a similar structure, have become popular with investors. While there are many similarities between TICs and DSTs in form and structure, there are some important differences.
A tenancy-in-common is a type of property ownership in which multiple people share ownership of a certain property, while a Delaware Statutory Trust is a type of trust established to invest in real estate or other assets.
A key difference between 1031 DST private placements and TICs is that a tenancy-in-common provides each owner with a distinct share of the property. In contrast, a Delaware Statutory Trust interests the beneficiaries in the trust itself. Another notable difference is that a tenancy-in-common does not offer limited liability protection to its owners, while a Delaware Statutory Trust provides limited liability protection to its beneficiaries.
1031 Delaware Statutory Trust (DST) Private Placement Tax Advantages
DSTs give you the same tax benefits as direct absolute property ownership or a TIC, including mortgage interest deduction. Also, most people purchase a DST by performing a 1031-like exchange, allowing the purchaser to defer capital gains on a previous investment.
This can make DST investments attractive to older real estate investors who still want the benefits of real estate ownership but without the hassle. Brokerage firms that sell 1031 DST private placement investments often recommend DSTs based on the tax deferral, income potential, and lack of day-to-day management. However, there are downside risks.
Additional Downside Risks of DST Investments
Once the trust is formalized, no future equity contributions can be made to the DST. DSTs cannot renegotiate the terms of existing loans or add new loans, and they cannot reinvest the proceeds from the sale of their investment real estate.
The only capital expenditures the 1031 DST private placement can make concerning the property are those for regular repair and maintenance, minor non-structural capital improvements, and those required by law. These limitations can be catastrophic in volatile market climates (i.e., when the market declines and tenants fail to renew or pay their rent).
FINRA Brokerage Firm Responsibilities involving a 1031 Delaware Statutory Trust (DST)
FINRA registered broker-dealers must perform adequate due diligence on all investment recommendations when selling any investment. They must ensure that each 1031 DST private placement investment recommendation is suitable for the investor, considering the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
Given the untraditional nature of DSTs compared to more traditional investments like ETFs or mutual funds, brokerage firms have additional duties when selling DSTs.
Specifically, FINRA considers DSTs to be “non-conventional investments.” Notice to Member 03-71 (“NTM 03-71”) reminded brokers and broker-dealers of their requirements regarding the sale of non-conventional investments (NCIs).
The notice to members specifically requires broker-dealers that sell NCIs like 1031 DST private placement to, among other things, conduct (1) appropriate due diligence, (2) perform a reasonable-basis suitability analysis, (3) perform customer-specific suitability analysis for recommended transactions, (4) provide a balanced disclosure of the risks and rewards associated with a particular product, especially when selling to retail investors; (5) implement appropriate internal controls; and (6) train registered persons regarding the features, risks, and suitability of these products.
Appropriate Due Diligence for 1031 DST Private Placements
NTM 05-18 also reinforced these essential obligations and directed the message to Members specifically to TIC sales (as stated above, TICs and DSTs are structured very similarly). This notice also reminded brokers that sell TICs to, among other things, conduct:
(1) appropriate due diligence,
(2) perform a reasonable-basis suitability analysis,
(3) perform customer-specific suitability analysis for recommended transactions, and
(4) ensure that promotional materials are accurate.
Regarding the tax advantages of 1031 DST private placements, NTM 05-18 also reminds firms of their requirement to balance the potential tax savings provided by performing a 1031 exchange with the costs of purchasing a particular TIC property. This can be an essential consideration when deciding whether to buy a DST. While a 1031 exchange may allow an investor to defer capital gains on the sale of an investment, if the cost of the replacement investment is the same or more than the tax benefits, then the risk and other downsides of 1031 DST private placement must be a more significant consideration.
As stated above, brokerage firms often focus on the tax advantages and income potential of DSTs and downplay the risks, illiquidity, and costs. However, FINRA rules require them to balance these considerations before making any DST recommendations, and brokerage firms’ failure to properly disclose and account for these risks is often where they get in trouble when selling these products.
FINRA Arbitration to Recover Investment Losses in 1031 Delaware Statutory Trust (DST) Private Placements
The Financial Industry Regulatory Authority (FINRA) oversees brokerage firm activities and enforces rules and regulations related to securities.
You can recover investment losses through FINRA arbitration by filing a claim against your brokerage firm. Once you’ve retained a securities fraud attorney, filing a claim through FINRA could take place. This claim should include a description of the fraud, the amount of money lost, and any supporting documentation.
Once the claim is filed, FINRA will appoint an arbitrator to hear the case about losses related to investments in 1031 DST private placements. The arbitrator is responsible for reviewing the evidence and deciding whether you are entitled to restitution. If the arbitrator rules in your favor, they will award damages.
Is a Delaware Statutory Trust (DST) Investment Suitable for You?
Your financial advisor should only recommend investments that are suitable for their clients. The advisor should conduct a suitability analysis based on your liquidity needs, time horizon, risk tolerance, age, and income prior to recommending any investment. Once that is completed, the brokerage firm must ensure that due diligence is completed at every level before recommending that a client invest in 1031 DST private placements.
Fortunately, investors who purchase a DST investment through a brokerage firm can recover investment losses through FINRA arbitration.
The White Law Group exclusively represents investors in claims against brokerage firms through the FINRA arbitration process. If you suffered losses investing in a Delaware Statutory Trust (DST), please call 1-888-637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois, and Seattle, Washington.
1031 Delaware Statutory Trust (DST) Private Placement Sponsors
Like TICs, DSTs are generally put together by investment sponsors that find the property and then sell the DST interests to individuals. Often, DST sponsor companies use brokerage firms to find individuals to invest in.
For this service, brokerage firms are generally paid a high commission, often 7% or higher (a 7% upfront commission is well in excess of the commissions offered to financial advisors selling annuities or mutual funds, which creates an inherent conflict of interest for advisors recommending DST investments).
Frequently Asked Questions
How long is the holding period for investments in 1031 DST private placements?
While the holding times vary between DSTs, most last between five and ten years; during these holding periods, investors typically cannot access the funds invested in the DST. This can make DSTs unsuitable for investors needing immediate access to liquid cash. They are thus better suited for investors who either have high net worth or are using them as a component of a long-term investment strategy.
What happens if the DST sponsor or trustee goes bankrupt or mismanages the property?
Unfortunately, investors typically cannot recover their investment if the sponsor mismanages the property or goes bankrupt. This is one of the key risks associated with investing in this type of investment product. Investors must be wary of the sponsor with whom they are choosing to invest their money. They should be prepared to ask their brokers questions about the sponsor’s history and performance before reaching a final decision.
The following is a list of 1031 DST private placement sponsors that create Delaware Statutory Trust investment deals and their offerings:
AEI
AEI Net Lease Portfolio DST
AEI Healthcare Portfolio DST
AEI Net Lease PORTFOLIO 19 DST
ARCTRUST
ARCTRUST Phoenix DST
ARCTRUST Vestal Home Improvement DST
ARCTRUST Essential Property, DST
ARCTRUST Industrial DST
ARCTRUST Somerset Pharmacy DST
Ares Diversified Real Estate Exchange LLC
ADREX Clearwater DST
ADREX Diversified 3 DST
ADREX Diversified 4 DST
ADREX Diversified 5 DST
ADREX Diversified I DST
ADREX Diversified II DST
ADREX Multifamily I DST
Ares Industrial Real Estate Exchange LLC
AIREX Portfolio 7 DST
AIREX Portfolio IV DST
AIREX Portfolio V DST
AIREX Portfolio VI DST
American Capital Group
Palms at Morada DST
Arrimus Capital
ACA Illinois Tier 1 Student Housing DST
ACA Stadium View Student Housing DST
BDP Holdings
Baker Tilly/BT REI Manager LLC
BT Bloomington Student Housing DST
BT Mankato Student Housing DST
BT Ames Student Housing DST
Black Creek Industrial Exchange
BC Industrial Exchange Portfolio I DST
BC Industrial Exchange Portfolio III DST
BC Industrial Exchange Portfolio II DST
BC Exchange Clayton Commerce Center DST
BC Exchange Reno Logistics Center DST
BC Exchange Logistics Portfolio DST
Bluerock Value Exchange
BR Diversified Industrial Portfolio II, DST
BR Diversified Industrial Portfolio I, DST
BR 79 West, DST
BR Harrison Trace, DST
BR Lake Linganore DST
BR Flats 170, DST
BR Greylyn Portfolio, DST
BR Gate DST
BR DeSoto DST
BR Meadows, DST
Cantor Fitzgerald
CF ON3 Lifesciences Parent DST
CF Weston Multifamily DST
CF Legacy at Fox Valley Multifamily DST
CF Livonia DST
CF Net Lease Portfolio V DST
CF Net Lease Portfolio IV DST
CF Retail Properties VI DST
CF Westchester Multifamily DST
CF Pearland Multifamily DST
CF Archer Multifamily DST
CF Pillar Partners, LP
CF Palms Multifamily DST
CF Arrabella Multifamily DST
CF West End Multifamily DST
CF Glenmuir Multifamily DST
CF Industry Multifamily DST
CF Valencia Life Sciences DST
CF Texas Multifamily Portfolio DST
CF Bala Woods Multifamily DST
CF Chisholm Multifamily DST
CF Kacey Multifamily DST
CF Riverview Multifamily DST
CF Mount Comfort DST
CF Tribeca Multifamily DST
Capital Square 1031
CS1031 Holiday MHC, DST
CS1031 Asheville NC Apartments Portfolio, DST
CS1031 Lyric at Norton Commons Apartments, DST
CS 1031 Tapestry West Apartments DST
CS1031 FarmHaus Apartments DST
CS1031 Zero Coupon LV Training Facility DST
CS1031 Parkland Apartments DST
CS1031 Lakeside at Riverwatch, DST
CS1031 Country Lakes Village MHC, DST
CS1031 The Trails at Short Pump Apartments DST
CS1031 Hunter’s Chase Apartments, DST
CS1031 Village at Westland Cove Apartments, DST
CS1031 Twin Palms MHC, DST
CS1031 Coach House MHC, DST
CS1031 17 Broad Apartments, DST
CS1031 Midway Estates MHC, DST
CS1031 Livingston Apartment Flats, DST
CS1031 MOB AZ I, DST
CS1031 Lullwater at Big Ridge Apartments, DST
CS1031 MOB TX VII, DST
CS1031 Integra Vistas Apartments, DST
CS1031 Sun Key Village MHC, DST
CS1031 SouthLawn Lawrenceville Apartments, DST
CS1031 Foxwood Village MHC, DST
CS1031 Streets of Greenbrier Apartments, DST
CS1031 SomerHill Farms Apartments, DST
CS1031 Colorado Power, DST
CS1031 Canopy at Ginter Park Apartments DST
CS1031 California Data Center, DST
CS1031 Whispering Pines MHC, DST
CS1031 The Falls at Ormond Beach MHC, DST
CS1031 Marina Pointe Apartments, DST
CS1031 Maplewood Estates MHC, DST
CS1031 Harbor View MHC, LLC
CS1031 Residence at Riverwatch Apartments, DST
CS1031 SE MOB Portfolio, DST
CS1031 Fairlane Harbor MHC, DST
CS1031 Abbington Place Apartments, DST
CS1031 MOB TX VI, DST
CS1031 Midwest Industrial, DST
CS1031 Augusta MOB, DST
CS1031 SE Apartment Portfolio, DST
CS1031 So Cal MOB, DST
CS1031 Houston Memory Care II, DST
CS1031 Midwest Dialysis, DST
CS1031 Carolina Tech HQ, DST
CS1031 Carolina Industrial, DST
CS1031 Houston Memory Care, DST
CS1031 Old Towne Loft Apartments, DST
CS1031 Jacksonville FL HQ, DST
CS1031 Ashland MOB, DST
CS1031 Diversified Dialysis Portfolio, DST
CS1031 Tampa Pharma, DST
CS1031 High Ridge Apartments, DST
CS1031 California MOB I, DST
CS1031 Louisburg MOB, DST
CS1031/Kay Alexander Pointe Apartments, DST
CS1031/Kay Maple Springs Apartments, DST
CS1031 Kinston MOB, DST
CS1031 Morganton MOB, DST
CAI Investments
CAI INVESTMENTS RENO-TAHOE, DST
CAI INVESTMENTS KANSAS CITY, DST
CAI Investments Lake Forest Global HQ, DST
CAI Investments Coatesville DST
CAI Investments Daytona, DST
CAI Investments Healthcare Products I, DST
CAI Investments Healthcare Products II, DST
CAI Investments Medical Products I, DST
Carter Exchange
CX Texas Industrial, DST
CX Partners Fund 2 Ltd
CX Evergreens at Mahan, DST
CX Mode at Hyattsville, DST
CX Heritage, DST
CX Station at Savannah Quarters, DST
CX Owings Mills Multifamily, DST
CX Station at Clift Farm, DST
CX Palo Verde Holdings Ltd.
CX Retreat at the Park, DST
CX Lullwater at Blair Stone, DST
CX Multifamily Portfolio, DST
CX EOS Orlando, DST
CX Foundry Yards, DST
CX Residences at Congressional Village, DST
CX Station at Clift Farm, DST
CX Lively Indigo Run, DST
CX Midwest Industrial Logistics, DST
CX Station at Poplar Tent, DST
CX Station at Savannah Quarters, DST
CX Alexandria, DST
CX Courts of Avalon, DST
CX Highland, DST
CX Riverstone, DST
CX Liberty Mill, DST
CX Evergreens at Mahan, DST
CX Residences at Congressional Village, DST
CX Mode at Hyattsville, DST
CX Highland, DST
CX Reagan Crossing, DST
CX Cypress McKinney Falls, DST
Core Pacific Advisors
CPA Arbour Commons DST
Core Pacific Crosslakes DST
CPA Franklin Industrial DST
Collective Apartments DST
CPA Cue Luxury Apartments DST
Cove Capital
Cove Net Lease Distribution 57 DST
Cove Net Lease Medical 52 DST
Cove Pharmacy Net Lease 45
Cove Net Lease Income Fund 18, LLC
Cove San Antonio Multifamily 33 DST
Cove Airport Medical DST
Cove Debt Free Charlotte Pharmacy DST
Cove Debt Free Maplewood Industrial DST
Cove Debt Free Maryland Medical DST
Cove Debt Free Tacoma Data Center DST
Cove Debt Free Washington Pharmacy DST
Cove Debt Free Winston-Salem Distribution DST
Cove Net Lease Distribution 44 DST
Cove LaPlace Dialysis 26 DST
Cove Tractor Net Lease 45 DST
Cove Shreveport Pharmacy DST
Cove Essential Missouri 27 DST
Cove Thistlewood Townhomes DST
Cove Austin 305 Flats, LLC
Cove Dulles Distribution DST
Cove Missoula Multifamily DST
Cove Essential Net Lease 32 DST
Cove E-Commerce Distribution DST
Cove Essential Net Lease 24 DST
Cove Houston Multifamily 42 DST
Cove Essential Net Lease 25 DST
Cove Omaha MSA DST
Cove Seattle Multifamily DST
Cove Cocoa Dialysis 31 DST
Cove Wyoming Distribution DST
Cove Phoenix Pharmacy DST
Cove NYC Metro DST
Cove Airport Distribution 21 DST
Cove Texas Industrial DST
Cove Atlanta Medical DST
Cove Florida Dialysis 22 DST
Cove Louisville Industrial 19 DST
Cove Multifamily Income Fund 28, LLC
Cove Medical Net Lease 43 DST
Cove DC MSA Medical DST
Cove San Antonio Multifamily 29, LLC
Cove Greenville 17 DST
Cove Net Lease Income Fund 18, LLC
Cove Fast Food 16 DST
Cove Essential Net Lease 30 DST
Croatan Investments
Croatan Luna Pointe DST
Croatan Addicks Stone Village DST
Croatan North Oaks DST
Cunat Exchange
Cunat Exchange DST I
Cunat Exchange DST II
Cunat Exchange DST III
Cunat Exchange DST IV
DPM Self Storage
DPM SELF STORAGE ST CHARLES DST
DPM SELF STORAGE SAGINAW DST
DPM SELF STORAGE COLUMBUS DST
Essex Realty Investments (ERI)
ERI (Fayetteville) DS
ExchangeRight
Lakeside at Arbor Place DST
ExchangeRight Net Leased Portfolio 34 DST
ExchangeRight Value Added Portfolio 1 DST
ExchangeRight Net Leased Portfolio 28 DST
Four Springs TEN31 Xchange
FSC Healthcare 7 DST
FSC Industrial III DST
FSC Automotive I DST
FSC Healthcare II DST
FSC Industrial 7 DST
FSC Industrial 6 DST
FSC Industrial 8 DST
FSC Industrial 9 DST
FSC Healthcare II DST
FSC Healthcare III DST
FSC Industrial IV DST
FSC Diversified 2 DST
FSC HEALTHCARE IV DST
FSC AS Jonesboro AR, DST
FSC AS Mt. Juliet TN DST
FSC MRC Odessa TX, DST
FSC GM Lebanon IN, DST
FSC AS Jonesboro AR DST
FSC BJ Tilton NH, DST
Go Store It
GO STORE IT ASHEVILLE II, DST NC
Go Store It Asheville Storage DST NC
GO STORE IT ATLANTA DST NC
Go, Store It Bluffton Storage DST
Go Store It Charleston Gregorie DST
GO STORE IT CHARLESTON II DST
Go Store It Charleston III DST
Go Store It Charleston Storage DST
GO STORE IT, CHARLOTTE, DST
GO STORE IT CHARLOTTE II DST
GO STORE IT CONCORD STORAGE DST
GO STORE IT CROSSVILLE DST
Go Store It Fletcher Storage DST
Go Store It Greenville Storage DST
Go Store It Hampton Roads DST
GO STORE IT HILTON HEAD II DST
Go Store It Kennesaw, LLC
Go Store It Louisville LLC
Go Store It Louisville Storage DST
Go Store It Mt. Pleasant, LLC
GO STORE IT NANTUCKET STORAGE DST
Go Store It Naples Storage, DST
GO STORE IT NASHVILLE STORAGE DST
Go Store It Nashville, LLC
Go Store It North Carolina, DST
Go Store It Orlando DST NC
Go Store It Raleigh Storage DST NC
Go Store It Richmond Storage, DST NC
Go Store It Wilmington II, DST NC
GO STORE IT WILMINGTON III DST NC
Go Store It Wilmington Storage DST
Griffin Capital Guardians of Wealth
Hamilton Zanze (HZ)
HZ Crestone DST
HZ Deer Valley DST
HZ Greens DST
HZ Bellevue DST
HZ Cantare DST
HZ Rivertop DST
HZ DST Credit Fund I, LLC
HZ Kirkwood DST
HZ Signature Point DST
HZ Echelon DST
HZ Jefferson Square DST
HZ Foothills DST
HZ Steelyard DST
Hasta DST Ventures
Hasta Multifamily DST
IDEAL Capital Group Holdings, LLC
ICG1031 Hudson, DST
ICG1031 Tempe DST
Inland Private Capital Corporation
VA Coastal Logistics DST
IPC Student Housing Portfolio DST
Essential Net Lease Portfolio DST
IPC Industrial Portfolio DST
Franklin WI Multifamily DST
Kansas City MSA Senior Living DST
Huntsville SFR DST
Diversified Residential Portfolio II DST
Grand Rapids Multifamily DST
Rochester MN Senior Living DST
Ft. Collins Multifamily III DST
National Multifamily Portfolio III DST
Rancho Cordova Retail Center, L.L.C.
Riverdale Multifamily DST
Sun Belt Multifamily Portfolio DST
FL-NY Multifamily Portfolio DST
Milwaukee MSA Multifamily Portfolio DST
Texas Healthcare Portfolio DST
Midwest Senior Living Portfolio DST
Dallas Multifamily DST
Denver MSA Multifamily II DST
Brighton Multifamily DST
NC Student Housing Portfolio DST
Florida Multifamily Portfolio DST
Self-Storage Portfolio III DST
Colorado Multifamily Portfolio IV DST
San Marcos Student Living DST
Park Creek Steeple Multifamily DST
Orlando Student Housing DST
Phoenix MSA Multifamily DST
Gulf Coast Industrial DST
East Coast Wholesale Portfolio DST
Zero Coupon Ann Arbor Lab DST
Zero Coupon AZ Fulfillment DST
Zero Coupon Chicagoland Office DST
Zero Coupon Essential Portfolio DST
Zero Coupon Essential Portfolio II DST
Zero Coupon MI Office DST
Zero Coupon OH Fulfillment DST
Zero Coupon Pharmacy DST
Zero Coupon Pharmacy II DST
Zero Coupon Pharmacy III DST
Zero Coupon Pharmacy IV DST
Zero Coupon Pharmacy V DST
Zero Coupon Pharmacy VI DST
Zero Coupon Pharmacy VII DST
Zero Coupon Pharmacy VIII DST
Zero Coupon UT Office DST
InCommerical
InCommercial Net Lease DST 1
InCommercial Net Lease DST 2
InCommercial Net Lease DST 3
InCommercial Net Lease DST 4
InCommercial Net Lease DST 5
InCommercial Net Lease DST 6
Inspired Healthcare Capital LLC
Inspired Senior Living of Athens DST
Inspired Senior Living of Las Vegas DST
Inspired Senior Living of Fort Myers DST
Inspired Senior Living of Appleton DST
Inspired Senior Living of Dartmouth DST
Inspired Senior Living of Chesterfield DST
Inspired Senior Living of North Haven DST
Inspired Senior Living of Grapevine DST
Inspired Senior Living of Pinellas Park DST
Inspired Senior Living of Eugene DST
Inspired Senior Living of Reno DST
Inspired Senior Living of Lake Orion DST
Inspired Senior Living of Arlington Heights DST
Inspired Senior Living of Mequon DST
Inspired Senior Living of Delray Beach DST
Inspired Senior Living of Brookhaven DST
Inspired Senior Living of Carson Valley DST
Inspired Senior Living of Augusta DST
Inspired Senior Living of St. Petersburg DST
Inspired Senior Living of Largo DST
Inspired Senior Living of Dunedin DST
Inspired Senior Living of Melbourne DST
Inspired Senior Living of Round Rock DST
Inspired Senior Living of Naperville DST
Inspired Senior Living of San Marcos DST
Inspired Senior Living of Hamilton DST
IHC – Ashbrook DST
IHC – Candle Light Cove DST
IHC – Peachtree DST
JLL Exchange
JLLX Ardenwood I, DST
JLLX Ardenwood II, DST
JLLX Diversified II, DST
JLLX Diversified III, DST
JLLX Friendship Distribution, DST
JLLX Johns Creek, DST
JLLX LOUISVILLE AIRPORT DISTRIBUTION CENTER DST
JLLX Louisville Logistics Center, DST
JLLX Mason Mill, DST
JLLX Milford Crossing, DST
JLLX Montecito Marketplace, DST
JLLX Penfield, DST
JLLX Reserve at Venice, DST
JLLX Rockwell Apartments, DST
JLLX San Marcos, DST
JLLX SJC Medical Office, DST
JLLX Stony Point, DST
JLLX Taunton Distribution Center, DST
JLLX The Preserve at the Meadows, DST
JLLX Townlake of Coppell, DST
JLLX Villas at Legacy, DST
JLLX West Phoenix Distribution Center DST
JLLX Whitestown, DST
Landmark Dividend, LLC
Landmark Dividend Solar Land 1 DST
Livingston St. Capital
LSC-3 Office, DST
LSC-AM MC2, DST
LSC-BIO HC1, DST
LSC-Carrollton 55 Plus, DST
LSC-DD MC1, DST
LSC-FAUR MC3, DST
LSC-GLENMONT ABBEY 55 PLUS MULTIFAMILY, DST
LSC-Hanover Place 55 Plus Multi3, DST
LSC-King City, DST
LSC-Lewisville 55 Plus, DST
LSC-Ponte Vedra, DST
LSC-Regency Crest, DST
LSC-Reno NV, DST
LSC-SCH MULTI1, DST
LSC-Texas 55 Plus, DST
LSC-Towson MD, DST
LSC-UKHS HC2, DST
LSC-Valley Forge 55 Plus, DST
LSC-Vancouver WA, DST
Madison Capital Group
Cameron Charlotte Industrial
Cameron Wal Mart DST
MCG Charleston James Island DST
MCG CHARLESTON EAST BAY DST
MCG ASHEVILLE DST
MCG CHARLOTTE MILL HOUSE DST
Madison Farms DST
Madison Realty Companies
Madison Realty Senior Care I-UT, DST
Madison Realty Senior Care II-AZ, DST
Madison Realty Senior Care Alta Ridge, DST
Moody National Companies
Moody CY Waterbury DST
Moody ELM AL North Austin DST
Moody Mosaic DST
Moody Village 1 DST
Moody DFW DST
Moody National Academy DST
Moody Rainey DWTN Austin DST
Moody RI SW Austin DST
Moody Village Towers DST
Nelson Brothers
NP Skyloft DST
NB Loft Vue DST
NB Vue Mac DST
NB Gathering
NB Auraria
NB The Mark
NB Downs
NB Taylor Bend II DST
NB Mountain Valley DST
NB Auraria DST
NB Stadium View DST
NB Crest Investor
NB Private Equity Credit Opportunities Fund
NP Sol Y Luna DST
Net Lease Capital Advisors
Government Lease Holdings DST
GSA Birmingham Government Lease Investors DST
295 BR Holdco, DST
4851 JS Industrial, DST
AZ Randall OH, DST
AZ Romulus MI, DST
Commerce 94 Industrial, DST
Emerald Pass 12101 Holdings DST
FC Euclid OH Investors, DST
FC Grand Rapids MI Investors, DST
FC Oklahoma City OK Investors, DST
FC Tulsa OK Investors DST
NLCA VA BIRMINGHAM REALTY DST
NLCA GSA BALTIMORE DST
NLCA DG Investment Grade Portfolio 1 DST
Two VA Properties Investors DST
New Star Exchange 1
NE1 BTR Villages, DST
NE1 UC, DST
Nexpoint
NexPoint Hughes DST
NexPoint Buffalo DST
NexPoint Life Sciences DST
NexPoint Storage II DST
NexPoint Hickory DST
NexPoint Storage I DST
NexPoint Gamma DST
NexPoint Polo Glen DST
NexPoint Flamingo DST
NexPoint Texas Multifamily Portfolio DST
NREA Southeast Portfolio One, DST
NREA Southeast Portfolio Three, DST
NREA Retreat, DST
NREA Estates, DST
NREA Meritage, DST
NREA Adair, DST
RK Properties
RK Riverstone DST
RK Dawson Park DST
RK Pointe at East Shore DST
RK Trailside Verdae DST
RK AVLI at Crosstown Center DST
RK Pointe at Research Park DST
RK Pointe at Greenville DST
RK Haven Pointe at Carolina Forest DST
RK CODA DST
RK Pointe at Prosperity Village DST
RK Pointe at Lake Crabtree DST
RK Berewick Pointe DST
RK One White Oak DST
RK Montecito Pointe DST
RK Manchester Place DST
RK Edwards Mill DST
RK Sonata Apartments, LLC
REVA Kay (Real Estate Value Advisors)
REVA Kay Health Solutions DST
REVA Kay Tampa UBC, DST
REVA Kay Fort Stockton DST
REVA Kay Universal DST
REVA Kay Sabal 6, DST
REVA Kay Tampa IBC 2, DST
REVA Kay Tampa IBC 1, DST
REVA Kay Brookings, DST
REVA Kay 150 Corporate, DST
REVA Kay Interchange, DST
REVA Kay Seacoast DST
REVA Kay Innsbrook DST
REVA Kay Battlefield Technology Center DST
REVA Kay Shannon Oaks, DST
REVA Kay Ashley Corporate Center, DST
REVA Kay Brandywine, DST
Southern Star
Southern Star Storage IV – Rockport DST
Southern Star Self Storage-Airports, DST
Southern Star Storage III CAROLINA DST
Southern Star Storage -MONTROSE II DST
Starboard Realty Advisors
Starboard Silver Oaks DST
Starboard Arden DST
Starboard Dylan DST
Starboard Jade DST
Starboard Harpers DST
Starboard Mesa Ridge DST
Starboard Premier DST
Starboard WA Multifamily III DST
Starboard Madison View DST
Starboard Diagonal DST
Starboard Metro DST
Starboard Mountain Ranch DST
Starboard Lemon Grove DST
Syndicated Equities
SE Broadway (Oklahoma City) DST
SE 244 S. Gateway (Jenks) DST
SE 333 E. 34TH (New York) Garage DST
SE 5750 Mercury (Dearborn) DST
SE 8925 Highway 101 (Savage) DST
SE Itasca DST
SE Pasadena (Texas) DST
SE STL MOB (Fenton) DST
Trilogy Real Estate Group
Trilogy Riverset Multifamily DST
Park 205 Multifamily DST
Franklin WI Multifamily DST
Lansing MI Multifamily DST
Valeo Groupe Americas
Vineyard Austin DST
Vineyard Braselton DST
Epoch Fort Collins DST
Vineyard Pearland DST
Epoch Huntsville DST
