Correction (October 28, 2026): this article has been corrected since it was first published and was reviewed again against its sources.
Rainier Rockford DST's property at 816 Featherstone Road in Rockford, Illinois transferred on June 30, 2026, after a 10.5-year hold. Rainier Realty Investments is the Sponsor of record on the Form D for the Delaware Statutory Trust (DST).
Key fact | Detail |
|---|---|
Trust | RAINIER ROCKFORD DST |
Sponsor | RAINIER REALTY INVESTMENTS |
Property | Rockford VA Clinic, 816 Featherstone Road |
Location | Rockford, Illinois |
Asset type | Other Real Estate (as filed) |
First Form D filed | December 30, 2015 |
Original offering amount (maximum) | $5,000,000 |
Minimum investment | $25,000 |
Exemption | 506(b) |
Outcome | Property sold |
Exit date | June 30, 2026 |
Hold | 10.5 years |
Trust
RAINIER ROCKFORD DST
Sponsor
RAINIER REALTY INVESTMENTS
Property
Rockford VA Clinic, 816 Featherstone Road
Location
Rockford, Illinois
Asset type
Other Real Estate (as filed)
First Form D filed
December 30, 2015
Original offering amount (maximum)
$5,000,000
Minimum investment
$25,000
Exemption
506(b)
Outcome
Property sold
Exit date
June 30, 2026
Hold
10.5 years
The building houses an outpatient clinic of the Department of Veterans Affairs. The tie between that address and the Trust rests on a match with the Rockford VA Clinic page at rainiercompanies.com. The records documenting the conveyance do not name the buyer.
Property-history records at First Weber and CityFeet put the transfer at $7.5 million. That figure sits in third-party listing records rather than in a sponsor announcement of the sale.
No Full Cycle announcement from Rainier Realty Investments turned up in the sources reviewed for this report, and no investor-return figure: no total return, no annualized figure, no equity multiple. The Form D carries no performance figures. It states the size of the raise, the exemption claimed and the minimum ticket, and stops there.
No other Rainier Realty Investments offering appears in the records reviewed here. What those records show is an asset, a tenant and two dates. What holders of Rainier Rockford DST received on the sale is not in them.
Sources: Form D, December 30, 2015; Rockford VA Clinic property page, undated; Department of Veterans Affairs clinic location page, undated; First Weber property history, undated; CityFeet listing record, undated.
The hold runs from the first Form D to the exit date; the price here is carried by third-party property-history records, not by the Sponsor. How we report outcomes.