AEI NET LEASE PORTFOLIO 23 DST
Legal trust name AEI NET LEASE PORTFOLIO 23 DST
Talk to a 1031 specialistData updated Apr 17, 2025
Offering size$25.1M
Asset typeNet Lease
LocationMulti-state
FinancingNot disclosed
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedFeb 15, 2024
Last filedApr 17, 2025
Minimum$50k
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.
AEI Net Lease Portfolio 23 DST is a Delaware statutory trust sponsored by AEI Capital, a St. Paul, Minnesota real estate firm operating from 30 East 7th Street, Suite 1300. Issuer filings identify Marni J. Nygard as president of the manager and a director, Kevin Steele as chief operating officer and a director, and Keith Petersen as chief financial officer, with AEI Trust Advisors, Inc. and AEI Trust Manager, LLC named as promoters. The trust conducted a Regulation D exempt offering with a total offering amount of $25,100,000; an amendment dated April 17, 2025 reported $23,436,861 sold across 62 investors.
Outcome not yet confirmed
We have not found a documented sale, conversion, or other terminal event for this offering. This does not confirm that the trust remains operating.
First filedFeb 15, 2024
Latest filingApr 17, 2025
Filings tracked10
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Management
AEI Net Lease Portfolio 23 DST is associated with AEI Capital and operates from 30 East 7th Street, Suite 1300, St. Paul, Minnesota. Issuer filings identify Marni J. Nygard as president of the issuer's manager and a director, Kevin Steele as chief operating officer and a director, and Keith Petersen as chief financial officer, with AEI Trust Advisors, Inc. and AEI Trust Manager, LLC named as promoters 1.
Offering record
The trust's Regulation D exempt offering carried a total offering amount of $25,100,000. An amendment dated April 17, 2025 reported $23,436,861 sold across 62 investors 1. The filings trace to CIK 1987775 2.
Sources (2)
In the news
Frequently asked questions
Is AEI NET LEASE PORTFOLIO 23 DST currently active?
AEI NET LEASE PORTFOLIO 23 DST is part of the researched historical archive. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for AEI NET LEASE PORTFOLIO 23 DST?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.