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.
NexPoint Waterford DST recorded its first sale on May 4, 2026. The amendment filed September 17, 2026 reports $10.66 million sold and 28 investors; the August 25, 2026 amendment put the figures at $5.36 million and 17 investors. Top1031's pace measure counts elapsed days from the first sale to 50% of the stated ceiling, then to 90% of it. This raise has reached neither mark. So there is no velocity figure to publish. There is only the path.
Filing date | Amount sold | % of ceiling | Investors |
|---|---|---|---|
$483,297 | 1.5% | 2 | |
$633,297 | 2% | 3 | |
$1,235,705 | 3.9% | 5 | |
$2,210,891 | 7% | 8 | |
$3,372,616 | 10.8% | 10 | |
$4,577,616 | 14.6% | 13 | |
$5,362,099 | 17.1% | 17 | |
$10,663,900 | 34% | 28 |
Amount sold
$483,297
% of ceiling
1.5%
Investors
2
Amount sold
$633,297
% of ceiling
2%
Investors
3
Amount sold
$1,235,705
% of ceiling
3.9%
Investors
5
Amount sold
$2,210,891
% of ceiling
7%
Investors
8
Amount sold
$3,372,616
% of ceiling
10.8%
Investors
10
Amount sold
$4,577,616
% of ceiling
14.6%
Investors
13
Amount sold
$5,362,099
% of ceiling
17.1%
Investors
17
Amount sold
$10,663,900
% of ceiling
34%
Investors
28
Offering amount stated in every filing: $31,360,817. Minimum investment: $100,000. Amounts are as each filing reports them and can lag subscriptions.
What the raise will eventually be measured against is already fixed. The benchmark medians are filing-level, drawn from the likely 1031 DST cohort: they count amendments alongside original filings and are not medians of unique Trusts. On that basis, 24 NexPoint records give a median of 126 days from first sale to half the ceiling and 197 days to 90%. The 864 market records give 107 days and 181 days. NexPoint's own book is the slower of the two at both milestones, and it is the narrower comparison, since those raises are this sponsor's own.
Demand is the whole of what this measures. A completion percentage counts subscriptions received, and it speaks to neither the property's performance nor the eventual result for the people who subscribed. The Form D is silent on all of that. It records the asset class only as Other Real Estate and names no property. Distribution terms and any performance figures live in the offering documents, not in the filing record.
The filings claim Rule 506(c), and the exemption record shows 3C and 3C.5 alongside it. Nothing in the record says how any subscription was sourced. No filing has revised the ceiling downward. A search within this report's bounded scope located no matching coverage of the raise.
As of October 4, 2026, that is the record: 34% of the ceiling sold, and no days-to-half figure, because the raise has not crossed that line. Until a filing reports the crossing, there is nothing to set beside either median, and the sold column does the talking.