Top1031

NexPoint Storage III DST

sponsored by NexPoint

HistoricalLast Form D filed May 18, 2022 (opens in a new tab)

NexPoint Storage III DST, sponsored by NexPoint, filed its first Form D with the SEC on Feb 1, 2022 for a $95.1 million offering. Its last Form D was filed May 18, 2022.

How it ended

No outcome recorded · under 7 years

Last Form D filed May 18, 2022.

NexPoint has 5 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$95,155,013
Equity offered, per the Form D
Sold
98.5%
Form D, May 18, 2022; the % is our arithmetic
Investors reported
215
Form D, May 18, 2022
Selling commissions
$8,230,909 · 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 Storage III DST. Top1031 is not a broker-dealer.

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
$8,230,909 · 8.6% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$3,090,930 · 3.2% 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
26 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jan 18, 2022
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 Storage III DST
SEC CIK
1907472
First Form D
Feb 1, 2022
Latest Form D
May 18, 2022
Filings on record
9
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$95,155,013
$93,818,652+$1,460,537
215+2
EDGAR
Form D/A$95,155,013
$92,358,115+$918,610
213+4
EDGAR
Form D/A$95,155,013
$91,439,505+$2,682,245
209+9
EDGAR
Form D/A$95,155,013
$88,757,260+$6,932,084
200+16
EDGAR
Form D/A$95,155,013
$81,825,176+$16,311,150
184+48
EDGAR
Form D/A$95,155,013
$65,514,026+$19,176,799
136+32
EDGAR
Form D/A$95,155,013
$46,337,227+$27,919,565
104+54
EDGAR
Form D/A$95,155,013
$18,417,662+$12,206,837
50+39
EDGAR
Form D$95,155,013
$6,210,825
11
EDGAR
Show all 9 SEC Form D filings

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 Storage III DST?
NexPoint Storage III DST is a Historical offering. Last Form D filed May 18, 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.