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Sponsors/JWCM Exchange I
JWCM Exchange I logo

JWCM Exchange I

DST sponsor · first SEC filing 2022 · jwcapitalmanagement.com ↗

Active offerings1 →Offering size $46.2MPrograms on record3 →SEC Form D filings
First filed2022Earliest Form D on record
Property focusMultifamily 22 of 3 with a stated type

Counted by Top1031 from SEC Form D filings · updated Oct 15, 2026 · Record Card evaluated Oct 12, 2026

Sponsor Record Card
NR
NR · Not rated

0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs.

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

JWCM Exchange I has sponsored three Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2022. Today its SEC filings show one active offering; the newest was first filed on Oct 28, 2025.

1Offerings 12Record Card3Deal practices4About5Track record 36News7Questions8Similar sponsors
Offerings 1Record CardPracticesAboutTrack record 3NewsQuestionsSimilar sponsors
On this sponsor page
  1. 1Offerings 1
  2. 2Record Card
  3. 3Deal practices
  4. 4About
  5. 5Track record 3
  6. 6News
  7. 7Questions
  8. 8Similar sponsors
  9. 9Next step

JWCM Exchange I DST offerings (1 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 offerings
OfferingOffering sizeMinimumAmount soldFirst filedWatchlist
The VivianMultifamily · Atlanta, GASEC filing, Sep 29, 2026 ↗
$46.2M$25,000
$23.3M
51%Filed Sep 29, 2026
Oct 28, 2025

Open JWCM Exchange I in the directory →

JWCM Exchange I Record Card

Top1031 Sponsor Record Card

JWCM Exchange I

How this letter was decided
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

Of 3 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.

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

Programs found in SEC fundraising filings (Form D)
3
Sold, result reported by the sponsor
0
Sold, result not reported by the sponsor
0
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
3
Share of programs over 3 years old whose status we confirmed
0%

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

Submit a correction ↗

How does JWCM Exchange I build its deals?

From one of JWCM Exchange I’s offering documents (Sep 2025). 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 reviewedYes, 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 JWCM Exchange I

JWCM Exchange I, LLC is a Delaware Statutory Trust sponsor identified as the sponsor of the issuer JWCM Vivian, DST, in a filing signed on August 11, 2026 by Jason Warsavsky as president of the sponsor. Offering material names Jesselson Warsavsky Capital Management, LLC as manager of the sponsor, a private real estate investment firm formed in 2014 by Samuel Jesselson and Jason Warsavsky that invests across U.S. asset classes with a focus on residential property and special situations. Three JWCM trusts are tracked, first filed in 2022, 2023 and 2025, and JWCM reports multifamily acquisitions in San Antonio in 2023 and Atlanta in 2025.

Sponsor-stated figures are as reported by the sponsor.Sources: sec.gov · SEC filing · 2026 · dst.investments · PDF document · 2026 · jwcmllc.com · Web page · Undated · Top1031 sponsor record

Stated investment approach

JWCM describes its approach as situationally opportunistic, built on defensive valuation discipline, the simplification of disorganized capital structures, diligent management and speed, and reports activities spanning asset management and principal investing in debt, equity, real property and real-estate operating companies 3.

Tracked programs and reported acquisitions

Three JWCM Delaware Statutory Trusts are tracked: JWCM Heights West, DST, first filed in 2022; JWCM Republic Alamo Heights, DST, first filed in 2023; and JWCM Vivian, DST, first filed in 2025 4. JWCM reports completing the August 2023 acquisition of Republic at Alamo Heights, a 278-unit multifamily community in San Antonio, Texas, for $47.8 million, and the August 2025 acquisition of The Vivian, a 325-unit apartment community along the Atlanta Beltline, from RangeWater Real Estate and ParkProperty Capital 3.

Show sources (4)Hide sources (4)
  • sec.gov · SEC filing · 2026 ↗ Public recordAug 11, 2026
  • dst.investments · PDF document · 2026 ↗ Sponsor disclosureFeb 1, 2026
  • jwcmllc.com · Web page · Undated ↗ Sponsor disclosure
  • Top1031 sponsor record ↗
Written from SEC filings and cited sources · Updated Aug 23, 2026

JWCM Exchange I track record (3 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
JWCM Vivian, DSTFirst filed 2025No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
JWCM Republic Alamo Heights, DSTFirst filed 2023No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
JWCM Heights West, DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗

JWCM Exchange I news

  1. Feb 9, 2026

    NewStar Exchange Launches DST Offering Tied to Atlanta Multifamily Asset

    AltsWire ↗

  2. Sep 22, 2025

    RangeWater Real Estate and ParkProperty Capital Announce Disposition of The Vivian, a Multifamily Asset in Atlanta

    RangeWater Real Estate ↗

  3. Sep 19, 2025

    RangeWater Sells Atlanta Beltline Project

    Multi-Family Affordable Housing Business ↗

More JWCM Exchange I coverage (5)
  1. Mar 29, 2025

    JWCM Republic Alamo Heights DST: Investment Investigation

    The White Law Group ↗

  2. Apr 30, 2024

    JWCM Heights West DST: Investigating Claims

    The White Law Group ↗

  3. Aug 21, 2023

    JW Capital Buys 278-Unit Apartment Complex in San Antonio

    CoStar / RE News ↗

  4. Aug 18, 2023

    New York real estate investor buys Austin Highway apartments

    San Antonio Business Journal ↗

  5. May 10, 2023

    IPA Arranges Sale of Republic at Alamo Heights in San Antonio

    Institutional Property Advisors (IPA) ↗

Questions about JWCM Exchange I DSTs

Does JWCM Exchange I have DST offerings available now?
JWCM Exchange I’s SEC filings show one active DST offering, with a stated offering size of $46.2M. 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 Oct 28, 2025.
How many DST programs has JWCM Exchange I sponsored?
Top1031 found three JWCM Exchange I programs in SEC Form D filings. The first was filed in 2022. Each is listed in the track record on this page with a link to its SEC filings.
What kind of property does JWCM Exchange I put in its DSTs?
Of the three JWCM Exchange I offering records on Top1031, two are multifamily.
What results has JWCM Exchange I published for its DSTs?
On its Record Card, none of its three 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 JWCM Exchange I offerings?
Use the “Ask a specialist about these offerings” button at the top of JWCM Exchange I’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

  • Cove Capital Investments logoCove Capital Investments18 active · 101 programs on record
  • ExchangeRight logoExchangeRight11 active · 121 programs on record
  • Kingsbarn Realty Capital logoKingsbarn Realty Capital10 active · 87 programs on record
  • Inland Private Capital logoInland Private Capital8 active · 235 programs on record
  • Net Lease Capital Advisors logoNet Lease Capital Advisors8 active · 30 programs on record
  • How to evaluate a DST sponsor →
  • DST due diligence checklist →
  • The largest DST sponsors, from SEC filings →

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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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