Top1031

Volante of Largo (current listing: Salterra at Largo)

Senior living property in Largo, FL — sponsored by Inspired Healthcare Capital

Files with the SEC as Inspired Senior Living of Largo DST

Minimum investment
$50k
Offering size
$25.6M
How much has sold
None sold yet
Asset type
Senior living property
Location
Largo, 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 Largo DST is a Delaware statutory trust — a structure that lets 1031 exchangers hold fractional real estate — organized in 2022 by Inspired Healthcare Capital around a senior living community in Largo, Florida.1 Its entire SEC record is one Form D from July 21, 2022.1 Court records list the Trust among debtors that filed Chapter 11 on February 2, 2026.4

Show sources (14)Hide sources (14)

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 publicly associated with this Trust sits at 750 Starkey Road in Largo, Florida, where it traded as Volante of Largo until Leisure Care rebranded it Salterra at Largo on July 7, 2025.2 Florida's health care agency lists Salterra Senior Living at Largo as a licensed assisted living facility.3 No retrieved deed, court record, or offering memorandum ties the Trust itself to that address, and no acquisition date or price is on record.

Reported location
Largo, FL
Property size
143 licensed beds
Chapter 3

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

No master lease, tenant, or rent appears in the Trust's single SEC filing. Senior housing is operated rather than net-leased, so cash flow depends on resident occupancy and care fees rather than one corporate tenant's rent check. Leisure Care now manages the Largo community.2

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 historical Volante of Largo page identifies 750 Starkey Road and 143 licensed beds, while the current Leisure Care page markets the same address as Salterra at Largo and lists assisted living and memory care; 2025–2026 coverage reports suspended distributions, operator transition, and sponsor bankruptcy, but no visited article states that this offering was fully subscribed, sold out, or closed.

143 licensed beds
Supporting evidence
Chapter 5

How is it financed, and what does it pay?

The single Form D disclosed no lender, loan amount, or debt terms, so whether the Trust used leverage is not established in the public record. It did list an estimated bridge-financing cost of $556,239 among proceeds earmarked for the sponsor and its affiliates.1

Chapter 7

What does the paperwork say?

A single Form D is the entire SEC record here — no amendments, no closing notice. Rule 506(b) means interests could be offered privately to accredited investors, those meeting SEC income or net-worth tests, without general advertising. The filing estimated sales commissions at $2,303,714.1

  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 Volante of Largo (current listing: Salterra at Largo)?

Top1031 lists Volante of Largo (current listing: Salterra at Largo) as historical. It is no longer raising money.

Where does Top1031 get the data for Volante of Largo (current listing: Salterra at Largo)?

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 open to new investors?

The only SEC filing on record is the Form D dated July 21, 2022, and no amendment or closing notice has been filed.[1] Reporting in July 2025 said Inspired Healthcare Capital suspended its investment offerings during an SEC review, and The White Law Group reported in February 2026 that no additional investor capital would be raised after the sponsor's Chapter 11 filing.[7] No source states the offering was fully subscribed or sold out.

What happened to the sponsor?

Senior Housing News reported on July 18, 2025 that Inspired Healthcare Capital was shutting down its Volante Senior Living operating arm, moving communities to third-party operators, and suspending investor distributions.[5] Epiq, the court-appointed case administrator, shows Inspired Healthcare Capital Holdings, LLC as lead debtor in Chapter 11 case 26-90004, filed February 2, 2026 in the Northern District of Texas.[4]

Is the Trust itself in bankruptcy?

Yes. The Epiq case overview lists Inspired Senior Living of Largo DST as a debtor in case 26-90141, among affiliates that filed Chapter 11 petitions on February 2, 2026.[4] A separate affiliate, Inspired Senior Living of Largo MT, LLC, is listed under case 26-90040.[4]

Who operates the property today?

Leisure Care. A Leisure Care page dated July 7, 2025 states that Volante of Largo is now Salterra at Largo and is managed by Leisure Care.[2] The Florida Agency for Health Care Administration lists Salterra Senior Living at Largo as an assisted living facility.[3]

What does Rule 506(b) mean for this offering?

Rule 506(b) is the private-placement exemption that lets an issuer sell securities to accredited investors without registering with the SEC and without general advertising or public solicitation. Investors typically come through existing relationships with the sponsor or its selling broker-dealers, and terms live in the private placement memorandum (PPM) rather than a public prospectus.

Has any outcome been reported for investors?

No completed sale, refinancing, or return of capital has been reported. Coverage from July 2025 onward reports suspended distributions and an operator transition, and law firms including Rights for Investors and The White Law Group have publicized investigations and investor claims concerning the Trust.[7] The Chapter 11 case remains the operative proceeding as of February 2, 2026.[4]

Chapter 9

In the news