Data

NexPoint Oasis DST Took 193 Days to Sell Half of Its $46,331,389 Ceiling

Slower than NexPoint's own median and far slower than the market's, the pace measures the timing of demand, not the merit of the offering.

Published Updated

NexPoint's prior programs reached the halfway mark of their ceilings at a median of 118 days. The market median is 15 days. Set beside either, the NexPoint Oasis DST raise was a slow accumulation, and by the amendment filed September 23, 2026, very nearly a finished one.

Raise velocity is a pace metric Top1031 computes from an offering's own Form D amendments: the days from the first reported sale to the amendment that reports half the ceiling sold, then most of it. For a Delaware Statutory Trust (DST) offering it records when the money arrived. It is not a return and not a grade.

The market median needs a caveat before anyone leans on it. Across 4,591 programs it is the same figure at half the ceiling and at 90% of it. Velocity reads filing dates, and the record does not say why the two medians coincide. This raise, by contrast, was disclosed in increments, from the initial Form D on December 2, 2025 through a long run of amendments, and its clock starts earlier still, at the first reported sale on November 7, 2025. From there to the amendment reporting half the ceiling sold: 193 days. Across 23 programs, NexPoint has reached 90% of the ceiling at a median of 189 days.

The ceiling itself never moved. No downward amendment appears in the record, which is worth saying plainly in a market where sponsors do sometimes cut a ceiling they once set.

The Form D says only that the offering is Other Real Estate; it carries no property detail, which is ordinary for the form. Three investors were in on the first filing, 131 on the latest, against a $100,000 minimum. The offering is sold under 506(c).

Filing date

Amount sold

% of ceiling

Dec 2, 2025

$1,823,228

3.9%

Dec 16, 2025

$3,357,120

7.2%

Dec 22, 2025

$3,757,918

8.1%

Jan 6, 2026

$5,791,806

12.5%

Jan 13, 2026

$8,074,698

17.4%

Jan 27, 2026

$9,900,333

21.4%

Feb 3, 2026

$12,595,528

27.2%

Feb 18, 2026

$15,936,504

34.4%

Apr 7, 2026

$21,263,142

45.9%

Apr 28, 2026

$22,749,224

49.1%

May 19, 2026

$24,356,374

52.6%

Jun 2, 2026

$26,089,007

56.3%

Jun 16, 2026

$26,925,763

58.1%

Jul 13, 2026

$32,652,498

70.5%

Aug 17, 2026

$37,316,281

80.5%

Sep 8, 2026

$39,614,232

85.5%

Sep 23, 2026

$44,781,693

96.7%

Amount sold is as each Form D reports it, and a filing can lag the subscription behind it. The shape of the path is the point: money came in more or less continuously from the initial Form D onward, with a visible pause between the February and April filings.

Top1031's velocity record carries no days-to-90 figure for this offering. The latest completion reading in that record comes from the September 8, 2026 amendment, which left the raise short of 90% of the ceiling; the September 23 filing shows it past that mark, but as of that date the measure is censored and the days-to-90 figure remains unset. The filings establish a sequence of dates and dollar amounts. They say nothing about the property's performance or the eventual result for the investors already in, and an offering that fills is subscribed, not proven.