DST Report

DSTs

DSTs / properties

DST and property pages in this record.

The list is incomplete. Posture is investor-recovery in this record, not a rating. Unknown means no reported issues here. Feedback for additions.

Track Status Posture Asset

Nelson / Versity

345 Flats

No reported issues

Kent, OH

Form D 10 Dec 2018. Offering $19,395,880.

Nelson / Versity

4th & J (4ANDJ)

721 / sale talk

San Diego, CA

San Diego apartments. Nelson / Versity track after 2025. Form D first sale 28 Oct 2021. Conservative FINRA 12206 line late October 2027.

Crew / KHCA

Apex South Creek

Behind leftover-equity notes

Orlando, FL

Crew track. Orlando multifamily (Apex at South Creek / Ascend South Creek). Walker & Dunlop first mortgage plus IBI Volcano leftover-equity notes. Clerk money judgment 30 Sep 2025.

Nelson / Versity

Astoria

Distributions frozen forum

Celebration, FL

Celebration, FL. Form D 28 May 2021. Offering $45,309,583.

Crew / KHCA

AW Newport

Distributions frozen forum

Tempe, AZ

Tempe, AZ. Form D 19 Dec 2019. Offering $8,867,000.

Nelson / Versity

Campus Walk

Distributions frozen forum

Chico, CA

Chico, CA. Form D 20 Dec 2019. Offering $10,672,053.

Nelson / Versity

CP Cincy

Distributions frozen forum

Cincinnati, OH

Cincinnati, OH. Form D 28 Dec 2017. Offering $13,253,255.

Nelson / Versity

Darby Row

No reported issues

Form D 25 Feb 2014. Offering $2,076,000.

Nelson / Versity

Element (Sacramento)

Senior-lender fire

Sacramento, CA

Nelson-track. Receivership. July 2025 webinar put “partnership expense” at $1.3M.

Nelson / Versity

Grant Street

No reported issues

Form D 20 Apr 2017. Offering $19,208,883.

Crew / KHCA

Hayworth Tanglewood

Behind unpaid bridge

Houston, TX

Crew / KHCA track. Bought 30 Jun 2022 for $105.5 million. PPM 7 Jul 2022, $76.8 million. Delaware Chancery stay denied 15 Jan 2026.

Nelson / Versity

Inspire on 22nd

Distributions frozen forum

Austin, TX

Austin, TX. Form D 16 Jun 2021. Offering $41,886,885.

Nelson / Versity

Molly Barr

No reported issues

Oxford, MS

Form D 8 Nov 2016. Offering $11,299,699.

Nelson / Versity

Oakbrook

Distributions frozen forum

Baton Rouge, LA

Baton Rouge, LA. Form D 30 Sep 2021. Offering $18,900,569.

Crew / KHCA

One on 4th

Behind unpaid bridge

Stillwater, OK

Crew / KHCA track. Circular close 27 Jul 2022 for $50.625 million. McQuade engagement letters.

Crew / KHCA

Oso Verde

No reported issues

Baylor student housing. Seed asset for the Crew Campus private REIT in the 15 Feb 2024 PR.

Nelson / Versity

Rockland

No reported issues

Lawrence, KS

Form D 8 Oct 2019. Offering $20,129,750.

Nelson / Versity

Shadowglen

Capital call forum

Manor, TX

Nelson-track. Default and capital call in a 14 Aug 2026 Russell email — omitted from Brian’s earlier updates. Not in the Waterfall nine.

Nelson / Versity

Tailor Lofts

No reported issues

Chicago, IL

Chicago, IL. Form D 21 Feb 2019. Offering $32,014,541.

Nelson / Versity

The Buckingham

Senior-lender fire

59 E Van Buren, Chicago, IL

Nelson-track Chicago student housing. Midland/Wells ~$45.7M foreclosure, March 2026. Later still named on the Waterfall nine list.

Nelson / Versity

The Nine (Memphis)

Senior-lender fire

3565 Mynders Avenue, Memphis, TN

Nelson-track. Foreclosure / receivership. Not in the Waterfall nine despite the name.

Nelson / Versity

The Plaza

No reported issues

Form D 5 May 2015. Offering $8,350,000.

Crew / KHCA

The Walk

Behind unpaid bridge

Tuscaloosa, AL

Crew / KHCA track. Bought 29 Apr 2022 for $45.5 million. Form D $24.7 million; circular offering $29.9 million.

Nelson / Versity

Tuscany Place

No reported issues

Rexburg, ID

Form D 24 Jul 2015. Offering $4,974,000.

Crew / KHCA

Vintage Horizon West

Behind unpaid bridge

Winter Garden, FL

Winter Garden, FL multifamily. Still Crew-controlled under the KHCA bridge. Form D first sale 12 Apr 2022.

Nelson / Versity

Waterfall nine

No reported issues

Nelson-track student-housing bag named on the June 2026 webinar. Springing LLC → one new loan → private REIT. Not 4th & J.

Nelson / Versity

Wolf Run

Distributions frozen forum

Reno, NV

Reno, NV. Form D 11 Mar 2021. Offering $28,403,007.

Nelson / Versity

Wolf Run Vintage

No reported issues

Reno, NV

Reno student housing at 498 Beverly. Plaintiff in OC 30-2026-01543537. Not Vintage Horizon West. No Form D in this archive.