Tradewinds Apartments
Legal trust name Olympus Tradewinds DST
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.
Tradewinds Apartments is a Class A garden-style multifamily community of 214 units at 1808 S. Tradewinds Blvd. in Midland, Texas. It is held by Olympus Tradewinds DST and sponsored by Fort Worth-based Olympus Property. An Olympus affiliate acquired the property for $34.25 million before placing it into the trust, financed with a $19.02 million Fannie Mae loan fixed at 4.95%, interest-only through a November 1, 2032 maturity. Total DST capitalization is roughly $40.13 million, including about $21.1 million of accredited-investor equity. At disposition, the structure offers a Section 721 UPREIT option into Olympus Property REIT I LLC.

LTV 47.4%; min $250k; 7-yr Fannie Mae 4.95% IO loan; modeled 6% yr-1 cash-on-cash; DST equity $21.107M
214 unitsBased on issuer-filed Form D notices through Dec 10, 2025. 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.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
Property and asset
Olympus Tradewinds DST holds Tradewinds Apartments, a Class A garden-style multifamily community of 214 units at 1808 S. Tradewinds Blvd., Midland, Texas 79706. An Olympus Property affiliate acquired the asset for $34,250,000 before contributing it to the trust. 12 The sponsor cites Midland's Permian Basin economy, anchored by Fortune 500 energy employers including Chevron, ExxonMobil, ConocoPhillips, and Apache, as supporting local rental demand. 2
Financing
The trust carries a Berkadia Commercial Mortgage-originated Fannie Mae Delegated Underwriting and Servicing loan of $19,021,000, fixed at 4.95% and interest-only for its full seven-year term, maturing November 1, 2032, at a 47.4% in-place loan-to-value with a Year-1 debt-service-coverage ratio of 2.48x. Total DST capitalization is approximately $40.13 million, including roughly $21.1 million of equity from accredited investors. 12
Sponsor
Olympus Property, founded in 1992 and based in Fort Worth, Texas, reported approximately $9.2 billion in assets under management as of November 2025, with ownership, management, or development of 137 properties totaling roughly 36,000 units across 17 states. It reported 54 realized full-cycle deals with a 30.65% average deal-level IRR and 3.06x average equity multiple, and about 1,500 units owned in the Midland–Odessa market. 2
Exit optionality
At disposition, investors may pursue a tax-deferred 1031 exchange into a successor property or a Section 721 UPREIT rollover into Olympus Property REIT I LLC, subject to qualification and market conditions. 2
Offering record
An issuer Form D filed December 10, 2025 reported a $21,107,000 offering with none sold as of that filing date. 3
In the news
Frequently asked questions
Is Tradewinds Apartments currently active?
Tradewinds Apartments 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 Tradewinds Apartments?
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.
