Talk to a 1031 specialistData updated Jul 8, 2026
Offering size$31.4M
Asset typeMultifamily
LocationGreensboro, NC
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedMay 7, 2026
Last filedJul 8, 2026
Minimum$100k
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.
NexPoint Waterford DST is a Delaware statutory trust sponsored by NexPoint that provides 1031-exchange access to Waterford Place Apartment Homes, a 240-unit garden-style multifamily community at 101 Shore Lake Dr in Greensboro, North Carolina. Built in 1997 along Lake Jeanette, the property averages 1,155 square feet per unit. NexPoint acquired the asset for $49.5 million from JSB Capital Group in late January 2026, financing it in part with a $29.7 million Freddie Mac loan arranged by Walker & Dunlop. The trust's offering launched in March 2026 with a total offering amount of $31,360,817.
Based on issuer-filed Form D notices through Jul 8, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount11.0%
Capital sold, per latest Form D$3,372,616
Remaining amount reported in latest Form D$27,988,201
Investor count reported in latest Form D10
Stated minimum investment$100,000
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First filedMay 7, 2026
Latest filingJul 8, 2026
Filings tracked5
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering
- Offering size
- $31,360,817
- Total capitalization
- $61,060,817
- Total acquisition cost
- $52,778,578
- Min investment
- $100,000 (cash or 1031)
Financing
- Leverage to investors
- 48.6%
- Interest rate
- 4.86% fixed
- Loan term
- 120 months, interest-only for full term
- Lender reserves
- $797,576
- Controlled reserves
- $4,552,427
Management
- Property management
- BH Management (MINT leasing platform)
- Launched
- 2026-03-24
Details
- Value add
- 33 full unit upgrades + 122 partial upgrades planned
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
Offering profile
SEC filings + cited sources
Property
Waterford Place Apartment Homes is a 240-unit, garden-style multifamily community at 101 Shore Lake Dr in Greensboro, North Carolina, built in 1997 along Lake Jeanette and averaging 1,155 square feet per unit 4.
Acquisition and financing
NexPoint acquired the property for $49.5 million — about $206,250 per unit — from JSB Capital Group, with the transaction closing in late January 2026 1; Guilford County records corroborate the $49.5 million purchase price 2. Acquisition financing included a $29.7 million Freddie Mac loan arranged by Walker & Dunlop 1.
Offering
NexPoint launched the NexPoint Waterford DST offering in March 2026 as a Delaware statutory trust providing 1031-exchange access to the Greensboro property 3. The issuer's Form D reported a total offering amount of $31,360,817 6; an amended notice dated July 8, 2026 reported $3,372,616 sold 5.
In the news
Frequently asked questions
Is Waterford Place Apartment Homes currently active?
Waterford Place Apartment Homes is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Waterford Place Apartment Homes?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.