Advanced MD, Inc.
Office in South Jordan, UT — sponsored by Inland Private Capital
Files with the SEC as Zero Coupon UT Office DST
Minimum investment
$25k
Offering size
$11.0M
How much has sold
100.0%
Asset type
Office
Location
South Jordan, UT
Financing
Zero coupon. Cash flow from the property goes to servicing the debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Zero Coupon UT Office DST is a Delaware statutory trust sponsored by Inland Private Capital that holds an office building at 698 West 10000 South in South Jordan, Utah, marketed as Advanced MD, Inc.1 A DST lets 1031 exchange investors hold fractional interests in real estate. The Trust used zero-coupon financing and is closed to new investors.
Show sources (10)Hide sources (10)
These links support the historical public record; individual details may come from different sources.
- Inland Investments — Our Properties ↗
- CommercialSearch listing ↗
- SEC Form D, Zero Coupon UT Office DST ↗
- Cushman & Wakefield, Salt Lake City Office Marketbeat ↗
- SEC Form D, Zero Coupon UT Office DST ↗
- Inland Investments news release ↗
- inlandprivatecapital.… ↗
- inlandprivatecapital.… ↗
- inland-investments.com ↗
- whitesecuritieslaw.com ↗
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?
Inland's property directory lists this Trust's asset as Advanced MD, Inc. at 698 West 10000 South in South Jordan, Utah, an office building the sponsor reports acquiring on July 5, 2022.1 Commercial listings identify the building as Jordan Valley Tech I.2 Neither the Form D filings nor Inland's public materials state a purchase price, year built, or occupancy at acquisition.
- Reported location
- South Jordan, UT
- Property size
- 106,083 square feet
Who is the tenant, and what's the lease?
No Form D filing for this Trust names a tenant or any lease terms.3 Cushman & Wakefield's Q3 2025 Salt Lake City office report described AdvancedMD's 63,000-square-foot space at 698 W. 10000 S. as former, placing the company in roughly 62,000 square feet at SoJo Station South.4
How did it end?
No ending on record
No public full-cycle announcement, sale notice, or disposition was located for the Zero Coupon UT Office DST (CIK 1937793) sponsored by Inland Private Capital Corporation; given the Form D raise period ran only July 2022 through July 2023, a typical DST hold would still be in effect, and no evidence of foreclosure, receivership, or 721 UPREIT exchange was found in AltsWire, the Inland newsroom, or SEC filings.
Inland's property directory identifies Advanced MD, Inc. as an office acquired on 2022-07-05 and lists 106,083 square feet; searches found no qualifying target-specific news reporting that this trust was fully subscribed, sold out, or closed.
106,083 square feetSupporting evidence
How is it financed, and what does it pay?
Zero-coupon financing means the property's cash flow goes toward the loan rather than to current investor income, so the debt is drawn down across the hold. The Form D names no lender, loan balance, or maturity, and Inland has not published those terms.3
- Financing
- Zero coupon. Cash flow from the property goes to servicing the debt.
Who's behind it?
Inland Private Capital Corporation is named as the sponsor on the Trust's Form D.5 Zero-coupon deals are a recurring part of its 1031 exchange platform: on July 14, 2022, Inland announced it had monetized its first zero-coupon offerings, selling the Pharmacy Portfolio III and IV assets for $80 million and reporting total returns over 265%.6 Those were separate trusts, not this one.
- Sponsor
- Inland Private Capital
- Legal Trust name
- Zero Coupon UT Office DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 8 active / 79 total offerings from Inland Private Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The paperwork here is short: an initial Form D — the brief notice a private offering files with the SEC after its first sale — followed by two amendments tracking the raise to its finish. Interests were sold privately, without general advertising, to accredited investors, meaning those meeting SEC income or net-worth tests.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 3
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- 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
What happened to Advanced MD, Inc.?
Top1031 lists Advanced MD, Inc. as historical. It is no longer raising money.
Where does Top1031 get the data for Advanced MD, Inc.?
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.
Can I still invest in Zero Coupon UT Office DST?
No. The Trust is closed to new investors. Its last Form D amendment was filed on July 18, 2023, and Inland Private Capital has not filed anything with the SEC for this trust since.
What property does this Trust own?
Inland's property directory lists the asset as Advanced MD, Inc., an office building at 698 West 10000 South in South Jordan, Utah, reported as acquired on July 5, 2022. Commercial listings identify the building as Jordan Valley Tech I. Inland has not published a purchase price.
Who occupies the building?
The SEC filings name no tenant. Cushman & Wakefield's Q3 2025 Salt Lake City office report referred to AdvancedMD's 63,000-square-foot space at 698 W. 10000 S. as former space and reported the company occupying about 62,000 square feet at SoJo Station South, 10377 S. Jordan Gateway. No sponsor statement confirming the building's current leasing was found.
What does "zero coupon" mean in a DST?
In a zero-coupon structure, the property's cash flow is directed at the loan rather than paid out to investors as current income, with the debt reduced over the hold period. Specific terms — lender, balance, rate, maturity — are not in the Form D for this Trust and would be described in the PPM, the private placement memorandum given to prospective investors.
Is there a 721/UPREIT exit for this Trust?
The record shows no REIT conversion feature. A 721 or UPREIT exit is a structure in which a DST's property is contributed to a REIT's operating partnership in exchange for units; nothing in this Trust's data indicates that path.
Has the property been sold?
No disposition has been reported. The July 18, 2023 Form D amendment closed out the offering's reporting, but that says nothing about the property's ownership or status today, and research through August 23, 2026 turned up no verified sale or trust termination.
Chapter 9Zero Coupon Office MI DST: Securities InvestigationAn article focused on the separate Zero Coupon Office MI DST lists the alternate name Zero Coupon Office UT DST among other zero-coupon trusts but provides no target-specific property, offering, or status facts.