Data

Blue Owl Real Estate Exchange VI DST is 27.3% sold, and its raise pace cannot yet be measured

Blue Owl's five earlier Delaware Statutory Trust (DST) raises ran far slower to both milestones than the market medians, the frame this raise will eventually be measured against.

Published Updated

Blue Owl Real Estate Exchange VI DST recorded its first sale on May 21, 2026. Every Form D filed since has reported more equity and more investors against a ceiling the sponsor has not amended down.

Filing

Amount sold

Investors

Share of ceiling

Form D, June 4, 2026

$4,803,027

4

1.4%

Amendment, June 17, 2026

$14,394,466

10

4.2%

Amendment, July 1, 2026

$16,824,302

15

4.9%

Amendment, July 14, 2026

$37,948,396

30

11.1%

Amendment, July 30, 2026

$42,109,784

40

12.3%

Amendment, August 14, 2026

$93,760,476

80

27.3%

Each Form D states amount sold as of its own file date, so the figure can lag subscriptions already in hand.

Raise velocity is Top1031's own measure, computed from those filing dates: the days from an offering's first reported sale to the amendment showing half the ceiling sold, and again at 90%. Neither line has been crossed here. A pace figure produced anyway would be arithmetic rather than record.

The comparison is already built and waiting for it. Blue Owl's five earlier programs reached half of ceiling at a median 92 days from first sale, and 90% at a median 147 days. Across 2,927 programs, the market medians are 21 days and 20 days. The sponsor's own history runs well behind the market on both counts, and that history is the first standard this raise gets held to.

What the Form D does not carry is the asset. It classifies the offering as Other Real Estate and names no property, no lease, no debt. Distribution terms are stated in the PPM. The exemption claimed is 506(b), and the minimum investment is $250,000.

The next amendment is the one that matters for this metric. If it carries the halfway mark, its date fixes days-to-50 and the comparison above stops being hypothetical. Until then the record shows equity arriving on a schedule the filings date, and demand at that pace speaks to neither the property's performance nor the eventual result for investors.