Blue Owl Real Estate Exchange VI DST, sponsored by Blue Owl, recorded its first sale on May 21, 2026. Its most recent amendment, filed September 25, 2026, reports 187 investors.
Raise velocity, as Top1031 computes it from the Form D amendment dates, is the count of days from the first sale to the date an amendment first reports 50% of the ceiling sold, and again at 90%. Neither count exists in this record: both are null as of September 25, 2026. The completion figure carried alongside them, 46.1%, is the reading from the September 11 amendment, one filing behind the latest. A censored clock is not a slow clock or a fast one. It is a clock still running.
Two benchmarks are waiting for it. Blue Owl's own prior offerings reached half in a median of 92 days and 90% in a median of 147 days, drawn from 5 programs, a base thin enough that a single deal moves the middle. The market figure, drawn from 4,591 programs, is 15 days to half and 15 days to 90%, the same number at both milestones, which leaves it silent on the climb between them. Both are filing-level medians as of September 25, 2026, counting filings, amendments included, rather than unique Trusts, and neither comparison can be made for this Trust until the amendment record produces the days.
Term | As filed |
|---|---|
Offering amount | $342,909,896 |
Minimum investment | $250,000 |
Filing date | Type | Amount sold | % of offering amount | Investors |
|---|---|---|---|---|
June 4, 2026 | Form D | $4,803,027 | 1.4% | 4 |
June 17, 2026 | Amendment | $14,394,466 | 4.2% | 10 |
July 1, 2026 | Amendment | $16,824,302 | 4.9% | 15 |
July 14, 2026 | Amendment | $37,948,396 | 11.1% | 30 |
July 30, 2026 | Amendment | $42,109,784 | 12.3% | 40 |
August 14, 2026 | Amendment | $93,760,476 | 27.3% | 80 |
August 28, 2026 | Amendment | $119,546,056 | 34.9% | 116 |
September 11, 2026 | Amendment | $158,153,647 | 46.1% | 155 |
September 25, 2026 | Amendment | $216,074,480 | 63% | 187 |
The climb was not smooth. The filings from June 4 through July 1 each reported completion in single digits; every filing from mid-July on carried a materially larger total than the one before it. Amount sold is what the filing states on the day it is filed, and a Form D can lag the book it describes.
No amendment revised the offering amount downward. The figure filed at the outset is the figure the September filing still carries, which matters because a sponsor cutting a ceiling it once set is itself a reported event, and none is in this record.
The offering is made under Rule 506(b). The Form D series carries no property, no location, no tenant, no hold period and no distribution terms, and Top1031 records the asset class as Other Real Estate. No outside coverage of this raise is in evidence for this report.
The next amendment is where the metric moves: a day count fixed to a milestone, or another total with the clock still open. Either way the file shows demand, which is not merit and not a result. A raise that fills is subscribed, and the eventual result for investors is not something a Form D addresses.