NexPoint Hickory DST

in Denton, TX · sponsored by NexPoint

NexPoint Hickory DST, sponsored by NexPoint, filed its first Form D with the SEC on Nov 23, 2021 for a $29.3 million offering. Its last Form D was filed Feb 23, 2022.

How it ended

No outcome recorded · under 7 years

Last Form D filed Feb 23, 2022.

NexPoint has 5 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$29,374,069
Equity offered, per the Form D
Sold
98.7%
Form D, Feb 23, 2022; the % is our arithmetic
Investors reported
91
Form D, Feb 23, 2022
Selling commissions
$2,540,857 · 8.6% of offering
Form D Item 15; the % is our arithmetic
Financing
Leveraged. This offering reports mortgage debt on the property.
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: NexPoint Hickory DST. Top1031 is not a broker-dealer.

What did NexPoint Hickory DST own?

Reported location
Denton, TX

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

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.

Costs and terms from the Form D

Selling commissions
$2,540,857 · 8.6% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$926,244 · 3.1% of offering
Form D Item 16
· The filing’s note: “Item 16 is an estimate of offering expenses and acquisition fees that may accrue to one or more Related Persons.”
Broker-dealers named in the Form D
19 named in the Form D
Date of first sale
Nov 12, 2021
Minimum investment
$100,000

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.

What does the SEC record show?

Legal Trust name
NexPoint Hickory DST
SEC CIK
1892162
First Form D
Nov 23, 2021
Latest Form D
Feb 23, 2022
Filings on record
8
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 NexPoint Hickory DST, newest first
FiledFormOffering amountAmount soldInvestorsFiling on SEC EDGAR
Form D/A$29,374,069
$29,004,740+$49,840
91+1
EDGAR
Form D/A$29,374,069
$28,954,900+$110,957
90+1
EDGAR
Form D/A$29,374,069
$28,843,943+$550,000
89+2
EDGAR
Form D/A$29,374,069
$28,293,943+$799,915
87+3
EDGAR
Form D/A$29,374,069
$27,494,028+$1,663,353
84+6
EDGAR
Form D/A$29,374,069
$25,830,675+$6,927,114
78+27
EDGAR
Form D/A$29,374,069
$18,903,561+$8,811,666
51+32
EDGAR
Form D$29,374,069
$10,091,895
19
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 NexPoint Hickory DST?
NexPoint Hickory DST is a Historical offering. Last Form D filed Feb 23, 2022.

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.