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
Last Form D filed Feb 23, 2022.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $29,374,069Equity offered, per the Form D
- Sold
- 98.7%Form D, Feb 23, 2022; the % is our arithmetic
- Investors reported
- Form D, Feb 23, 202291
- Selling commissions
- Form D Item 15; the % is our arithmetic$2,540,857 · 8.6% of offering
- 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 offeringForm 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
Show the firms
- Arete Wealth Management, LLC · CRD 44856
- Aurora Securities · CRD 46147
- Cape Securities Inc. · CRD 7072
- Centaurus Financial, Inc. · CRD 30833
- Concorde Investment Services, LLC · CRD 151604
- Courtlandt Securities Corporation · CRD 137356
- DFPG Investments, LLC · CRD 155576
- Emerson Equity LLC · CRD 130032
- Great Point Capital LLC · CRD 114203
- Growth Capital Services, Inc. · CRD 124658
- Lightpath Capital, Inc. · CRD 34617
- McDermott Investment Services, LLC · CRD 154926
- Metropolitan Capital Investment Banc, Inc. · CRD 148820
- Network 1 Financial Securities Inc. · CRD 13577
- Patrick Capital Markets, LLC · CRD 16518
- Realized Financial, Inc. · CRD 22333
- Stax Capital · CRD 300607
- Stonecrest Capital Markets, Inc. · CRD 39616
- Whitehall-Parker Securities, Inc. · CRD 10608
Individual representatives named in Item 12 are not listed.
- 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.
Who's behind NexPoint Hickory DST?
- Sponsor
- Offerings on record
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.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing 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.