Eterno HoldCo DST
Other property — sponsored by Blackstone (BXREX)
No Eterno HoldCo-specific property, address, size, photo, or status was publicly identified; the two AltsWire items provide only Blackstone/BXREX sponsor context and describe other BXREX offerings.
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These links support the public record as a whole; individual details may come from different sources.
Location not on recordThe SEC filings for this offering do not give a property address. The filing history below is the current public record.
What is this, in one paragraph?
Eterno HoldCo DST is a Delaware statutory trust sponsored by Blackstone's real estate exchange program, BXREX.1 A DST holds real property and issues fractional interests that accredited investors — those meeting SEC income or net-worth tests — can buy as replacement property in a 1031 exchange. Its single Form D names no building, tenant, or lender, so what this Trust will own is not yet public.
Minimum investment
Not stated
Offering size
$55.0M
How much has sold
None sold yet
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
Nothing about the property is public yet. The Trust's only filing classifies the issuer as Real Estate—Commercial and lists 345 Park Avenue, New York as its business address — an office address, not a property location.1 No asset type, city, square footage, or portfolio description appears in any public record for this Trust.
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
Raise history appears here once sales are filed — free account required.
Who's behind it?
The Form D names Blackstone Real Estate Exchange LLC as sponsor, BXREX Eterno Manager, LLC as trust manager, and BXREX Eterno Depositor, LLC as parent depositor — the affiliate that places property into the trust.1 BXREX is Blackstone's 1031 exchange channel. AltsWire reported on November 8, 2025 that Blackstone's BREIT had unveiled a DST platform for ultra-high-net-worth investors with new share classes, and on December 4, 2025 described BXREX Portfolio I as a multifamily offering with Nevada and Texas assets.
- Sponsor
- Blackstone (BXREX)
- May convert to a REIT
- No
- Offerings from this sponsor
- 3 active / 3 total offerings from Blackstone (BXREX)
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The Form D on record, accession 0002147764-26-000001, is the short notice a private placement files with the SEC when it begins selling; no amendment has followed it. It is offered under Rule 506(b), the exemption that bars general advertising and limits sales to accredited investors the sponsor's selling group already knows.
- Form D filedFirst and latest filing on record.
- Legal Trust name
- Eterno HoldCo DST
- Filings on record
- 1
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
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.
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.
Common questions
Is Eterno HoldCo DST still raising money?
Availability unconfirmed. Active means a filing within the past 15 months; it does not by itself establish current subscription availability.
Where does Top1031 get the data for Eterno HoldCo DST?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
What property does Eterno HoldCo DST own?
No public record identifies it. The Trust's single Form D, filed July 31, 2026, states an offering amount and names the sponsor, manager, and depositor, and classifies the issuer as commercial real estate, but discloses no property, city, asset type, tenant, or lease. The Private Placement Memorandum (PPM) — the sponsor's full offering document — is where that information would appear.
Is this Trust raising money now?
It is an active offering: a Form D was filed July 31, 2026 and has not been amended or withdrawn. The current subscription figures the Trust reported to the SEC are shown in the sales rows on this page.
What is a DST and why does it matter for a 1031 exchange?
A Delaware Statutory Trust holds title to real estate and issues beneficial interests to investors. The IRS treats those interests as direct real property ownership, so they can serve as replacement property in a 1031 exchange. Investors are passive; the trustee and manager make all property decisions.
Can anyone buy in?
No. The Trust filed under Rule 506(b), which permits sales only to accredited investors with whom the sponsor or its selling broker-dealers have a pre-existing relationship, and prohibits public advertising of the offering.
How does this relate to Blackstone's other DST offerings?
It shares the BXREX platform. The Form D names Blackstone Real Estate Exchange LLC as sponsor, and affiliates named BXREX Eterno Manager, LLC and BXREX Eterno Depositor, LLC as manager and depositor. No filing links Eterno HoldCo to the BXREX Portfolio I multifamily offering AltsWire described on December 4, 2025.
Is there debt on the Trust?
Unknown from public filings. Form D does not disclose leverage, and no lender, loan amount, or loan-to-value figure has been published for this Trust. Any financing terms would be set out in the PPM.
Chapter 7Blackstone's Eterno HoldCo DST files for $54,951,483, below either BXREX Portfolio trustTop1031 reported that Eterno HoldCo DST filed a Form D on July 31, 2026 for a $54,951,483 commercial offering and provided no property or subscription-status details.