Peanut Factory Lofts
Multifamily property in San Antonio, TX — sponsored by Cove Capital Investments
Files with the SEC as San Antonio Multifamily 74 DST
Minimum investment
$1k
Offering size
$18.7M
How much has sold
15.0%
Asset type
Multifamily property
Location
San Antonio, TX
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Peanut Factory Lofts combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
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These links support the historical public record; individual details may come from different 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?
- Reported location
- San Antonio, TX
- Property size
- 102 units
How did it end?
No sale or other ending on record
Property (Peanut Factory Lofts, 102-unit multifamily, downtown San Antonio) was acquired by Cove Capital on Sep 19, 2024 and the DST fully subscribed on May 30, 2025 with $18,679,418 in equity; no full-cycle/exit announcement has been published and Cove's most recent (Jun 17, 2026) portfolio milestone press release does not list this trust as completed, and the property remains an operating apartment community per its own website and Zillow/Yelp listings [1][2][3].
102-unit multifamily asset converted from a historic 1912 peanut-processing facility. Acquired by Cove Capital Sep 2024; equity targeted approximately $18.68M. Fully subscribed May 2025.
102 unitsSupporting evidence
How is it financed, and what does it pay?
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
- Sponsor
- Cove Capital Investments
- Legal Trust name
- San Antonio Multifamily 74 DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 24 active / 57 total offerings from Cove Capital Investments
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- 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
What happened to Peanut Factory Lofts?
Top1031 lists Peanut Factory Lofts as historical. It is no longer raising money.
Where does Top1031 get the data for Peanut Factory Lofts?
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.
Chapter 8Cove Capital Fully Subscribes $18.68M Multifamily DST OfferingCove Capital fully subscribed its $18.68M Cove San Antonio Multifamily 74 DST backed by the Peanut Factory Lofts. Cove Capital Investments purchases Peanut Factory Lofts in San AntonioCove Capital purchased the Peanut Factory Lofts, a 102-unit asset, for the Cove San Antonio Multifamily 74 DST targeting $18.68M in equity. Cove Capital Investments complete the acquisition of a high-quality multifamily assetTrade-press coverage of Cove Capital's all-cash acquisition of The Peanut Factory Lofts in downtown San Antonio to launch the San Antonio Multifamily 74 DST with an $18,679,418 equity raise. Cove Capital Acquires San Antonio Multifamily Asset for DST OfferingCove Capital acquired The Peanut Factory Lofts, a 102-unit multifamily asset in downtown San Antonio, to seed the Cove San Antonio Multifamily 74 DST.