Top1031

Senior Housing DST 11

Senior housing (assisted living & memory care) property in Multi-state (3) — sponsored by 1031 CF Properties

Minimum investment
$25k
Offering size
$43.0M
How much has sold
44.0%
Asset type
Senior housing (assisted living & memory care) property
Location
Multi-state (3)
Financing
All cash. This offering reports no mortgage debt.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

Senior Housing DST 11 is a Delaware statutory trust — fractional real estate ownership that can serve as 1031 replacement property — organized in 2024 and holding three assisted living and memory care communities in Florida, Oklahoma and Texas.1 The sponsor describes the offering as all-cash, with no mortgage debt.2 It is raising up to $43,000,000 under Rule 506(c), which permits public advertising but limits buyers to verified accredited investors.3

Senior Housing DST 11 image

90% portfolio occupancy; stabilized Class-A + one value-add; 506(c) accredited only; mgrs Gold Choice & SRI Management

Show sources (12)Hide sources (12)

These links support the public record as a whole; individual details may come from different sources.

City-level mapLongwood, FL metroCity-level location. Exact address not publicly confirmed.

On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.

Chapter 2

What exactly is the property?

Sponsor materials name the communities as Wayman Place in Longwood, Florida; Iris Memory Care of NWOKC in Oklahoma City; and Cariad at North Brook in McKinney, Texas.4 Combined ending occupancy was reported at 90% as of June 30, 2025.4 The Longwood address now presents publicly as Heron of Longwood, and no located source establishes when or how that name changed.8 No purchase price or closing date is public.

Property address
342 S Wayman St, Longwood, FL
Property size
162 units / 197 beds (3 properties)
Chapter 3

Who is the tenant, and what's the lease?

There is no single corporate tenant: senior housing is an operating business, with residents paying month to month and third-party operators running each community. Sponsor materials describe a master lease with a 10-year term under which cash flow is paid to the Trust, and name Iris Senior Living and SRI Management as operators.4

Chapter 4

How are sales going?

These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.

How we work out how much has sold

We divide the amount the sponsor reports sold by the offering size in its latest SEC filing, filed Aug 4, 2026.

  • The sponsor reports these amounts itself, and can amend them later.
  • A filing can be behind what has actually sold. It does not confirm that interests are still available.
  • The amount left to sell is the offering size minus the amount sold.
44.0% reported sold
Amount sold
$18,924,439
Still available
$24,075,561
Investors reported
78
Total offering
$43,000,000
Amount soldInvestors
Jul 31, 2025Aug 4, 2026
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Chapter 5

How is it financed, and what does it pay?

The sponsor describes the offering as all-cash — the Trust would own the communities outright, with no lender, no loan covenants and no mortgage maturity to refinance.2 No lender appears in the Form D filings. An exchanger who must replace debt retired on a relinquished property would find none here.

Chapter 7

What does the paperwork say?

The Trust filed an initial Form D — the brief notice a private placement submits after its first sale — then one amendment that raised the reported amount sold and investor count against an unchanged $43,000,000 offering.3 The filings list July 16, 2025 as the date of first sale.1

  1. First Form D filedThe public offering record begins.
  2. Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
Filings on record
2
How it may be offered
Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.

Chapter 8

Common questions

Is Senior Housing DST 11 still raising money?

Top1031 lists Senior Housing DST 11 as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.

Where does Top1031 get the data for Senior Housing DST 11?

Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

What does Senior Housing DST 11 actually own?

Three assisted living and memory care communities totaling 162 units and 197 beds: Wayman Place in Longwood, Florida; Iris Memory Care of NWOKC in Oklahoma City; and Cariad at North Brook in McKinney, Texas. The sponsor reported combined ending occupancy of 90% as of June 30, 2025. No purchase price or closing date for the communities is public.

Is this a net-leased property with a corporate tenant?

No. Senior housing communities are operating businesses, not single-tenant net leases where one company pays rent and covers taxes, insurance and maintenance. Residents pay month to month and third-party operators run the buildings. Sponsor materials describe a master lease with a 10-year term under which cash flow is paid to the Trust, and name Iris Senior Living as operator of the Oklahoma City community and SRI Management for the others.

Does the Trust carry mortgage debt?

The sponsor describes the offering as all-cash, and no lender appears in the Form D filings. That matters in an exchange: an investor paying off a mortgage on the relinquished property generally needs replacement debt or additional cash to avoid recognizing boot, and an unleveraged Trust supplies none.

Who is allowed to invest, and what is the minimum?

The Trust is offered under Rule 506(c), meaning the sponsor may advertise publicly but every purchaser must be an accredited investor whose status is verified — tax returns, brokerage statements, or a letter from a CPA or attorney, not a self-certification checkbox. The Form D filings state a $25,000 minimum investment against a $43,000,000 total offering.

Is the offering still open?

The Trust is in its raise. The Form D amendment filed August 4, 2026 reported a higher amount sold and a higher investor count than the original July 31, 2025 filing, against the same $43,000,000 total offering, and states an intended duration of more than one year. The sponsor's own offering page marked the Trust as available. A Form D amendment does not by itself establish that interests remain available on any given day.

Could this end in a 721/UPREIT roll-up into a REIT?

The record for this Trust does not indicate a 721/UPREIT exit — the structure in which DST interests are later contributed to a REIT's operating partnership in exchange for OP units. Disposition mechanics, if any, would be governed by the PPM (the private placement memorandum) and the trust agreement rather than the Form D.

Chapter 9

In the news

Chapter 11

What can I do next?

Check the source documents, compare this offering with other public records, or ask a licensed specialist about the facts shown here.