Inspired Senior Living of North Haven DST
in North Haven, CT · sponsored by Inspired Healthcare Capital
Inspired Senior Living of North Haven DST, sponsored by Inspired Healthcare Capital, filed its first Form D with the SEC on Jun 21, 2023 for a $29.8 million offering. Its last Form D was filed Jun 21, 2023.
How it ended
Lost or impaired investor capital
Last Form D filed Jun 21, 2023.
Key facts
- Minimum investment
- $0From the Form D
- Offering size
- $29,885,926Equity offered, per the Form D
- Sold
- $0Form D, Jun 21, 2023
- Investors reported
- Form D, Jun 21, 20230
- Selling commissions
- Form D Item 15; the % is our arithmetic$2,689,733 · 8.9% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.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 →
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Ask a 1031 specialist about this recordFree. About: Inspired Senior Living of North Haven DST. Top1031 is not a broker-dealer.What did the Trust own?
AltsWire reported that Inspired Healthcare Capital acquired The Landing at North Haven, at 201 Clintonville Road in North Haven, Connecticut, from Columbia Wegman North Haven LLC for $41.1 million as collateral for this Trust. 2 Hartford Business Journal reported the same September 2023 sale at $38.2 million and described the building as 97,300 square feet with 122 units. 3 The community offers independent living, assisted living and memory care. 1
- Reported location
- North Haven, CT
How was it financed, and what did it cost to sell?
Neither the Form D nor the other public records reviewed establishes whether the Trust carried mortgage debt or how the property was capitalized, so leverage is carried here as unknown rather than guessed at.
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $2,689,733 · 8.9% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $2,960,706 · 9.9% of offeringForm D Item 16· The filing’s note: “Sponsor receives $448,289 of offering proceeds for marketing, organizational and offering expenses + an acquisition fee of $1,644,000 + estimated bridge financing cost of $868,418”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Emerson Equity LLC · CRD 130032
Individual representatives named in Item 12 are not listed.
- Minimum investment
- $0
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 the Trust?
Inspired Healthcare Capital sponsored a family of senior-housing DSTs for 1031 exchange investors; this Trust's SEC-listed address is in Scottsdale, Arizona. 7 The Form D for the offering names Luke Lee as the sponsor's chief executive. 5 On February 2, 2026, the sponsor group and its DSTs — this one listed as case 26-90160 — filed Chapter 11 petitions in the Northern District of Texas. 4 An August 10, 2026 court filing placed The Landing of North Haven in a stalking-horse sale process with Welltower OP LLC as proposed buyer. 6
- Sponsor
- Offerings on record
What does the SEC record show?
The Trust filed once and never amended. Rule 506(b) means the interests could be offered only privately, without advertising, to accredited investors — people meeting SEC income or net-worth tests — through offering documents.
- Legal Trust name
- Inspired Senior Living of North Haven DST
- SEC CIK
- 1975320
- First Form D
- Jun 21, 2023
- Latest Form D
- Jun 21, 2023
- 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 | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $29,885,926 | $0 | 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
- What happened to Inspired Senior Living of North Haven DST?
- Inspired Senior Living of North Haven DST is a Historical offering. Last Form D filed Jun 21, 2023.
- What property is behind this Trust?
- The Landing at North Haven, a senior living community at 201 Clintonville Road, North Haven, Connecticut, offering independent living, assisted living and memory care. Hartford Business Journal described the building as 97,300 square feet with 122 units and reported the September 2023 sale at $38.2 million, while AltsWire reported that Inspired Healthcare Capital paid $41.1 million for it from Columbia Wegman North Haven LLC. The two reported prices have not been reconciled in the public record.
- Is the North Haven property being sold?
- A sale process is on file but not shown as completed. An August 10, 2026 docket notice attached a stalking-horse asset purchase agreement identifying Welltower OP LLC as the proposed buyer, with Inspired Senior Living of North Haven DST and its master tenant among the sellers. The agreement's Schedule 2 allocates $62,300,000 to The Landing of North Haven, of which $40,495,000 is attributable to owned real property, within a three-community total of $197,150,000. Any sale remains subject to a Bankruptcy Court sale order, and the records reviewed do not establish a closing.
- Who operates the community?
- The public record reviewed does not establish the operator or the terms of the master lease. A secondary senior-living directory states that The Landing of North Haven is managed by Leisure Care, but that relationship is not confirmed in any primary filing or official operator page, so it is treated here as an unverified lead.
- What does "Rule 506(b)" mean for this offering?
- Rule 506(b) is the private-placement exemption that lets a sponsor raise money without registering with the SEC, provided it does not advertise publicly and sells essentially only to accredited investors. Investors receive offering documents rather than a public prospectus. This Trust's only SEC filing is the Form D notice dated June 21, 2023; no amendments follow it.
- Where can I follow the bankruptcy case directly?
- Epiq Corporate Restructuring runs the case website for the Inspired Healthcare Capital Holdings, LLC cases at dm.epiq11.com/case/ihcare, which carries the case list, docket, and filed documents including the stalking-horse sale papers. Court dockets are the primary record; law-firm investigation pages are not.
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.