Broadstone Optimist Park
Legal trust name Origin Charlotte NoDa, DST
Offering size$48.9M
Asset typeMultifamily
LocationCharlotte, NC
FinancingNot disclosed
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedJun 4, 2025
Last filedJul 2, 2026
Minimum$250k
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.
Broadstone Optimist Park is a 323-unit, Class A multifamily community built in 2023 at 2010 N. Brevard Street in Charlotte's Optimist Park neighborhood. Origin Investments acquired it on May 5, 2025 for $91.5 million and offered it to 1031 exchange investors through its Origin Exchange platform as Origin Charlotte NoDa, DST. The offering was structured with roughly $49 million of equity and $48 million of debt, an implied loan-to-value near 50%, a $250,000 minimum, and a two-to-five-year hold. Origin announced on June 9, 2026 that the offering had reached full subscription.
Min $250k; 91% leased at acquisition; $48.5M offering; studio-2BR + townhomes; hold 2-5 yrs
323 unitsBased on issuer-filed Form D notices through Jul 2, 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 amount99.0%
Capital sold, per latest Form D$48,412,492
Remaining amount reported in latest Form D$504,557
Investor count reported in latest Form D97
Stated minimum investment$250,000
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First filedJun 4, 2025
Latest filingJul 2, 2026
Filings tracked17
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 profile
SEC filings + cited sources
Property and location
Broadstone Optimist Park is a 323-unit, six-story Class A apartment community at 2010 N. Brevard Street in Charlotte, NC 28206, with studio, one-, and two-bedroom units and townhomes ranging 600–1,368 square feet, plus amenities including a pool with cabanas, a fitness center, coworking space, a podcast recording studio, and an outdoor dining area 1. Alliance Residential Company opened the property in November 2023 1.
Acquisition
Origin Investments acquired the property on May 5, 2025 for $91.5 million from Alliance Residential Company, per Mecklenburg County records reported by the Charlotte Business Journal 2. Origin reported the property was 91% leased at acquisition 3.
DST offering
The property was placed into Origin Charlotte NoDa, DST and offered through the Origin Exchange platform, which Origin launched in June 2024 4. Origin announced the offering on May 21, 2025 as a $48.5 million raise with a $250,000 minimum and a two-to-five-year hold 5. Sponsor materials describe total capitalization near $97 million, about $49 million of equity and $48 million of debt, and an implied loan-to-value of roughly 49.58% 6. An issuer-filed Form D/A dated July 2, 2026 reported a total offering amount of $48,917,049 with $48,412,492 sold as of that date 7. Top1031's structured record, drawn from filings first made June 4, 2025, classifies the offering as approximately 99% subscribed 8.
Sponsor context
Origin Investments, founded in 2007 and led by co-CEOs Michael Episcope and David Scherer, positioned the Charlotte NoDa DST as its third completed multifamily DST from Origin Exchange 54. On June 9, 2026, Origin announced that the Charlotte NoDa DST and its Nashville Queens Wedgewood-Houston DST had reached full subscription, with roughly $140 million raised across three completed DST offerings since June 2024 9.
In the news
Frequently asked questions
Is Broadstone Optimist Park currently active?
Broadstone Optimist Park 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 Broadstone Optimist Park?
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.