DST Landscape Summary

DST News pro­vides infor­ma­tion only to Accred­it­ed Investors so they can make informed deci­sions whether seek­ing a non-cor­re­lat­ed cash invest­ment for cur­rent income or a 1031 replace­ment prop­er­ty. Based on sur­vey data pro­vid­ed from a major­i­ty of Spon­sors offer­ing DST invest­ment prod­ucts, which indi­vid­u­al­ly must be offered by a pri­vate place­ment mem­o­ran­dum, we have sum­ma­rized sev­er­al data points that investors could use for edu­ca­tion­al pur­pos­es, to bet­ter under­stand the con­tin­u­ing chang­ing DST land­scape.

The sur­vey results are not intend­ed to make an offer­ing of any type.

DST News, Fidu­cia­ry Cap­i­tal Man­age­ment and MSC-BD, LLC do not pro­vide tax or legal advice. When com­plet­ing a 1031 exchange, investors may incur tax lia­bil­i­ties if their trans­ac­tion does not com­ply with IRC sec­tion 1031 require­ments. When con­sid­er­ing any invest­ment, please con­sult with your tax and legal advisor(s) regard­ing the specifics of your sit­u­a­tion. Real estate invest­ments are illiq­uid and high­ly spec­u­la­tive. Invest­ing in real estate secu­ri­ties (e.g. DSTs, Non-trad­ed REITs, LLCs, and LPs), involves mate­r­i­al risks asso­ci­at­ed with own­ing, man­ag­ing, oper­at­ing, and leas­ing com­mer­cial real estate prop­er­ties. These risks include, but are not lim­it­ed to com­plete loss of prin­ci­pal, declin­ing mar­ket val­ues, reduc­tion or dis­rup­tion in income, ten­ant defaults, ten­ant vacan­cies, acts of God, etc. There are addi­tion­al risks to con­sid­er when using lever­age, which involves risks of default and fore­clo­sure. Real estate val­u­a­tion and cash flow may be impact­ed by fluc­tu­a­tions in inter­est rates; macro­eco­nom­ic con­di­tions; acts of ter­ror­ism; envi­ron­men­tal fac­tors; lia­bil­i­ty risks; risks asso­ci­at­ed with zon­ing, city ordi­nances, applic­a­ble laws and gov­ern­ment, com­pli­ance; title and escrow risks; floods, fires, and oth­er nat­ur­al dis­as­ters; cred­its risks; mar­ket risks; risks of obso­les­cence; and acts of God. Investors should not invest in real estate or real estate-relat­ed invest­ments if they can­not afford a loss of income or the com­plete loss of their prin­ci­pal invest­ment.

As new sur­vey infor­ma­tion is gath­ered on new or closed DST Spon­sor activ­i­ty, this will con­tin­u­ous­ly adjust the sur­vey results below.

View Cur­rent DST Mar­ket Com­men­taries

This DST Land­scape Mar­ket Sum­ma­ry is as of June 13 2026

Total Avail­able DST Equi­ty	$2,792,948,388.00
Total Avail­able DST Offer­ings	76
Total Avail­able for Cash Investors	75
Total Avail­able for IRA Investors	33
Spon­sors Per­mit­ting Lever­age	44

Per­cent­age of DST Offer­ings that third par­ty due dili­gence is avail­able 100%

Aver­age Spon­sor Expe­ri­ence*	Spon­sor Expe­ri­ence Range*
7.79 years	1 years to 22 years

* As serv­ing as a DST Spon­sor of a com­plet­ed DST 1031 Offer­ing.

1031 Exchange Cash on Cash /LTV (exclud­ing Zero Coupon Debt Pro­grams)

Aver­age First Year Return	First Year Return Range
5.11%	0% — 63%

Aver­age Sec­ond Year plus Return**	Sec­ond Year plus Return Range**
5.35%	0% — 63%

** Pro­ject­ed Returns do not reflect any tax-ben­e­fits, which will vary for each tax­pay­er.

LTV Aver­age***	LTV Range***
28.63%	0% — 85.81%

*** Some Spon­sors offer all cash DST offer­ings, mean­ing their is no debt or lever­age. This LTV aver­age above reflects only those offer­ings that do involve debt or lever­age.

Avail­able DST Offer­ings by Sec­tor Type

Avail­able DST Offer­ings by State