Clarendale of Mokena
Senior living property in Mokena, IL · sponsored by Inland Private Capital
Active offeringLatest Form D filed Apr 8, 2026 (opens in a new tab)
Clarendale of Mokena is a DST sponsored by Inland Private Capital that owns a senior living property in Mokena, IL. Its latest Form D, filed Apr 8, 2026, lists a $86.8 million offering with a $25,000 minimum.
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $86,840,527Equity offered, per the Form D
- Sold so far
- Form D, Apr 8, 2026; the % is our arithmetic1.2%
- Investors reported
- Form D, Apr 8, 20263
- Selling commissions
- Form D Item 15; the % is our arithmetic$4,342,026 · 4.9% of offering
- Financing
- All cash. This offering reports no 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 →
Sales so far
- Latest Form D
- Apr 8, 2026 · 1 filing
- First sale
- Mar 31, 2026
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $1,061,854
- Not yet sold
- $85,778,673
- Investors
- 3
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
1.2% of $86,840,527 sold, calculated by Top1031 from the Form D
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Ask a 1031 specialist about this recordFree. About: Clarendale of Mokena. Top1031 is not a broker-dealer.Clarendale of Mokena · Mokena, IL · Photo: clarendaleofmokena.com
What does Clarendale of Mokena own?
Inland Real Estate Acquisitions announced on April 15, 2026 that it had negotiated and closed the purchase for an Inland affiliate, buying from a joint venture between Life Care Services (LCS) and Nuveen Real Estate. 1 AltsWire put the price at $72 million. 2 An offering listing published by Baker 1031 dates the Trust's acquisition to February 25, 2026. 3 Senior Housing Business reported the community was 94 percent occupied at acquisition. 4
- Property address
- 21536 Wolf Road, Mokena, IL
- Property size
- 156-unit seniors housing community; 60 independent living units, 56 assisted living units, 40 memory care units; approximately 95,255 leasable square feet; 11.40 acres
How have sales gone?
The Form D record has one sales figure so far, so there is no trend to chart. The figure is in Sales so far ↑.
How is it financed, and what did it cost to sell?
A Baker 1031 offering listing describes an all-cash offering, with the acquisition funded by a capital contribution from an Inland-affiliated depositor and no permanent financing encumbering the property. 3 All-cash means an exchanger has no replacement debt here to match against a loan paid off on the relinquished property. The Form D itself says nothing about financing.
Debt
- Financing
- All cash. This offering reports no mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $4,342,026 · 4.9% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $5,447,592 · 6.2% of offeringForm D Item 16· The filing’s note: “Estimate of certain fees, including Dealer Fee, Placement Agent Fee, O&O Expenses, Acquisition Fee and costs related to acquisition that may accrue to one or more related persons.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Inland Securities Corporation · CRD 15807
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Mar 31, 2026
- Minimum investment
- $25,000
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. The issuer marked these amounts as an estimate.
Who's behind Clarendale of Mokena?
Inland Private Capital is the 1031 exchange arm of Oak Brook, Illinois-based Inland Investments, a vertically integrated real estate group; affiliate Inland Real Estate Acquisitions sourced and closed the Mokena purchase. 1 AltsWire reported on September 8, 2026 that Inland had passed $1 billion in senior living acquisitions. 2 Inland Investments named former iCapital executive Andrew Barnum Managing Director of Product Strategy on July 20, 2026. 5 Matthew Beverly became head of asset management on July 27, 2026. 6
- Sponsor
- Offerings on record
What does the SEC record show?
The SEC record here is a Form D — an issuer-filed notice of an exempt offering that the agency does not review — submitted as a new notice rather than as an amendment to an earlier one. The exemption relied on bars general advertising and limits purchasers to accredited investors, those meeting the SEC's income or net-worth tests.
- Legal Trust name
- Inland Mokena Senior Living DST
- SEC CIK
- 2127931
- First Form D
- Apr 8, 2026
- Latest Form D
- Apr 8, 2026
- 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 | $86,840,527 | $1,061,854 | 3 | 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
- Is Clarendale of Mokena an active offering?
- Clarendale of Mokena is an Active offering: its latest Form D was filed Apr 8, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
- Does the Trust carry mortgage debt?
- An offering listing published by Baker 1031 describes the offering as all-cash, with the $72,000,000 acquisition funded by a capital contribution from an Inland Private Capital-affiliated depositor and no permanent financing encumbering the property. The capitalization that governs is the one described in the offering documents.
- Who is the tenant if residents pay month to month?
- A Delaware statutory trust cannot operate a business, so seniors housing deals place an operating tenant between the trust and the resident business. An offering listing published by Baker 1031 reports the property is leased to an Inland Private Capital-affiliated master tenant under a 120-month master lease, and Inland's April 15, 2026 release says LCS Community Operations continued to manage the community after the acquisition. Residents pay monthly for housing and care, so underlying revenue moves with occupancy and rates. The master lease terms appear in the offering documents, not in the SEC filing.
- How full is the community?
- Two dated snapshots exist. Senior Housing Business reported on April 17, 2026 that Clarendale of Mokena was 94 percent occupied at the time of acquisition, and Inland Private Capital's offering brochure reported 95.5 percent occupancy as of March 6, 2026. Seniors housing occupancy moves month to month as residents move in, change care levels, or leave, and no later occupancy figure appeared in the public sources reviewed on September 21, 2026.
- When was the property actually acquired?
- The public sources differ. A Baker 1031 offering listing states the Trust acquired the property on February 25, 2026 for $72,000,000, while Inland's own release announcing the closed purchase is dated April 15, 2026 and AltsWire's September 8, 2026 coverage placed the $72 million acquisition in April. Closing mechanics appear in the offering documents.
- What is the minimum investment?
- The Form D filed with the SEC on April 8, 2026 reports a minimum outside investment accepted of $25,000. Sponsors often apply different minimums to 1031 exchange investors than to cash investors and may waive them, so the figure that binds a given subscriber is the one stated in the current offering documents and subscription documents, not the Form D.
- Can this Trust convert into REIT shares?
- Nothing in the reviewed record indicates a 721/UPREIT exit — the arrangement in which a DST's property is contributed to a REIT's operating partnership in exchange for units, converting a real estate interest into a securities interest. Top1031 records this Trust as having no REIT conversion feature. Any exit mechanics the sponsor contemplates would be spelled out in the offering documents and the trust agreement.
In the news
Sources
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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.