Top1031

NLC Florida Healthcare Sciences DST

Other property — sponsor not disclosed

Minimum investment
$150k
Offering size
$97.0M
How much has sold
None sold yet
Asset type
Other property
Location
Not stated
Financing
Leveraged. This offering reports mortgage debt on the property.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

NLC Florida Healthcare Sciences DST is a Delaware statutory trust — a structure that lets a 1031 exchanger hold a fractional real estate interest treated as replacement property. It filed a Form D notice on August 25, 2026, offered privately under Rule 506(b) to accredited investors who meet SEC income or net-worth tests, with a $150,000 minimum.1 The public record does not yet identify the property or tenant.

Property details are not confirmed yet. The SEC filings below are the current public record.

Show sources (1)Hide sources (1)

These links support the public record as a whole; individual details may come from different sources.

Location not on recordThe SEC filings for this offering do not give a property address. The filing history below is the current public record.

On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.

Chapter 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.

How we work out how much has sold

We divide the amount the sponsor reports sold by the offering size in its latest SEC filing, filed Aug 25, 2026.

  • The sponsor reports these amounts itself, and can amend them later.
  • A filing can be behind what has actually sold. It does not confirm that interests are still available.
  • The amount left to sell is the offering size minus the amount sold.

Raise history appears here once sales are filed — free account required.

Chapter 4

What does the paperwork say?

A Form D is a brief notice of an exempt securities offering; it does not require the issuer to describe its real estate, which is why no property, tenant, or debt appears here. The notice states that the first sale had yet to occur and that the offering is intended to last more than one year.1

  1. Form D filedFirst and latest filing on record.
Filings on record
1
How it may be offered
Rule 506(b)Not advertised publicly. Offered through existing relationships.
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.

Chapter 5

Common questions

Is NLC Florida Healthcare Sciences DST still raising money?

Top1031 lists NLC Florida Healthcare Sciences DST 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 NLC Florida Healthcare Sciences DST?

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.

What property does this Trust own?

The public record does not say. The only filing located for this Trust is a Form D, a short notice of an exempt securities offering that does not require the issuer to describe its real estate — so no address, building, square footage, or purchase price has been established. Those details would appear in the private placement memorandum (PPM), the sponsor's full offering document.

Does the name mean this is a Florida healthcare building?

The legal name is NLC Florida Healthcare Sciences DST, but nothing in the SEC record identifies a property state, city, asset type, or tenant. A trust name is not disclosure, and Top1031 does not populate property fields from it.

What is the minimum investment?

The Form D filed August 25, 2026 states a minimum investment of $150,000 from an outside investor. Any other economics — unit pricing, fees, or mortgage debt — would be set out in the PPM rather than in the SEC notice.

How is this Trust offered, and who can invest?

It is offered under Rule 506(b) of Regulation D, a private-placement exemption that bars general advertising and limits sales to accredited investors, meaning those who meet SEC income or net-worth tests. In practice, 506(b) offerings reach investors through a pre-existing relationship with the sponsor or a broker-dealer.

Who is behind the Trust?

The Form D names Douglas F. Blough and Bruce S. MacDonald as executive officers, with MacDonald signing the notice as Manager on August 25, 2026. The filing does not otherwise describe the program or management platform standing behind the Trust.

Is there a 721/UPREIT exit?

Not stated. A 721 or UPREIT exit is where DST investors contribute their interest to a REIT's operating partnership in exchange for partnership units instead of taking cash at sale. Nothing in this Trust's record addresses that path or any conversion to a REIT.