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 — holding three assisted living and memory care communities in Florida, Oklahoma and Texas. The sponsor labels the acquisition structure all-cash, with no mortgage.3 The Trust is raising up to $43 million under Rule 506(c), which permits public advertising but limits buyers to verified accredited investors.1

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 (7)Hide sources (7)

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

Location map342 S Wayman St, Longwood, FLAddress matched to a cited source

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 identify the three communities as Wayman Place in Florida, Iris Memory Care of NWOKC in Oklahoma City, and Cariad at North Brook in McKinney, Texas.3 The portfolio is presented as stabilized Class-A communities plus one value-add property, with 90% combined occupancy measured at June 30, 2025.3 No purchase price or closing date for any of the three buildings appears in the public record.

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?

Senior housing is an operating business rather than a net-leased building: residents pay month to month while a manager runs each community. Sponsor materials present a 10-year master lease term and name Iris Senior Living and SRI Management as operators, without mapping either firm to a specific community.3

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 labels the structure all-cash — the Trust owns the three communities outright, with no lender, no loan covenants and no maturity to refinance.3 An exchanger paying off a mortgage on a relinquished property would find no replacement debt 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 — and later an amendment that raised the reported amount sold and investor count against an unchanged total offering.1 The filings list July 16, 2025 as the date of first sale and an intended duration of more than one year.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.

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 at 342 S Wayman St in Longwood, Florida; Iris Memory Care of NWOKC in Oklahoma City; and Cariad at North Brook at 2301 N Brook Dr in McKinney, Texas. Sponsor materials describe the group as stabilized Class-A communities plus one value-add asset, with 90% combined occupancy as of June 30, 2025.

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

No. Senior housing communities are operating businesses, not single-tenant net leases. Residents pay month to month and a manager runs each community. The sponsor's offering page presents a 10-year term under a master lease agreement and names Iris Senior Living and SRI Management as operators, without stating which firm runs which property. No public source located maps operators to individual communities.

Does the Trust carry mortgage debt?

The sponsor labels the structure all-cash, and no lender appears in the Form D filings. That matters for 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 provides 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 remains 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. A Form D amendment does not by itself establish that an offering is open or closed.

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 and roll-up mechanics, if any, would be governed by the PPM (the private placement memorandum) and the trust agreement rather than the Form D.

Chapter 9

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