Residence Inn Ocean Township (Oakhurst, NJ)

Hotel in Oakhurst (Ocean Township), NJ · sponsored by Peachtree Group

Residence Inn Ocean Township (Oakhurst, NJ) was a DST sponsored by Peachtree Group that owned a hotel in Oakhurst (Ocean Township), NJ (114 suites). Its last Form D, filed Sep 22, 2025, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Sep 22, 2025, reports the offering fully sold.

Peachtree Group has 2 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$39,829,373
Equity offered, per the Form D
Sold
100%
Form D, Sep 22, 2025; the % is our arithmetic
Investors reported
123
Form D, Sep 22, 2025
Selling commissions
$2,389,762 · 5.9% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
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 →

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Ask a 1031 specialist about this recordFree. About: Residence Inn Ocean Township (Oakhurst, NJ). Top1031 is not a broker-dealer.

Residence Inn Ocean Township (Oakhurst, NJ) · Oakhurst (Ocean Township), NJ · Photo: hotelbusiness.com

What did the Trust own?

The hotel is an extended-stay Residence Inn by Marriott that opened in August 2024 in Monmouth County, on the central New Jersey shore. It was constructed in 2024 and is owned and managed by Peachtree Group. 2 Rooms are sold through the Residence Inn by Marriott brand, including participation in Marriott Bonvoy. 2

Property address
1615 NJ-35, Oakhurst (Ocean Township), NJ
Property size
114 suites

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

The Trust holds the hotel without a mortgage; Peachtree describes the asset as debt-free. 1 That means no lender, no loan maturity and no refinancing risk — and also no replacement debt for an exchanger who carried a mortgage on the property they sold.

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$2,389,762 · 5.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$2,556,571 · 6.4% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees and expenses, including Acquisition Fee, Managing Broker-Dealer Fee, Organization & Offering Expenses, Due Diligence Allowance and Depositor Bridge Capital Costs that may accrue to one or more related persons.”
Broker-dealers named in the Form D
21 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
May 1, 2025
Minimum investment
$100,000

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?

Peachtree filed the initial Form D — the brief notice an issuer files with the SEC for an exempt offering — in the spring of 2025, then amended it as the raise progressed, each amendment refreshing the sold-to-date and investor figures. The exemption noted below permits public advertising but requires the sponsor to verify that every investor is accredited.

Legal Trust name
PG Ocean DST
SEC CIK
2067262
First Form D
May 8, 2025
Latest Form D
Sep 22, 2025
Filings on record
3
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 Residence Inn Ocean Township (Oakhurst, NJ), newest first
FiledFormOffering amountAmount soldInvestorsFiling on SEC EDGAR
Form D/A$39,829,373
$39,829,373+$25,699,306
123+80
EDGAR
Form D/A$39,829,373
$14,130,067+$12,510,004
43+36
EDGAR
Form D$39,829,373
$1,620,063
7
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

What happened to Residence Inn Ocean Township (Oakhurst, NJ)?
Residence Inn Ocean Township (Oakhurst, NJ) is a Historical offering. The last Form D, filed Sep 22, 2025, reports the offering fully sold.
What property does PG Ocean DST own?
A single hotel: the Residence Inn by Marriott Ocean Township at 1615 Highway 35 in Oakhurst (Ocean Township), New Jersey, a 114-suite extended-stay property in Monmouth County that opened in August 2024. It was constructed in 2024 and is owned and managed by Peachtree Group.
Is there a mortgage on the hotel?
No. Peachtree describes the asset as debt-free, and the offering reports no loan-to-value. Practically, that removes lender covenants, loan maturities and refinancing risk — but it also means an investor who needs to replace debt from a relinquished property will not find replacement debt in this Trust.
Who is the tenant?
There isn't one. A hotel DST owns an operating business rather than a leased building, so revenue depends on nightly room rates and occupancy, not on a tenant's rent obligation. Peachtree Hospitality Management, a Peachtree Group division, is identified as the manager of the hotel.
Is there a 721/UPREIT exit?
Nothing in the filings or sponsor materials reviewed indicates a 721/UPREIT exit — the option some DSTs carry to contribute the property to a REIT in exchange for operating partnership units. On the record here, an exit would come through a sale or other disposition of the hotel.
What was the minimum investment?
The Form D reports a $100,000 minimum outside investment, equity interests, and reliance on Rule 506(c), the exemption that allows public solicitation so long as the sponsor verifies each purchaser's accredited-investor status. The first sale was reported as May 1, 2025.

In the news

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.