The Oaks at Lynchburg
Senior living (assisted living) property in Lynchburg, VA — sponsored by JFC
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These links support the historical public record; individual details may come from different sources.
What is this, in one paragraph?
JFC Lynchburg DST is a Delaware statutory trust — a structure that lets 1031 exchangers hold fractional real estate as replacement property — formed by JF Capital Senior Living to hold The Oaks at Lynchburg, an assisted living community in Lynchburg, Virginia. It filed one Form D in August 2014, is closed to new investors, and public-record histories show the property sold in September 2025.3
Minimum investment
$25k
Offering size
$4.0M
How much has sold
None sold yet
Financing
Leveraged. This offering reports mortgage debt on the property.
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.
What exactly is the property?
The Oaks at Lynchburg is an assisted living building at 2249 Murrell Road, completed in 1991 and expanded with an addition in 1999.2 The sponsor's executive summary reports average occupancy of 90% or more over the three years before the offering.2 No deed establishing the Trust's purchase date or price was retrieved; a public-record sale at the address on August 7, 2014 does not name the buyer.3
- Reported location
- Lynchburg, VA
- Property size
- 40 units / 61 beds / 21,887 sq ft on 4.27-acre site
Who is the tenant, and what's the lease?
Assisted living is an operating business, not a net-leased box: cash flow depends on residents and staffing, and public filings state no lease terms for this Trust. An NPI directory lists JFC Lynchburg Master Tenant, LLC at the property address, which points toward a master-lease structure but does not document one.4
How did it end?
Sold after 11.1 years
Compass.com and Homes.com public records show the underlying assisted living property at 2249 Murrell Road, Lynchburg, VA was sold on September 23, 2025 for $5,000,000, closing out the DST roughly 11 years after its August 2014 acquisition.
JFC Lynchburg DST (filed Aug 26, 2014; $4,050,000 offering) holds The Oaks at Lynchburg, a 40-unit/61-bed assisted living facility on a 4.27-acre site in Lynchburg, VA, originally completed in 1991 with a 1999 addition; operated under J. Fisher Capital/JFCapital brand.
40 units / 61 beds / 21,887 sq ft on 4.27-acre site$5,000,000Sale price · as reported by the sponsor
Supporting evidence
Counted on JFC (JF Capital Senior Living)’s Record Card as: No public outcome found ($5,000,000, as reported by the sponsor) Document
How is it financed, and what does it pay?
This Trust carries mortgage debt rather than owning the building free and clear, so lender terms and any refinancing rank ahead of investor cash flow. The sponsor's executive summary describes a first mortgage through Fannie Mae's agency program, amortizing from the first month of the loan.2
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
JF Capital Senior Living, which markets as JFCapital, sponsors senior-housing offerings; the Form D names JFC Lynchburg Depositor, LLC, JFC Lynchburg Manager, LLC, and JF Capital Senior Living, LLC as promoters of this Trust.1 The sponsor's own summary names Meridian Senior Living as the senior-housing manager tied to the offering materials.2 Nothing filed since August 2014 updates the sponsor's role, and no sponsor announcement of a sale outcome was located.
- Sponsor
- JFC
- May convert to a REIT
- No
- Offerings from this sponsor
- 0 active / 2 total offerings from JFC
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The Trust filed its Form D once and never amended it, so SEC records still describe the offering exactly as announced at launch. It was offered under Rule 506(b), the private-placement exemption that bars public advertising and limits sales to accredited investors — those meeting SEC income or net-worth tests — with a pre-existing relationship to the sponsor.
- Form D filedFirst and latest filing on record.
- Legal Trust name
- JFC Lynchburg DST
- 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.
Common questions
What happened to The Oaks at Lynchburg?
Top1031 lists The Oaks at Lynchburg 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 Oaks at Lynchburg?
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.
Can I still invest in this Trust?
No. JFC Lynchburg DST is historical — closed to new investors. Its only SEC filing is a Form D dated August 26, 2014, and public-record listing histories compiled by Compass indicate the underlying property at 2249 Murrell Road sold on September 23, 2025.
What happened to the property?
Compass and Homes.com public-record histories show a September 23, 2025 sale of 2249 Murrell Road for $5,000,000. No official deed confirming the DST as seller was retrieved, and no sponsor statement describing investor proceeds from that sale was located.
Why do the SEC numbers look like nothing was raised?
A Form D reports amounts as of the filing date only. This Trust filed once, on August 26, 2014, and never amended, so SEC records freeze at that snapshot rather than showing final subscriptions. The Private Placement Memorandum and sponsor closing documents are where actual equity raised would appear.
How is a senior living DST different from a net-lease DST?
An assisted living community is an operating business. Revenue comes from resident fees, and expenses include labor, food, and licensing — not a single corporate tenant paying rent under a long-term lease. These structures typically insert a master tenant and a third-party manager between the Trust and operations, which adds parties to diligence.
Who managed the community?
The sponsor's executive summary names Meridian Senior Living as the senior-housing manager associated with the offering materials. That document does not establish a property-specific lease or management term, and no source retrieved confirms who operates the building today.
Could this Trust have converted into a REIT?
No 721/UPREIT exit — the option to swap Trust interests for operating-partnership units in a REIT — is indicated for this Trust in the data on record. Any conversion right would be spelled out in the Private Placement Memorandum and trust agreement.
Chapter 9JFC Oaks at Lynchburg DST 1031 Executive SummaryExecutive summary describing the JFC Oaks at Lynchburg DST, a 40-unit/61-bed assisted living facility completed in 1991 with a 1999 addition, financed via Fannie Mae, sponsored by JFCapital (J. Fisher Capital).