FC TULSA OK INVESTORS DST
Other property in Nashua, NH — sponsored by Net Lease Capital Advisors
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
FC Tulsa OK Investors DST is a Delaware statutory trust — a passive co-ownership vehicle 1031 exchangers use to defer capital gains tax — sponsored by Net Lease Capital Advisors of Nashua, New Hampshire.1 Its single Form D, the brief notice issuers file for a private placement, names no property, tenant, or location, so what the Trust holds is not established on the public record.2
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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.
What exactly is the property?
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 did it end?
No ending on record
The SEC Form D and filing history document only the 2021 securities offering, while JRW's 'Active' label is not dated affirmative proof of continuing ownership; no direct post-raise sale, 721/UPREIT exchange, foreclosure, distress, or operating evidence was found, so the ultimate outcome is unknown.
Form D filed Dec 3, 2021 (single filing date, no amendment). Sponsor Net Lease Capital Advisors (Nashua, NH); related persons Douglas F. Blough and Bruce S. MacDonald. CIK 0001897156. No public marketing property name, address, asset class, or size was located.
Who's behind it?
Net Lease Capital Advisors is the sponsor of record, with the Trust's principal address listed care of the firm at 10 Tara Boulevard, Suite 501, Nashua, New Hampshire.1 The Form D names Douglas F. Blough and Bruce S. MacDonald as executive officers related to the issuer.1 On December 4, 2023, The White Law Group published a notice saying it was investigating potential claims involving broker-dealers who may have recommended this Trust — an investigative lead, not a finding of wrongdoing.3
- Sponsor
- Net Lease Capital Advisors
- Legal Trust name
- FC TULSA OK INVESTORS DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 8 active / 22 total offerings from Net Lease Capital Advisors
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
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.
- 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.
Common questions
What happened to FC TULSA OK INVESTORS DST?
Top1031 lists FC TULSA OK INVESTORS DST as historical. It is no longer raising money.
Where does Top1031 get the data for FC TULSA OK INVESTORS DST?
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.
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 private placement memorandum (PPM), the offering document the sponsor gives prospective investors, from the sponsor or a selling broker-dealer.
Is the offering still open to new investors?
Top1031 data classifies the Trust as still raising, because no amendment or closing notice appears in the SEC record after the December 3, 2021 Form D. Sponsors are not always required to file an amendment when an offering closes, so the absence of one is not proof the raise is live. Confirm current status directly with Net Lease Capital Advisors.
What does Rule 506(b) mean for how this was sold?
Rule 506(b) is the private-placement exemption that bars general advertising or public solicitation. Interests are offered through pre-existing relationships, typically to accredited investors — individuals meeting SEC income or net-worth thresholds. That is why a 506(b) DST often has no public website, brochure, or property page, which matches what is available for this Trust.
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 PPM and trust agreement.