Mirae Asset Properties I, DST: Investor Lawsuit Investigation

Mirae Asset Properties I, DST – Investigation

The White Law Group is investigating potential securities claims involving Mirae Asset Properties I, DST, a Delaware Statutory Trust (DST) that filed a Form D Notice of Exempt Offering of Securities with the Securities and Exchange Commission (SEC).

According to the SEC filing in 2020, Mirae Asset Properties I, DST is structured as a Delaware Statutory Trust. The issuer reportedly identifies Mirae Asset Securities and Investments (USA), LLC as the sponsor. The minimum investment reported in the offering was $100,000, though the filing notes that the sponsor may accept smaller amounts at its discretion.

The filing indicates a total offering amount of $35,149,264, all of which has reportedly been sold to 64 investors. Estimated sales commissions were approximately $797,000, and roughly $1.29 million of the proceeds were set aside for reimbursement of fees and acquisition costs to affiliated parties.

What is a DST Investment?

Delaware Statutory Trusts (DSTs) are often used in 1031 exchanges, allowing investors to defer capital gains taxes by reinvesting in real estate offerings. While marketed as passive, income-generating real estate investments, DSTs are often high-risk and illiquid. Investors typically cannot sell their interest easily, and returns are dependent on the performance of the underlying property or portfolio.

DST offerings are also generally sold as Regulation D private placements, meaning they are not reviewed by the SEC for accuracy or completeness.

Potential Risks for Investors

Like many private placement real estate investments, Mirae Asset Properties I, DST may pose risks, including:

• Illiquidity – Investors may be unable to sell or redeem their investment.

• High commissions – Sales commissions of up to 7–10% are common, creating conflicts of interest for the brokers who recommend them.

• Concentration risk – Investors may be overexposed to a single property or sector of the real estate market.

• Loss of principal – If the property underperforms or the trust faces financial difficulties, investors may suffer substantial losses.

Investor Lawsuits and FINRA Arbitration

Broker-dealers who sell DST investments have a duty to ensure that the investments are suitable for their clients, taking into account the investor’s age, risk tolerance, net worth, investment experience, and financial needs. If a financial advisor misrepresented the risks of Mirae Asset Properties I, DST, or recommended it inappropriately, investors may have grounds for a FINRA arbitration claim to recover losses.

The White Law Group is investigating whether brokerage firms may have improperly recommended Mirae Asset Properties I, DST to retail investors.

Free Consultation

If you have suffered investment losses in Mirae Asset Properties I, DST or another DST offering, the securities attorneys at The White Law Group may be able to help you recover your losses through FINRA arbitration, a private dispute resolution forum for investors and financial advisors.

For a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.

Frequently Asked Questions

What is Mirae Asset Properties I, DST?
It is a Delaware Statutory Trust formed in 2020 and used as a vehicle for real estate investment, often sold in connection with 1031 exchanges.

Why are DSTs considered risky?
DSTs are typically illiquid, high-commission investments that depend heavily on the performance of the underlying property. They may not be suitable for many retail investors.

Can I sue my broker for losses in Mirae Asset Properties I, DST?
While you may not be able to sue the issuer directly, investors can pursue recovery of losses through FINRA arbitration claims against the brokerage firms that sold the investment if it was unsuitable or misrepresented.