Hamilton Point Investments
10 Programs on record · filing history back to 2012 · 1 classified as raising now
Website not on recordPrograms on record10
First filed2012
Raising now1
Finished with published result100%
Capital-loss alertNone published
Sponsor-reported, from SEC filings and cited sources.
What the record shows
Hamilton Point Investments LLC (HPI) is a real-estate private-equity company that owns and manages multifamily apartment properties, manufactured-housing communities and hotels, and says it was founded in 2009 by J. David Kelsey and Matthew A. Sharp. The firm reports more than 180 properties acquired for approximately $4 billion since inception and more than 35,000 apartment units acquired by its funds. An industry directory entry records 15 sponsored real-estate funds and nine DST offerings. HPI reported on May 15, 2026 that 14 programs had gone full-cycle, including seven DSTs, and Top1031 tracks ten Hamilton Point and HPI Delaware statutory trusts first filed from 2012 through 2026.
Sponsor-stated figures are as reported by the sponsor.Evidence 12345678
Published Grade summary
The public record tracks 10 Programs across 13 yrs, with 7 lifecycle-eligible and 7 seasoned, and shows 0 distress and no documented material adverse events or recorded floor — an absence of records, not evidence of safety. All 7 lifecycle-eligible Programs are logged as property sold with the result unknown, yet the outcome-disclosure ledger reports a figure published for all 7, with none silent. Backing runs to 15 citations at a proof depth of 4.
7Programs with an ending or 7+ years of history
0 of 7Programs with a documented problem
100%Finished Programs with a published result
YesPublishes its own track record
Raising money now
Classified active by Top1031 from the SEC filings. That does not confirm an offering is still available to buy.
SponsorPropertyOffering sizeAmount soldStatus☆
Farmhouse at EasleySEC filing, Jun 12, 2026
How this Grade was computed
The four channels describe the documented public record. The published letter also applies evidence gates, ceilings, and adverse floors.
Four evidence channelsEach channel is scored from 0 to 100, then weighted under the published method.
Read the full methodHarm recordDocumented problems, weighed against everything at stake35% weight
Lifecycle outcomesHow programs old enough to finish actually ended25% weight
Market acceptanceHow each raise went against comparable offerings25% weight
Disclosure candorWhether completed programs come with published results15% weight
Weighted blend35% H + 25% L + 25% R + 15% TThe published result applies the anti-washout ceilings, evidence gates, and adverse floors below after this blend. Top1031 does not publish an intermediate score.
AProven71 and above
BEstablished61–70
CUnproven50–60
DWarning36–49
FAdverseBelow 36
NRNot ratedRecord too small or identity under review
- Ceilings
- The result cannot exceed H + 10 or L + 15, so stronger sales evidence cannot wash out a weaker harm or lifecycle record.
- Evidence gates
- A and B require minimum proof depth, lifecycle history, and channel evidence. A also requires qualifying disclosure coverage.
- Adverse floors
- An Integrity alert sets an F floor. A dominant documented capital loss or multiple independent severe events sets D or lower.
Proof depth81.3Published-outcome coverage100%
- C2026-Q3 · Moved from C. Binding constraints: proof depth below 4; fewer than 10 lifecycle-eligible Programs; H below 85.
Programs on the record
A Program is the filing-level offering record associated with this sponsor. Published-result figures are shown only with sponsor attribution and adjacent sources.
ProgramFirst filedStatusPublished outcome
HPI Plantation DST2016Finished
HPI Villas DST2016Finished
HPI Waterford Landing DST2015Finished
Show all 10 Programs
HPI Crocker House DST2014Finished
HPI Mill Creek Run DST2014Finished
HPI Garden Park Investors DST2013Finished
Who they are
Written from SEC filings and cited sources
Platform and scale
Hamilton Point Investments LLC (HPI) identifies itself as a real-estate private-equity investment company that owns and manages multifamily apartment properties, manufactured-housing communities and hotels, and says the firm was founded in 2009 by J. David Kelsey and Matthew A. Sharp. HPI reports more than 180 properties acquired for approximately $4 billion since inception, more than 35,000 apartment units acquired by its funds, and investment-fund equity raised from individual accredited investors 1. An AltsWire sponsor directory entry catalogs 15 sponsored real-estate funds and nine DST offerings under the HPI name 2.
Delaware statutory trust programs
Top1031 tracks ten Hamilton Point and HPI Delaware statutory trusts: Hamilton Point (Wilcox) Investors, DST (first filed 2012), HPI Garden Park Investors DST (2013), HPI Mill Creek Run DST and HPI Crocker House DST (2014), HPI Waterford Landing DST (2015), HPI Villas DST and HPI Plantation DST (2016), HPI Bandera DST and HPI Tremont DST (2025), and HPI Farmhouse DST (2026) 3.
Completed programs
In a May 15, 2026 announcement, HPI reported that 14 of its investment programs had completed full cycles — seven funds representing $590 million of original equity and seven DSTs — with hold periods of three to five years 4. Among those realizations, HPI announced on February 19, 2026 the full-cycle sale of Forty649 North Hills, a Texas multifamily property held through HPI Real Estate Fund VIII 5.
Acquisition and offering history
On July 2, 2024, HPI announced the purchase of a four-property Houston apartment portfolio totaling 1,174 units, built in 2022, for $195 million 6. On April 30, 2025, the firm acquired two Florida apartment communities: the 268-unit Retreat at 42nd in Ocala and the 170-unit Legends at Pine Forest 7. On August 25, 2025, HPI announced the launch of HPI Real Estate Fund XV LLC, an offering of nearly $225 million sized for accredited investors 8.
Show sources (8)Hide sources (8)
- Hamilton Point Investments ↗Sponsor disclosure
- AltsWire ↗Sponsor disclosure
- Top1031 sponsor record ↗Top1031-derived
- AltsWire ↗Sponsor disclosure
- AltsWire ↗Sponsor disclosure
- Business Wire ↗Sponsor disclosure
- Multi-Housing News ↗Independent report
- AltsWire ↗Sponsor disclosure