JWCM Exchange I
DST Sponsor · SEC filing history and documented Program outcomes
jwcapitalmanagement.comPrograms on record3
First filed2022
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 decidedJWCM Exchange I
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)
- 3
- Share of programs over 3 years old whose status we confirmed
- 0%
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
JWCM Vivian, DSTFirst filed 2025No sponsor-stated result on record Source
No outcome recorded · under 7 yearsDocument
JWCM Republic Alamo Heights, DSTFirst filed 2023No sponsor-stated result on record Source
No outcome recorded · under 7 yearsDocument
JWCM Heights West, DSTFirst filed 2022No sponsor-stated result on record Source
No outcome recorded · under 7 yearsDocument
Active offerings
Classified active by Top1031 from SEC filings. That does not confirm an offering is still available to buy.
PropertyOffering sizeAmount soldStatus☆
The VivianSEC filing, Aug 11, 2026
$21.1M
Filed Aug 11, 2026
Availability unconfirmed
Who is behind this record?
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 · JWCM Exchange I / JWCM · JW Capital Management · Top1031 sponsor record
Sponsor and management
JWCM Exchange I, LLC is identified as the sponsor of the issuer JWCM Vivian, DST, and Jason Warsavsky signed as president of the sponsor on August 11, 20261. Program material for that trust names Jesselson Warsavsky Capital Management, LLC (JWCM) as manager of the sponsor and describes JWCM as 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 situations2.
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 companies3.
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 20254. 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 Capital3.
Show sources (4)Hide sources (4)
- sec.gov ↗Public record
- JWCM Exchange I / JWCM ↗Sponsor disclosure
- JW Capital Management ↗Sponsor disclosure
- Top1031 sponsor record ↗Top1031-derived
Written from SEC filings and cited sources
JWCM Exchange I in the news
More sponsor coverage (5)
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