Keystone 1031
DST sponsorfirst SEC filing 2021
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.
Keystone 1031 has sponsored four Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2021. None of its offerings is active in SEC filings today; its most recent Form D was first filed in 2023.
Keystone 1031 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 Keystone 1031No active offerings are on record for this sponsor.
Keystone 1031 Record Card
Keystone 1031
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 4 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)
- 4
- Share of programs over 3 years old whose status we confirmed
- 0%
About Keystone 1031
Keystone 1031 is the Delaware statutory trust program line of Keystone National Properties, which states it was founded in 2016 by Mike Packman and sponsors and manages real estate and other direct-investment opportunities. Its documented record is in single-tenant, net-leased commercial property. In December 2021 the sponsor announced the purchase of six net-leased essential-retail properties for a DST portfolio, and in April 2022 it announced that inaugural Net Leased Portfolio DST, stated at $28,775,000, had been fully subscribed. A February 2022 purchase of eight net-leased properties across seven states for $35,650,000 formed Portfolio II, which the sponsor reported fully subscribed in August 2022.
Sponsor-stated figures are as reported by the sponsor.Sources: knpre.com · Web page · 2016 · Top1031 sponsor record · prnewswire.com · Press release · 2021 · 0e190a550a8c4c8c4b93-fcd009c875a5577fd4fe2f5b7e3bf4eb.ssl.cf2.rackcdn.com · Press release · 2022 · prnewswire.com · Press release · 2022 · knpre.com · Web page · 2022
Acquisitions and completed offerings
On December 2, 2021, the sponsor announced the acquisition of six net-leased essential-retail properties for a DST portfolio 3. On April 3, 2022, Keystone 1031 announced that this inaugural Net Leased Portfolio DST offering, stated at $28,775,000, had been fully subscribed 4.
The second program followed the same net-lease strategy at larger scale. On February 3, 2022, the sponsor reported a $35,650,000 acquisition of eight single-tenant, net-leased properties for Keystone 1031 Net Leased Portfolio II, totaling more than 62,000 square feet across seven states and carrying a reported 11.29-year weighted-average lease term 5. On August 7, 2022, Keystone National Properties reported that Portfolio II, launched in January 2022, had been fully subscribed with $17.7 million raised from accredited investors 6.
Show sources (6)Hide sources (6)
- knpre.com · Web page · 2016 ↗ Sponsor disclosure
- Top1031 sponsor record ↗
- prnewswire.com · Press release · 2021 ↗ Sponsor disclosure
- 0e190a550a8c4c8c4b93-fcd009c875a5577fd4fe2f5b7e3bf4eb.ssl.cf2.rackcdn.com · Press release · 2022 ↗ Sponsor disclosure
- prnewswire.com · Press release · 2022 ↗ Sponsor disclosure
- knpre.com · Web page · 2022 ↗ Sponsor disclosure
Keystone 1031 track record (4 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.
Keystone 1031 news
More Keystone 1031 coverage (5)
Questions about Keystone 1031 DSTs
- Does Keystone 1031 have DST offerings available now?
- None of Keystone 1031’s offerings is active in SEC filings today. Its most recent Form D was first filed in 2023.
- How many DST programs has Keystone 1031 sponsored?
- Top1031 found four Keystone 1031 programs in SEC Form D filings. The first was filed in 2021. Each is listed in the track record on this page with a link to its SEC filings.
- What kind of property does Keystone 1031 put in its DSTs?
- Of the four Keystone 1031 offering records on Top1031, one is industrial and one office.
- What results has Keystone 1031 published for its DSTs?
- On its Record Card, none of its four 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 Keystone 1031 offerings?
- Use the “Ask a 1031 specialist about Keystone 1031” button at the top of Keystone 1031’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.
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