AEI Healthcare Portfolio V DST
Medical office — sponsored by AEI Capital
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These links support the historical public record; individual details may come from different sources.
What is this, in one paragraph?
AEI Healthcare Portfolio V DST is a Delaware statutory trust — the structure that lets 1031 exchange investors hold fractional real estate interests — holding three net-leased medical office buildings in Florida and Indiana.1 AEI Capital sponsored the $27.82 million offering and announced on January 7, 2025 that it was fully subscribed and closed to new investors.2
Minimum investment
$25k
Offering size
$27.8M
How much has sold
91.0%
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
AEI Capital closed on the two Florida buildings, at 36763 and 36819 Eiland Boulevard in Zephyrhills, on January 2, 2024 for $18.75 million.3 The larger is a 31,878-square-foot, two-story build-to-suit completed in 2019; the smaller runs 12,020 square feet and was built to suit in 2013.3 The third building is an Indianapolis medical office leased to Community Health Network; its street address and size are not established in the public record.
- Property size
- 56,930 sq ft (3 properties, 2 FL + 1 IN)
Who is the tenant, and what's the lease?
Both Zephyrhills clinics are occupied by an affiliate of Orlando Health, with Orlando Health, Inc. as lease guarantor after it acquired Florida Medical Clinic's operations in August 2023; DaVita subleases part of the smaller building for a nephrology practice.3 AEI reports long-term net leases — the tenant carries the property's operating costs — with rental escalators.2
How did it end?
Still operating
Trust remains active and operating; the offering was fully subscribed at $27.82 million (announced Jan. 15, 2026 on aeifunds.com and Jan. 22, 2025 on AltsWire) and JRW Investments' directory lists AEI Healthcare Portfolio V DST as Active with 5.07% distributions, with no sale, full-cycle, UPREIT, foreclosure, or loss announcement found.
Indiana & Florida healthcare properties · Three net-leased medical office buildings totaling 56,930 sq ft; two in Zephyrhills, FL leased to Orlando Health affiliates (Florida Medical Clinic - 31,878 sf at 36763 Eiland Blvd built 2019; 12,020 sf at 36819 Eiland Blvd built 2013); third leased to Community Health Network in Indianapolis, IN. Total offering >$27.82M; AEI's 114th 1031 program. Filed with SEC June 2024; fully subscribed January 2025.
56,930 sq ft (3 properties, 2 FL + 1 IN)Supporting evidence
Counted on AEI Capital’s Record Card as: No outcome recorded · under 7 years Document
How is it financed, and what does it pay?
AEI describes this offering as debt-free.2 An all-cash trust owns its buildings without a mortgage, so there is no loan to refinance, no lender consent gating a future sale, and no foreclosure risk — but also no borrowed money amplifying the equity.
Who's behind it?
AEI Capital sponsors net-leased real estate programs for 1031 exchange investors and syndicates assets it has already bought — it acquired the Florida half of this portfolio in January 2024, months before the offering launched.3 When AEI announced full subscription on January 7, 2025, it called this Trust its 114th 1031 exchange offering.2 The trust itself was organized in Delaware in 2023.4
- Sponsor
- AEI Capital
- May convert to a REIT
- No
- Offerings from this sponsor
- 2 active / 8 total offerings from AEI Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
AEI filed the initial Form D — the short SEC notice claiming a private-placement exemption — in the summer of 2024 and amended it repeatedly as the raise progressed. Rule 506(b) means the Trust could not be publicly advertised and was offered through existing relationships to accredited investors.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Legal Trust name
- AEI Healthcare Portfolio V DST
- Filings on record
- 7
- How it may be offered
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- 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.
Common questions
What happened to AEI Healthcare Portfolio V DST?
AEI Healthcare Portfolio V DST is a Historical offering: its latest SEC filing is outside the Active window. The outcome and source documents are shown separately.
Where does Top1031 get the data for AEI Healthcare Portfolio V DST?
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.
Can I still invest in AEI Healthcare Portfolio V DST?
No. AEI Capital announced on January 7, 2025 that the Trust was fully subscribed and closed to new investors. It is a Historical offering — useful as a reference point for what this sponsor buys, not as an available placement for a live 45-day exchange.
What does the Trust actually own?
Three net-leased medical office buildings. Two sit in Zephyrhills, Florida, at 36763 and 36819 Eiland Boulevard, and AEI bought them on January 2, 2024 for $18.75 million. The third is an Indianapolis, Indiana medical office leased to Community Health Network; its address and square footage are not established in the located public record.
Who are the tenants and who stands behind the leases?
The two Florida buildings are occupied by an affiliate of Orlando Health, with Orlando Health, Inc. serving as lease guarantor following its August 2023 acquisition of Florida Medical Clinic's operations. DaVita subleases part of the 36819 Eiland Boulevard building for a nephrology practice. The Indiana building is leased to Community Health Network.
Was there a mortgage on this portfolio?
AEI describes the $27.82 million offering as debt-free. A trust with no loan cannot be foreclosed on and needs no refinancing at maturity, which matters to exchangers who do not need replacement debt to match relinquished-property mortgage balances. Confirm the capital structure in the PPM, the private placement memorandum, before relying on it.
What does Rule 506(b) mean for how this was sold?
506(b) is the private-placement exemption that bars general advertising or public solicitation. The sponsor could only offer the Trust to investors it or its selling broker-dealers already had a relationship with, which is why these offerings surface in SEC Form D filings rather than in public marketing.
Has the Trust reported any sale or exit?
No outcome has been reported. The public record ends with the December 13, 2024 Form D amendment and the sponsor's January 2025 announcement that the raise closed. No sale, refinancing, or other material property event affecting this Trust was located as of September 4, 2026.
Chapter 9AEI Capital Corporation Fully Subscribes $27 Million Healthcare DST OfferingSponsor news release confirming AEI Healthcare Portfolio V DST raised more than $27 million, was filed with the SEC in June 2024, is fully subscribed, and comprises three net-leased healthcare properties totaling 56,930 sq ft. AEI Capital Acquires Florida Healthcare Properties for $18.75 Million for Next DST OfferingAEI closed on two medical office buildings in Zephyrhills, FL leased to Orlando Health affiliates at 36763 and 36819 Eiland Boulevard for the next DST program.