The raise for the Griffin Capital (Union - Kansas City, MO) DST is on the record in its Form D amendments, enough to see the pace rather than infer it. The Delaware Statutory Trust (DST) reported its first sale on January 8, 2026, and every filing since states the amount sold against a ceiling that has not moved. The record below runs through the July 30, 2026 amendment and no further.
Raise velocity is Top1031's own measure, computed from those filing dates. It counts the days from the first reported sale to the filing that shows the amount sold crossing half the ceiling, and then 90% of it. Half is on the record here. The 90% mark is not, so the measure is censored: the last amendment on file stops short of it, and close to the mark is not the mark. What the measure captures is how fast the equity moved. It does not speak to the property, the terms, or the eventual result for investors.
Days from first sale to first filing reporting | This offering |
|---|---|
50% of ceiling | 104 |
90% of ceiling | not yet recorded |
50% of ceiling
104
90% of ceiling
not yet recorded
The amendment record itself:
Filing | Amount sold | Investors | % of ceiling |
|---|---|---|---|
$1,079,906 | 3 | 1.8 | |
$10,794,380 | 16 | 18 | |
$16,141,528 | 26 | 27 | |
$23,306,067 | 41 | 38.9 | |
$25,567,570 | 47 | 42.7 | |
$32,513,269 | 63 | 54.3 | |
$35,319,582 | 75 | 59 | |
$36,705,267 | 81 | 61.3 | |
$37,704,048 | 86 | 63 | |
$42,206,826 | 101 | 70.5 | |
$44,410,575 | 109 | 74.2 | |
$48,470,255 | 122 | 81 | |
$51,360,340 | 133 | 85.8 |
Amount sold
$1,079,906
Investors
3
% of ceiling
1.8
Amount sold
$10,794,380
Investors
16
% of ceiling
18
Amount sold
$16,141,528
Investors
26
% of ceiling
27
Amount sold
$23,306,067
Investors
41
% of ceiling
38.9
Amount sold
$25,567,570
Investors
47
% of ceiling
42.7
Amount sold
$32,513,269
Investors
63
% of ceiling
54.3
Amount sold
$35,319,582
Investors
75
% of ceiling
59
Amount sold
$36,705,267
Investors
81
% of ceiling
61.3
Amount sold
$37,704,048
Investors
86
% of ceiling
63
Amount sold
$42,206,826
Investors
101
% of ceiling
70.5
Amount sold
$44,410,575
Investors
109
% of ceiling
74.2
Amount sold
$48,470,255
Investors
122
% of ceiling
81
Amount sold
$51,360,340
Investors
133
% of ceiling
85.8
Set against that detail, the Form D says nothing about what the money is buying. The industry line reads "Other Real Estate." The property name and the city come from the marketing title, not from the filing. There is no tenant, no occupancy, no debt figure and no distribution terms anywhere in the public record. The offering documents are not public. The offering is a 506(c) with a $25,000 minimum.
The ceiling has not moved. It reads the same in the first filing and the most recent, and no amendment has revised it upward or cut it.
What is left is the closing slice, and the next amendment is where it either lands or does not. If the reported total crosses 90%, the second row of the table above gets a date. If the figure sits, that is information too, with one caveat attached: amount sold is as the filing reports it, and the filing can trail the selling desk.