ARCTRUST Essential Property, DST
2 net lease retail properties in 2 states · sponsored by ARCTRUST
ARCTRUST Essential Property, DST was a DST sponsored by ARCTRUST that owned 2 net lease retail properties in 2 states. Its last Form D was filed Jan 16, 2024.
How it ended
Last Form D filed Jan 16, 2024.
Key facts
- Minimum investment
- $2,958,538From the Form D
- Offering size
- $2,958,538Equity offered, per the Form D
- Sold
- Not reported after the first Form D (Jan 16, 2024)Form D, Jan 16, 2024
- Selling commissions
- Form D Item 15; the % is our arithmetic$0 · 0.0% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries 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 →
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Ask a 1031 specialist about this recordFree. About: ARCTRUST Essential Property, DST. Top1031 is not a broker-dealer.ARCTRUST Essential Property, DST · Photo: arctrustprivatecapital.com
What did the Trust own?
ARCTRUST built this trust around several separately tenanted buildings rather than a single asset. The trust was organized in Delaware, with 2021 reported as its year of formation. 1 The sponsor's own offering page dates the holding 2021–present. 2 Individual addresses, building sizes, and any acquisition date or price appear in neither the SEC filing nor the sponsor's public page.
- Reported location
- Multi-state (2)
- Property size
- Portfolio (Wawa, CVS, Goodwill, T&M Associates locations across NJ and FL)
Tenant and lease terms are not in the SEC filings or cited sources.
How was it financed, and what did it cost to sell?
Neither the Form D nor the sponsor's public page says whether this trust carries mortgage debt or was bought all-cash, and no lender is named anywhere in the reviewed record. Those terms would live in the offering documents.
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $0 · 0.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- None named in the Form D
- Date of first sale
- Not in the Form D
- Minimum investment
- $2,958,538
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.
Who's behind the Trust?
ARCTRUST is a New Jersey–based real estate firm focused on net-leased "essential" retail, raising 1031 capital through its ARCTRUST Private Capital arm. The Form D names ARCTRUST itself as an executive officer of the trust, with the relationship given as general partner, and Gary S. Baumann signed as manager of ARCTRUST Essential Property ST LLC. 1 The issuer address on file is 1401 Broad Street, Clifton, New Jersey. 1
- Sponsor
- Offerings on record
What does the SEC record show?
The trust filed once and never amended — a single Form D, the short notice an issuer sends the SEC after a private placement begins, not an approval. 3 The exemption claimed bars public advertising, so interests reach accredited investors — those meeting SEC income or net-worth tests — through existing relationships. 1
- Legal Trust name
- ARCTRUST Essential Property, DST
- SEC CIK
- 2007619
- First Form D
- Jan 16, 2024
- Latest Form D
- Jan 16, 2024
- Filings on record
- 1
- 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 | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $2,958,538 | $0 | 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
- What happened to ARCTRUST Essential Property, DST?
- ARCTRUST Essential Property, DST is a Historical offering. Last Form D filed Jan 16, 2024.
- Who are the tenants?
- ARCTRUST identifies Wawa, CVS, Goodwill and T&M Associates as the tenants across New Jersey and Florida locations. The sponsor has not published lease commencement or expiration dates, rent, escalation terms, or how the portfolio's income is split among those tenants, so tenant concentration cannot be assessed from public sources.
- Is there a 721 exchange or UPREIT exit here?
- The record shows no REIT conversion feature for this trust. A 721/UPREIT exit — where a DST's property is contributed to a REIT's operating partnership in return for units — is a structure some sponsors build in, and its absence means an investor should look to a straight sale or another 1031 exchange as the eventual exit path. The offering documents govern.
- What is missing from the public record on this Trust?
- A lot. There are no street addresses, no square footage, no acquisition date or purchase price, no mortgage balance, lender or loan terms, no lease dates or rent figures, and no occupancy figure in either the SEC filing or the sponsor's page. Anyone evaluating this trust would need the offering documents and the sponsor's own reporting.
In the news
Sources
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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.