Top1031

The Oasis at Shingle Creek

Multifamily property in Kissimmee, FL · sponsored by NexPoint

HistoricalLast Form D, filed Oct 6, 2026, reports the offering fully sold (opens in a new tab)

The Oasis at Shingle Creek was a DST sponsored by NexPoint that owned a multifamily property in Kissimmee, FL. Its last Form D, filed Oct 6, 2026, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Oct 6, 2026, reports the offering fully sold.

NexPoint has 5 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$46,331,389
Equity offered, per the Form D
Sold
100%
Form D, Oct 6, 2026; the % is our arithmetic
Investors reported
136
Form D, Oct 6, 2026
Selling commissions
$4,053,996 · 8.7% 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(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Sponsor buyout right
Yes, after 1 year
Offering documents, Oct 2025 · Deal terms ↓

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 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: The Oasis at Shingle Creek. Top1031 is not a broker-dealer.
The Oasis at Shingle Creek image

The Oasis at Shingle Creek · Kissimmee, FL · Photo: nexpoint.com

What did The Oasis at Shingle Creek own?

The Altman Companies developed the community. A purchase agreement dated August 7, 2025 set a price of $87,250,000, and the Trust closed the acquisition from unaffiliated seller Shingle Creek Acquisition LLC on September 25, 2025. 1 NexPoint's offering brochure reports a total acquisition cost higher than that contract price. 3 The sponsor markets the location as Orlando; the street address is in Kissimmee.

Property address
4350 Osceola Trail Rd, Kissimmee, FL
Property size
356 units across 15 three-story buildings (Class A garden-style; 130 units with direct-access garages)
Total funding
$98,681,389
Investor money plus any loan.
Property acquisition cost
$91,733,700

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

Leveraged means mortgage debt sits beneath investor equity, letting an exchanger replace both the cash and the debt from the property they sold. The offering documents report an original mortgage principal of $52,350,000 taken in connection with the acquisition. 1

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.
Interest rate
4.85% fixed
Loan term
120 months, interest-only for full term
Leverage to investors
53.1%
Leverage means borrowed money. This is the sponsor’s own figure.
Reserves held by the lender
$1,115,704
Reserves the trust controls
$1,500,000
May convert to a REIT (721)
See Deal terms ↓
Target hold
5–10 years From NexPoint’s offering documents (Oct 2025). As reported by the sponsor.

Costs and terms from the Form D

Selling commissions
$4,053,996 · 8.7% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,586,738 · 3.4% of offering
Form D Item 16
· The filing’s note: “Item 16 is an estimate of offering expenses and acquisition/facilitation fees that may accrue to one or more Related Persons.”
Broker-dealers named in the Form D
23 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Nov 7, 2025
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 are the deal terms?

From NexPoint’s offering documents (Oct 2025).

Your exit

Can the sponsor's affiliate buy investors out?
Yes, after 1 year

All investors must hold 1 year. No reply: cash (taxable sale)

Rent and the bills

Who pays rent to the trust?
A master tenant affiliated with the sponsor
Who pays for roof and structural repairs?
Investors, through the trust
Who pays if taxes or insurance go up?
Investors, through the trust
Was the property bought from a sponsor affiliate?
No

Your rights

Can investors remove the manager?
No
How are disputes with the sponsor resolved?
In court

What does the SEC record show?

The issuer reported November 7, 2025 as the offering's date of first sale and has amended its Form D — the brief SEC notice for an exempt private placement — repeatedly since; each amendment restates equity sold and investor count rather than changing terms. 4 Under Rule 506(c), NexPoint must verify each buyer's accredited status rather than accept self-certification.

Legal Trust name
NexPoint Oasis DST
SEC CIK
2098911
First Form D
Dec 2, 2025
Latest Form D
Oct 6, 2026
Filings on record
18
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$46,331,389
$46,331,389+$1,549,696
136+5
EDGAR
Form D/A$46,331,389
$44,781,693+$5,167,461
131+9
EDGAR
Form D/A$46,331,389
$39,614,232+$2,297,951
122+5
EDGAR
Form D/A$46,331,389
$37,316,281+$4,663,783
117+14
EDGAR
Form D/A$46,331,389
$32,652,498+$5,726,735
103+10
EDGAR
Form D/A$46,331,389
$26,925,763+$836,756
93+3
EDGAR
Form D/A$46,331,389
$26,089,007+$1,732,633
90+7
EDGAR
Form D/A$46,331,389
$24,356,374+$1,607,150
83+6
EDGAR
Form D/A$46,331,389
$22,749,224+$1,486,082
77+6
EDGAR
Form D/A$46,331,389
$21,263,142+$5,326,638
71+19
EDGAR
Form D/A$46,331,389
$15,936,504+$3,340,976
52+10
EDGAR
Form D/A$46,331,389
$12,595,528+$2,695,195
42+10
EDGAR
Form D/A$46,331,389
$9,900,333+$1,825,635
32+8
EDGAR
Form D/A$46,331,389
$8,074,698+$2,282,892
24+7
EDGAR
Form D/A$46,331,389
$5,791,806+$2,033,888
17+8
EDGAR
Form D/A$46,331,389
$3,757,918+$400,798
9+2
EDGAR
Form D/A$46,331,389
$3,357,120+$1,533,892
7+4
EDGAR
Form D$46,331,389
$1,823,228
3
EDGAR
Show all 18 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 The Oasis at Shingle Creek?
The Oasis at Shingle Creek is a Historical offering. The last Form D, filed Oct 6, 2026, reports the offering fully sold.
Does The Oasis at Shingle Creek have a 721 UPREIT exit?
The record lists a possible 721 exit for The Oasis at Shingle Creek. The offering documents set whether and when it could happen. In a 721 exchange, or UPREIT, the DST’s property is contributed to a REIT’s operating partnership and investors receive operating-partnership units instead of cash.
How a DST-to-721 UPREIT exit works
Who is the tenant, and how does income reach investors?
There is no single corporate tenant. Income begins with residents of the apartments, each on an individual residential lease. The offering documents state that the Trust leases the entire property to NexPoint Oasis Leaseco, LLC, a sponsor affiliate, under a master lease dated September 25, 2025; that affiliate subleases to residents and pays rent to the Trust, which in turn distributes to beneficial owners. The master tenant engaged BH Management Services, LLC to manage the property day to day.
How occupied is the property?
Two sponsor-reported figures exist, both measured before the raise began. NexPoint's offering brochure states the property was 93.3% occupied as of March 2025, and the offering documents report it 94.1% leased as of July 22, 2025 — before the Trust acquired the asset. No later occupancy figure was established in the sources reviewed, so an investor wanting a current number would need one directly from the sponsor.
What does an interest-only loan mean at maturity?
Interest-only means no principal is paid down during the loan term, so the full balance remains outstanding when the loan comes due and must be repaid from a refinancing or a sale of the property. The offering documents report an original mortgage principal of $52,350,000 obtained in connection with the September 25, 2025 acquisition. The rate, term and leverage figures NexPoint reports appear in the financing rows on this page. The current sources reviewed did not identify the lender.
Is the property in Orlando or Kissimmee?
Both labels describe the same building. NexPoint markets the offering as an Orlando-area property because the site sits in the Orlando–Kissimmee–Sanford metropolitan statistical area, but the street address, 4350 Osceola Trail Road, is in Kissimmee, Florida 34746. The submarket is Kissimmee; nothing about the asset changes with the label.

In the news

Sources

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These links support the record as a whole; individual details may come from different sources.

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.