AIREX Portfolio IV DST
sponsored by Ares (ADREX)
AIREX Portfolio IV DST, sponsored by Ares (ADREX), filed its first Form D with the SEC on Feb 24, 2022 for a $318.2 million offering. Its last Form D, filed Sep 14, 2022, reports the offering fully sold.
How it ended
The last Form D, filed Sep 14, 2022, reports the offering fully sold.
Key facts
- Minimum investment
- $500,000From the Form D
- Offering size
- $288,850,000Equity offered, per the Form D
- Sold
- 100%Form D, Sep 14, 2022; the % is our arithmetic
- Investors reported
- Form D, Sep 14, 2022163
- Selling commissions
- Form D Item 15; the % is our arithmetic$15,914,601 · 5.5% of offering
- 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: AIREX Portfolio IV DST. Top1031 is not a broker-dealer.How was it financed, and what did it cost to sell?
Costs and terms from the Form D
- Selling commissions
- $15,914,601 · 5.5% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $16,710,330 · 5.7% of offeringForm D Item 16· The filing’s note: “Estimate includes Dealer Manager Fee, Facilitation Fee, Loan Original Fee, and Organizational Expenses and Real Estate Transaction Cost Allowance”
- Broker-dealers named in the Form D
- 5 named in the Form D
Show the firms
- Ares Wealth Management Solutions, LLC · CRD 119546
- Commonwealth Financial Network · CRD 8032
- Morgan Stanley · CRD 149777
- Private Client Services, LLC · CRD 120222
- Purshe Kaplan Sterling Investments · CRD 35747
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Mar 15, 2022
- 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.
Who's behind AIREX Portfolio IV DST?
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- AIREX Portfolio IV DST
- SEC CIK
- 1913330
- First Form D
- Feb 24, 2022
- Latest Form D
- Sep 14, 2022
- Filings on record
- 4
- 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 | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $288,850,000was $318,292,011 | $288,850,000+$49,613,568 | 163+27 | EDGAR | |
| Form D/A | $318,292,011 | $239,236,432+$191,664,679 | 136+99 | EDGAR | |
| Form D/A | $318,292,011 | $47,571,753+$47,571,753 | 37 | EDGAR | |
| Form D | $318,292,011 | $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 AIREX Portfolio IV DST?
- AIREX Portfolio IV DST is a Historical offering. The last Form D, filed Sep 14, 2022, reports the offering fully sold.
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.