Top1031

NuCare Blaine

Senior housing property in Blaine, MN · sponsored by NuCare

Active offeringLatest Form D filed Nov 18, 2025 (opens in a new tab)

NuCare Blaine is a DST sponsored by NuCare that owns a senior housing property in Blaine, MN (31 units). Its latest Form D, filed Nov 18, 2025, lists a $3.5 million offering with a $50,000 minimum.

Key facts

A free account shows how much of each active offering has sold and the Sponsor Grade letters.
Minimum investment
$50,000
From the Form D
Offering size
$3,529,886
Equity offered, per the Form D
Sold so far
Raising
53.9%
Form D, Nov 18, 2025; the % is our arithmetic
Investors reported
2
Form D, Nov 18, 2025
Selling commissions
$263,909 · 7.4% 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.

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 →

Sales so far

A free account shows how much of each active offering has sold and the Sponsor Grade letters.

Raising

Latest Form D
Nov 18, 2025 · 1 filing
First sale
Nov 4, 2025

These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.

How we work out how much has sold

We divide the amount the sponsor reports sold by the offering size in its latest SEC filing, filed Nov 18, 2025.

  • The sponsor reports these amounts itself, and can amend them later.
  • A filing can be behind what has actually sold. It does not confirm that interests are still available.
  • The amount left to sell is the offering size minus the amount sold.
Amount sold
$1,905,685
Not yet sold
$1,624,201
Investors
2

Calculated by Top1031 from the Form D filings, not stated by the sponsor:

53.9% of $3,529,886 sold, calculated by Top1031 from the Form D

Weighing this offering for your exchange? A licensed 1031 specialist from our affiliated partner can go through these filings with you.

Ask a 1031 specialist about this recordFree. About: NuCare Blaine. Top1031 is not a broker-dealer.
NuCare Blaine image 1 of 2

NuCare Blaine · Blaine, MN · Photo: images.leadconnectorhq.com

Location map10669 Ulysses St NE, Blaine, MNAddress matched to a cited source

What does NuCare Blaine own?

Anoka County's sales record shows BALC II LLC conveying the property to NuCare Blaine DST on November 14, 2025 for $4,500,000, by limited warranty deed. 1 The county parcel record dates the building to 2005. 1 Minnesota Department of Health records current as of September 1, 2026 identify the community at this address as Southern Oaks Place, licensed as an assisted living facility with dementia care. 4

Property address
10669 Ulysses St NE, Blaine, MN
Property size
31 units; 20,435 square feet

How have sales gone?

The Form D record has one sales figure so far, so there is no trend to chart. The figure is in Sales so far ↑.

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

The Trust carries mortgage debt rather than owning the building free and clear. NAI Legacy reports $2,700,000 of debt beneath the investor equity, which means a lender is repaid ahead of investors out of operating cash and out of any eventual sale. 2

Debt

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

Costs and terms from the Form D

Selling commissions
$263,909 · 7.4% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
Broker-dealers named in the Form D
None named in the Form D
Date of first sale
Nov 4, 2025
Minimum investment
$50,000

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.

What does the SEC record show?

The Trust's notice of an exempt offering reported November 4, 2025 as the date of first sale and a $50,000 minimum investment. 3 It is offered under an exemption that permits public advertising but limits buyers to accredited investors, those whose income or net worth the issuer verifies.

Legal Trust name
NuCare Blaine DST
SEC CIK
2096591
First Form D
Nov 18, 2025
Latest Form D
Nov 18, 2025
Filings on record
1
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$3,529,886
$1,905,685
2
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

Is NuCare Blaine an active offering?
NuCare Blaine is an Active offering: its latest Form D was filed Nov 18, 2025. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
What does this Trust actually own?
One assisted living and memory care community at 10669 Ulysses St NE in Blaine, Minnesota. NAI Legacy's offering page describes roughly 20,435 square feet across 31 residential units, and Anoka County's parcel record names NuCare Blaine DST as the owner and gives 2005 as the construction year. Minnesota Department of Health records identify the community at that address as Southern Oaks Place, licensed as an assisted living facility with dementia care. It is a single-property Trust, so results turn on one building, one tenant and one local senior housing market.
When did the Trust buy the property, and for how much?
Anoka County's sales record lists a November 14, 2025 limited warranty deed transferring the parcel from BALC II LLC to NuCare Blaine DST for $4,500,000. That recorded real estate price is a different figure from the securities offering: NAI Legacy states a total of $6,229,886 including debt, made up of $3,529,886 of equity and $2,700,000 of debt. Acquisition costs, reserves and fees are set out in the offering documents.
Who is the tenant, and how long is the lease?
NAI Legacy identifies CH BL1 LLC as the tenant. Its offering page lists a lease that commenced November 14, 2025 and expires October 31, 2040, with a purchase-option date of October 31, 2029. A Minnesota state resource directory updated October 6, 2026 separately lists Better Living as the providing organization for Southern Oaks Place at the same address. Lease terms, any guaranty and the operating arrangement are described in the offering documents.
Is the property financed with debt?
Yes, according to the sponsor. NAI Legacy reports $2,700,000 of mortgage debt alongside $3,529,886 of equity. The Form D filed with the SEC on November 18, 2025 covers only the securities being sold, not the mortgage, and names no lender.
How could this Trust end?
The two dated mechanics the sponsor publishes are a tenant purchase-option date of October 31, 2029 and a lease expiration of October 31, 2040. Sale and exit provisions are governed by the trust agreement and the offering documents.
Who controls the Trust?
The Form D filed with the SEC on November 18, 2025 identifies Duane H Lund, manager of NuCare Blaine Trustee, LLC, as the Trust's signatory trustee. NAI Legacy sponsors the offering and presents it on its Legacy Property Trust website. Investors in a Delaware statutory trust hold passive beneficial interests and do not make operating decisions for the property.

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.