
AEI Capital
DST sponsorfirst SEC filing 2014aeifunds.com
Counted by Top1031 from SEC Form D filings · updated Oct 15, 2026 · Record Card evaluated Oct 12, 2026
0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs.
AEI Capital has sponsored 28 Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2014, most often net lease properties. Today its SEC filings show two active offerings; the newest was first filed on Mar 16, 2026.
AEI Capital DST offerings (2 active)
Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest.
Ask a specialist about these offeringsAEI Capital Record Card
AEI Capital
0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs. NR is not a failing grade. A letter needs 3 counted outcomes or 3 documented sales.
Completed sales 0Losses or impairments 0Counted Programs 0
Of 28 Programs, 0 count toward the Grade: 0 completed sales and 0 losses or impairments. The lines below describe all Programs, including those outside the Grade count.
- Programs found in SEC fundraising filings (Form D)
- 28
- Share of programs over 3 years old whose status we confirmed
- 42%
About AEI Capital
AEI Capital is a Saint Paul, Minnesota–based real estate investment firm that sponsors net lease property programs, including Delaware statutory trust offerings used by 1031 exchange investors. The firm traces its founding to 1970 and concentrates on healthcare and retail assets occupied by creditworthy tenants under long-term net leases, stating a preference for debt-free ownership. As of December 31, 2025, AEI reported having acquired 521 properties across 44 states and managing 234.
Sponsor-stated figures are as reported by the sponsor.Sources: aeifunds.com · Web page · Undated · aeifunds.com · Web page · 1970 · aeifunds.com · Web page · Undated · aeifunds.com · Web page · Undated · aeifunds.com · Web page · Undated · aeifunds.com · Web page · 2025 · +5 more
Firm and strategy
AEI Capital describes itself as a real estate investment firm that invests exclusively in healthcare and retail assets for high-net-worth individuals, family offices, and institutions, and lists its home office at 1300 Wells Fargo Place, 30 East Seventh Street, Saint Paul, Minnesota 1. The firm's legacy account credits Robert P. "Bob" Johnson with forming AEI Inc. with his wife, Trish, in 1970 2. AEI says its targeted strategy centers on acquiring well-located real estate occupied by creditworthy tenants under long-term net leases 3, and that owning income-producing net-leased real estate on a debt-free basis can reduce risk 4.
DST platform and program history
AEI states that its DST offerings provide fractional ownership of institutional-quality real estate and that investors receive in-house asset and portfolio management after a project closes; the firm says it has offered more than 110 1031 exchange offerings over its history 5. AEI offering documents report 27 prior DST offerings involving 97 properties in 28 states from January 2014 through March 31, 2025 6. In January 2025, AEI announced that AEI Healthcare Portfolio V DST had closed to new investors; the sponsor reported a $27.82 million offering holding three net-leased healthcare properties in Indiana and Florida totaling 56,930 square feet, identified as AEI's 114th 1031 exchange offering 7. An issuer-filed amendment for AEI Healthcare Portfolio VII DST records a first sale of interests on March 6, 2026 8.
Dated acquisitions and portfolio scale
AEI announced an all-cash acquisition completed December 18, 2024 of a 25,000-square-foot Advocate Medical Group clinic at 2210 West 95th Street, Chicago, Illinois, for $7,510,000, leased by an affiliate of Advocate Health 9. AEI announced a second all-cash acquisition completed February 18, 2025 of the Mercy East Health medical clinic at 300 Winding Woods Drive, O'Fallon, Missouri, for $11,345,000, reported at 44,645 square feet and 100% leased to Mercy Health under a long-term net lease 10. As of December 31, 2025, AEI reported that it had acquired 521 properties in 44 states and managed 234 properties 11.
Earlier net lease funds
SEC filing records associated with AEI's prior programs show completed net lease funds with recorded sale dates: AEI Institutional Net Lease Fund '93 (1999), AEI's Net Lease Income & Growth Fund 84-A (2001), AEI Real Estate Fund 85-A (2003), AEI Real Estate Fund 86-A and Fund XVI (2004), AEI Real Estate Fund 85-B (2005), AEI Private Net Lease Fund 1998 and AEI Real Estate Fund XV (2006), and AEI Real Estate Funds XVII and XVIII (2010) 12.
Show sources (12)Hide sources (12)
- aeifunds.com · Web page · Undated ↗ Sponsor disclosure
- aeifunds.com · Web page · 1970 ↗ Sponsor disclosure
- aeifunds.com · Web page · Undated ↗ Sponsor disclosure
- aeifunds.com · Web page · Undated ↗ Sponsor disclosure
- aeifunds.com · Web page · Undated ↗ Sponsor disclosure
- Sponsor offering documents, Mar 2025
- aeifunds.com · Web page · 2025 ↗ Sponsor disclosure
- sec.gov · SEC filing · 2026 ↗ Public record
- aeifunds.com · Web page · 2024 ↗ Sponsor disclosure
- aeifunds.com · Web page · 2025 ↗ Sponsor disclosure
- aeifunds.com · Web page · 2025 ↗ Sponsor disclosure
- sec.gov · SEC filing · 2006 ↗ Public record
AEI Capital track record (28 programs)
Every program found in SEC Form D filings. Programs with a reported result are listed first, then the rest by first filing year. Each row links to its SEC filings.
Show all 28 programsShow fewer
AEI Capital news
Sales report on AEI Healthcare Portfolio VII DST →
More AEI Capital coverage (8)
AEI Net Lease Portfolio IV DST completed a partial sale in May 2022
Event: May 2022 · Top1031
Questions about AEI Capital DSTs
- Does AEI Capital have DST offerings available now?
- AEI Capital’s SEC filings show two active DST offerings, with stated offering sizes from $22.0M to $50.5M. Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest. The newest was first filed on Mar 16, 2026.
- How many DST programs has AEI Capital sponsored?
- Top1031 found 28 AEI Capital programs in SEC Form D filings. The first was filed in 2014. Each is listed in the track record on this page with a link to its SEC filings.
- What kind of property does AEI Capital put in its DSTs?
- Of the 11 AEI Capital offering records on Top1031, six are net lease and two office.
- What is the minimum investment for AEI Capital DSTs?
- Minimum investments on its active offerings range from $25,000 to $50,000, as shown on each offering’s page.
- What results has AEI Capital published for its DSTs?
- On its Record Card, none of its 28 programs sold with a result reported by the sponsor yet. Sponsor-stated figures are as reported by the sponsor; Top1031 does not compute or estimate returns.
- How do I ask about AEI Capital offerings?
- Use the “Ask a specialist about these offerings” button at the top of AEI Capital’s offerings list on this page. Top1031 is not a broker-dealer or investment adviser and does not provide tax, legal, or investment advice.
Answers are generated from the counts on this page and change when the record changes.
Other net lease DST sponsors
What can I do next?
Use the record as a starting point. Compare the current offerings or save them to your Watchlist.
