Top1031

Salterra at Fort Myers

Senior living (assisted living and memory care) property in North Fort Myers, FL — sponsored by Inspired Healthcare Capital

Files with the SEC as Inspired Senior Living of Fort Myers DST

Minimum investment
$50k
Offering size
$17.2M
How much has sold
None sold yet
Asset type
Senior living (assisted living and memory care) property
Location
North Fort Myers, FL
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

Inspired Senior Living of Fort Myers DST is a Delaware statutory trust — fractional property ownership structured so an investor can complete a 1031 exchange — organized in Delaware in 2022 to hold a senior living community in North Fort Myers, Florida.1 One Form D is on record, with no amendments since. The Trust is now listed as a Chapter 11 debtor, petition dated February 2, 2026.4

Show sources (15)Hide sources (15)

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 Trust's property is Salterra Senior Living at Fort Myers, an assisted living and memory care community at 3501 Hancock Bridge Parkway in North Fort Myers, Lee County, Florida.2 State licensing records name the Trust as owner/licensee and list 145 licensed beds under license 12800, effective December 6, 2024 through December 5, 2026.2 Leisure Care states the community was formerly Volante of Fort Myers.3 The same state profile also displays a Facility Closed indicator.2

Reported location
North Fort Myers, FL
Chapter 3

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

No master lease, rent, or operator lease term is established in the Form D or in the public records reviewed. Leisure Care presents the community as one it manages, which describes operations rather than the lease an investor would be paid from.3

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.

Florida licensing records identify the legal trust's DBA as Salterra Senior Living at Fort Myers, and the official facility page identifies the property as assisted living and memory care; no public unit or bed count was verified, while 2026 investor-alert pages reported Chapter 11 and suspended-distribution developments.

Supporting evidence
Chapter 5

How is it financed, and what does it pay?

No mortgage, lender, or loan amount is disclosed in the single filing on record, so the Trust's leverage is unknown. The Form D did estimate a bridge-financing cost of $329,802 and an acquisition fee of $948,000 among its offering expenses.1

Chapter 7

What does the paperwork say?

One Form D was filed and never amended, so the SEC record for this Trust is a single 2022 snapshot with no later update on the raise. It was offered under Rule 506(b), a private placement sold without general advertising, generally to accredited investors who meet income or net-worth tests.1

  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 Salterra at Fort Myers?

Top1031 lists Salterra at Fort Myers as historical. It is no longer raising money.

Where does Top1031 get the data for Salterra at Fort Myers?

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 happened to this Trust?

Inspired Senior Living of Fort Myers DST is listed as a Chapter 11 debtor in case 26-90131, with a petition date of February 2, 2026. The White Law Group reported that the sponsor and more than 160 affiliates filed Chapter 11 that month and that investor distributions had been suspended. Soreide Law Group said on March 7, 2026 that it was investigating potential investor claims tied to this Trust.

Has the property been sold?

No completed sale is established in the sources reviewed. A corrected amended notice of auction and sale filed August 4, 2026 designated Inspired Florida Acquisitions LLC as stalking-horse bidder for a group of properties that includes Salterra Senior Living at Fort Myers. A stalking-horse designation sets a floor bid; it is not a closing. Bondoro Insights' summary of the asset purchase agreement allocates $13,200,000 plus a $660,000 deposit to this community, but does not confirm funding, court approval, or closing.

What property does the Trust own?

Salterra Senior Living at Fort Myers, an assisted living and memory care community at 3501 Hancock Bridge Parkway, North Fort Myers, Florida 33903, in Lee County. Florida licensing records list the Trust as owner/licensee, with 145 licensed beds and total capacity of 145 under license 12800, effective December 6, 2024 through December 5, 2026. The same state profile also shows a Facility Closed indicator, which the sources do not reconcile with the active license dates.

Is the community still operating?

The public record does not settle this. Florida's AHCA provider profile displays a Facility Closed indicator while listing a license effective through December 5, 2026, and Leisure Care presents the community as one it manages under the Salterra name, formerly Volante of Fort Myers. Those sources conflict, and no source reviewed reconciles them, so no present-operating conclusion is drawn here.

What did the Form D disclose about fees?

The August 18, 2022 Form D estimated sales commissions of $1,420,264, sponsor fees and proceeds of $1,794,262, an acquisition fee of $948,000, and a bridge-financing cost of $329,802. It named American Alternative Capital LLC as placement agent and set a $50,000 minimum investment. Those are issuer-stated estimates at filing, not audited amounts.

Can an investor still place exchange proceeds into this Trust?

No. The Trust is a Chapter 11 debtor as of February 2, 2026 and its only SEC filing dates to 2022, with no amendment since. It is not a live 1031 replacement-property option; the record here exists so exchangers and current holders can read the filing and bankruptcy history.

Chapter 9

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