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Sponsors/Madison Capital Group
Madison Capital Group logo

Madison Capital Group

DST sponsor · first SEC filing 2019 · madisoncapgroup.com ↗

Active offerings6 →Offering sizes $9.4M–$106.8MPrograms on record20 →SEC Form D filings
First filed2019Earliest Form D on record
Property focusMultifamily 5 · Net lease 411 of 19 with a stated type

Counted by Top1031 from SEC Form D filings · updated Oct 16, 2026 · Record Card evaluated Oct 12, 2026

Sponsor Record Card
NR
NR · Not rated

1 completed sale; 0 losses or impairments; 1 counted Program. Fewer than three counted Programs.

Completed sales: 1
Lost or impaired 0 · Counted Programs 1
See the full cardRead the method

Madison Capital Group has sponsored 20 Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2019, most often multifamily and net lease properties. Today its SEC filings show six active offerings; the newest was first filed on Apr 9, 2026.

1Offerings 62Record Card3Deal practices4About5Track record 206News7Questions8Similar sponsors
Offerings 6Record CardPracticesAboutTrack record 20NewsQuestionsSimilar sponsors
On this sponsor page
  1. 1Offerings 6
  2. 2Record Card
  3. 3Deal practices
  4. 4About
  5. 5Track record 20
  6. 6News
  7. 7Questions
  8. 8Similar sponsors
  9. 9Next step

Madison Capital Group DST offerings (6 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
Example record — amount sold shown
MCG Links Car Wash I, DSTNet lease · Burleson, TXSEC filing, Sep 14, 2026 ↗
$9.4M$100,000
$1.8M
19%Filed Sep 14, 2026
Oct 3, 2025
The HeronMultifamily · Chicago, ILSEC filing, Apr 9, 2026 ↗
$12.6M$500,000
$125k
1%Filed Apr 9, 2026
Apr 9, 2026
Madison Long ShoalsMultifamily · Arden, NCSEC filing, Mar 19, 2026 ↗
$14.0M$100,000
$3.2M
23%Filed Mar 19, 2026
Mar 19, 2026
The Collective at ArcherGainesville, FLSEC filing, Sep 18, 2025 ↗
$31.7M$25,000
Filed Sep 18, 2025
None sold yet
Aug 26, 2025
Fresh Stop II portfolioNet lease · Multi-state (2)SEC filing, Aug 28, 2025 ↗
$13.2M$100,000
Filed Aug 28, 2025
None reported
Aug 28, 2025
Madison WaterstarMultifamily · Kissimmee, FLSEC filing, Aug 13, 2025 ↗
$106.8M$25,000
$1.7M
2%Filed Aug 13, 2025
Aug 13, 2025
Show all 6 active offeringsShow fewer

Open Madison Capital Group in the directory →

Madison Capital Group Record Card

Top1031 Sponsor Record Card

Madison Capital Group

How this letter was decided
NR
NR · Not rated

1 completed sale; 0 losses or impairments; 1 counted Program. Fewer than three counted Programs. NR is not a failing grade. A letter needs 3 counted outcomes or 3 documented sales.

Completed sales 1Losses or impairments 0Counted Programs 1

Of 20 Programs, 1 count toward the Grade: 1 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)
20
Sold, result reported by the sponsor
0
Sold, result not reported by the sponsor
1
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
19
Share of programs over 3 years old whose status we confirmed
22%

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

Submit a correction ↗

How does Madison Capital Group build its deals?

From 2 of Madison Capital Group’s offering documents (Aug 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 tableSelected results only
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 all 2 offerings reviewedNo, in all 2 offerings reviewedYes, in 2 of 2 offerings reviewedNo, in all 2 offerings reviewed
Yes, in all 2 offerings reviewedNo, in all 2 offerings reviewedYes, in 2 of 2 offerings reviewed
Does its own master tenant pay the rent?
Yes, in all 2 offerings reviewedNo, in all 2 offerings reviewedYes, in 2 of 2 offerings reviewedYes, in all 2 offerings reviewed
Yes, in all 2 offerings reviewedNo, in all 2 offerings reviewedYes, in 2 of 2 offerings reviewed
Can investors remove the manager?
Only for cause, in all 2 offerings reviewedNo, in all 2 offerings reviewedOnly for cause, in 2 of 2 offerings reviewedOnly for cause, in all 2 offerings reviewed
Only for cause, in all 2 offerings reviewedNo, in all 2 offerings reviewedOnly for cause, in 2 of 2 offerings reviewed

About Madison Capital Group

Madison Capital Group is a real estate sponsor that says it was founded in 2009 by Ryan Hanks. In a February 2026 announcement the firm described itself as headquartered in Charlotte, North Carolina, with approximately $4 billion in assets under management, acquiring, developing, and operating multifamily, self-storage, recreational-storage, marina, and commercial assets nationwide. Top1031 tracks 15 affiliated Delaware statutory trusts first filed between 2021 and 2026. That February 2026 announcement launched MCG Arden NC Multifamily DST around the 86-unit Madison Long Shoals community in Arden, North Carolina, and on April 20, 2026 the sponsor said Fresh Stop Texas DST was fully subscribed at roughly $13.2 million.

Sponsor-stated figures are as reported by the sponsor.Sources: madisoncapgroup.com · Web page · 2009 · madisoncapgroup.com · Web page · 2026 · madisoncapgroup.com · Web page · 2026 · madisoncapgroup.com · Web page · Undated · Top1031 sponsor record · prnewswire.com · Press release · 2021 · +3 more

Delaware statutory trust programs

Top1031 tracks 15 affiliated Delaware statutory trust programs, running from MCG Asheville DST and MCG Charleston East Bay DST (first filed 2021) through MCG Charlotte Mill House DST, MCG Charleston James Island DST, and Madison Farms DST (2022); Madison Ridge DST, Go Store It Texas DST, and Madison 7 Brew DST (2024); Fresh Stop Texas DST, Fresh Stop II DST, Madison Waterstar Orlando DST, MCG Gainesville FL BTR DST, and MCG Links Car Wash Portfolio I, DST (2025); and MCG Arden NC Multifamily DST and Heron DST Holdings (2026) 5.

Dated program events

On February 23, 2026, the sponsor announced the launch of MCG Arden NC Multifamily DST, comprising Madison Long Shoals at 10 Calm Water Drive in Arden, North Carolina; it said the 86-unit community was completed in 2024 and reached stabilization in 10 months 2. On April 20, 2026, the sponsor announced that Fresh Stop Texas DST had been fully subscribed, reporting approximately $13.2 million raised from investors and applied to four Texas convenience stores for re-imaging as Fresh Stop locations 3.

Operating platform and development record

In a June 2021 release, Madison Capital Group said it had secured a $75 million growth-capital investment through a new partnership with FrontRange Capital Partners 6. On February 5, 2024, Madison Capital and SLI Capital announced that they had purchased a controlling interest in Green Space, a self-storage company whose facility concept uses stacked shipping containers 7. On February 18, 2025, the firm — described in that announcement as the parent company of Go Store It Self-Storage — announced the opening of two Snapbox Self Storage facilities, in North Bergen, New Jersey, and Owings Mills, Maryland 8. On the multifamily side, Madison Capital Group and Madison Communities broke ground on March 27, 2026 on Madison Seagrass, a 234-unit development at 875 FL-16 in St. Augustine, Florida 9.

Show sources (9)Hide sources (9)
  • madisoncapgroup.com · Web page · 2009 ↗ Sponsor disclosureJan 1, 2009
  • madisoncapgroup.com · Web page · 2026 ↗ Sponsor disclosureFeb 23, 2026
  • madisoncapgroup.com · Web page · 2026 ↗ Sponsor disclosureApr 20, 2026
  • madisoncapgroup.com · Web page · Undated ↗ Sponsor disclosure
  • Top1031 sponsor record ↗
  • prnewswire.com · Press release · 2021 ↗ Sponsor disclosureJun 7, 2021
  • madisoncapgroup.com · Web page · 2024 ↗ Sponsor disclosureFeb 5, 2024
  • madisoncapgroup.com · Web page · 2025 ↗ Sponsor disclosureFeb 18, 2025
  • madisoncapgroup.com · Web page · 2026 ↗ Sponsor disclosureMar 27, 2026
Written from SEC filings and cited sources · Updated Sep 2, 2026

Madison Capital Group track record (20 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
Go Store It Greenville Storage DSTFirst filed 2019Completed sale Source ↗
Sold, no result reported
SEC filings ↗
Heron DST HoldingsFirst filed 2026No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
MCG Arden NC Multifamily DSTFirst filed 2026No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Fresh Stop II DSTFirst filed 2025No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Fresh Stop Texas DSTFirst filed 2025No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Madison Waterstar Orlando DSTFirst filed 2025No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
MCG Gainesville FL BTR DSTFirst filed 2025No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
MCG Links Car Wash I, DSTFirst filed 2025No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Go Store It Texas DSTFirst filed 2024No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Madison 7 Brew DSTFirst filed 2024No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Madison Ridge DSTFirst filed 2024No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Go Store It Orlando DSTFirst filed 2023No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAMERON CHARLOTTE INDUSTRIAL DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
CAMERON WAL MART DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Madison Farms DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
MCG Charleston James Island DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
MCG CHARLOTTE MILL HOUSE DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
GO STORE IT HILTON HEAD II DSTFirst filed 2021No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
MCG ASHEVILLE DSTFirst filed 2021No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
MCG CHARLESTON EAST BAY DSTFirst filed 2021No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Show all 20 programsShow fewer

Madison Capital Group news

  1. Aug 25, 2026

    Spotlight: Madison Capital Group and Its DST and Bonus Depreciation Platform

    SQX Alts ↗

  2. Aug 1, 2026

    News - Madison Capital Group

    Madison Capital Group ↗

  3. Aug 1, 2026

    News | Links Car Wash | Elevating your car wash experience

    Links Car Wash ↗

More Madison Capital Group coverage (11)
  1. Jul 16, 2026

    Links Car Wash to open in Porter | New Caney

    Community Impact ↗

  2. Apr 23, 2026

    Fresh Stop acquires 4 convenience stores in Texas and Florida

    CStoreDailyNews (cspdailynews.com) ↗

    Also covered by 2 outlets
    • CStore Dive ↗
    • CSP Daily News ↗
  3. Apr 20, 2026

    Madison Capital Group raises $13.2M for Texas convenience store portfolio

    Dealroom ↗

  4. Apr 20, 2026

    Madison Capital Group Fully Subscribes Fresh Stop Texas DST

    BlueVault Partners ↗

    Also covered by 5 outlets
    • PR Newswire ↗
    • Yahoo Finance (PR Newswire syndication) ↗
    • Madison Capital Group (PR Newswire) ↗
    • Convenience Store News ↗
    • Mobility Plaza ↗
  5. Aug 1, 2026

    Sales report on Madison Long Shoals →

    Nontraded REIT Fundraising Climbs More Than 20% Year-Over-Year Through June

    AltsWire ↗

  6. Jul 30, 2026

    PE Weekly: M&A Roundup for July 24-30, 2026

    ACG Insights (formerly Middle Market Growth) ↗

  7. Jul 27, 2026

    Links Car Wash to Acquire Woodie's Wash Shack, Creating One of the Southeast's Largest and Fastest-Growing Express Car Wash Operators

    citybiz ↗

    Also covered by 6 outlets
    • Professional Carwashing & Detailing ↗
    • MobilityPlaza ↗
    • Woodie's Wash Shack (press release) ↗
    • Links Car Wash (sponsor-site) ↗
    • Auto Laundry News ↗
    • Car Wash Biz News ↗
  8. Jul 27, 2026

    Woodie's Wash Shack sells to private equity-backed rival

    Tampa Bay Business Journal ↗

    Also covered by 1 outlet
    • Tampa Bay Business & Wealth Magazine ↗
  9. Jul 22, 2026

    Webinar: Exploring Bonus Depreciation—Car Wash and Convenience Opportunity Fund

    AltsWire ↗

  10. Jul 7, 2026

    Madison Capital Launches $36M OZ Fund for Reno Hotel Redevelopment

    Connect Money ↗

  11. Jun 29, 2026

    Madison Capital Group Announces Car Wash & Convenience Opportunity Fund Available on iCapital® Marketplace

    Madison Capital Group (via Yahoo Finance) ↗

Questions about Madison Capital Group DSTs

Does Madison Capital Group have DST offerings available now?
Madison Capital Group’s SEC filings show six active DST offerings, with stated offering sizes from $9.4M to $106.8M. 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 Apr 9, 2026.
How many DST programs has Madison Capital Group sponsored?
Top1031 found 20 Madison Capital Group programs in SEC Form D filings. The first was filed in 2019. Each is listed in the track record on this page with a link to its SEC filings.
What kind of property does Madison Capital Group put in its DSTs?
Of the 19 Madison Capital Group offering records on Top1031, five are multifamily, four net lease and two self-storage.
What is the minimum investment for Madison Capital Group DSTs?
Minimum investments on its active offerings range from $25,000 to $500,000, as shown on each offering’s page.
What results has Madison Capital Group published for its DSTs?
On its Record Card, none of its 20 programs sold with a result reported by the sponsor yet. Of the rest, one sold without a result reported by the sponsor. Sponsor-stated figures are as reported by the sponsor; Top1031 does not compute or estimate returns.
How do I ask about Madison Capital Group offerings?
Use the “Ask a specialist about these offerings” button at the top of Madison Capital Group’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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Active and closed offerings, built from SEC filings. Sponsors graded A–F under one published method. Free.

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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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