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 3,729 programs of 17 days to half and 15 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, and reporting can lag the money.
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.
Demand is the one question this record answers, and it answers it: the equity arrived, all of it, at a pace behind both comparisons. That is not a judgment on the asset. The Form D names no property and reports no performance, and a fully subscribed offering is subscribed, nothing more. With the ceiling reached, there is no further amendment to read.