DST Form D filings, Q2 2025

39 DST offerings whose most recent Form D or amendment was filed in Q2 2025: $1.88B offered, $1.54B reported sold. An offering that filed again later appears under the later quarter instead.

SEC Form D filings data, not offers or recommendations. Every row is copied from a Form D notice the issuer filed with the SEC. Form D is a notice of an exempt private offering, not a registration; a Form D filing is not SEC review or approval of the offering. Nothing here is an offer to sell or a solicitation to buy a security, and no issuer, sponsor or broker-dealer pays to appear or to be ranked. Rows are sorted by filing date only. No yields, distributions or returns are shown or implied. DST interests are generally sold only to accredited investors, are illiquid, and can lose money; read the private placement memorandum and talk to your own adviser.

Source: SEC Form D data sets (2024Q4 through 2026Q3) plus EDGAR daily filings from 2026-10-01 to 2026-10-23. Refreshed weekly from EDGAR; last refresh 2026-10-23. How the list is built.

DST Form D filings, Q2 2025
Issuer (links to EDGAR) Property type Offering Sold Minimum First sale Latest filing Exemption Broker-dealers
ExchangeRight Net-Leased All-Cash 15 DST Pasadena, CANet lease$25.0M$0 0%$100,000Not yet2025-06-25 506(b)None listed
ExchangeRight Essential Income 4 DST Pasadena, CACommercial (Form D group)$28.9M$0 0%$100,000Not yet2025-06-24 506(b)None listed
KB Napoleon, DST Las Vegas, NVCommercial (Form D group)$49.4M$37.9M 77%$493,5002025-05-012025-06-20 506(c)None listed
Messenger Place DST Alexandria, VAResidential (Form D group)$34.1M$17.3M 51%$100,0002025-05-272025-06-16 506(c)None listed
Inspired Senior Living of Cinnaminson DST Scottsdale, AZSenior housing$46.6M$1.7M 4%Not stated2025-05-192025-06-16 506(b)None listed
PG Sugarloaf DST Atlanta, GAOther Real Estate (Form D group)$30.9M$30.9M 100%$100,0002024-04-152025-06-12 (amended)506(c)None listed
HREX 5, DST Houston, TXCommercial (Form D group)$194.0M$194.0M 100%$250,0002024-10-232025-06-06 (amended)506(b)None listed
FSC Industrial 32, DST Wall, NJIndustrial$82.7M$82.7M 100%$100,0002024-10-242025-06-06 (amended)506(c)None listed
BR Churchill Downs, DST New York, NYResidential (Form D group)$37.8M$0 0%$100,000Not yet2025-06-06 506(c)None listed
Essential Net Lease Portfolio 90 DST Torrance, CANet lease$12.8M$0 0%$1,000Not yet2025-06-05 506(c)1
ExchangeRight Net-Leased Portfolio 70 DST Pasadena, CANet lease$35.5M$776K 2%$100,0002025-05-232025-05-30 (amended)506(b)None listed
FSC Healthcare 29, DST Wall, NJMedical office$15.0M$15.0M 100%$25,0002024-09-062025-05-29 (amended)506(c)None listed
BV Student Housing Texas Portfolio DST Dallas, TXStudent housing$27.2M$27.2M 100%$50,0002024-01-122025-05-23 (amended)506(c)None listed
ExchangeRight Net-Leased All-Cash 14 DST Pasadena, CANet lease$38.1M$0 0%$100,000Not yet2025-05-22 506(b)None listed
Essential Net Lease Industrial 87 DST Torrance, CAIndustrial$5.9M$5.6M 95%$1,000Not yet2025-05-22 (amended)506(c)1
Essential Net Lease Industrial 93 DST Torrance, CAIndustrial$5.2M$1.4M 27%$1,0002025-05-082025-05-20 506(c)1
Dallas MSA Small Bay Industrial 91 DST Torrance, CAIndustrial$6.1M$1.4M 24%$1,0002025-05-142025-05-20 506(c)1
JWCM Republic Alamo Heights, DST New York, NYOther Real Estate (Form D group)$32.2M$32.2M 100%$25,0002023-10-242025-05-09 (amended)506(c)12
North Carolina Growth 2 DST Scottsdale, AZResidential (Form D group)$2.7M$2.7M 100%$100,0002025-03-282025-05-06 (amended)506(c)None listed
Fresh Stop Texas DST Charlotte, NCCommercial (Form D group)$12.6M$0 0%$100,000Not yet2025-05-06 506(c)None listed
Essential Net Lease Portfolio 89 DST Torrance, CANet lease$13.5M$1.2M 9%$1,0002025-04-172025-05-05 506(c)1
Diversified Portfolio 88 DST Torrance, CACommercial (Form D group)$27.7M$0 0%$1,000Not yet2025-05-05 506(c)1
Starboard Elan DST Irvine, CAResidential (Form D group)$28.1M$28.1M 100%$25,0002024-11-292025-04-24 (amended)506(c)None listed
ICG Aspera DST Clovis, CAResidential (Form D group)$47.9M$47.9M 100%$25,0002024-09-202025-04-24 (amended)506(c)None listed
Zero Coupon Essential Portfolio DST Oak Brook, ILOther Real Estate (Form D group)$35.9M$35.9M 100%$25,0002022-11-222025-04-21 (amended)506(b)None listed
Delaware Growth 1 DST Scottsdale, AZOther Real Estate (Form D group)$5.0M$5.0M 100%$100,0002024-08-162025-04-21 (amended)506(c)None listed
ADREX Diversified 7 DST Denver, COOther Real Estate (Form D group)$315.4M$315.4M 100%$500,0002024-10-092025-04-21 (amended)506(b)None listed
ExchangeRight Essential Income 3 DST Pasadena, CACommercial (Form D group)$22.6M$0 0%$100,000Not yet2025-04-18 506(b)None listed
JLLX Grand Prairie Distribution Center, DST Chicago, ILIndustrial$62.0M$62.0M 100%$75,0002024-06-032025-04-17 (amended)506(b)None listed
JLLX Diversified VI, DST Chicago, ILOther Real Estate (Form D group)$100.5M$100.5M 100%$75,0002024-08-092025-04-17 (amended)506(b)None listed
AEI NET LEASE PORTFOLIO 23 DST St. Paul, MNNet lease$25.1M$23.4M 93%$50,0002024-02-132025-04-17 (amended)506(b)None listed
Knoxville Student Housing DST Oak Brook, ILStudent housing$49.9M$49.9M 100%$25,0002024-08-162025-04-11 (amended)506(b)None listed
FSC Healthcare 28, DST Wall, NJMedical office$10.6M$10.6M 100%$25,0002024-05-032025-04-11 (amended)506(c)None listed
Epoch Student Housing DST Oak Brook, ILStudent housing$77.2M$77.2M 100%$25,0002024-04-092025-04-11 (amended)506(b)None listed
PG St. Augustine DST Atlanta, GAOther Real Estate (Form D group)$24.4M$24.4M 100%$100,0002024-11-222025-04-08 (amended)506(c)None listed
LRT Hardeeville Senior Living, DST Charlotte, NCSenior housing$17.0M$6.9M 40%Not stated2024-09-252025-04-02 (amended)506(c)9
CF Remy Multifamily DST New York, NYMultifamily$37.7M$37.7M 100%$250,0002024-09-202025-04-02 (amended)506(b)None listed
HREX Multifamily III, DST Houston, TXMultifamily$124.7M$124.7M 100%$250,0002024-05-232025-04-01 (amended)506(b)None listed
HREX Multifamily II, DST Houston, TXMultifamily$133.8M$133.8M 100%$250,0002024-01-052025-04-01 (amended)506(b)None listed