Groma FMW DST
Multifamily property · sponsored by Groma
Groma FMW DST was a DST sponsored by Groma that owned a multifamily property. Its last Form D, filed Aug 17, 2023, reports the offering fully sold.
How it ended
The last Form D, filed Aug 17, 2023, reports the offering fully sold.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $2,700,000Equity offered, per the Form D
- Sold
- 100%Form D, Aug 17, 2023; the % is our arithmetic
- Investors reported
- Form D, Aug 17, 20231
- Selling commissions
- Form D Item 15; the % is our arithmetic$0 · 0.0% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.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 →
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Ask a 1031 specialist about this recordFree. About: Groma FMW DST. Top1031 is not a broker-dealer.What did Groma FMW DST own?
The trust was created on July 11, 2023 and purchased two residential properties in Boston, Massachusetts on August 7, 2023. 2 The public records reviewed do not disclose the street addresses, unit counts, or occupancy of those buildings. During 2023 the trust entered a $92,000 renovation construction agreement with an affiliate of its trustee, an amount still carried in property and equipment at December 31, 2025. 3
How was it financed, and what did it cost to sell?
Neither the Form D nor the sponsor audited statements reviewed disclose a lender, loan balance, or loan-to-value for this trust. The records do show debt exists: the November 1, 2023 transfer of beneficial interests included the buyer assuming its share of the trust's debt. 3
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $0 · 0.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- None named in the Form D
- Date of first sale
- Aug 1, 2023
- 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.
Who's behind Groma FMW DST?
Groma is a Boston-based multifamily sponsor; the Form D names Groma NAV REIT Operating Partnership, LP as executive officer, Groma NAV REIT, Inc. as its parent, and GromaCorp, Inc. as promoter of the offering. 1 An entity identified as NB in the REIT's audited financials held all of the trust's beneficial interests until October 31, 2023; effective November 1, 2023 the trust sold 91.35% of them to an unrelated party for $2,411,946, and NB's stake stood at 8.65% at December 31, 2025. 3
- Sponsor
- Offerings on record
What does the SEC record show?
Groma's SEC paperwork for this trust is a single notice filing with no amendments and no later disclosure of the underlying properties. It was placed privately with accredited investors — people meeting SEC income or net-worth tests — rather than by public advertising.
- Legal Trust name
- Groma FMW DST
- SEC CIK
- 1990345
- First Form D
- Aug 17, 2023
- Latest Form D
- Aug 17, 2023
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $2,700,000 | $2,700,000 | 1 | 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 Groma FMW DST?
- Groma FMW DST is a Historical offering. The last Form D, filed Aug 17, 2023, reports the offering fully sold.
- What property does the Trust own?
- Two residential properties in Boston, Massachusetts, purchased on August 7, 2023 by the trust, which had been created on July 11, 2023. The public records reviewed do not disclose the street addresses, unit counts, or occupancy of the two buildings.
- Who pays the rent?
- Groma CCP FMW Master Tenant, LLC leases the entire property from the Trust under a master lease effective October 17, 2023 that expires April 30, 2031. In this structure the master tenant, not the individual residents, is the Trust's tenant of record, and it manages the residential leasing.
- Does the Trust use mortgage debt?
- The records reviewed do not state a lender, loan amount, or loan-to-value. They do indicate debt exists: when 91.35% of the Trust's beneficial interests were sold effective November 1, 2023, the buyer assumed its share of the Trust's debt.
- Has the Trust reported a sale or other full-cycle outcome?
- No outcome has been reported. The public records reviewed through September 2, 2026 show no disposition, refinancing, foreclosure, or distress event specific to this trust, and the sponsor data shows no REIT conversion or 721/UPREIT exit — the option to roll into an operating partnership for REIT shares — for this offering.
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.