Top1031.com analysis of SEC filings: 2025 was the largest fundraising year in the Form D record at $6.4 billion, the trailing twelve months peaked at $8.65 billion through March 2026, and mature Delaware statutory trust cohorts exited at a median 6.4 years against a marketed up-to-ten-year hold.
Fundraising, exits, Sponsor structure, and the property map.
The Top1031 DST Barometer, Q2 2026, updated September 9: sponsors of securitized 1031 Delaware statutory trusts reported $7.8 billion of new equity in SEC filings in the 12 months through June 30, 2026, off a record $8.65 billion trailing year through March; $1.32 billion was reported in the second quarter, and 126 new trusts have launched this year through September 8.
Top1031.com analysis of SEC filings through September 8, 2026: Section 721 REIT conversions were 9 of the 42 dated 1031 DST exit events in 2026 so far, or 21%, and 20% of the 143 dated exits across 2024–26, versus zero in 2018–19; 70 trusts have converted in all, and 10 dated 2026 exits ended in foreclosure or distress.
Top1031.com analysis of SEC filings, updated September 9, 2026: 153 named sponsors have launched 1031 DST offerings since 2009; the top five's share of each vintage's new equity fell from 90.2% in 2016 to 55.4% in 2023, the lowest in records back to 2012, then rebounded to 67.5% in 2024 and 63.5% in 2025, while nearly half of all sponsors launched exactly one trust and Ares became the biggest raiser of the 2023–26 era.
Top1031.com analysis of SEC filings and public property records, updated September 9, 2026, places 1,063 DST property records across 48 states: Texas holds 167 of the 1,059 with a state, one in six, and the Sun Belt holds 56% of located properties.