Nexus Children's Hospital - Dallas
Legal trust name HPA Exchange - Vital Medical Dallas TX DST
Offering size$19.9M
Asset typeNet Lease
LocationDallas, TX
FinancingNot disclosed
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedSep 25, 2025
Last filedSep 25, 2025
Minimum$103k
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.
Nexus Children's Hospital - Dallas is the property held by HPA Exchange - Vital Medical Dallas TX DST, a Delaware statutory trust sponsored by HPA Exchange. Its sole asset is a single-tenant specialty children's hospital at 9525 Greenville Avenue, Dallas, Texas, on a 3.64-acre site. The roughly 86,880-square-foot building, originally built in 1997 and renovated in 2022, holds 30 licensed beds expandable to 60. The property is 100% leased on an absolute triple-net basis to Nexus Health Systems under a 16-year initial term with automatic five-year renewals and built-in escalations. HPA Exchange closed the acquisition on September 9, 2025 and launched the Section 1031 offering later that month.
Sponsor HPA Exchange; abs NNN to Nexus Health, lease exp 2038; $9.67M equity of $19.92M; min $103k
86,880 SF, 30 beds (expandable to 60), 3.64 acBased on issuer-filed Form D notices through Sep 25, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D—
Remaining amount reported in latest Form D$19,920,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$102,999
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First filedSep 25, 2025
Latest filingSep 25, 2025
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and tenant
The trust's sole real estate asset is a single-tenant specialty children's hospital at 9525 Greenville Avenue, Dallas, Texas, on a 3.64-acre site 1. The building spans approximately 86,880 square feet, was originally constructed in 1997 and fully renovated in 2022, and contains 30 licensed beds expandable to 60 2. It is 100% leased on an absolute triple-net (NNN) basis to Nexus Health Systems, the operator parent guaranteeing the lease, under a 16-year initial term with more than 12 years remaining at acquisition, automatic five-year renewal options, and built-in rent escalations 1.
Sponsor
The DST sponsor is HPA Exchange LLC, a joint venture between Vital Capital Partners and The Innovation Institute, formed by the executive team of Healthcare Property Advisors 4.
Acquisition and capitalization
HPA Exchange closed on the acquisition of the property on September 9, 2025 1 and announced the public launch of the $9.67 million Section 1031 DST offering on September 29, 2025 3. Offering material dated February 2026 states an equity raise target of $9,670,000, a target syndicated loan-to-value ratio of 51.46%, a $50,000 minimum investor investment, and a Delaware statutory trust structure under a 506(c) private placement 4. A Form D notice filed September 25, 2025 reported a total offering amount of $19,920,000 with none sold as of that filing date 5.
In the news
Frequently asked questions
Is Nexus Children's Hospital - Dallas currently active?
Nexus Children's Hospital - Dallas is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Nexus Children's Hospital - Dallas?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.