Correction (October 4, 2026): an earlier version used a market or sponsor median without establishing a DST-only comparison population. This version uses likely 1031 DST issuers.
Inland Long Island Residential DST recorded its first sale on February 23, 2026, and by the September 2, 2026 amendment it had still not crossed half its ceiling. Inland Private Capital's prior record covers 121 programs in the likely 1031 DST cohort, and across those programs the median one reached half its ceiling in 112 days and 90% of it in 159.
So Top1031 has no velocity figure for the Trust. Raise velocity is a pace metric computed from an offering's own Form D amendment dates: the days from first sale to half the ceiling, and the days to 90% of it. Neither clock has stopped here. The record is censored, which is a different thing from slow, and the distinction is worth holding onto, because the only honest reading of a half-finished raise is that it is half finished.
The market the Trust is raising into is not quicker off the line. Across 864 likely 1031 DST programs, the median crossed half in 107 days and 90% in 181. Inland Private Capital's own history runs a touch behind that market median to the midpoint and well ahead of it at the far end, where raises usually grind.
The amendment path below is the record as filed; one accession in the sequence, -000003, is absent from it.
Filing date | Amount sold | % of ceiling | Investors |
|---|---|---|---|
March 9, 2026 | $1,312,500 | 1.2 | 2 |
March 20, 2026 | $1,597,661 | 1.5 | 5 |
April 1, 2026 | $10,623,955 | 9.9 | 14 |
April 15, 2026 | $13,334,602 | 12.4 | 20 |
May 12, 2026 | $16,609,596 | 15.4 | 30 |
May 21, 2026 | $17,992,773 | 16.7 | 35 |
June 4, 2026 | $18,620,273 | 17.3 | 37 |
June 17, 2026 | $22,154,888 | 20.6 | 46 |
July 8, 2026 | $27,917,873 | 26.0 | 61 |
July 29, 2026 | $32,903,980 | 30.6 | 73 |
August 21, 2026 | $44,599,678 | 41.5 | 107 |
September 2, 2026 | $46,593,740 | 43.3 | 114 |
The shape of that path is the story, not its endpoint. The raise crawled through the spring in small increments and did the heavier part of its work after June. The ceiling itself never moved: no amendment cut the offering amount, which is its own small piece of information in a market where sponsors sometimes trim a target they set at launch.
What none of this measures is the deal. Demand is demand. It reflects the selling group, the timing of other people's closings, the supply of replacement property on offer in any given month, and it says nothing about the building, the debt, or the eventual result for investors. The Form D carries no performance figures and does not identify the property beyond the Trust's name; the filing classes the asset as Other Real Estate, while the name points to Long Island residential. The minimum is $25,000. The offering is sold under Rule 506(b), which bars general solicitation but establishes nothing about whether the investors on this filing were known to the sponsor or its selling group beforehand. The PPM is where the distribution terms, the leverage, and the hold are stated.
The next amendment is the one that matters. Cross half and the raise acquires a measured days-to-half, the first number in this report that describes the Trust rather than the ones around it. Until it does, amount sold is what the filing says it is, as of the date the filing says it.