Data

NexPoint Oasis DST needed 193 days to reach half sold, longer than its Sponsor's median to 90%

Top1031 computes the Delaware Statutory Trust (DST)'s pace from its own Form D amendment dates, a measure of when equity arrived and nothing more.

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NexPoint Oasis DST took 193 days to place half its equity. The first sale came on November 7, 2025, and the amendment filed May 19, 2026 was the first to report more than half the ceiling sold. NexPoint's median across its 22 programs is 104 days to that mark and 189 days to 90% of the ceiling.

Raise velocity is Top1031's own pace metric, computed from the Form D amendment dates: the days from the first sale a filing reports to the amendment that first shows half the offering amount sold, then to the one that shows 90%. The second half of the metric is blank here, because the record has not reached 90%. Top1031's stored file runs through the July 13 amendment; the table below runs through the filing of August 17, 2026.

Filing date

Amount sold

Investors

% of ceiling

December 2, 2025 (initial Form D)

$1,823,228

3

3.9%

December 16, 2025

$3,357,120

7

7.2%

December 22, 2025

$3,757,918

9

8.1%

January 6, 2026

$5,791,806

17

12.5%

January 27, 2026

$9,900,333

32

21.4%

February 3, 2026

$12,595,528

42

27.2%

February 18, 2026

$15,936,504

52

34.4%

April 7, 2026

$21,263,142

71

45.9%

April 28, 2026

$22,749,224

77

49.1%

May 19, 2026

$24,356,374

83

52.6%

June 2, 2026

$26,089,007

90

56.3%

June 16, 2026

$26,925,763

93

58.1%

July 13, 2026

$32,652,498

103

70.5%

August 17, 2026

$37,316,281

117

80.5%

Amount sold as each Form D and amendment reports it, which can lag subscriptions. The offering amount, $46.33 million, is unchanged in every filing; the Sponsor has not cut the ceiling it set.

The path is not a straight line. Equity came in through the winter at a regular clip, and then the record carries no filing reporting an increase between the February 18 and April 7 amendments. The July 13 amendment reports the single largest increase of any step in the record, measured against the June 16 filing before it. The offering record puts the minimum investment at $100,000.

Set against the market rather than the Sponsor, the distance grows. The median across 2,927 programs is 21 days to half and 20 days to 90%. Oasis sits well outside that, and outside NexPoint's own median as well.

What the pace shows is when money arrived and how much of it. It does not speak to the property, the terms, or the eventual result for investors. The Form D carries no performance figures and classifies the industry as Other Real Estate; it does not describe the property at all. A raise that fills is subscribed, not vindicated, and one that fills slowly is neither condemned nor excused by its pace.

The next amendment settles the open half of the metric: whether the record reaches 90%, and what the Form D dates say about how long that took.