Top1031

ADREX Diversified 6 DST

sponsored by Ares (ADREX)

HistoricalLast Form D, filed Feb 26, 2025, reports the offering fully sold (opens in a new tab)

ADREX Diversified 6 DST, sponsored by Ares (ADREX), filed its first Form D with the SEC on Jun 20, 2024 for a $254.3 million offering. Its last Form D, filed Feb 26, 2025, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Feb 26, 2025, reports the offering fully sold.

Ares (ADREX) has 4 active offerings on record →

Key facts

Minimum investment
$500,000
From the Form D
Offering size
$230,850,000
Equity offered, per the Form D
Sold
100%
Form D, Feb 26, 2025; the % is our arithmetic
Investors reported
122
Form D, Feb 26, 2025
Selling commissions
$12,719,008 · 5.5% of offering
Form D Item 15; the % is our arithmetic
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 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: ADREX Diversified 6 DST. Top1031 is not a broker-dealer.

What did ADREX Diversified 6 DST own?

No property has been publicly identified for this Trust. The Form D filings name no asset, city, state, or asset class, and no property-level description appears in trade press or the sponsor's public marketing materials. Investors who subscribed would have received that description in the offering documents.

How was it financed, and what did it cost to sell?

Costs and terms from the Form D

Selling commissions
$12,719,008 · 5.5% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$10,811,156 · 4.6% of offering
Form D Item 16
· The filing’s note: “Estimate includes Dealer Manager Fee, Facilitation Fee and Organizational Exp. and RE Transaction Cost Allowance that may accrue to one or more related persons.”
Broker-dealers named in the Form D
16 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jul 16, 2024
Minimum investment
$500,000

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.

What does the SEC record show?

Two filings tell the whole story: an initial Form D, then one amendment reporting a first sale date of July 16, 2024 and marking the raise complete. 2 The initial filing had contemplated a $254,380,165 offering, larger than the amount ultimately sold. 1 Rule 506(b) means no public advertising — interests were placed through existing relationships.

Legal Trust name
ADREX Diversified 6 DST
SEC CIK
2027395
First Form D
Jun 20, 2024
Latest Form D
Feb 26, 2025
Filings on record
2
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$230,850,000was $254,380,165
$230,850,000+$230,850,000
122
EDGAR
Form D$254,380,165
$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 ADREX Diversified 6 DST?
ADREX Diversified 6 DST is a Historical offering. The last Form D, filed Feb 26, 2025, reports the offering fully sold.
What property does this Trust own?
The public record does not say. The Form D filings disclose no property name, address, city, state, or asset class, and no property-level detail has appeared in press releases, trade press, or the sponsor's public marketing materials. Only the offering documents given to subscribing investors would have identified the asset or portfolio.
Did the offering size change between filings?
Yes. The initial Form D filed June 20, 2024 contemplated a total offering of $254,380,165. The February 26, 2025 amendment restated the total offering amount to match what had actually been sold, a lower figure, and reported nothing remaining.
Is there a 721/UPREIT exit for this Trust?
The record on file shows no REIT conversion feature. A 721/UPREIT exit is a structure in which a DST's property is later contributed to a real estate investment trust in exchange for operating-partnership units. Nothing in the Form D filings for this Trust describes such a path.
Has any outcome been reported since the raise closed?
No outcome — sale, refinancing, or other disposition — has been reported in the public record for this Trust. Its most recent SEC filing is the February 26, 2025 Form D/A. Ares Real Estate Income Trust Inc. still listed the Trust as a Delaware subsidiary as of December 31, 2025.

Sources

Show sources (5)Hide sources (5)

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 offering documents before investing.