Top1031

Cove Diversified Portfolio 88 DST

5 diversified properties in 5 states · sponsored by Cove Capital Investments

HistoricalLast Form D filed May 5, 2025 (opens in a new tab)

Cove Diversified Portfolio 88 DST was a DST sponsored by Cove Capital Investments that owned 5 diversified properties in 5 states. Its last Form D was filed May 5, 2025.

How it ended

No outcome recorded · under 7 years

The record lists the offering as fully subscribed; the last Form D was filed May 5, 2025.

Cove Capital Investments has 18 active offerings on record →

Key facts

Minimum investment
$1,000
From the Form D
Offering size
$27,689,229
Equity offered, per the Form D
Sold
Not reported after the first Form D (May 5, 2025)
Form D, May 5, 2025
Selling commissions
$1,384,461 · 4.9% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
How it is financed ↓
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

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 →

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Cove Diversified Portfolio 88 DST image

Cove Diversified Portfolio 88 DST · Photo: covecapitalinvestments.com

What did the Trust own?

Cove Diversified Portfolio 88 DST is a Cove Capital Investments program offered to 1031 exchange investors as a Regulation D Rule 506(c) offering. Cove Capital announced its launch on July 1, 2025 with five properties totaling roughly 211,000 square feet in Kentucky, Texas, South Carolina, New York and California. Four are single-tenant net-lease assets associated with Tractor Supply Co., a Pepsi distribution center, Sunbelt Rentals and a corporate pharmacy; the fifth is a multi-tenant retail property exceeding 100,000 square feet. The sponsor presents the portfolio as all-cash and debt-free with 0% leverage, and reported the offering fully subscribed on May 11, 2026 at $27,689,229 of equity.

Reported location
Multi-state (5)
Property size
~211,000 SF (5 properties)

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

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$1,384,461 · 4.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$2,486,755 · 8.9% of offering
Form D Item 16
· The filing’s note: “Mr Kay & Lapin will receive a portion of this amount (in)directly for various fees & selling commissions, EXCLUDING amounts received for sales in Oregon. OR proceeds will be received by registered representatives licensed in the state of OR”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Not in the Form D
Minimum investment
$1,000

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?

Legal Trust name
Diversified Portfolio 88 DST
SEC CIK
2066755
First Form D
May 5, 2025
Latest Form D
May 5, 2025
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D$27,689,229
$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 Cove Diversified Portfolio 88 DST?
Cove Diversified Portfolio 88 DST is a Historical offering. The record lists the offering as fully subscribed; the last Form D was filed May 5, 2025.

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 offering documents before investing.