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ADREX Diversified 12 DST

Diversified portfolio · sponsored by Ares (ADREX)

Active offeringLatest Form D filed Aug 31, 2026 (opens in a new tab)

ADREX Diversified 12 DST is a DST sponsored by Ares (ADREX) that owns a diversified portfolio. Its latest Form D, filed Aug 31, 2026, lists a $537.9 million offering with a $500,000 minimum.

Key facts

Minimum investment
$500,000
From the Form D
Offering size
$537,906,336
Equity offered, per the Form D
Sold so far
None reported as of Aug 31, 2026
Form D, Aug 31, 2026
Selling commissions
$26,895,317 · 5.0% of offering
Form D Item 15; the % is our arithmetic
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 →

Sales so far

Latest Form D
Aug 31, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice Aug 31, 2026.

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Ask a 1031 specialist about this recordFree. About: ADREX Diversified 12 DST. Top1031 is not a broker-dealer.

No photo on record. Location not stated in the SEC filings.

What does ADREX Diversified 12 DST own?

ADREX Diversified 12 DST is a Delaware statutory trust — fractional, passive co-ownership of real estate that can serve as replacement property in a 1031 exchange. Ares Diversified Real Estate Exchange LLC is named as sponsor, and the trust was organized in Delaware in 2026.1 One SEC Form D is the entire public record; it states the first sale has yet to occur and names no property.1

How is 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.
May convert to a REIT (721)
Not stated in the public record

Costs and terms from the Form D

Selling commissions
$26,895,317 · 5.0% of offering
Finders’ fees
$0
Recipients of sales compensation
1 named in the Form D
Show the names
  • Ares Wealth Management Solutions, LLC
Date of first sale
Not in the Form D
Minimum investment
$500,000

Form D Item 15 amounts may be the issuer’s estimates; the percentage is Top1031’s arithmetic on two Form D figures. The issuer marked these amounts as an estimate.

What does the SEC record show?

Legal Trust name
ADREX Diversified 12 DST
SEC CIK
2152215
First Form D
Aug 31, 2026
Latest Form D
Aug 31, 2026
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR
  1. Form D filedFirst and latest filing on record.

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 ADREX Diversified 12 DST an active offering?
ADREX Diversified 12 DST is an Active offering: its latest Form D was filed Aug 31, 2026. 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.
What property does ADREX Diversified 12 DST own?
The public record does not say. The Form D filed August 31, 2026 names no property, no location, no tenant or operator, and no lease terms. The asset behind this Trust remains unresolved from public filings as of September 25, 2026; only the private placement memorandum (PPM) — the offering document given to prospective investors — would describe it.
What minimum investment does the filing state?
The Form D filed August 31, 2026 reports a $500,000 minimum investment from an outside investor. Minimums can differ in practice between exchange and cash investors, and the PPM controls.
Does the Trust use debt, or offer a 721/UPREIT exit?
Neither is stated in the public record. The Form D does not disclose leverage, a lender, or any 721/UPREIT exit — a structure in which DST interests are later contributed to a REIT's operating partnership in exchange for OP units. Whether either applies here would appear only in the PPM.
Why is there so little information on this Trust?
The record holds a single Form D, filed August 31, 2026, and no later exact-entity disclosure surfaced in research run on September 25, 2026. Form D itself requires almost no property-level disclosure, so a newly launched DST often has a nearly empty public footprint until amendments report sales.

In the news

Sources

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These links support the record as a whole; individual details may come from different sources.

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.