Data

Blue Door Property I, DST reports its offering sold to 54 investors

Top1031's pace measure puts the Delaware Statutory Trust (DST) at 716 days from its first reported sale to half the ceiling set in its original filing.

Published Updated

Blue Door Property I, DST reported its offering sold to 54 investors in a Form D amendment filed October 30, 2026. First sale was November 13, 2024, and the amendment sets the offering amount at the same figure it reports sold. That amount is below the ceiling in the original Form D of September 27, 2024.

Field

Detail

Trust

Blue Door Property I, DST

Sponsor

Blue Door AM I

Asset class

Other Real Estate

Exemption

506(b)

Minimum investment

$25,000

Original offering amount

$29,750,000

Amended offering amount

$24,119,781

Amount sold, as filed

$24,119,781

First sale date

November 13, 2024

Latest Form D amendment

October 30, 2026

Days to half the ceiling, per Top1031

716

Completion ratio against the original offering amount, per Top1031

81.1%

Trust

Blue Door Property I, DST

Sponsor

Blue Door AM I

Asset class

Other Real Estate

Exemption

506(b)

Minimum investment

$25,000

Original offering amount

$29,750,000

Amended offering amount

$24,119,781

Amount sold, as filed

$24,119,781

First sale date

November 13, 2024

Latest Form D amendment

October 30, 2026

Days to half the ceiling, per Top1031

716

Completion ratio against the original offering amount, per Top1031

81.1%

Across 880 likely 1031 DST programs, the median run from first sale to half the ceiling is 112 days, and the median to 90% of it is 182 days. Blue Door Property I, DST crossed the halfway mark long after the typical program in that group. The filings do not show when 90% of the original ceiling was sold. No earlier Blue Door AM I program appears in that cohort, so the market median is the only pace benchmark available here.

The amendment reports the offering 100% complete against the amended amount. The reduction in the offering amount is itself a reported fact. The record does not show why it was made. Pace describes how quickly equity was committed, not what the property earns or returns.

Sources: Form D, September 27, 2024; Form D amendment, October 30, 2026.

Raise velocity is Top1031's pace measure, computed from the dates and dollar amounts in an offering's own Form D filings: the days from the first reported sale to the points at which the filings show 50% and 90% of the ceiling sold, with the completion ratio measured against the original ceiling. Where the filings do not record the date of a crossing, the measure is censored and no figure is given. Amount sold is as the filing reports it and may lag. Benchmarks cover 880 likely 1031 DST programs as of October 31, 2026, and exclude Form D programs outside that cohort.

Where to go next