Net Lease Capital Advisors has launched NLC Phoenix EVS Corp HQ DST, an offering of up to $213.5 million. The Form D, filed November 3, 2026, names no property, city or asset type for the Delaware Statutory Trust (DST). Research through November 4, 2026 surfaced no source naming the property, a tenant or a purchase price. The filing reports no amount sold and no investors as of that date, with the date of first sale yet to occur.
Field | Detail |
|---|---|
Trust | NLC Phoenix EVS Corp HQ DST |
Sponsor | Net Lease Capital Advisors |
Property | not stated |
Asset type | not stated |
Location | not stated |
Offering amount (maximum) | $213,543,006 |
Minimum investment | $150,000 |
Amount sold (as of November 3, 2026) | $0 |
Investors | 0 |
Exemption | Rule 506(b) |
Sales commissions | $0; the filing states that Clearview Trading Advisors, Inc. receives a placement fee of 0.10% of the aggregate purchase price of the interests and a $5,000 monthly advisory fee |
Date of first sale | Yet to occur |
Form D filed | November 3, 2026 |
Trust
NLC Phoenix EVS Corp HQ DST
Sponsor
Net Lease Capital Advisors
Property
not stated
Asset type
not stated
Location
not stated
Offering amount (maximum)
$213,543,006
Minimum investment
$150,000
Amount sold (as of November 3, 2026)
$0
Investors
0
Exemption
Rule 506(b)
Sales commissions
$0; the filing states that Clearview Trading Advisors, Inc. receives a placement fee of 0.10% of the aggregate purchase price of the interests and a $5,000 monthly advisory fee
Date of first sale
Yet to occur
Form D filed
November 3, 2026
The median minimum investment across DST Form D filings in the past year was $100,000.
The Form D classifies the issuer's industry as Other Real Estate. It names Douglas Blough and Bruce MacDonald, giving each the relationship Executive Officer.
The sponsor's other active offerings include SW Florida Corp HQ Campus DST, NLC Florida Healthcare Sciences DST in Saint Augustine, Florida, and Huntington Tower (2025 Woodward Avenue, Detroit, MI), a single-tenant net lease office property.
A filing-based news item carrying a November 3, 2026 byline recited the offering's size and named no property. That same page's header displays November 4; this article relies on the byline date. A filing-page mirror published November 3, 2026 named no property either.
Sources: Form D, NLC Phoenix EVS Corp HQ DST, filed November 3, 2026; Financialist, November 3, 2026; StreetInsider, November 3, 2026.
A Form D is a notice of an exempt offering, not SEC approval. Offering amounts are maximums from the Form D, not capital raised; amounts sold are as of the filing date; medians are per filing over the trailing twelve months and include amendments. How we report filings.