The Indigo
Multifamily (Form D industry group: Residential) property in Canton, GA — sponsored by Forum Investment Group
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What is this, in one paragraph?
The Indigo is a 168-unit Class A apartment community in Canton, Georgia, inside the Atlanta metro, owned by Forum Exchange I DST — a Delaware statutory trust formed September 25, 2025, the fractional-ownership vehicle that can hold replacement property in a 1031 exchange.1 Forum Investment Group announced the acquisition on December 9, 2025.2 Sponsor materials state the property carries no debt.3
Minimum investment
$250k
Offering size
$41.9M
How much has sold
1.0%
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?
The Indigo was built in 2022 in Canton, Georgia, north of Atlanta, with one-, two- and three-bedroom floorplans running from 731 to 1,410 square feet.4 Forum Investment Group announced on December 9, 2025 that it had bought the newly delivered 168-unit Class A community — its first real estate acquisition in nearly five years.2 The sponsor's December 2025 brochure calls the property stabilized and garden-style, roughly 86.90% leased as of November 18, 2025.3
- Reported location
- Canton, GA
Who is the tenant, and what's the lease?
Residents pay a master tenant, not the Trust. Forum's exchange page describes a 20-year net master lease, meaning the master tenant operates the property and bears costs such as taxes and insurance while paying the Trust fixed monthly rent, and states that FMREIT OP guarantees that lease.5
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.
1.0% reported sold
- Amount sold
- $358,000
- Reported unsold
- $41,506,176
- Investors reported
- 1
- Total offering
- $41,864,176
Not enough filings yet to show a trend.
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How is it financed, and what does it pay?
The Trust owns the building outright: sponsor materials state that property debt is none and characterize the offering as all equity, so there is no mortgage to service, refinance or replace.3 An exchanger who sold a mortgaged property would find no debt here to match.
Who's behind it?
Forum Investment Group is a Denver-based real estate investment firm, and The Indigo was its first property purchase in nearly five years.2 It introduced its Real Estate Exchange strategy on January 14, 2026 and named Grant Turner managing director of that 1031, DST and 721 exchange platform on March 2, 2026. Forum announced on July 21, 2026 that its Forum Real Estate Income Fund had surpassed $500 million in net assets as of July 7, 2026.
- Sponsor
- Forum Investment Group
- May convert to a REIT
- No
- Offerings from this sponsor
- 1 active / 1 total offerings from Forum Investment Group
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The only notice on record arrived as a new filing rather than an amendment, so no terms have been restated since launch. Because the offering relies on a private-placement exemption that bars general advertising, materials reach investors through the sponsor and firms holding selling agreements; Forum's exchange page lists The Indigo as its current DST offering and available now.5
- Form D filedFirst and latest filing on record.
- Legal Trust name
- Forum Exchange I DST
- Filings on record
- 1
- How it may be offered
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- 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 The Indigo still raising money?
The sponsor’s SEC filings show the offering raising money within the past 15 months. A filing does not by itself confirm you can still buy in.
Where does Top1031 get the data for The Indigo?
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.
Is The Indigo definitely the property behind this Trust?
Forum's own offering materials say so. The December 2025 Forum Exchange brochure states that Forum Exchange I DST owns The Indigo, a stabilized Class A garden-style community of 168 units in Canton, Georgia, and the offering memorandum effective December 22, 2025 identifies the Trust as a Delaware statutory trust formed September 25, 2025. The SEC Form D itself names no property or address. Forum separately announced on December 9, 2025 that it had acquired the community. Title and ownership are documented in the PPM, the offering's governing disclosure document.
Does the Trust carry a mortgage?
No lender, loan balance, rate or maturity appears in the reviewed record because the sponsor's December 2025 brochure states that property debt is none and describes the transaction as an all-equity offering. The January 2026 Form D likewise reports an equity offering only. For an exchanger who must replace debt from a sold property, an all-equity Trust offers nothing to match. The capitalization section of the PPM governs.
How does income reach investors?
Through a master lease rather than directly from residents. Forum's exchange page describes a 20-year net master lease under which the master tenant pays the Trust fixed monthly rent and bears operating costs such as taxes and insurance, states that FMREIT OP guarantees the lease, and states that distributions to investors are made monthly. The lease and guaranty documents themselves control, and they sit in the PPM.
Is there a path out of the Trust before the property is sold?
Forum's exchange page describes an option — not an obligation — for FMREIT OP to acquire 100% of the DST interests at fair market value, with consideration in OP units or cash at FMREIT OP's discretion. OP units are operating-partnership units in an affiliated REIT's partnership, the mechanism behind a 721 or UPREIT-style exchange. The reviewed materials describe no redemption program, and whether or when that option would be exercised is not established by the record. The option terms are in the PPM.
Who can invest, and what is the minimum?
The Trust is offered under Rule 506(b), the private-placement exemption that permits sales to accredited investors — those meeting SEC income or net-worth tests — without general advertising. The Form D filed January 16, 2026 reports a maximum offering amount of $41,864,176 and a $250,000 minimum outside investment, and Forum's exchange page states the same $250,000 minimum equity investment.
How full is the property?
Forum's December 2025 brochure states that, according to the rent roll, The Indigo was approximately 86.90% leased as of November 18, 2025. That is a single dated snapshot taken before the offering launched, not a current occupancy figure. A current rent roll and trailing operating statements would come from the sponsor.
Chapter 9Forum Investment Group Buys 168-Unit Indigo Apartments in Canton, GeorgiaDenver-based Forum Investment Group purchases The Indigo, a 168-unit Class A apartment community at 300 Prominence Point Parkway in Canton, Georgia. Forum Investment Group Announces Acquisition of The Indigo, a Newly Delivered Class A Multifamily Community North of Atlanta, GeorgiaForum announced the acquisition of The Indigo, a 168-unit Class A multifamily community in Canton, GA, marking its first real estate acquisition in nearly five years.