The first sale in Origin Charlotte NoDa, DST came on May 20, 2025. Half the ceiling was sold 198 days later; the 90% mark came at 331 days. Top1031 computes raise velocity for a Delaware Statutory Trust (DST) offering from the offering's own Form D amendments: the days from the first reported sale to the amendment showing half the offering amount sold, and to the amendment showing 90% of it. It is a measure of how quickly equity moved, and of nothing else.
Set it beside Origin Investments' own record. The sponsor medians here are drawn from two programs tracked for Origin Investments: 140 days to half, 259 days to 90%. Charlotte NoDa was slower on both marks. Against the broader field the distance is much larger, with a median across 3,365 programs of 18 days to half and 16 days to 90%. Note the ordering there. A market median to 90% that sits below the market median to 50% is a warning against reading that column too finely.
Filing date | Amount sold | % of ceiling | Investors |
|---|---|---|---|
June 4, 2025 | $984,777 | 2% | 2 |
August 22, 2025 | $9,218,271 | 18.8% | 19 |
October 28, 2025 | $20,116,683 | 41.1% | 39 |
December 4, 2025 | $27,611,564 | 56.4% | 52 |
February 5, 2026 | $38,830,832 | 79.4% | 73 |
July 2, 2026 | $48,412,492 | 99% | 97 |
September 1, 2026 | $48,912,492 | 100% | 100 |
Selected filings from the record, not the complete filing history. Offering amount as stated in each filing: $48,917,049.
The interesting stretch is the last one. The April 16, 2026 amendment reported 95.7% of the ceiling sold, and the remainder took until the September 1, 2026 filing to arrive. Amount sold is as the filing reports it.
One conflict inside the record is worth stating. The velocity figures Top1031 computed carry the offering at 99% complete, with a latest sold amount matching the July 2, 2026 amendment; the September 1, 2026 amendment reports 100%. This piece relies on the September filing, because it is the later document in the same series and the velocity computation predates it. The earlier figure is not wrong, only earlier.
The ceiling never moved. No amendment revised the offering amount downward.
What the Trust owns is not in the Form D. The filing gives the industry as Other Real Estate and the minimum outside investment as $250,000. The offering is a 506(c): general solicitation is permitted, and accredited status must be verified. It names no property, no address, no debt, no distribution terms. Those sit in the private placement memorandum, which is not public.
So the demand question is answered and the rest is not. The raise ran longer than the sponsor's tracked pace and far longer than the field's, and it got where it was going; pace shows that and nothing more. The Form D carries no property or performance disclosure, and this report does not speak to the eventual result for investors.