Inland NJ Senior Living DST
Senior living property in NJ — sponsored by Inland Private Capital
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Inland NJ Senior Living DST is a Delaware statutory trust — fractional real estate ownership structured so an investor's interest can qualify for a 1031 exchange — sponsored by Inland Private Capital and offered privately under Rule 506(b) to accredited investors, without advertising.1 The Form D names no property; distributor Baker 1031 reports the Trust owns The Delaney of Bridgewater, a New Jersey senior living community completed in 2021.2
506(b); no public acquisition PR or third-party listing found; NJ location per trust name only. First Form D Oct 2025
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These links support the public record as a whole; individual details may come from different sources.
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?
The SEC notice names no property. Baker 1031, a distributor, reports the Trust owns The Delaney of Bridgewater at 901 Frontier Road — a community completed in 2021 on 38.46 acres, with one five-story main building and 15 single-story villa buildings holding 224 units and 228 beds across independent living, assisted living and memory care.2 No SEC filing corroborates that match, and no acquisition record was located.
- Reported location
- NJ
Who is the tenant, and what's the lease?
No lease terms appear in the SEC record. Baker 1031 reports the community is master-leased to a master tenant affiliated with the sponsor, with Life Care Services LLC as the unaffiliated operator — so what reaches the Trust tracks a senior living operating business rather than fixed rent from an unrelated credit tenant.2
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
Raise history appears here once sales are filed — free account required.
How is it financed, and what does it pay?
Nothing in the Form D describes debt. Baker 1031 reports the property was capitalized with roughly $86.4 million of mortgage debt alongside the equity raise, interest-only during its initial term.2 Borrowed money sits ahead of investors and must be repaid, refinanced or extended at maturity. No public source located names the lender.
Who's behind it?
Inland Private Capital is the 1031 and private-placement arm of Oak Brook, Illinois-based Inland, a vertically integrated real estate group; the Form D lists Keith S. Lampi as its chairman, chief executive and president.1 AltsWire reported on April 16, 2026 that the sponsor closed a fully subscribed $83.6 million equity raise for a separate New Jersey multifamily DST. Inland named Andrew Barnum managing director of product strategy on July 20, 2026 and Matthew Beverly head of asset management on July 27, 2026.
- Sponsor
- Inland Private Capital
- Legal Trust name
- Inland NJ Senior Living 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 notice on file is an original Form D rather than an amendment, and it reports a first sale of interests on October 8, 2025.1 A Form D is a one-time notice of an exempt private offering — an issuer need not refresh it as subscriptions arrive, so it fixes a single point in time.
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- 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
Is Inland NJ Senior Living DST still raising money?
Top1031 lists Inland NJ Senior Living DST as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
Where does Top1031 get the data for Inland NJ Senior Living DST?
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.
What property does this Trust own?
The Form D names no property, and the only geography in the SEC record comes from the trust's legal name. Baker 1031's page for the offering reports The Delaney of Bridgewater at 901 Frontier Road, Bridgewater, New Jersey — a senior living community completed in 2021 on 38.46 acres, with 224 units and 228 beds made up of 136 independent-living, 56 assisted-living and 32 memory-care units, roughly 189,760 leasable square feet and 261 parking spaces. Baker 1031 reports the community was 92.11% leased by beds as of September 18, 2025, attributing its figures to sponsor and private placement memorandum materials — the PPM being the confidential document that governs the offering — rather than to independently verified records.
Who operates the community, and how is it leased?
Baker 1031 reports the property is master-leased to a master tenant affiliated with Inland Private Capital, with Life Care Services LLC, an unaffiliated operator, handling day-to-day operations. That differs from a triple-net lease, where one corporate tenant pays fixed rent and covers taxes, insurance and maintenance; in a senior living master lease, what reaches the Trust depends on how an operating business performs. No SEC filing confirms the arrangement, and no public source located states the master lease's term, rent schedule or any guarantee.
Is this offering leveraged, and who is the lender?
No SEC filing addresses debt. Baker 1031 reports total capitalization of $163,655,073 — $77,255,073 of equity and $86,400,000 of debt — against a reported $144,000,000 acquisition price, with a seven-year term plus a three-year extension option, a seven-year interest-only period and 30-year amortization thereafter. Those figures are sponsor-reported and reproduced by a distributor rather than filed with the SEC, and no public source located as of September 1, 2026 identifies the lender. The loan documents and the PPM govern.
Is the Trust still raising?
Top1031 classifies it as raising. The public record on EDGAR is a single Form D reporting a first sale on October 8, 2025, with no later filing or amendment for this issuer located as of the September 1, 2026 research run. Because a Form D is a one-time notice an issuer need not update, whether interests remain available today has to be confirmed with the sponsor or the selling broker-dealer.
What is the minimum investment?
The Form D reports a $25,000 minimum outside investment accepted, along with a total offering amount of $77,255,073 and estimated sales commissions of $3,862,754. Baker 1031 reports a two-tier minimum — $100,000 for Section 1031 exchange investors and $25,000 for cash investors. Those are notice-filing and distributor entries, not a fee table; the PPM sets the governing minimum and the full load, including organization and offering costs, acquisition and financing fees, ongoing asset-management and master-tenant economics, and reserves.
Can this Trust exit through a 721 UPREIT transaction?
The record shows no REIT conversion feature. In a 721 or UPREIT exit, a DST's property is contributed to a real estate investment trust's operating partnership in exchange for OP units — deferring gain but ending future 1031 exchange eligibility for that interest. Nothing in the Form D indicates that path here. The PPM describes whatever exit mechanics the sponsor contemplates, including an eventual sale of the community.