AmeriLife Place II
Office in Clearwater, FL — sponsored by REVA Properties
Files with the SEC as REVA 2650 McCormick DST
Minimum investment
$50k
Offering size
$14.0M
How much has sold
None sold yet
Asset type
Office
Location
Clearwater, FL
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
AmeriLife Place II is a Delaware Statutory Trust — a structure that lets 1031 exchangers hold fractional interests in real estate — holding a three-story Clearwater, Florida office building leased to insurance marketing firm AmeriLife. REVA Properties sponsors it, and the Trust carries no mortgage. Top1031 pipeline data classifies the raise as fully subscribed and closed to new investors, while the single Form D on file has never been amended.
Sole tenant AmeriLife HQ, 11-yr FS lease to 2033; REVA bought 2600+2650 McCormick for $16M Jul 2025; no sale yet at Form D
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These links support the public record as a whole; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
AmeriLife Place II is the 2650 building of a two-building Clearwater office campus. St. Pete Catalyst reported that REVA, a Glen Allen, Virginia real-estate investment firm, closed on July 23, 2025 on a $16 million purchase of both 2600 and 2650 McCormick Drive.1 That report names REVA rather than the Trust as buyer, and no deed or title record reviewed shows the Trust holding fee title or places 2600 inside this Trust.
- Property address
- 2650 McCormick Dr, Clearwater, FL
- Property size
- 72,991 SF (3-story, 7.97 ac)
Who is the tenant, and what's the lease?
AmeriLife, an insurance marketing organization, is the sole tenant under an 11-year full-service lease running to 2033 — meaning the landlord, not the tenant, pays operating costs out of the rent. CoStar reported on August 19, 2026 that AmeriLife renewed at the building and now leases nearly 120,000 square feet, without stating the new term.2
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
The sponsor reported this offering sold out without filing per-sale amendments, so there is no raise history to show.
How is it financed, and what does it pay?
The Trust is unlevered: no loan maturity, no lender consent to negotiate and no refinancing risk — and no debt for an exchanger who needs to replace leverage from a relinquished property. No lender, loan document or recorded mortgage surfaced in the records reviewed, so that characterization rests on classification rather than a title search.
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
REVA Properties, which also appears as REVA Kay, is described in a July 1, 2026 sponsor listing by JRW Investments as a national Delaware Statutory Trust firm with offices including Los Angeles, San Diego and San Francisco. Tampa Bay reporting on the July 2025 Clearwater purchase placed the buying REVA entity in Glen Allen, Virginia.1 Sources disagree on whether this offering is still open, so an exchanger on a 45-day clock would confirm availability with the sponsor directly.
- Sponsor
- REVA Properties
- Legal Trust name
- REVA 2650 McCormick DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 1 active / 4 total offerings from REVA Properties
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The lone notice was submitted as a new offering and disclosed $700,000 in sales commissions; it has never been amended, so nothing in the SEC file reflects the 2026 lease renewal. Rule 506(c) lets a sponsor advertise an offering publicly but limits sales to accredited investors — those meeting SEC income or net-worth tests — whose status must be verified.
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
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.
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.
Common questions
Is AmeriLife Place II still raising money?
Top1031 lists AmeriLife Place II as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
Where does Top1031 get the data for AmeriLife Place II?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Who is the tenant, and how long does the lease run?
AmeriLife, an insurance marketing company, is the sole occupant of the Clearwater building. Top1031 pipeline data describes an 11-year full-service lease running to 2033. In a full-service lease the landlord pays operating expenses out of the rent, so property-level costs sit with ownership — the opposite of a triple-net lease, where the tenant covers taxes, insurance and maintenance. The lease start date and renewal options are set out in the Private Placement Memorandum, the offering's governing disclosure document.
Has anything changed with the tenant since the offering was filed?
Yes. CoStar reported on August 19, 2026 that AmeriLife renewed its lease at AmeriLife Place II and now leases nearly 120,000 square feet at the Clearwater office campus. The article does not break out how much of that space sits inside the 2650 McCormick building, and it does not state a new expiration date, rent or other economics. No amended SEC filing reflects the renewal, so revised terms would be confirmed in the PPM or with the sponsor.
Is this Trust still accepting investors?
The record is contested. Top1031 pipeline data classifies the offering as fully subscribed — shown as closed to new investors — while the Top1031 sponsor record for REVA Properties currently labels it as raising. Neither label comes from an amended SEC filing: the single Form D filed November 4, 2025 is a launch snapshot and has never been amended, so it is not a current 2026 measurement of subscription status. Anyone mid-exchange should confirm availability with the sponsor or a registered representative before naming this Trust on a 45-day identification list.
Does the Trust carry mortgage debt?
Top1031 data classifies the Trust as all cash, meaning no mortgage financing at the property level. No loan documents, lender name or recorded mortgage for the Clearwater property were located in the public records reviewed, so the absence of debt is a data classification rather than a confirmed recorded fact. An exchanger who must replace debt from a relinquished property would confirm the capital structure in the PPM.
Who actually owns the building?
The reviewed record does not settle it. St. Pete Catalyst reported on July 31, 2025 that REVA — a Glen Allen, Virginia firm — closed on July 23, 2025 on a $16 million purchase of both 2600 and 2650 McCormick Drive, naming REVA rather than REVA 2650 McCormick DST as the buyer. Nothing reviewed proves the Trust holds fee title to 2650, or whether 2600 is part of this Trust at all. Title and the property schedule are described in the PPM.
Is there a 721/UPREIT exit, and what is the minimum investment?
Top1031 data records no 721 exchange or UPREIT feature — that is, no stated path to convert beneficial interests into operating partnership units of a REIT at the end of the hold. Without one, an exit depends on a sale of the property or of the Trust's interests. The Form D filed November 4, 2025 reports a minimum investment of $50,000.
Chapter 9S2K/Miller Fully Subscribes $23 Million Charlotte Land DST OfferingS2K Financial and Miller Global said their unlevered S2K/Miller CLT DST, which holds a 4.8-acre NoDa land parcel, closed to new investment after fully subscribing its $23 million offering. AmeriLife Marketing Group Celebrates Three Team Members Named to Insurance Business America's 2026 Rising Stars ListAmeriLife, the sole tenant of the Clearwater, FL headquarters building underlying the REVA 2650 McCormick DST, issued a corporate press release recognizing three team members on Insurance Business America's 2026 Rising Stars list. Places This Week: Tierra Verde home lists for $8 millionTampa Bay local-news weekly real estate roundup reporting that REVA (Glen Allen, VA) closed on July 23, 2025 on the $16 million purchase of both 2600 and 2650 McCormick Drive, Clearwater, FL — the two-building AmeriLife (and MarineMax) headquarters campus that REVA Kay subsequently placed into the 2650 McCormick DST.