SSM Health Medical Office & Training Facility
Medical office property in Fenton, MO · sponsored by Syndicated Equities
SSM Health Medical Office & Training Facility was a DST sponsored by Syndicated Equities that owned a medical office property in Fenton, MO (55,000 square feet). Its last Form D was filed May 5, 2022.
How it ended
No outcome recorded · under 7 years
The record lists the offering as fully subscribed; the last Form D was filed May 5, 2022.
Key facts
- Minimum investment
- $5,000From the Form D
- Offering size
- $6,560,000Equity offered, per the Form D
- Sold
- 73.6%Form D, May 5, 2022; the % is our arithmetic
- Investors reported
- Form D, May 5, 202234
- Selling commissions
- Form D Item 15; the % is our arithmetic$0 · 0.0% of offering
- 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(b)General advertising and solicitation are not permitted under this exemption.
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: SSM Health Medical Office & Training Facility. Top1031 is not a broker-dealer.What did the Trust own?
The two-story building was constructed in 2006 and significantly renovated and converted to medical office use in 2018, according to Syndicated Equities. 2 The sponsor lists uses including primary care, pediatrics, behavioral health, internal medicine, lab work, X-ray, an express clinic, and a training center. 2 REBusinessOnline reported the 2022 purchase price at $14.4 million. 3 No exact street address has been publicly tied to the Trust; the sponsor identifies only Fenton, Missouri.
- Reported location
- Fenton, MO
- Property size
- 55,000 square feet
Tenant and lease terms are not in the SEC filings or cited sources.
How was it financed, and what did it cost to sell?
The purchase was partly funded with a loan from Huntington National Bank, according to REBusinessOnline, which did not report the loan amount or terms. 3 Debt at the property level means this is a leveraged Trust rather than an all-cash one, a distinction that matters to exchangers replacing mortgage debt.
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
- $0 · 0.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $918,400 · 14.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- None named in the Form D
- Date of first sale
- Apr 8, 2022
- Minimum investment
- $5,000
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.
Who's behind the Trust?
Syndicated Equities acquired the Fenton property in 2022 and holds it through this Delaware Statutory Trust. 2 The Form D names SE STL MOB (FENTON) SPONSOR, LLC as sponsor of the issuer — a single-purpose entity formed for this deal, a normal structure in DST syndication. 1 No later SEC filing or reported property event for this Trust appears on the public record as of August 19, 2026.
- Sponsor
- Offerings on record
What does the SEC record show?
The Form D reports a first sale on April 8, 2022, in equity securities sold under Rule 506(b) — a private placement with no general advertising, offered to accredited investors already known to the sponsor. 1 The sponsor's Fall 2022 newsletter labeled the Fenton offering "CLOSED 5/5/22."
- Legal Trust name
- SE STL MOB (FENTON), DST
- SEC CIK
- 1923674
- First Form D
- May 5, 2022
- Latest Form D
- May 5, 2022
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $6,560,000 | $4,830,689 | 34 | 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 SSM Health Medical Office & Training Facility?
- SSM Health Medical Office & Training Facility is a Historical offering. The record lists the offering as fully subscribed; the last Form D was filed May 5, 2022.
- Where exactly is the property?
- Syndicated Equities identifies only Fenton, Missouri, a suburb of St. Louis. No exact street address has been publicly tied to this Trust in SEC filings, sponsor material, or press coverage, and Top1031 does not infer one from third-party directory listings.
- Who is the tenant, and how much of the building do they occupy?
- SSM Health Care. REBusinessOnline reported in June 2022 that the two-story medical office and training facility was fully leased to SSM Health Care at the time Syndicated Equities acquired it. The sponsor describes uses spanning primary care, pediatrics, behavioral health, internal medicine, lab, X-ray, an express clinic, and a training center.
- Is there a mortgage on the property?
- Yes, at least in part. REBusinessOnline reported that the 2022 acquisition was partially funded with a loan from Huntington National Bank. The loan amount, interest rate, maturity, and loan-to-value were not reported publicly; those terms would be described in the Trust's offering documents.
- Is a 721/UPREIT exit possible here?
- Nothing in the public record says so. A 721 or UPREIT exit is a structure in which the Trust's property is contributed to a REIT's operating partnership in exchange for units. This Trust's data shows no stated REIT conversion path; the exit strategy would be set out in the offering documents.
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.