DST Form D filings, Q4 2025

50 DST offerings whose most recent Form D or amendment was filed in Q4 2025: $2.85B offered, $1.86B 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, Q4 2025
Issuer (links to EDGAR) Property type Offering Sold Minimum First sale Latest filing Exemption Broker-dealers
Velocis Maple Grove BTR DST Dallas, TXMultifamily$11.3M$5.7M 50%Not stated2025-09-262025-12-31 (amended)506(c)None listed
MDRR XXV DST 1 Richmond, VACommercial (Form D group)$8.6M$0 0%$100,000Not yet2025-12-30 506(c)None listed
Passco Riverside DST Irvine, CAResidential (Form D group)$48.9M$6.0M 12%$25,0002025-12-192025-12-29 506(c)None listed
ExchangeRight Net-Leased Portfolio 74 DST Pasadena, CANet lease$36.6M$0 0%$100,000Not yet2025-12-23 506(b)None listed
AX DG St. Louis, DST New York, NYOther Real Estate (Form D group)$42.5M$42.5M 100%$25,0002025-07-162025-12-19 (amended)506(b)4
Notes CS I, DST Colorado Springs, COOther Real Estate (Form D group)$53.0M$7.7M 15%$100,0002024-09-272025-12-18 (amended)506(c)None listed
June DST Holdings Chicago, ILResidential (Form D group)$3.2M$3.1M 98%$500,0002025-11-212025-12-18 506(b)None listed
Airex Portfolio 8 DST Denver, COOther Real Estate (Form D group)$117.5M$117.5M 100%$500,0002024-07-252025-12-18 (amended)506(b)None listed
ADREX Signature Series DST Denver, COOther Real Estate (Form D group)$90.5M$90.5M 100%$90,510,2042025-09-162025-12-18 (amended)506(b)None listed
Essential Net Lease Industrial 105 DST Torrance, CAIndustrial$3.6M$3.3M 91%$1,0002025-11-212025-12-17 506(c)1
Olympus Tradewinds DST Newport Beach, CAOther Real Estate (Form D group)$21.1M$0 0%$25,000Not yet2025-12-10 506(c)None listed
IREX III Industrial Portfolio DST Dallas, TXIndustrial$87.0M$82.8M 95%$250,0002025-07-012025-12-10 (amended)506(b)3
Essential Net Lease Industrial 104 DST Torrance, CAIndustrial$4.8M$2.9M 60%$1,0002025-11-042025-12-09 506(c)1
ExchangeRight Essential Income 7 DST Pasadena, CACommercial (Form D group)$39.0M$0 0%$100,000Not yet2025-12-08 506(b)None listed
HZ Village of the Pines DST San Francisco, CAResidential (Form D group)$48.4M$38.6M 80%$100,0002025-10-212025-12-04 506(b)None listed
Blue Door Property III, DST Ladera Ranch, CAOther Real Estate (Form D group)$28.4M$0 0%$25,000Not yet2025-11-26 506(c)None listed
NexPoint Life Sciences II DST Dallas, TXOther Real Estate (Form D group)$40.5M$40.5M 100%$100,0002023-06-202025-11-20 (amended)506(c)None listed
ExchangeRight Net-Leased Portfolio 73 DST Pasadena, CANet lease$50.9M$0 0%$100,000Not yet2025-11-20 506(b)None listed
NuCare SLP DST Bloomington, MNCommercial (Form D group)$3.5M$1.1M 31%$50,0002025-11-042025-11-18 506(c)None listed
NuCare Blaine DST Bloomington, MNCommercial (Form D group)$3.5M$1.9M 54%$50,0002025-11-042025-11-18 506(c)None listed
PG Dallas Industrial DST Atlanta, GAIndustrial$27.9M$27.9M 100%$100,0002025-09-042025-11-06 (amended)506(c)None listed
NexPoint Storage VI DST Dallas, TXSelf storage$45.3M$45.3M 100%$100,0002025-01-092025-11-06 (amended)506(c)None listed
KB Lake Elmo, DST Las Vegas, NVCommercial (Form D group)$28.9M$12.3M 43%$288,5002024-08-212025-11-06 (amended)506(c)None listed
KB Duluth, DST Las Vegas, NVCommercial (Form D group)$50.3M$45.6M 91%$503,2502024-10-172025-11-06 (amended)506(c)None listed
HREX 7, DST Houston, TXOther Real Estate (Form D group)$199.8M$199.8M 100%$250,0002025-06-022025-11-06 (amended)506(b)None listed
South Carolina Growth 1 - Martintown DST Scottsdale, AZOther Real Estate (Form D group)$3.3M$0 0%$100,000Not yet2025-11-04 506(c)None listed
REVA 2650 McCormick DST Daniel Island, SCCommercial (Form D group)$14.0M$0 0%$50,000Not yet2025-11-04 506(c)None listed
Inland Zero Coupon Utility DST Oak Brook, ILOther Real Estate (Form D group)$39.4M$0 0%$100,000Not yet2025-11-03 506(b)None listed
IPC Detroit Hospitality DST Oak Brook, ILHospitality$15.7M$15.7M 100%$25,0002024-08-282025-11-03 (amended)506(b)None listed
ExchangeRight Net-Leased All-Cash 18 DST Pasadena, CANet lease$52.8M$0 0%$100,000Not yet2025-11-03 506(b)None listed
Ponder Small Bay Industrial 101 DST Torrance, CAIndustrial$18.7M$811K 4%$1,0002025-10-162025-10-31 506(c)1
BXREX Portfolio I DST New York, NYResidential (Form D group)$175.6M$0 0%$1,000,000Not yet2025-10-31 506(b)None listed
KB Kingsville, DST Las Vegas, NVCommercial (Form D group)$47.5M$36.8M 78%$474,5002025-09-092025-10-29 506(c)None listed
Government Lease Holdings 2 DST Nashua, NHOther Real Estate (Form D group)$174.7M$34.8M 20%$100,0002024-11-082025-10-27 (amended)506(c)22
BREX Parker MF DST New York, NYOther Real Estate (Form D group)$66.2M$66.2M 100%$100,0002024-11-012025-10-27 (amended)506(b)15
Blue Owl Real Estate Exchange III DST Chicago, ILOther Real Estate (Form D group)$103.0M$97.4M 95%$250,0002025-05-292025-10-23 (amended)506(b)5
AEI Healthcare Portfolio VI DST St. Paul, MNMedical office$22.0M$19.7M 89%$25,0002025-07-172025-10-23 (amended)506(b)None listed
SE 10900 Red Circle (Minnetonka), DST Chicago, ILOther Real Estate (Form D group)$10.8M$6.7M 62%$1,0002025-09-242025-10-21 506(b)None listed
PG Phoenix West DST Atlanta, GAOther Real Estate (Form D group)$35.5M$35.5M 100%$100,0002025-06-302025-10-20 (amended)506(c)None listed
ADREX Diversified 8 DST Denver, COOther Real Estate (Form D group)$395.2M$395.2M 100%$500,0002025-02-182025-10-20 (amended)506(b)None listed
CS1031 The Villages at Miami Gardens BFR Housing, DST Glen Allen, VACommercial (Form D group)$10.4M$0 0%$50,000Not yet2025-10-17 506(c)1
ExchangeRight Essential Income 6 DST Pasadena, CACommercial (Form D group)$42.5M$0 0%$100,000Not yet2025-10-15 506(b)None listed
CF Westshore Multifamily DST New York, NYMultifamily$64.0M$0 0%$100,000Not yet2025-10-14 506(b)None listed
Moody Med Center 1 DST Houston, TXCommercial (Form D group)$33.5M$33.5M 100%$25,0002025-05-092025-10-08 (amended)506(c)12
NexPoint Semiconductor Manufacturing DST Dallas, TXOther Real Estate (Form D group)$136.9M$136.9M 100%$100,0002023-11-202025-10-07 (amended)506(c)None listed
National Senior Living Portfolio DST Oak Brook, ILSenior housing$149.0M$149.0M 100%$25,0002024-11-262025-10-02 (amended)506(b)None listed
HZ Legends DST San Francisco, CAResidential (Form D group)$53.7M$26.9M 50%$25,0002025-09-172025-10-02 506(b)None listed
BR Skytop Multifamily, DST New York, NYMultifamily$45.4M$0 0%$100,000Not yet2025-10-02 506(c)None listed
S2K/Miller CLT DST Greenwood Village, COOther Real Estate (Form D group)$23.0M$0 0%$100,000Not yet2025-10-01 506(c)None listed
BT Columbia Student Housing DST Madison, WIStudent housing$26.1M$26.1M 100%$100,0002025-01-272025-10-01 (amended)506(c)3