AX Big Industrial Portfolio I DST, an industrial DST sponsored by Apollo, filed an initial Form D on November 4, 2026. AltsWire reported a September 2026 launch and a nearly $102.2 million raise target; the filing reports no investors and no amount sold.
Field | Value |
|---|---|
Trust | AX Big Industrial Portfolio I DST |
Sponsor | Apollo |
Property | not stated |
Asset type | Industrial |
Location | not stated |
Offering amount (maximum) | not stated |
Minimum investment | $0 |
Amount sold (as of November 4, 2026) | $0 |
Investors | 0 |
Exemption | Rule 506(b) |
Sales commissions | $0, estimated; the filing notes sales compensation can be up to $5.1 million as set out in the private offering documents |
Recipients of sales compensation | Arvest Wealth Management; Concorde Investment Services, LLC; FNEX Capital, LLC; Nationwide Planning Associates Inc.; Realized Financial, Inc.; Realta Equities, Inc.; Wealthforge Securities, LLC |
Date of first sale | Yet to occur |
Form D filed | November 4, 2026 |
Trust
AX Big Industrial Portfolio I DST
Sponsor
Apollo
Property
not stated
Asset type
Industrial
Location
not stated
Offering amount (maximum)
not stated
Minimum investment
$0
Amount sold (as of November 4, 2026)
$0
Investors
0
Exemption
Rule 506(b)
Sales commissions
$0, estimated; the filing notes sales compensation can be up to $5.1 million as set out in the private offering documents
Recipients of sales compensation
Arvest Wealth Management; Concorde Investment Services, LLC; FNEX Capital, LLC; Nationwide Planning Associates Inc.; Realized Financial, Inc.; Realta Equities, Inc.; Wealthforge Securities, LLC
Date of first sale
Yet to occur
Form D filed
November 4, 2026
Apollo has 4 programs on record. Its other active offering is AX Diversified Retail Portfolio, DST, a retail DST whose Form D/A, filed November 2, 2026, reports part of its offering sold.
The AltsWire report named Apollo Real Estate Exchange as the sponsor behind the launch. Neither that report nor the Form D names a property, a city, a tenant or a purchase price. The filing declines to disclose the offering amount, so the raise figure rests on the trade report alone.
The Form D names Dean Allara, Garrett Behling, Jonathan Slager, Matt Tucker and Brandon Flickinger as executive officers. The offering relies on Rule 506(b), under which general solicitation and advertising are prohibited. A Form D is a notice of an exempt offering, not an SEC approval or a review of the offering's merits.
Sources: Form D, AX Big Industrial Portfolio I DST, filed November 4, 2026; SEC filing index, November 4, 2026; AltsWire, October 6, 2026; AX Diversified Retail Portfolio, DST Form D/A, filed November 2, 2026.
Offering amounts are maximums from the Form D, not capital raised; amounts sold are as of the filing date. How we report filings.