Top1031

The Blake at New Braunfels

Senior housing property in New Braunfels, TX — sponsored by Inspired Healthcare Capital

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These links support the historical public record; individual details may come from different sources.

Chapter 1

What is this, in one paragraph?

The Blake at New Braunfels is a 112-unit assisted living and memory care community in New Braunfels, Texas, held by a Delaware statutory trust — the structure that lets 1031 exchange investors own fractional real estate — sponsored by Inspired Healthcare Capital. The Trust became a Chapter 11 debtor on February 2, 2026.4 Its community is part of a proposed bankruptcy sale.6

Minimum investment
$50k
Offering size
$43.7M
How much has sold
None sold yet
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.

Sponsor-reported, from SEC filings and cited 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 was built in 2021 at 220 Creekside Crossing, in the Texas Hill Country northeast of San Antonio.1 LifeCare Properties sold it to Inspired Healthcare Capital in a transaction Berkadia arranged and the seller announced as completed on July 9, 2024.3 The sale price was reported as undisclosed, and Blake Management Group stayed on as operator after the closing.2

Reported location
New Braunfels, TX
Property size
112 units (71 AL + 41 MC)
Chapter 3

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

The Trust holds the real estate and leases it to an affiliated master tenant, Inspired Senior Living of New Braunfels MT, LLC, which engages Blake Management Group to run the community — the standard DST arrangement that keeps the trust itself passive.9 That master tenant is a separate Chapter 11 debtor as of February 2, 2026.5

Chapter 4

How did it end?

What happened

Still operating

Sponsor Inspired Healthcare Capital filed Chapter 11 bankruptcy on Feb 2, 2026; The Blake at New Braunfels remains in the bankruptcy estate with operations transitioned to third-party managers, distributions halted since July 2025, and no property sale, foreclosure, or 721 UPREIT has occurred [1].

The Blake at New Braunfels is a 112-unit (71 assisted living + 41 memory care) Class A senior living community at 220 Creekside Crossing, New Braunfels, TX 78130, built 2021 in the Texas Hill Country northeast of San Antonio; sold by LifeCare Properties to Inspired Healthcare Capital and closed July 9, 2024 with Berkadia arranging; Blake Management Group continues operations; sponsor Inspired Healthcare Capital LLC filed Chapter 11 bankruptcy on Feb 2, 2026.

112 units (71 AL + 41 MC)
Supporting evidence
Counted on Inspired Healthcare Capital’s Record Card as:
Lost or impaired investor capital Document
Chapter 5

How is it financed, and what does it pay?

Neither the Form D nor any public record located for this Trust names a lender, states a loan balance, or gives a leverage figure; Form D filings do not require property-level debt disclosure.

Chapter 7

What does the paperwork say?

The Trust filed an original Form D — the SEC's brief notice of an exempt private placement — and an amendment to it the same day, with no later amendment on record. The exemption used permits general solicitation, but every purchaser must be verified as an accredited investor.

  1. Form D filedFirst and latest filing on record.
Legal Trust name
Inspired Senior Living of New Braunfels DST, LLC
Filings on record
2
How it may be offered
Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
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 The Blake at New Braunfels?

Top1031 lists The Blake at New Braunfels in the Historical cohort because its latest filing is outside the Active window. The outcome and source documents are shown separately.

Where does Top1031 get the data for The Blake at New Braunfels?

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.

Is this Trust still available to new 1031 investors?

No new-investor activity is indicated in the current record. AltsWire reported on July 22, 2025 that Inspired Healthcare Capital had suspended all of its investment offerings and halted investor distributions during a regulatory review. The Trust, Inspired Senior Living of New Braunfels DST, LLC, then became a Chapter 11 debtor on February 2, 2026 in the U.S. Bankruptcy Court for the Northern District of Texas, Case No. 9:26-bk-90159.

What is happening in the bankruptcy case?

Both the Trust (Case No. 9:26-bk-90159) and its master tenant, Inspired Senior Living of New Braunfels MT, LLC (Case No. 9:26-bk-90099), filed Chapter 11 on February 2, 2026 in the Northern District of Texas. A notice filed August 10, 2026 states that an August 4, 2026 asset purchase agreement named NHP Operating Partnership LP or affiliates as stalking-horse bidder for a transaction covering assets tied to The Blake at New Braunfels, with the DST and master tenant listed as sellers. AltsWire reported on August 12, 2026 that a sale hearing was set for September 15, 2026. The record does not establish court approval or a closing.

Who operates the community day to day?

Blake Management Group. Seniors Housing Business reported on July 15, 2024 that Blake Management Group continued operating The Blake at New Braunfels after the sale to Inspired Healthcare Capital, and bankruptcy sale-summary materials identify Blake Management Group LLC as the existing manager for the community.

What did Inspired Healthcare Capital pay for the property?

Not publicly disclosed. Seniors Housing Business reported on July 15, 2024 that the sale price from LifeCare Properties was undisclosed. A secondary case summary circulating around the bankruptcy allocates a property-level figure to The Blake at New Braunfels, but the underlying court notice cited does not contain that allocation, so it is not treated here as an established number.

Do beneficial interest holders have a voice in the sale process?

A DST Committee has appeared in the Inspired Healthcare Capital cases. A stipulation and agreed order filed August 21, 2026 records the DST Committee's August 11, 2026 limited objection concerning the bid protections offered to NHP in connection with the New Braunfels transaction. Outcomes for beneficial owners depend on the court process, which the record shows as ongoing rather than concluded.

Chapter 9

In the news

Chapter 11

What can I do next?

Check the source documents, compare this offering with other public records, or ask a licensed specialist about the facts shown here.