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Sponsors/CAI Investments
CI

CAI Investments

DST sponsor · first SEC filing 2018

Active offerings0None in current SEC filings
Programs on record10 →SEC Form D filings
First filed2018Earliest Form D on record
Property focusIndustrial 100%3 of 7 with a stated type

Counted by Top1031 from SEC Form D filings · updated Oct 16, 2026 · Record Card evaluated Oct 12, 2026

Sponsor Record Card
NR
NR · Not rated

1 completed sale; 0 losses or impairments; 1 counted Program. Fewer than three counted Programs.

Completed sales: 1
Lost or impaired 0 · Counted Programs 1
See the full cardRead the method

CAI Investments has sponsored 10 Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2018, most often industrial properties. None of its offerings is active in SEC filings today; its most recent Form D was first filed in 2024.

1Offerings2Record Card3Deal practices4About5Track record 106News7Questions8Similar sponsors
OfferingsRecord CardPracticesAboutTrack record 10NewsQuestionsSimilar sponsors
On this sponsor page
  1. 1Offerings
  2. 2Record Card
  3. 3Deal practices
  4. 4About
  5. 5Track record 10
  6. 6News
  7. 7Questions
  8. 8Similar sponsors
  9. 9Next step

CAI Investments DST offerings (0 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 1031 specialist about CAI Investments

No active offerings are on record for this sponsor.

CAI Investments Record Card

Top1031 Sponsor Record Card

CAI Investments

How this letter was decided
NR
NR · Not rated

1 completed sale; 0 losses or impairments; 1 counted Program. Fewer than three counted Programs. NR is not a failing grade. A letter needs 3 counted outcomes or 3 documented sales.

Completed sales 1Losses or impairments 0Counted Programs 1

Of 10 Programs, 1 count toward the Grade: 1 completed sales and 0 losses or impairments. The lines below describe all Programs, including those outside the Grade count.

No documented loss found in searched sources as of Oct 12, 2026.

Programs found in SEC fundraising filings (Form D)
10
Sold, result reported by the sponsor
0
Sold, result not reported by the sponsor
1
Sold according to the sponsor, not yet verified by us
0
Moved into a REIT instead of sold
0
Lost investors' money, or capital at documented risk
0
Older than 7 years, confirmed still operating
0
Older than 7 years, no public outcome found
0
No outcome recorded · under 7 years
9
Share of programs over 3 years old whose status we confirmed
33%

If we missed a sale, a reported result or a public record, send it. Evidence changes a Grade.

Submit a correction ↗

How does CAI Investments build its deals?

From one of CAI Investments’ offering documents (Aug 2024). These are the sponsor's own tables, not the Record Card's counts above.

Deal terms · free account

How complete is the track record in its offering documents?
Full record, losses includedFull record, no completed exits yetRecord with gapsSelected results onlyNo results tableNo results table
Full record, losses includedFull record, no completed exits yetRecord with gapsSelected results onlyNo results table
How often did past exits return less than investors put in?
Under 5% of the 10–49 exits in its tablesUnder 5% of the 50+ exits in its tables5–15% of the 10–49 exits in its tables5–15% of the 50+ exits in its tables15% or more of the 10–49 exits in its tables15% or more of the 50+ exits in its tablesNot shown in its offering documentsNot shown in its offering documents
Under 5% of the 10–49 exits in its tablesUnder 5% of the 50+ exits in its tables5–15% of the 10–49 exits in its tables5–15% of the 50+ exits in its tables15% or more of the 10–49 exits in its tables15% or more of the 50+ exits in its tablesNot shown in its offering documents
How many current programs pay less than the sponsor projected?
Under 20% of the 10–49 programs in its tablesUnder 20% of the 50+ programs in its tables20–40% of the 10–49 programs in its tables20–40% of the 50+ programs in its tables40% or more of the 10–49 programs in its tables40% or more of the 50+ programs in its tablesNot shown in its offering documentsNot shown in its offering documents
Under 20% of the 10–49 programs in its tablesUnder 20% of the 50+ programs in its tables20–40% of the 10–49 programs in its tables20–40% of the 50+ programs in its tables40% or more of the 10–49 programs in its tables40% or more of the 50+ programs in its tablesNot shown in its offering documents
Can its affiliate buy investors out?
Yes, in the 1 offering reviewedNo, in the 1 offering reviewedNo, in the 1 offering reviewed
Yes, in the 1 offering reviewedNo, in the 1 offering reviewed
Does its own master tenant pay the rent?
Yes, in the 1 offering reviewedNo, in the 1 offering reviewedYes, in the 1 offering reviewed
Yes, in the 1 offering reviewedNo, in the 1 offering reviewed
Can investors remove the manager?
Only for cause, in the 1 offering reviewedNo, in the 1 offering reviewedNo, in the 1 offering reviewed
Only for cause, in the 1 offering reviewedNo, in the 1 offering reviewed

About CAI Investments

CAI Investments is a Las Vegas-based real estate investment and development firm that says Christopher Beavor founded it in 2011 and that it finances, develops, and manages commercial properties across the United States. Its Delaware Statutory Trust platform serves 1031-exchange investors and has centered on net-leased industrial and manufacturing properties, including assets in Harvard, Illinois, and Honea Path, South Carolina. Top1031 tracks ten CAI-sponsored DST programs first filed between 2018 and 2024. The sponsor reported taking its Daytona DST full cycle in February 2022, completing a $22.28 million raise for Manufacturing Essential Asset II in March 2025, and fully subscribing Manufacturing Essential Asset 1 in March 2026.

Sponsor-stated figures are as reported by the sponsor.Sources: caicap.com · Web page · Undated · Top1031 sponsor record · caicap.com · Web page · 2021 · caicap.com · Web page · 2022 · caicap.com · Web page · 2022 · caicap.com · Web page · 2025 · +2 more

CAI Investments says Christopher Beavor founded the Las Vegas-based real estate investment and development firm in 2011, and that it finances, develops, and manages commercial properties across the United States 1. The firm's website reports approximately $1.5 billion in assets under management, more than 1,000 real-estate assets managed, and more than 14 years of operation 1.

DST platform and focus

CAI offers Delaware Statutory Trust opportunities to 1031-exchange investors and describes its Harvard, Illinois, and Honea Path, South Carolina, manufacturing properties as long-term, triple-net-leased industrial investments 1. Top1031 tracks ten CAI-sponsored DST programs, beginning with CAI Investments Daytona, DST (first filed 2018) and extending through CAI Investments Coatesville DST (2019), CAI Investments Lake Forest Global HQ, DST (2020), CAI Investments Kansas City, DST and CAI Investments Reno-Tahoe, DST (2021), CAI Investments Healthcare Products I, DST, CAI Investments Medical Products I, DST and CAI Investments Healthcare Products II, DST (2022), Manufacturing Essential Asset, DST (2023), and Manufacturing Essential Asset II, DST (2024) 2.

Reported program record

  • March 2, 2021: CAI said it completed the Lake Forest Global HQ DST offering after raising nearly $22.8 million from accredited investors 3.
  • February 10, 2022: CAI reported taking CAI Investments Daytona DST full cycle, selling the Daytona Beach, Florida industrial/office building for $12.1 million against a $10.5 million original purchase price; that offering launched in December 2018 4.
  • June 24, 2022: CAI reported that Healthcare Products I DST involved a 650,000-square-foot manufacturing facility in St. Bernard, Ohio, purchased for $46.6 million, with $25.8 million raised in investor equity 5.
  • March 14, 2025: CAI reported completing a $22.28 million capital raise for Manufacturing Essential Asset II, DST, an all-cash, debt-free trust for a Honea Path, South Carolina property leased to an affiliate of U.S. Medical Glove Company 6.
  • March 19, 2026: CAI reported that its Manufacturing Essential Asset 1 DST offering was fully subscribed, with approximately $182 million raised in investor equity within a $286 million offering that included debt and equity 7.

Earlier dispositions

In 2019, CAI sold two parcels at the 3883 Flamingo Center in Las Vegas, at 3833 W. Flamingo Road to Del Taco and at 9830 W. Flamingo Road to Chick-fil-A 8.

Show sources (8)Hide sources (8)
  • caicap.com · Web page · Undated ↗ Sponsor disclosure
  • Top1031 sponsor record ↗
  • caicap.com · Web page · 2021 ↗ Sponsor disclosureMar 2, 2021
  • caicap.com · Web page · 2022 ↗ Sponsor disclosureFeb 10, 2022
  • caicap.com · Web page · 2022 ↗ Sponsor disclosureJun 24, 2022
  • caicap.com · Web page · 2025 ↗ Sponsor disclosureMar 14, 2025
  • caicap.com · Web page · 2026 ↗ Sponsor disclosureMar 19, 2026
  • prnewswire.com · Press release · 2019 ↗ Sponsor disclosureJan 1, 2019
Written from SEC filings and cited sources · Updated Oct 15, 2026

CAI Investments track record (10 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.

Filter by Record Card line
ProgramResult on recordCounted asFiling
CAI Investments Daytona, DSTFirst filed 2018Completed sale Source ↗
Sold, no result reported
SEC filings ↗
Manufacturing Essential Asset II, DSTFirst filed 2024No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Manufacturing Essential Asset, DSTFirst filed 2023No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAI Investments Healthcare Products I, DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAI Investments Healthcare Products II, DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAI Investments Medical Products I, DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAI INVESTMENTS KANSAS CITY, DSTFirst filed 2021No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAI INVESTMENTS RENO-TAHOE, DSTFirst filed 2021No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAI Investments Lake Forest Global HQ, DSTFirst filed 2020No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAI Investments Coatesville DSTFirst filed 2019No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Show all 10 programsShow fewer

CAI Investments news

  1. Mar 19, 2026

    CAI Investments Fully Subscribes Manufacturing Essential Asset (MEA 1) DST Offering

    CAI Investments ↗

  2. Mar 14, 2025

    CAI Investments Completes $22.3M Capital Raise for Second Manufacturing Essential Asset DST

    CAI Investments (sponsor site) ↗

  3. Feb 5, 2025

    CAI Investments Completes $22.3M Capital Raise for Second Manufacturing Essential Asset DST

    AltsWire ↗

More CAI Investments coverage (10)
  1. Aug 12, 2026

    CAI Investments Healthcare Products I DST distress record

    Event: Dec 2024 · Top1031

  2. Sep 3, 2024

    CAI Investments Launches All-Cash DST With Acquisition of S.C. Industrial Facility

    AltsWire ↗

  3. May 30, 2024

    U.S. Medical Glove Company Marks 1st Anniversary at Revitalized 350-Acre Factory Site in Rural Northern Illinois

    PR Newswire ↗

  4. Jan 16, 2024

    CAI Investments Converts $182 Million DST Offering to 506(c)

    AltsWire ↗

  5. Dec 9, 2022

    CAI Investments Fully Subscribes DST Industrial Property

    CAI Investments ↗

  6. Aug 22, 2022

    CAI Investments Buys Industrial Property in Illinois for DST Offering

    CAI Investments ↗

  7. Jul 11, 2022

    CAI Investments Fully Subscribes DST Offering of NC Industrial Property

    CAI Investments ↗

  8. Jun 24, 2022

    CAI Investments Fully Subscribes DST Offering of Cincinnati Industrial Property

    CAI Investments ↗

  9. May 2, 2022

    CAI Investments Buys North Carolina Industrial Property for DST Offering

    AltsWire ↗

  10. Jul 27, 2026

    CAI Investments Daytona DST sold in February 2022

    Event: Feb 2022 · Top1031

Questions about CAI Investments DSTs

Does CAI Investments have DST offerings available now?
None of CAI Investments’ offerings is active in SEC filings today. Its most recent Form D was first filed in 2024.
How many DST programs has CAI Investments sponsored?
Top1031 found 10 CAI Investments programs in SEC Form D filings. The first was filed in 2018. Each is listed in the track record on this page with a link to its SEC filings.
What kind of property does CAI Investments put in its DSTs?
Of the seven CAI Investments offering records on Top1031, three are industrial.
What results has CAI Investments published for its DSTs?
On its Record Card, none of its 10 programs sold with a result reported by the sponsor yet. Of the rest, one sold without a result reported by the sponsor. Sponsor-stated figures are as reported by the sponsor; Top1031 does not compute or estimate returns.
How do I ask about CAI Investments offerings?
Use the “Ask a 1031 specialist about CAI Investments” button at the top of CAI Investments’ 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 industrial DST sponsors

  • Cove Capital Investments logoCove Capital Investments18 active · 101 programs on record
  • Blue Owl logoBlue Owl5 active · 6 programs on record
  • JLL Exchange (JLLX) logoJLL Exchange (JLLX)4 active · 35 programs on record
  • Four Springs (FSX) logoFour Springs (FSX)2 active · 34 programs on record
  • Invesco Real Estate Exchange logoInvesco Real Estate Exchange1 active · 5 programs on record
  • How to evaluate a DST sponsor →
  • DST due diligence checklist →
  • The largest DST sponsors, from SEC filings →

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A directory of 1031 DST offerings, built from SEC filings and public records.

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Top1031 is a data and education platform, not a broker-dealer, investment adviser, tax advisor, law firm, qualified intermediary, or securities issuer.

Information is not advice or an offer to buy or sell securities. DSTs are illiquid private securities with substantial risks, including loss of principal.

Data may be incomplete or delayed, and Top1031 does not audit sponsor-reported figures. Sponsor Grades are editorial sponsor assessments, not offering ratings or recommendations.

Review the current offering documents and consult qualified professionals. Gated offering data is intended for users who self-attest that they are accredited investors.

Commercial relationships are not inputs in the Top1031 Grade method. Losses are counted only from court, county or sponsor-published records.

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