Volante of Largo (current listing: Salterra at Largo)
Senior living property in Largo, FL · sponsored by Inspired Healthcare Capital
Volante of Largo (current listing: Salterra at Largo) was a DST sponsored by Inspired Healthcare Capital that owned a senior living property in Largo, FL. In bankruptcy or distress.
How it ended
In bankruptcy or distress.
Key facts
- Minimum investment
- $50,000From the Form D
- Offering size
- $25,596,821Equity offered, per the Form D
- Sold
- Not reported after the first Form D (Jul 21, 2022)Form D, Jul 21, 2022
- Selling commissions
- Form D Item 15; the % is our arithmetic$2,303,714 · 9.0% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.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: Volante of Largo (current listing: Salterra at Largo). Top1031 is not a broker-dealer.Volante of Largo (current listing: Salterra at Largo) · Largo, FL · Photo: leisurecare.com
What did the Trust own?
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 documents tie the Trust itself to that address, and no acquisition date or price is on record.
- Reported location
- Largo, FL
- Property size
- 143 licensed beds
How was it financed, and what did it cost to sell?
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
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $2,303,714 · 9.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $1,592,207 · 6.2% of offeringForm D Item 16· The filing’s note: “Sponsor receives $255,968 of offering proceeds for marketing, organizational and offering expenses + an acquisition fee of $780,000 + estimated bridge financing cost of $556,239”
- 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.
- Date of first sale
- Not in the Form D
- Minimum investment
- $50,000
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 senior-housing DST offerings and, through its Volante Senior Living arm, operated the communities behind them. In July 2025 it wound down Volante, moved community management to third-party operators, and suspended investor distributions. 5 AltsWire reported that same month that the firm had halted its investment offerings during an SEC review. 6 Court records list the sponsor's holding company and this Trust among debtors that filed Chapter 11 petitions on February 2, 2026. 4
- Sponsor
- Offerings on record
What does the SEC record show?
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.
- Legal Trust name
- Inspired Senior Living of Largo DST
- SEC CIK
- 1938573
- First Form D
- Jul 21, 2022
- Latest Form D
- Jul 21, 2022
- 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 | $25,596,821 | $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 Volante of Largo (current listing: Salterra at Largo)?
- Volante of Largo (current listing: Salterra at Largo) is a Historical offering. In bankruptcy or distress.
- 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. A separate affiliate, Inspired Senior Living of Largo MT, LLC, is listed under case 26-90040.
- 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. The Florida Agency for Health Care Administration lists Salterra Senior Living at Largo as an assisted living facility.
- 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. The Chapter 11 case remains the operative proceeding as of February 2, 2026.
In the news
Sources
Show sources (14)Hide sources (14)
These links support the record as a whole; individual details may come from different sources.
- U.S. Securities and Exchange Commission, Form D ↗
- Leisure Care ↗
- Florida Agency for Health Care Administration ↗
- Epiq, administrator for the U.S. Bankruptcy Court, Northern District of Texas ↗
- Senior Housing News ↗
- AltsWire ↗
- The White Law Group ↗
- leisurecare.com ↗
- carelistings.com ↗
- whereyoulivematters.o… ↗
- seniorhousingnews.com ↗
- altswire.com ↗
- rightsforinvestors.com ↗
- whitesecuritieslaw.com ↗
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.