Nexus Children's Hospital - Dallas

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.

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.

Probably not, and you would need to confirm with the sponsor or your own representative. Vital Capital Partners announced on September 8, 2026 that the $9.67 million private placement for HPA Exchange – Vital Medical Dallas TX DST was fully subscribed, and independent outlets including Connect Money and Pulse 2.0 reported the same completion in September 2026. No amendment or closing notice has been filed on EDGAR, so the SEC record still reflects the offering as first noticed in September 2025.

Sponsor offering materials describe two layers. The Trust master leases the property to an affiliated master tenant on a 10-year lease with three five-year renewal options, and that master tenant subleases the building to Nexus Children's Hospital - Dallas, LLC, whose obligations are guaranteed by Nexus Health Systems, Inc. The sublease is absolute triple-net and runs through March 31, 2038, so the operator — not the Trust and not its investors — carries taxes, insurance, utilities, maintenance and structural obligations. The guaranty, renewal mechanics and default remedies are set out in the PPM, the Private Placement Memorandum that serves as the offering's full legal disclosure document.

Yes. Sponsor offering materials report a $10,250,000 senior loan from First Horizon Bank alongside $9,670,000 of equity, on a seven-year term maturing August 29, 2032, with interest-only payments for the first four years followed by principal and interest on a 25-year amortization schedule. The same materials describe a floating rate priced over 30-day SOFR with an interest-rate hedge that fixes the effective rate for the loan term, and state the loan is nonrecourse to investors subject to customary bad-boy carveouts. Berkadia said it arranged the financing when the property traded in September 2025.

They measure different things. The $9.67 million the sponsor cites is the equity raised from investors; sponsor materials describe the acquisition as capitalized with that equity plus the First Horizon Bank loan, and the Form D reports the combined debt-and-equity total as the offering amount. That is why the SEC number is the larger of the two. Ask the sponsor or your representative to walk through the capitalization table in the PPM before naming any Trust on your 45-day identification list.

The Form D filed with the SEC on September 25, 2025 reports a minimum investment accepted from any outside investor of $102,999. Minimums can vary by selling agent and can be changed by supplement, so the current subscription documents and the PPM govern the figure that would apply to you.

Yes, according to the sponsor's affiliate. Vital Capital Partners announced on June 23, 2026 that a supplement revised the distribution information stated in the offering documents effective June 1, 2026, noting that those figures rest on assumptions and are not guarantees of future performance; this directory does not restate projected or targeted distribution rates. The same release reported that the tenant had installed a large children's playground and completed elevator and other infrastructure improvements. On September 8, 2026 Vital Capital Partners announced the equity raise was fully subscribed. The Form D itself has not been amended.