
InCommercial
DST sponsorfirst SEC filing 2020incommercialre.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.
InCommercial has sponsored seven Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2020. None of its offerings is active in SEC filings today; its most recent Form D was first filed in 2025.
InCommercial 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 InCommercialNo active offerings are on record for this sponsor.
InCommercial Record Card
InCommercial
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 7 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)
- 7
- Share of programs over 3 years old whose status we confirmed
- 33%
How does InCommercial build its deals?
From one of InCommercial’s offering documents (Jul 2025). These are the sponsor's own tables, not the Record Card's counts above.
- How complete is the track record in its offering documents?
- Full record, losses included
- How often did past exits return less than investors put in?
- Under 5% of the 10–49 exits in its tables
As reported by the sponsor.
- How many current programs pay less than the sponsor projected?
- Not shown in its offering documents
- Can its affiliate buy investors out?
- Yes, in the 1 offering reviewed
- Does its own master tenant pay the rent?
- Yes, in the 1 offering reviewed
- Can investors remove the manager?
- No, in the 1 offering reviewed
About InCommercial
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: incommercialre.com · Web page · Undated · dst.investments · PDF document · 2026 · Top1031 sponsor record · altswire.com · Web page · 2025 · altswire.com · Web page · 2026 · prnewswire.com · Press release · 2024
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 investors 4. 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 terms 2. 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 properties 5.
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 stations 6.
Show sources (6)Hide sources (6)
- incommercialre.com · Web page · Undated ↗ Sponsor disclosure
- dst.investments · PDF document · 2026 ↗ Sponsor disclosure
- Top1031 sponsor record ↗
- altswire.com · Web page · 2025 ↗ Sponsor disclosure
- altswire.com · Web page · 2026 ↗ Sponsor disclosure
- prnewswire.com · Press release · 2024 ↗ Sponsor disclosure
InCommercial track record (7 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 7 programsShow fewer
InCommercial news
More InCommercial coverage (1)
Questions about InCommercial DSTs
- Does InCommercial have DST offerings available now?
- None of InCommercial’s offerings is active in SEC filings today. Its most recent Form D was first filed in 2025.
- How many DST programs has InCommercial sponsored?
- Top1031 found seven InCommercial programs in SEC Form D filings. The first was filed in 2020. Each is listed in the track record on this page with a link to its SEC filings.
- What kind of property does InCommercial put in its DSTs?
- Of the six InCommercial offering records on Top1031, two are net lease.
- What results has InCommercial published for its DSTs?
- On its Record Card, none of its seven 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 InCommercial offerings?
- Use the “Ask a 1031 specialist about InCommercial” button at the top of InCommercial’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 DST sponsors with active offerings
What can I do next?
Use the record as a starting point. Compare the current offerings or save them to your Watchlist.


