Cove Diversified Portfolio 88 DST
Legal trust name Diversified Portfolio 88 DST
Talk to a 1031 specialistData updated May 5, 2025
Offering size$27.7M
Asset typeIndustrial
LocationTX
FinancingAll cash
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedMay 5, 2025
Last filedMay 5, 2025
Minimum$1k
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.
Cove Diversified Portfolio 88 DST is a Regulation D Rule 506(c) Delaware statutory trust sponsored by Cove Capital Investments. Launched July 1, 2025, it holds a five-property, debt-free (unlevered) portfolio totaling roughly 211,000 square feet across Kentucky, Texas, South Carolina, New York, and California. The portfolio pairs four single-tenant net lease assets with one multi-tenant retail asset, with named tenants including Tractor Supply Co., a Pepsi distribution center, a Sunbelt Rentals building, and a corporate pharmacy. The offering was sized at $27,689,229 of equity, and Cove Capital announced on May 11, 2026 that it was fully subscribed.
$27.69M raised (5/2026); 0% leverage; min $100k; tenants: Tractor Supply, Pepsi DC, Sunbelt Rentals, pharmacy
~211,000 SF (5 properties)Based on issuer-filed Form D notices through May 5, 2025. 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 amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D—
Remaining amount reported in latest Form D$27,689,229
Investor count reported in latest Form DNot disclosed
Stated minimum investment$1,000
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.
First filedMay 5, 2025
Latest filingMay 5, 2025
Filings tracked1
View filing on SEC EDGARForm 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
Portfolio and structure
Cove Diversified Portfolio 88 DST is a Delaware statutory trust sponsored by Cove Capital Investments and structured as a Regulation D Rule 506(c) offering 13. Sponsor material describes an all-cash/debt-free (0% leverage) portfolio of five assets spanning Texas, South Carolina, Kentucky, California, and New York, combining four single-tenant net lease properties with one multi-tenant retail asset exceeding 100,000 square feet 3. Named tenants include Tractor Supply Co., a Pepsi distribution center, a Sunbelt Rentals building, and a corporate pharmacy 3.
Offering record
The program launched July 1, 2025, sized at $27,689,229 of equity, with quotes attributed to Founding Members Dwight Kay and Chay Lapin 4. An issuer-filed Form D dated May 5, 2025 reported the same $27,689,229 total offering amount with none sold as of that date 2. On May 11, 2026, Cove Capital announced the offering was fully subscribed, reporting $27,689,229 raised across the five-asset, debt-free portfolio totaling approximately 211,000 square feet across Kentucky, Texas, South Carolina, New York, and California 5.
In the news
Frequently asked questions
Is Cove Diversified Portfolio 88 DST currently active?
Cove Diversified Portfolio 88 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 Cove Diversified Portfolio 88 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.