IREX V Diversified Portfolio DST reaches 90% of raise in 144 days

IREX V Diversified Portfolio DST has sold 95.6% of its offering ceiling, per a Form D amendment filed October 13, 2026. The trust, sponsored by Invesco Real Estate Exchange, reached 90% of that ceiling 144 days after its first sale on May 8, 2026.

Invesco Real Estate Exchange has four earlier programs in the cohort of likely 1031 DST offerings; the market cohort holds 877. IREX V reached both the half and 90% marks in fewer days than the sponsor's median and the market median.

The reported investor count rose from 2 at the first filing to 94 at the latest. What the pace does not show is merit. A raise that fills is subscribed, not proven, and the filings carry no performance figures. The pace says nothing about the underlying commercial properties, their tenants, or the terms investors accepted.

The offering amount has stayed at the same figure through every amendment, with no downward revision. No amendment so far reports the offering closed, and the next one will show whether the remaining equity cleared.

Sources: Form D, May 22, 2026; Form D/A, August 14, 2026; Form D/A, September 29, 2026; Form D/A, October 13, 2026.

Raise velocity is a pace metric, not a return or a rating. Day counts run from the first sale date stated on Form D to the first amendment reporting each threshold. Amounts sold are as the filings report them and may lag actual subscriptions. Sponsor and market medians cover likely 1031 DST programs only, as of October 19, 2026.