FC Tulsa OK Investors DST

in Nashua, NH · sponsored by Net Lease Capital Advisors

FC Tulsa OK Investors DST, sponsored by Net Lease Capital Advisors, filed its first Form D with the SEC on Dec 3, 2021 for a $33.8 million offering. Its last Form D was filed Dec 3, 2021.

How it ended

No outcome recorded · under 7 years

Last Form D filed Dec 3, 2021.

Net Lease Capital Advisors has 8 active offerings on record →

Key facts

Minimum investment
$0
From the Form D
Offering size
$33,883,640
Equity offered, per the Form D
Sold
23.5%
Form D, Dec 3, 2021; the % is our arithmetic
Investors reported
1
Form D, Dec 3, 2021
Selling commissions
$0 · 0.0% of offering
Form D Item 15; the % is our arithmetic
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: FC Tulsa OK Investors DST. Top1031 is not a broker-dealer.

What did FC Tulsa OK Investors DST own?

The public record does not identify what this Trust owns. A Form D discloses the issuer, its address care of the sponsor in Nashua, New Hampshire, and the offering's capitalization; it does not require a property name, address, asset class, or square footage, and this one supplies none. 1 No sponsor marketing page or third-party listing naming the asset was located, so the Tulsa reference in the entity name remains unconfirmed as a property location.

Reported location
Nashua, NH

How was it financed, and what did it cost to sell?

Costs and terms from the Form D

Selling commissions
$0 · 0.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
Broker-dealers named in the Form D
None named in the Form D
Date of first sale
Nov 23, 2021
Minimum investment
$0

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.

What does the SEC record show?

The issuer reported a first sale on November 23, 2021 and filed its Form D ten days later. 1 No amendment has followed in the SEC record, so every figure on file dates from that one submission. 2 Rule 506(b) means the offering could not be generally advertised and was placed privately with accredited investors.

Legal Trust name
FC TULSA OK INVESTORS DST
SEC CIK
1897156
First Form D
Dec 3, 2021
Latest Form D
Dec 3, 2021
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

SEC Form D filings, newest first

SEC Form D filings for FC Tulsa OK Investors DST, newest first
FiledFormOffering amountAmount soldInvestorsFiling on SEC EDGAR
Form D$33,883,640
$7,995,443
1
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 FC Tulsa OK Investors DST?
FC Tulsa OK Investors DST is a Historical offering. Last Form D filed Dec 3, 2021.
What property does FC Tulsa OK Investors DST own?
The public record does not say. The Trust's only SEC filing is a Form D, which does not require a property name, address, asset class, or size, and this one discloses none. No sponsor marketing material or third-party listing identifying the asset was located. Anyone evaluating it would need the offering documents from the sponsor or a selling broker-dealer.
Who runs the Trust?
Net Lease Capital Advisors, based in Nashua, New Hampshire, is the sponsor. The Form D lists Douglas F. Blough and Bruce S. MacDonald as executive officers related to the issuer. The Trust's principal address is given care of the sponsor's Nashua office.
Are there any investor complaints tied to this Trust?
On December 4, 2023, The White Law Group, a securities law firm, published a notice saying it was investigating potential claims involving broker-dealers who may have recommended FC Tulsa OK Investors DST. That is a law-firm solicitation and investigative lead, not a regulatory action, filed claim, or finding of misconduct. No primary record of filed claims was located.
Can this Trust convert into a REIT?
The record shows no 721/UPREIT feature — the structure by which some DSTs exchange investors' interests for operating-partnership units in a REIT at exit. Without that feature, an exit would typically come from a sale of the underlying real estate, though the actual exit terms would be set out in the Trust's offering documents and trust agreement.

Sources

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These links support the record as a whole; individual details may come from different sources.

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.