Tradewinds Apartments

Class A garden-style multifamily property in Midland, TX · sponsored by Olympus Property

Tradewinds Apartments is a DST sponsored by Olympus Property that owns a class A garden-style multifamily property in Midland, TX (214 units). Its latest Form D, filed Dec 10, 2025, lists a $21.1 million offering with a $25,000 minimum.

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$21,107,000
Equity offered, per the Form D
Sold so far
None reported as of Dec 10, 2025
Form D, Dec 10, 2025
Selling commissions
$1,846,863 · 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.

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

Latest Form D
Dec 10, 2025 · 1 filing

No sales reported in a Form D amendment yet. Latest notice Dec 10, 2025.

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Ask a 1031 specialist about this recordFree. About: Tradewinds Apartments. Top1031 is not a broker-dealer.
Tradewinds Apartments image

Tradewinds Apartments · Midland, TX · Photo: lirp.cdn-website.com

Location map1808 Tradewinds Blvd, Midland, TXAddress matched to a cited source

What does Tradewinds Apartments own?

Olympus Property's November 7, 2025 announcement described the Trust's asset as a recently acquired Class A garden-style apartment community in Midland, Texas, and said Olympus first bought it onto its own balance sheet ahead of the DST offering. 2 Baker 1031's summary of the offering materials reports a $34,250,000 acquisition price but establishes no purchase date. 3 That same summary reports roughly 90.65% occupancy in September 2025 — a dated reading, not a current one. 3

Property address
1808 Tradewinds Blvd, Midland, TX
Property size
214 units

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

Leveraged means the Trust carries mortgage debt, and the lender is paid before investors. Baker 1031's summary of the offering materials describes a $19,021,000 Fannie Mae DUS loan placed through Berkadia Commercial Mortgage, maturing November 1, 2032. 3 Olympus described the financing as fixed-rate and interest-only, so no principal is paid down during the term. 2

Debt

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

Costs and terms from the Form D

Selling commissions
$1,846,863 · 8.7% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$5,172,391 · 24.5% of offering
Form D Item 16
· The filing’s note: “Olympus Tradewinds LLC will be responsible for paying certain expenses of the Issuer of approximately $4,405,469.”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Not in the Form D
Minimum investment
$25,000

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?

No amendment has followed the original notice, so the public record still reflects the offering as it was first filed. The exemption claimed permits general advertising, but every buyer must be a verified accredited investor — someone meeting SEC income or net-worth tests — and the offering documents govern the actual terms.

Legal Trust name
Olympus Tradewinds DST
SEC CIK
2099969
First Form D
Dec 10, 2025
Latest Form D
Dec 10, 2025
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

SEC Form D filings, newest first

SEC Form D filings for Tradewinds Apartments, newest first
FiledFormOffering amountAmount soldFiling on SEC EDGAR
Form D$21,107,000
$0
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 Tradewinds Apartments an active offering?
Tradewinds Apartments is an Active offering: its latest Form D was filed Dec 10, 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 owning an interest in this Trust actually get me?
A beneficial interest in Olympus Tradewinds DST, a Delaware statutory trust whose identified asset is Tradewinds Apartments in Midland, Texas. A trustee holds title; you have no management role and no vote on day-to-day operations. Interests in a DST can qualify as replacement property in a 1031 exchange, which is why exchange buyers use them. Your outcome tracks one apartment community in a single Texas submarket.
What is the minimum investment?
It depends on the source. The Form D filed with the SEC on December 10, 2025 states a $25,000 minimum accepted from an outside investor. Olympus's own DST program materials describe a $250,000 minimum for Tradewinds Apartments, and SQX Alts repeated that $250,000 figure on August 31, 2026. Nothing reviewed reconciles the two; the offering documents control, so confirm the applicable minimum there before committing exchange funds.
Who is the tenant, and is there a master lease?
There is no corporate credit tenant — residents of an apartment community sign ordinary short-term leases. Baker 1031's summary of the offering materials reports that the property is master-leased to an Olympus affiliate, without naming that entity, and names Olympus Property as the property manager. On that account the sponsor's organization sits on both sides of the operating arrangement. No master lease document was available to verify it, and the offering documents set the binding terms.
Why do published unit counts differ?
Baker 1031's trust-specific offering page describes a 214-unit community at 1808 S. Tradewinds Boulevard, the count carried in this record. SQX Alts described the same Midland program as a 166-unit Class A multifamily DST on August 31, 2026, and published descriptions also disagree on the building's vintage. Nothing reviewed settles which figure is correct, so treat the unit count as established only by the Trust's own offering documents.
What concentration and structural risks does this Trust carry?
Everything rests on one apartment community at a single Midland, Texas address, in a market tied to the Permian Basin economy. The master tenant is reported to be an Olympus affiliate and Olympus Property is reported as the manager, so the sponsor is not dealing with an outside operator. The mortgage carries interest-only payments, meaning principal is not paid down during the term and must be refinanced or repaid from a sale. The Trust is not structured to convert into REIT shares through a 721/UPREIT exit — swapping property interests for operating-partnership units — so a property sale is the expected liquidity path, and DST interests are generally illiquid with no public trading market.

In the news

Olympus Property Debuts Texas $21 Million Multifamily DSTOlympus Property launched the Olympus Tradewinds DST, a $21.1M offering backed by the Class A garden-style Tradewinds multifamily community in Midland, TX, financed with a 7-year Fannie Mae 4.95% IO loan at 47.4% LTV and modeled to deliver 6% year-1 cash-on-cash.
As reported by the sponsor · AltsWire ↗

Sources

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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.