Top1031

Homestead at Hamilton (currently marketed as Azalea at Hamilton)

Senior living (independent living, assisted living, and memory care) property in Hamilton Township, NJ — sponsored by Inspired Healthcare Capital

Files with the SEC as Inspired Senior Living of Hamilton DST

Minimum investment
$50k
Offering size
$56.8M
How much has sold
21.0%
Asset type
Senior living (independent living, assisted living, and memory care) property
Location
Hamilton Township, NJ
Financing
All cash. This offering reports no mortgage debt.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

Inspired Senior Living of Hamilton DST is a Delaware statutory trust — a passive co-ownership vehicle whose interests can serve as replacement property in a 1031 exchange — holding a senior living community in Hamilton Township, New Jersey that is marketed today as Azalea at Hamilton.5 Inspired Healthcare Capital bought the property in 2022, and the Trust filed a Chapter 11 petition on February 2, 2026.1

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These links support the historical public record; 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.

Chapter 2

What exactly is the property?

The community broke ground in 2015 and was completed in December 2017 on a 24-acre site at 2560 Kuser Road in Hamilton Township, New Jersey, per a report from Pike Construction & Development.3 Inspired Healthcare Capital acquired it in June 2022 for $97.5 million, when it operated as Homestead at Hamilton.4 It offers independent living, assisted living, and memory care.5

Reported location
Hamilton Township, NJ
Property size
195 units (96 independent living, 75 assisted living, 24 memory care)
Chapter 3

Who is the tenant, and what's the lease?

Public records reviewed do not establish master lease or master-tenant terms for this Trust. New Jersey's facility file lists the assisted living license holder at the property as Inspired Senior Living of Hamilton MT, LLC, an affiliate entity.9 Leisure Care says the former Volante of Hamilton is now Azalea at Hamilton and that Leisure Care manages it.5

Chapter 4

How did it end?

What happened

In bankruptcy or distress

Debtor in Inspired Healthcare Capital's Chapter 11 bankruptcy (filed Feb 2, 2026); investor distributions suspended; outcome pending.

The property was acquired as Homestead at Hamilton for $97.5 million and comprises 195 units (96 independent living, 75 assisted living, and 24 memory care); the official current property page markets it as Azalea at Hamilton. February 2026 coverage reports Chapter 11 filings involving Inspired Healthcare Capital, its affiliates, and the Hamilton DST.

195 units (96 independent living, 75 assisted living, 24 memory care)
Supporting evidence
Chapter 5

How is it financed, and what does it pay?

The sponsor described the acquisition as funded with offering proceeds plus leverage, meaning investor interests sit behind mortgage debt on the property rather than in an all-cash structure.6 The lender at closing is not established in the public record reviewed.

Chapter 7

What does the paperwork say?

The Trust filed a single Form D and never amended it, so the sale figures on record capture only a snapshot taken days after the first sale on May 2, 2022.2 Inspired Healthcare Capital announced on July 7, 2022 that the offering was fully subscribed, raising more than $56 million in equity.6

  1. 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.

Chapter 8

Common questions

What happened to Homestead at Hamilton (currently marketed as Azalea at Hamilton)?

Top1031 lists Homestead at Hamilton (currently marketed as Azalea at Hamilton) as historical. It is no longer raising money.

Where does Top1031 get the data for Homestead at Hamilton (currently marketed as Azalea at Hamilton)?

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 Inspired Senior Living of Hamilton DST?

The public filing record contains one unamended Form D from May 2022, which is why the offering still appears open in SEC data. Inspired Healthcare Capital announced on July 7, 2022 that the offering was fully subscribed, raising more than $56 million in equity.[6] The Trust itself filed a Chapter 11 petition on February 2, 2026.[1]

What happened to the sponsor, Inspired Healthcare Capital?

In July 2025 the firm halted new offerings and investor distributions amid a reported SEC review and wound down its affiliated operator, Volante Senior Living, moving communities to third-party managers.[7] On February 2, 2026, Inspired Healthcare Capital and more than 160 affiliates, including this Trust, filed Chapter 11 petitions, jointly administered under lead case 26-90004.[1]

Is the Hamilton property being sold in the bankruptcy?

Court sale and bidding procedure materials identify Azalea at Hamilton within the Hamilton DST transaction set and name Welltower OP LLC as stalking-horse bidder — the opening bidder whose offer sets the floor at auction.[8] Those materials set future bid, auction, and sale-hearing dates; they do not establish a completed sale as of August 20, 2026.

Who runs the community today?

Leisure Care states that the community formerly known as Volante of Hamilton is now Azalea at Hamilton and is managed by Leisure Care.[5] It is marketed at 2560 Kuser Rd, Hamilton Township, New Jersey, offering independent living, assisted living, and memory care.[5] New Jersey's facility record lists Inspired Senior Living of Hamilton MT, LLC as the licensed owner of the assisted living residence.[9]

What is a Rule 506(b) offering?

Rule 506(b) is the private-placement exemption that lets a sponsor raise unlimited capital without registering with the SEC, provided it does not advertise publicly and sells to accredited investors — those meeting SEC income or net-worth thresholds — with whom it has a pre-existing relationship. Terms are disclosed in the private placement memorandum, or PPM, not in the Form D.

What is not established in the public record for this Trust?

The reviewed record does not establish the master lease or master-tenant terms, the mortgage lender or balance at acquisition, post-acquisition occupancy, or the current status of investor distributions. Secondary legal-investigation sites report a 2025 distribution halt and an SEC investigation, but those statements were not confirmed against a primary record.

Chapter 9

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