Ivy Walk

Retail property in Smyrna, GA

Ivy Walk is a DST that owns a retail property in Smyrna, GA. Its latest Form D, filed Oct 14, 2026, lists a $13.3 million offering with a $25,000 minimum.

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$13,348,000
Equity offered, per the Form D
Sold so far
None reported as of Oct 14, 2026
Form D, Oct 14, 2026
Selling commissions
$1,201,320 · 9.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries 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 →

Sales so far

Latest Form D
Oct 14, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice Oct 14, 2026.

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Ask a 1031 specialist about this recordFree. About: Ivy Walk. Top1031 is not a broker-dealer.

No photo on record. Smyrna, GA · no mappable address in the filings.

What does Ivy Walk own?

Ivy Walk is a 42,499 square foot open-air retail center in Smyrna, Georgia, northwest of Atlanta, which SouthCoast reported as roughly 91% occupied. 1 Shopping Center Business reported that South Coast Commercial bought the center for $18.5 million in August 2022. 3 The Trust's proposed seller is South Coast Group LLC, an affiliated evergreen income fund, at a reported $19.85 million. 1

Reported location
Smyrna, GA

Tenant and lease terms are not in the SEC filings or cited sources.

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

The purchase is to be funded partly with debt. SouthCoast told AltsWire the acquisition financing is a $9.225 million loan with a seven-year term. 1 The remainder comes from investor equity, so this is not an all-cash deal.

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$1,201,320 · 9.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,979,985 · 14.8% of offering
Form D Item 16
· The filing’s note: “SCIW Depositor, LLC will be responsible for paying certain fees and costs of approximately $1,979,985.”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms
  • Preferred Capital Securities, LLC · CRD 169719

Individual representatives named in Item 12 are not listed.

Date of first sale
Not in the Form D
Minimum investment
$25,000

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?

The exemption used permits public advertising, but only accredited investors, those meeting SEC income or net worth tests, may buy.

Legal Trust name
South Coast Ivy Walk DST
SEC CIK
2155092
First Form D
Oct 14, 2026
Latest Form D
Oct 14, 2026
Filings on record
1
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 Ivy Walk, newest first
FiledFormOffering amountAmount soldFiling on SEC EDGAR
Form D$13,348,000
$0
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

Is Ivy Walk an active offering?
Ivy Walk is an Active offering: its latest Form D was filed Oct 14, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
What property does South Coast Ivy Walk DST own?
The Trust was formed to hold Ivy Walk, a 42,499 square foot open-air retail center in Smyrna, Georgia, northwest of Atlanta. AltsWire reported the purchase price at $19.85 million, with the property roughly 91% occupied as reported by SouthCoast.
Who are the tenants at Ivy Walk?
AltsWire reported tenants including South City Kitchen, Muss & Turner's, First Watch, F45 Training, Children's Healthcare of Atlanta and The Wine Shop. Most leases were reported as triple-net, meaning the tenant pays property taxes, insurance and upkeep, with a weighted-average remaining lease term of about three years.
How is the purchase financed?
SouthCoast told AltsWire that acquisition financing consists of a $9.225 million loan with a seven-year term. The rest of the capital comes from investor equity, so the deal carries a mortgage rather than being all-cash.
Who is behind the offering?
The Form D filed with the SEC names SCIW Depositor, LLC as a promoter of the Trust, which was organized in Delaware in 2026. AltsWire reported that this is SouthCoast's inaugural Delaware statutory trust offering.
Is the seller related to the sponsor?
Yes. AltsWire reported that the proposed seller to the Trust is South Coast Group LLC, described as SouthCoast's flagship evergreen income fund, so an affiliate of the sponsor sits on the other side of the sale.
What is the ownership history of the center?
Shopping Center Business reported in August 2022 that South Coast Commercial acquired the same 42,499 square foot Ivy Walk center in Smyrna for $18.5 million. That was a prior property transaction, separate from the Trust's proposed purchase.

In the news

Sources

Show sources (3)Hide sources (3)

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

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.