Top1031

Cunat Exchange IX

Multifamily property · sponsored by Cunat

HistoricalLast Form D, filed Mar 2, 2026, reports the offering fully sold (opens in a new tab)

Cunat Exchange IX was a DST sponsored by Cunat that owned a multifamily property. Its last Form D, filed Mar 2, 2026, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Mar 2, 2026, reports the offering fully sold.

Cunat has 1 active offering on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$14,629,859
Equity offered, per the Form D
Sold
100%
Form D, Mar 2, 2026; the % is our arithmetic
Investors reported
48
Form D, Mar 2, 2026
Selling commissions
$877,792 · 6.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Leveraged. This offering reports mortgage debt on the property.
How it is financed ↓
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: Cunat Exchange IX. Top1031 is not a broker-dealer.

What did Cunat Exchange IX own?

The public filings for this Trust do not name the property or give an address. Cunat's own announcement of its Exchange-series program described the holdings as townhome-style multifamily communities in the McHenry, Illinois area managed by Cunat, but no filing or news report reviewed ties a specific community to Exchange IX. The asset is classified as multifamily and nothing more specific is established.

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

Mortgage debt sits on the property, meaning investor equity funded only part of the purchase and a lender's terms govern the asset. The Form D filings name no lender and state no loan amount, rate, or maturity — those terms would appear only in the offering documents.

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.

Costs and terms from the Form D

Selling commissions
$877,792 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
Broker-dealers named in the Form D
11 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Aug 14, 2025
Minimum investment
$100,000

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.

What does the SEC record show?

Two filings carry the whole record: an initial Form D, the brief notice a private issuer files with the SEC after its first sale, and a single amendment that closed out the raise. The offering was private — no general advertising, sales to investors the sponsor already had relationships with.

Legal Trust name
Cunat Exchange IX DST
SEC CIK
2083368
First Form D
Aug 26, 2025
Latest Form D
Mar 2, 2026
Filings on record
2
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$14,629,859
$14,629,859+$14,193,194
48+45
EDGAR
Form D$14,629,859
$436,665
3
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 Cunat Exchange IX?
Cunat Exchange IX is a Historical offering. The last Form D, filed Mar 2, 2026, reports the offering fully sold.
What property does this Trust actually own?
The public record does not say. Neither the August 26, 2025 Form D nor the March 2, 2026 amendment names a property, address, or unit count, and no news report reviewed identifies the Exchange IX asset. It is classified as multifamily. Only the offering documents issued to investors would identify the community.
What was the minimum investment?
The Form D filed August 26, 2025 states a minimum investment of $100,000 and identifies the securities sold as equity interests in the Trust.
How was the deal financed?
It is a leveraged DST, meaning the Trust holds mortgage debt on the property alongside investor equity. The Form D filings disclose no lender, loan amount, interest rate, or maturity date, so the debt terms cannot be verified from public records.
Has this Trust sold the property or gone full cycle?
No sale or full-cycle outcome has been reported for Cunat Exchange IX. The sponsor did announce a full cycle for a different Trust, Cunat Exchange I DST, on September 30, 2025. Exchange IX remains outstanding with no exit reported.
Could this Trust convert into a REIT through a 721 exchange?
The record shows no 721/UPREIT provision, the feature in some DSTs that lets investors swap their interest for operating partnership units in a REIT at exit. Nothing in the filings indicates a REIT conversion path for this Trust.

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.