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.
ADREX Diversified 10 DST is a Delaware statutory trust affiliated with Ares under its ADREX brand. Its most recent issuer filing, a Form D/A dated February 27, 2026, reported a total offering amount of about $539.6 million, of which roughly $381.0 million had been sold as of that filing date. The public record documents the trust's Ares/ADREX sponsorship and the reported scale of its exempt offering as of that filing.
MultifamilyNo photo on recordNo property photo available
Min $500k; $381.0M of $539.6M sold (~71%) per D/A 2026-02-27; 506(b); interests outstanding per AREIT FY2025 10-K
Form D raise progress Latest Form D filed Feb 27, 2026
Based on issuer-filed Form D notices through Feb 27, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount71.0%
Capital sold, per latest Form D$381,006,617
Remaining amount reported in latest Form D$158,552,612
Investor count reported in latest Form D202
Stated minimum investment$500,000
▣ See the full reported financial recordBy creating an account you agree to the Terms of Service and acknowledge the Privacy Policy. We'll email you sign-in links and service notices about your account.
Form 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
Sponsor and identity
ADREX Diversified 10 DST is a Delaware statutory trust affiliated with Ares under its ADREX brand 1.
Offering record
The trust's most recent issuer filing, a Form D/A dated February 27, 2026, reported a total offering amount of $539,559,229, of which $381,006,617 had been sold as of that filing date 2.
DST Sales Hit $693M in May, YTD Pace Up 24% to $3.75BMay 2026 DST tracker: Ares led YTD with $804.9M (21.5% market share); the ADREX Diversified 10 DST is part of the Ares program offerings contributing to that leadership.
DST Sales Surpass $8.4 Billion in 2025, According to Mountain DellYear-end 2025 DST fundraising tracker notes Ares Real Estate Exchange raised approximately $1.6 billion in 2025 (19.08% market share), the largest sponsor; activity includes offerings within the ADREX program such as the Diversified 10 DST.
ADREX Diversified 10 DST is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for ADREX Diversified 10 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.