AMG Chicago + Winding Woods
2 medical office properties in 2 states · sponsored by AEI Capital
AMG Chicago + Winding Woods is a DST sponsored by AEI Capital that owns 2 medical office properties in 2 states. Its latest Form D, filed Oct 23, 2025, lists a $22 million offering with a $25,000 minimum.
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $22,000,000Equity offered, per the Form D
- Sold so far
- Form D, Oct 23, 2025; the % is our arithmetic89.3%
- Investors reported
- Form D, Oct 23, 202554
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,100,000 · 5.0% of offering
- Financing
- All cash. This offering reports no mortgage debt.How it is financed ↓
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Sales so far
- Latest Form D
- Oct 23, 2025 · 7 filings
- First sale
- Jul 17, 2025
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $19,663,300
- Not yet sold
- $2,336,700
- Investors
- 54
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
89.3% of $22,000,000 sold, calculated by Top1031 from the Form D
- Average since first sale
- about $6.1 million a month
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Ask a 1031 specialist about this recordFree. About: AMG Chicago + Winding Woods. Top1031 is not a broker-dealer.AMG Chicago + Winding Woods · Photo: aeifunds.com
Multiple property locations are on record; no single map.
What does AMG Chicago + Winding Woods own?
AEI Capital bought each building outright and syndicated the equity afterward. The trust acquired the Chicago clinic on December 18, 2024 for $7,510,000. 1 The O'Fallon, Missouri building followed on February 18, 2025 for $11,345,000, a price the memorandum says was reduced by a $573,940 credit for future tenant-improvement work. 1 Both closings preceded the Trust's first Form D.
- Property address
- 2210 West 95th Street
- Property size
- 69,645 SF total (25,000 SF Chicago; 44,645 SF O'Fallon)
Tenant and lease terms are not in the SEC filings or cited sources.
How have sales gone?
The sponsor’s own numbers, with the caveat in Sales so far ↑.
How is it financed, and what did it cost to sell?
Debt-free ownership means no loan to mature, no lender covenants and no refinancing event during the hold. 1 The flip side is that an exchanger who carried a mortgage on the relinquished property receives no replacement debt here and must satisfy that requirement another way.
Debt
- Financing
- All cash. This offering reports no mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $1,100,000 · 5.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $2,459,000 · 11.1% of offeringForm D Item 16· The filing’s note: “AEI Net Lease Portfolio 22 Depositor, LLC will be responsible for paying certain fees and costs of approximately $1,830,000”
- Broker-dealers named in the Form D
- 14 named in the Form D
Show the firms
- AEI Securities, Inc. · CRD 6158
- Ameritas Investment Company, LLC · CRD 14869
- Aurora Securities · CRD 46147
- Ausdal Financial Partners, Inc. · CRD 7995
- Avantax Investment Services, Inc. · CRD 13686
- Berthel, Fisher & Company Financial Services, Inc. · CRD 13609
- Concorde Investment Services, LLC · CRD 151604
- DFPG Investments, LLC · CRD 155576
- Emerson Equity LLC · CRD 130032
- FNEX Capital, LLC · CRD 166316
- Harbour Investments, Inc · CRD 19258
- Lighthouse Capital Group, LLC · CRD 169135
- Realized Financial, Inc. · CRD 22333
- Wealthforge Securities, LLC · CRD 152550
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jul 17, 2025
- Minimum investment
- $25,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.
Who's behind AMG Chicago + Winding Woods?
The memorandum names AEI Trust Advisors, Inc. as sponsor and AEI Trust Manager, LLC as the trust's manager, and this is the sixth vehicle in AEI's healthcare portfolio series. 1 AltsWire published a directory feature on AEI's debt-free Delaware Statutory Trust and 1031 exchange program dated July 3, 2026. 3
- Sponsor
- Offerings on record
What does the SEC record show?
The amendments have tracked accumulating sales rather than changing terms; the first of them lowered the stated minimum investment from $50,000 to $25,000. Interests are sold through broker-dealers and their representatives rather than advertised, and the governing document is the offering documents — not the Form D.
- Legal Trust name
- AEI Healthcare Portfolio VI DST
- SEC CIK
- 2075510
- First Form D
- Jul 23, 2025
- Latest Form D
- Oct 23, 2025
- Filings on record
- 7
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Minimum | Filing on SEC EDGAR |
|---|---|---|---|---|---|---|
| Form D/A | $22,000,000 | $19,663,300+$621,844 | 54+5 | $25,000 | EDGAR | |
| Form D/A | $22,000,000 | $19,041,456+$1,565,658 | 49+7 | $25,000 | EDGAR | |
| Form D/A | $22,000,000 | $17,475,798+$9,886,295 | 42+23 | $25,000 | EDGAR | |
| Form D/A | $22,000,000 | $7,589,503+$3,002,304 | 19+5 | $25,000 | EDGAR | |
| Form D/A | $22,000,000 | $4,587,199+$1,964,684 | 14+7 | $25,000 | EDGAR | |
| Form D/A | $22,000,000 | $2,622,515+$1,235,978 | 7+5 | $25,000was $50,000 | EDGAR | |
| Form D | $22,000,000 | $1,386,537 | 2 | $50,000 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
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.
Common questions
- Is AMG Chicago + Winding Woods an active offering?
- AMG Chicago + Winding Woods is an Active offering: its latest Form D was filed Oct 23, 2025. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
- Who occupies the two buildings, and how long are the leases?
- The June 2025 memorandum describes the Chicago property as 100% leased and occupied by Advocate Health and Hospitals Corporation, doing business as Advocate Medical Group, on a sublease running from January 1, 2024 through February 28, 2034 with two five-year renewal options. The O'Fallon, Missouri property is described as 100% leased and occupied by Mercy East Health Communities, formerly St. John's Mercy Healthcare, on a sublease expiring March 31, 2035 with four successive five-year renewal options. Mercy Health guarantees the Missouri sublease.
- What is the master lease, and why does it matter?
- Both projects are subject to a ten-year master lease with AEI Healthcare Portfolio VI MT, LLC, an affiliate of the trust manager, per the June 2025 memorandum. In that structure the Trust leases the buildings to the sponsor affiliate, which holds the subleases with the healthcare operators and handles day-to-day landlord decisions — a common arrangement because a Delaware Statutory Trust is sharply limited in what actions it can take on its own. Your payments depend on the master tenant, an affiliated party, not directly on the clinic operators.
- What does a debt-free, all-cash DST mean for me?
- The memorandum states the Trust obtained no financing on either project. With no mortgage, there is no loan to mature, no lender covenants and no refinancing event during the hold. The trade-off for a 1031 exchanger: Section 1031 requires you to replace the debt you carried on the relinquished property, and this Trust supplies none, so that has to be handled elsewhere in your exchange.
- What did AEI pay for the properties, and when?
- The memorandum reports the Chicago clinic was acquired on December 18, 2024 for $7,510,000 and the O'Fallon building on February 18, 2025 for $11,345,000, the latter reduced by a $573,940 credit for future tenant-improvement obligations. Both closings preceded the Trust's first Form D filing on July 23, 2025 — a common sequence in which the sponsor buys first and raises investor equity afterward.
- Is there an unfunded obligation at the O'Fallon property?
- The June 2025 memorandum reports a remaining reimbursable tenant-improvement obligation of $573,939.57 at Winding Woods, says the Trust established a reserve to cover it, and notes the improvements could be made through June 30, 2027. The seller credit at closing matched that amount. How the reserve is held and what happens to any unspent balance are governed by the offering documents and the trust agreement.
In the news
Sources
Show sources (5)Hide sources (5)
These links support the record as a whole; individual details may come from different sources.
- Sponsor offering documents, Jun 2025
- AEI Capital Corporation ↗
- AltsWire ↗
- U.S. Securities and Exchange Commission ↗
- web.archive.org ↗
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 offering documents before investing.