Blue Owl Real Estate Exchange VI DST recorded its first sale on May 21, 2026. The newest Form D amendment, filed September 11, 2026, sets the raise against a ceiling of $342.91 million and leaves it short of half that figure - the point where the first pace milestone sits.
Raise velocity is a pace metric Top1031 computes from the Form D amendment dates themselves: the days from first sale to the amendment that first reports half the ceiling sold, and again to 90%. Blue Owl Real Estate Exchange VI has neither figure. Its measurement is censored, which is a statement about the calendar, not a judgment about the raise.
Filing | Amount sold | % of ceiling | Investors |
|---|---|---|---|
June 4, 2026 (original) | $4,803,027 | 1.4% | 4 |
June 17, 2026 | $14,394,466 | 4.2% | 10 |
July 1, 2026 | $16,824,302 | 4.9% | 15 |
July 14, 2026 | $37,948,396 | 11.1% | 30 |
July 30, 2026 | $42,109,784 | 12.3% | 40 |
August 14, 2026 | $93,760,476 | 27.3% | 80 |
August 28, 2026 | $119,546,056 | 34.9% | 116 |
September 11, 2026 | $158,153,647 | 46.1% | 155 |
The shape is the story. The original filing and the amendment that followed it in June left the raise barely off the floor; the filings from midsummer on moved it in much larger steps. A reader looking at that original low single-digit share would have learned almost nothing about where the book would sit in September.
The markers Top1031 sets beside that path come from two sources. The five programs behind Blue Owl's sponsor median reached half their ceilings at a median of 92 days from first sale, and 90% at a median of 147 days. The market benchmark, drawn from 4,177 programs, reports a median of 15 days to half and 15 days to 90% - a pair that does not separate the two milestones at all, and nothing in the benchmark explains why. Treat it as a rough marker rather than a yardstick. The sponsor's own history is the closer comparison, and against it the calendar does the talking: first sale in May, half the ceiling still ahead on September 11.
The offering takes subscriptions at a $250,000 minimum under Rule 506(b). No amendment revised the offering amount downward; the ceiling in the newest filing is the one the original carried. And the filings classify the offering only as Other Real Estate. No property, no address, no market appears anywhere in this record.
The next amendment carries the number that matters. If it takes the raise past half the ceiling, the offering gets its first velocity figure, and the comparison with the five programs behind the sponsor median stops being a matter of dates and becomes a matter of days. Even then, a subscribed raise is subscribed - the pace measures the selling, not the real estate.