PG Cape Canaveral DST
Other property in Cape Canaveral, FL — sponsor not disclosed
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
PG Cape Canaveral DST is a Delaware statutory trust — a structure that lets 1031 exchangers hold fractional real estate passively — sponsored by Peachtree Hotel Group II, LLC.1 It holds the 150-room Holiday Inn Express Cape Canaveral in Florida, which CRE News reported Peachtree Group buying for $40 million.2 The Trust is raising equity from accredited investors, meaning buyers who meet SEC income or net-worth tests.
Property details are not confirmed yet. The SEC filings below are the current public record.
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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?
The hotel opened at 995 Shorewood Drive with 150 rooms including 36 suites, welcoming its first guest on October 12, 2023.3 Peachtree Group describes it as a recently developed property sitting directly across from Port Canaveral.4 CRE News reported the purchase at $40 million, or $266,667 per room, closing August 7, 2026.2 Orlando Business Journal, citing a Brevard County deed, dates the sale July 30 and names the Trust as buyer.5
- Reported location
- Cape Canaveral, FL
Who is the tenant, and what's the lease?
A hotel earns nightly room revenue rather than contractual rent, so there is no tenant in the net-lease sense; the building flies the Holiday Inn Express flag.3 Hotel trusts commonly interpose a master lease to keep the trust passive, but the public record reviewed names no master lessee, franchisee, or operator.
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.
Raise history appears here once sales are filed — free account required.
How is it financed, and what does it pay?
A Form D discloses the securities being offered, not the loan behind the property, and no lender, loan amount, or maturity appears in the public records reviewed. That leaves the PPM — the private placement memorandum given to prospective investors — as the document that settles how the hotel is capitalized.
Who's behind it?
The Form D names Peachtree Hotel Group II, LLC as sponsor and an executive officer of the issuer, based at 3500 Lenox Road NE in Atlanta.1 Peachtree Group announced on August 19, 2026 that this Trust and an industrial offering carried its DST platform to approximately $525 million across 15 offerings.4 Top1031's tracked filing data shows no other 1031 offering under this sponsor name.
- Sponsor
- Sponsor not disclosedThe filing does not identify a sponsor we can confirm.
- Legal Trust name
- PG Cape Canaveral DST
- May convert to a REIT
- Not stated
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The original notice stands alone with no amendment on record, so the terms filed at launch are the ones in force.1 It reports a $100,000 minimum investment and estimates $3,300,212 of gross proceeds for fees and expenses that may accrue to related persons.1 Estimated sales commissions are $2,892,300.
- 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 PG Cape Canaveral DST still raising money?
Top1031 lists PG Cape Canaveral 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 PG Cape Canaveral 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 is behind this Trust?
The Holiday Inn Express Cape Canaveral at 995 Shorewood Drive, Cape Canaveral, Florida — a 150-room hotel, 36 of them suites, that welcomed its first guest on October 12, 2023. CRE News reported Peachtree Group buying it for $40 million, or $266,667 per room, and Orlando Business Journal identified PG Cape Canaveral DST as the purchasing entity.
How is a hotel DST different from a net-lease DST?
A net-lease DST collects contractual rent from one tenant under a long lease. A hotel is an operating business: revenue comes from nightly room sales and moves with travel demand, seasonality, and local events. Hotel DSTs commonly use a master lease so the trust itself stays passive, but no master lease, operator, or franchisee is identified for this Trust in the public record reviewed.
Who is the sponsor, and how large is its 1031 platform?
The Form D names Peachtree Hotel Group II, LLC, an Atlanta-based entity, as sponsor of the issuer. Peachtree Group announced on August 19, 2026 that this hotel Trust and an industrial acquisition brought its DST platform to approximately $525 million across 15 offerings. Trade coverage of the Cape Canaveral hotel sale identifies Peachtree Group as the buyer.
Does the Trust use mortgage debt?
The public record does not say. A Form D discloses the securities being sold, not the loan behind the property, and no lender, loan amount, or maturity appears in the filings or trade reports reviewed. The private placement memorandum is the document that settles whether the hotel carries debt and on what terms.
When did the sale close, and who sold the hotel?
Both are unresolved in the public record. CRE News reported an August 7, 2026 closing at $40 million; Orlando Business Journal, citing a deed posted to the Brevard County Clerk of Court, puts the sale on July 30, 2026. No reviewed source establishes the seller with confidence. Seller identity and the chain of title are questions for the sponsor's offering materials.
What does the Rule 506(c) exemption mean for me as a buyer?
Rule 506(c) lets an issuer advertise a private placement publicly. In exchange, every purchaser must be an accredited investor — meeting SEC income or net-worth tests — whose status the issuer verifies, typically through tax documents, brokerage statements, or a letter from a CPA or attorney rather than a self-certification checkbox. The Form D reports a $100,000 minimum investment.