On February 2, 2026, IHC - Candle Light Cove DST became a Chapter 11 debtor in its own name. Case materials posted by Epiq carry that petition date and identify the Trust itself, not only its sponsor, as a debtor. Inspired Healthcare Capital announced a strategic restructuring. Nothing in the record states a cause specific to this Trust or its property.
Epiq's case information page lists an auction for August 7 and a sale hearing for August 18. The auction date has passed. As of August 12, 2026, the record shows no sale order and no closing.
One number does circulate. A Bondoro case summary lists a $20.25 million proposed price under an asset purchase agreement, unaccompanied by any order approving a sale. No total return, annualized return or equity multiple has been reported for the Trust, and Top1031 carries no disposition value where the docket shows none.
The offering as filed | |
|---|---|
Trust | IHC - Candle Light Cove DST |
Sponsor | Inspired Healthcare Capital |
Asset class as filed | Other Real Estate |
Exemption | 506(b) |
Maximum offering amount | $32,748,352 |
Minimum investment | $50,000 |
July 23, 2021 | |
Disposition type on record | Distressed outcome |
Measured from that first Form D to the petition date, Top1031 places the span at 4.5 years; the filings state no hold for this Trust. What the record establishes is a Trust that is a debtor inside its sponsor's case and a sale process the docket has not resolved. The eventual result for investors is not documented in the public record as it now stands.