Minimum investment
$100k
Offering size
$77.3M
How much has sold
100.0%
Asset type
Aviation property
Location
Opa-Locka (Miami), FL
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
This is a Delaware Statutory Trust (DST) — a passive co-ownership vehicle whose interests can be used in a 1031 exchange — that raised capital from accredited investors under Rule 506(b) between September 2022 and April 2023. Its Form D filings describe the use of proceeds only as "Other Real Estate" and identify no property, tenant, or lender.1 The offering is closed to new investors.
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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 trust's SEC filings name no property: the April 19, 2023 Form D/A categorizes the use of proceeds only as "Other Real Estate."1 Offering materials circulated under the name Aviation Infrastructure, DST describe a Class-A fixed-base operator (FBO) facility on ground-leased land at Miami-Opa Locka Executive Airport in Florida. Web research through August 25, 2026 could not confirm from a primary record that this trust holds that asset.
- Reported location
- Opa-Locka (Miami), FL
- Property size
- 175,000 sf facility on 27.4 acres
Who is the tenant, and what's the lease?
No tenant and no lease are identified anywhere in the trust's SEC filings.1 The Aviation Infrastructure materials describe a long-term triple-net lease — the tenant, not the landlord, carrying taxes, insurance and maintenance — to Jet Aviation USA, but that pairing with this trust remains unconfirmed.
How did it end?
No ending on record
No public sale, full-cycle, foreclosure, or distribution announcement for NexPoint Aviation DST (aviation-asset DST) could be located; only Form D/A filings from 2022-2023 are on record per SEC EDGAR (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001943405).
FBO at Miami-Opa Locka Executive Airport · Form D filed by NexPoint Real Estate Advisors IV, L.P. on September 7, 2022 with subsequent amendment through April 19, 2023; offering amount reportedly ~$77,258,899 per The White Law Group. The property is a Class-A FBO facility at 14225 Aviation Drive (also referenced as 14225) on the Miami-Opa Locka Executive Airport leased to Jet Aviation USA (a General Dynamics subsidiary) on a 61-year NNN ground lease running through April 2084 from Miami-Dade County, per the Aviation Infrastructure, DST PPM and brochure hosted on exchange-x.com. Site comprises approximately 175,000 square feet of facility on roughly 27.4 acres. Identification of the PPM property with the NexPoint Aviation DST legal trust is inferred from property/asset-type/sponsor fit; no single visited source names both together in one sentence.
175,000 sf facility on 27.4 acresSupporting evidence
How is it financed, and what does it pay?
The Form D record discloses no mortgage, lender, or loan terms, so whether this trust used debt or acquired all-cash is not established in the public record.1
Who's behind it?
NexPoint is a Dallas-based alternative investment manager; EDGAR lists this Delaware trust at a Dallas, Texas business address.2 The April 19, 2023 Form D/A names NexPoint Real Estate Advisors IV, L.P. as sponsor of the issuer.1 On April 14, 2024, securities law firm The White Law Group published a notice that it was investigating broker-dealer recommendations of the trust to investors — a private law-firm inquiry, not a regulatory finding.
- Sponsor
- NexPoint
- Legal Trust name
- NexPoint Aviation DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 17 total offerings from NexPoint
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The trust was offered under Rule 506(b), the private-placement exemption that bars general advertising and limits sales to accredited investors the sponsor already had a relationship with. Each amendment updated the running sales tally; the stated offering size did not change across the record.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 12
- 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 Aviation Infrastructure, DST?
Top1031 lists Aviation Infrastructure, DST as historical. It is no longer raising money.
Where does Top1031 get the data for Aviation Infrastructure, 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.
Can I still invest in this Trust?
No. The Trust is closed to new investors. Its last Form D amendment was filed on April 19, 2023, and no later filing appears in the SEC record for CIK 0001943405 as of August 25, 2026.
What property does this Trust actually own?
The public filings don't say. The April 19, 2023 Form D/A describes the use of proceeds only as "Other Real Estate" and names no property, city, or tenant. Marketing materials filed under the Aviation Infrastructure, DST name describe an FBO facility at Miami-Opa Locka Executive Airport leased to Jet Aviation USA, but research through August 25, 2026 found no primary record linking that property to this SEC entity. Ask the sponsor and read the PPM (private placement memorandum, the offering's full disclosure document) for the actual asset.
Why are there two entities with similar aviation DST names?
A separate SEC issuer named Aviation Infrastructure, DST exists under CIK 0002077351 and filed a Form D on July 24, 2025.[3] It is a different filer from NexPoint Aviation DST, CIK 0001943405, and its offering facts should not be read onto this one.
Is the Trust leveraged?
Unknown from the public record. No Form D filing for this Trust discloses a lender, mortgage balance, or loan terms, and no other primary source located through August 25, 2026 establishes leverage either way.
What is the White Law Group investigation about?
On April 14, 2024, The White Law Group, a securities law firm, published a notice stating it was investigating broker-dealer recommendations of NexPoint Aviation DST to investors. A law-firm investigation notice is a solicitation of potential claimants, not an SEC action or a finding that anyone did anything wrong.
Has the Trust reported a sale or other outcome?
No outcome has been reported. Research through August 25, 2026 located no filing, sponsor announcement, or named third-party report of a property sale, full-cycle event, refinancing, or foreclosure for this Trust.
Chapter 9NexPoint Aviation DST: Securities InvestigationSecurities-law firm notice announcing an investigation of broker-dealer recommendations of NexPoint Aviation DST to investors.