Lowe's Home Improvement Center
Retail property in Vestal, NY · sponsored by ARCTRUST
Lowe's Home Improvement Center was a DST sponsored by ARCTRUST that owned a retail property in Vestal, NY (131,645 square feet). Its last Form D was filed Aug 17, 2022.
How it ended
No outcome recorded · under 7 years
Last Form D filed Aug 17, 2022.
Key facts
- Minimum investment
- $50,000From the Form D
- Offering size
- $12,174,000Equity offered, per the Form D
- Sold
- Not reported after the first Form D (Aug 17, 2022)Form D, Aug 17, 2022
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,065,225 · 8.7% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
- 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: Lowe's Home Improvement Center. Top1031 is not a broker-dealer.Lowe's Home Improvement Center · Vestal, NY · Photo: arctrustprivatecapital.com
What did Lowe's Home Improvement Center own?
The Trust's asset is a freestanding Lowe's home improvement store at 225 Sycamore Rd. in Vestal, New York; Lowe's store locator showed the location open on August 24, 2026. 1 AltsWire's directory describes the site as 14.48 acres leased in its entirety to Lowe's, under a lease dating back to 1996. 2 No public record establishes what ARCTRUST paid for the property or when it took title.
- Reported location
- Vestal, NY
- Property size
- 131,645 square feet
Tenant and lease terms are not in the SEC filings or cited sources.
How was it financed, and what did it cost to sell?
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
- $1,065,225 · 8.7% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $2,692,000 · 22.1% of offeringForm D Item 16· The filing’s note: “ARCTRUST Vestal Home Improvement Holdings, LLC will be responsible for paying certain fees and costs of approximately $2,093,891.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Arete Wealth Management, LLC · CRD 44856
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Not in the Form D
- Minimum investment
- $50,000
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 Lowe's Home Improvement Center?
ARCTRUST Private Capital states that its investment structures are sponsored by its parent company, ARCTRUST, and its site lists this Vestal trust. 3 The Form D names ARCTRUST Vestal Home Improvement Holdings, LLC and ARCTRUST Vestal Home Improvement ST, LLC as promoters, with Gary Baumann, Robert Ambrosi and James Steuterman as executive officers. 4 On May 14, 2025, plaintiffs' firm The White Law Group published a page describing an investigation into potential securities claims involving this offering.
- Sponsor
- Offerings on record
What does the SEC record show?
ARCTRUST opened the SEC file for this Trust and never returned to it, so no later notice reported how the raise progressed. 4 The private-placement exemption used here bars general advertising, limiting the offering to accredited investors — those meeting SEC income or net-worth tests — reached through existing relationships.
- Legal Trust name
- ARCTRUST Vestal Home Improvement DST
- SEC CIK
- 1943210
- First Form D
- Aug 17, 2022
- Latest Form D
- Aug 17, 2022
- 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 | $12,174,000 | $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 Lowe's Home Improvement Center?
- Lowe's Home Improvement Center is a Historical offering. Last Form D filed Aug 17, 2022.
- What property does the Trust own?
- A single-tenant Lowe's home improvement store in Vestal, New York. Lowe's store locator lists the address as 225 Sycamore Rd., Vestal, NY 13850 and showed the store open as of August 24, 2026. AltsWire's directory describes the parcel as 14.48 acres.
- Who is the tenant and how long is the lease?
- Lowe's Inc. occupies the whole building. AltsWire's directory entry reports the lease started in 1996, was extended in 2021, includes rent increases every five years, and had approximately 11.5 years of base term remaining plus renewal options at the time of that listing. The Trust depends entirely on this one tenant.
- Is the Trust leveraged, and who is the lender?
- Unknown from public sources. The Form D does not disclose loan terms, and no deed, mortgage record, or sponsor disclosure establishing debt, loan-to-value, or a lender was located for this Trust. An investor would need the offering documents to see the financing.
- What was the minimum investment?
- The Form D filed August 17, 2022 reported a $50,000 minimum outside investment for this offering. That figure comes from the SEC notice filing, not from a current sponsor document.
- Can this Trust roll into a REIT through a 721/UPREIT exit?
- The record shows no 721/UPREIT feature — the structure in which DST interests are contributed to a REIT's operating partnership in exchange for units. Nothing in the SEC filing or sponsor materials reviewed describes a REIT conversion path for this Trust.
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.