Top1031

Inland NJ Senior Living DST

Senior living property in Bridgewater, NJ · sponsored by Inland Private Capital

Active offeringLatest Form D filed Oct 21, 2025 (opens in a new tab)

Inland NJ Senior Living DST is a DST sponsored by Inland Private Capital that owns a senior living property in Bridgewater, NJ. Its latest Form D, filed Oct 21, 2025, lists a $77.2 million offering with a $25,000 minimum.

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$77,255,073
Equity offered, per the Form D
Sold so far
0.3%
Form D, Oct 21, 2025; the % is our arithmetic
Investors reported
1
Form D, Oct 21, 2025
Selling commissions
$3,862,754 · 5.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries 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
Oct 21, 2025 · 1 filing
First sale
Oct 8, 2025

These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.

How we work out how much has sold

We divide the amount the sponsor reports sold by the offering size in its latest SEC filing, filed Oct 21, 2025.

  • The sponsor reports these amounts itself, and can amend them later.
  • A filing can be behind what has actually sold. It does not confirm that interests are still available.
  • The amount left to sell is the offering size minus the amount sold.
Amount sold
$265,625
Not yet sold
$76,989,448
Investors
1

Calculated by Top1031 from the Form D filings, not stated by the sponsor:

0.3% of $77,255,073 sold, calculated by Top1031 from the Form D

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Ask a 1031 specialist about this recordFree. About: Inland NJ Senior Living DST. Top1031 is not a broker-dealer.

No photo on record. Bridgewater, NJ · no mappable address in the filings.

What does Inland NJ Senior Living DST own?

Sponsor materials identify the asset as The Delaney of Bridgewater at 901 Frontier Road in Bridgewater — independent living, assisted living and memory care across 224 units and 228 beds, 92.11% leased by beds as of September 18, 2025. 2 The depositor acquired all membership interests in the property-owning company on August 25, 2025, at a $144,000,000 acquisition price, and merged that company into the Trust. 2 A trade report described the same sale and counted 223 units. 3

Reported location
Bridgewater, NJ

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?

The Trust is leveraged: alongside the equity it is raising, it carries an $86,400,000 first-lien mortgage from Parkway Bank and Trust Company, maturing August 25, 2032. 2 Mortgage debt stays with the building and sits ahead of investor equity; it must be repaid, refinanced or extended at maturity. The loan documents govern.

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$3,862,754 · 5.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$7,452,449 · 9.6% of offering
Form 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 and financing 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

Individual representatives named in Item 12 are not listed.

Date of first sale
Oct 8, 2025
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.

What does the SEC record show?

A Form D — the brief notice an issuer files with the SEC after starting an exempt private offering — is all that stands on the federal record, with no amendment since; issuers are not required to refresh a Form D as subscriptions arrive. The issuer reported October 8, 2025 as the date of first sale. 1

Legal Trust name
Inland NJ Senior Living DST
SEC CIK
2092727
First Form D
Oct 21, 2025
Latest Form D
Oct 21, 2025
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D$77,255,073
$265,625
1
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 Inland NJ Senior Living DST an active offering?
Inland NJ Senior Living DST is an Active offering: its latest Form D was filed Oct 21, 2025. 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.
What property does this Trust own?
The Form D filed October 21, 2025 names no property or address, so the federal record carries only the state, New Jersey. Inland Private Capital's September 25, 2025 offering documents identify the asset as The Delaney of Bridgewater at 901 Frontier Road, Bridgewater, New Jersey 08807, with 224 units and 228 beds: 136 independent living, 56 assisted living and 32 memory care. That memorandum reports the community 92.11% leased by beds as of September 18, 2025. A trade publication, The SeniorCare Investor, reported the October 2025 sale and described the community as having 223 units — a small discrepancy against the sponsor's count.
Who operates the community, and how is it leased?
Per the sponsor's memorandum, the Trust leases the property to a master tenant affiliated with Inland Private Capital, and that master tenant earns 25% of gross income above a stated supplemental-rent breakpoint. The reviewed memorandum evidence does not identify the master tenant's legal name or the master lease term, so both have to be confirmed in the offering documents. Life Care Services LLC, described in the memorandum as unaffiliated with Inland, has the exclusive right to manage and operate the property under a seven-year agreement running from August 25, 2025 to August 24, 2032. This is operating senior housing, not a triple-net lease in which one outside tenant pays fixed rent and separately covers taxes, insurance and maintenance.
Is this offering leveraged?
Yes, per sponsor materials. The memorandum describes an $86,400,000 first-lien mortgage from Parkway Bank and Trust Company with a seven-year term maturing August 25, 2032, subject to a conditional three-year extension, interest-only during the initial term and amortizing over 30 years during an extension. It states fixed rates of 5.75% in year one, 5.90% in year two and 6.00% in years three through seven. The same memorandum shows sources of funds totaling $163,655,073 — $77,255,073 of offering proceeds plus $86,400,000 of loan proceeds — a budgeted figure, not a statement that all interests sold, and a different number from the $144,000,000 real estate acquisition price.
What is the minimum investment?
The sponsor's memorandum states minimum initial investments of $100,000 for Section 1031 exchange funds and $25,000 for cash investments. Minimums are set by the offering documents and can be waived or changed at the sponsor's discretion, so confirm the figure that applies to you with the broker-dealer or registered investment adviser presenting the offering.
Does anything point to a 721/UPREIT exit?
No. A 721 or UPREIT exit is the route in which a DST's property is later contributed to a REIT's operating partnership in exchange for partnership units, converting a direct property interest into REIT-level ownership. Top1031's data records no such conversion feature for this Trust, and nothing in the reviewed public record or sponsor materials describes one. Exit mechanics, including sale and refinancing scenarios, are described in the offering documents.

Sources

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These links support the record as a whole; individual details may come from different sources.

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.