InCommercial
DST Sponsor · SEC filing history and documented Program outcomes
Website not on recordPrograms on record7
First filed2020
Active offerings1
Sponsor-reported, from SEC filings and cited sources.
What is on this sponsor’s Record Card?
Top1031 Sponsor Record Card
How this letter was decidedInCommercial
NR
NR · Not rated
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
- Programs found in SEC fundraising filings (Form D)
- 7
- Share of programs over 3 years old whose status we confirmed
- 33%
Which Programs are on the record?
A Program is one filing-level offering record associated with this Sponsor. Results are public and stay next to their source.
ProgramSponsor-stated resultCounted as
InCommercial RMF DSTFirst filed 2025No sponsor-stated result on record Source
No outcome recorded · under 7 yearsDocument
InCommercial Net Lease DST 5First filed 2022No sponsor-stated result on record Source
No outcome recorded · under 7 yearsDocument
InCommercial Net Lease DST 6First filed 2022InCommercial Net Lease DST 6 is the subject of a July 23, 2025 White Law Group investor-loss investigation; no full-cycle sale, 721 exchange, or foreclosure of the trust has been publicly announced in the available evidence. Source
No outcome recorded · under 7 yearsDocument
InCommercial Net Lease DST 1First filed 2021No sponsor-stated result on record
No outcome recorded · under 7 years
Incommercial Net Lease DST 3First filed 2021No sponsor-stated result on record
No outcome recorded · under 7 years
Show all 7 Programs
InCommercial Net Lease DST 4First filed 2021No sponsor-stated result on record
No outcome recorded · under 7 years
InCommercial Net Lease DST 2First filed 2020No sponsor-stated result on record
No outcome recorded · under 7 years
Active offerings
Classified active by Top1031 from SEC filings. That does not confirm an offering is still available to buy.
PropertyOffering sizeAmount soldStatus☆
InCommercial RMF DSTSEC filing, Jul 2, 2025
—Amount sold: not confirmed yet. Top1031 has not been able to confirm how much of this offering has sold.Filed Jul 2, 2025
Sold out
Who is behind this record?
InCommercial Property Group is a real estate investment firm that describes itself as specializing in net-leased, necessity-based assets in the motor fuel and convenience retail sectors, with stated service lines spanning investment sales, 1031 exchange, financing, property management and investments. Top1031 tracks seven InCommercial Delaware statutory trusts: Net Lease DST 1 through 6, first filed between 2020 and 2022, and InCommercial RMF DST, first filed in 2025. Sponsor material describes RMF DST as owning four Texas properties leased to Panthers Petroleum III LLC under 20-year triple-net leases, and AltsWire reported in May 2026 that the trust was fully subscribed at nearly $18.2 million.
Sponsor-stated figures are as reported by the sponsor.Sources: InCommercial Property Group · InCommercial Property Group / DST Investments · Top1031 sponsor record · AltsWire · Fairview Partners Investment Management, LLC / PR Newswire
Platform and strategy
InCommercial Property Group describes itself as a real estate investment firm specializing in net-leased, necessity-based assets in the motor fuel and convenience retail sectors, says it identifies opportunities in those sectors, and lists investment sales, 1031 exchange, financing, property management and investments as its service lines1. An InCommercial RMF DST offering summary says the firm operates 25 sites and provides consulting services to third-party operators and landlords2.
DST programs tracked
Top1031 tracks seven InCommercial Delaware statutory trusts and the year each first filed: InCommercial Net Lease DST 2 (2020); InCommercial Net Lease DST 1, InCommercial Net Lease DST 3 and InCommercial Net Lease DST 4 (2021); InCommercial Net Lease DST 5 and InCommercial Net Lease DST 6 (2022); and InCommercial RMF DST (2025)3.
Motor-fuel DST record
AltsWire reported that InCommercial Capital Corporation launched InCommercial RMF DST on July 28, 2025 as its first retail motor-fuel DST, with nearly $18.2 million of equity offered to accredited investors4. That trust's offering summary states that it owns four Texas properties leased to Panthers Petroleum III LLC under triple-net leases with 20-year terms2. AltsWire reported on May 19, 2026 that InCommercial Capital Corporation had fully subscribed the trust, raising nearly $18.2 million from accredited investors for four Houston-area gas station and convenience store properties5.
Reported acquisition financing
Fairview Partners announced on January 9, 2024 that it closed a $20 million loan to InCommercial, facilitated by Gneiting Capital, and said the financing enabled InCommercial to acquire the Travel America travel center in Fairview, Kansas and three regional Texas gas stations6.
Show sources (6)Hide sources (6)
- InCommercial Property Group ↗Sponsor disclosure
- InCommercial Property Group / DST Investments ↗Sponsor disclosure
- Top1031 sponsor record ↗Top1031-derived
- AltsWire ↗Sponsor disclosure
- AltsWire ↗Sponsor disclosure
- Fairview Partners Investment Management, LLC / PR Newswire ↗Sponsor disclosure
Written from SEC filings and cited sources
InCommercial in the news
More sponsor coverage (1)
What can I do next?
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