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Sponsors/Sandlapper Capital Investments
SC

Sandlapper Capital Investments

DST Sponsor · SEC filing history and documented Program outcomes

Website not on record
Sponsor status: dormant. No SEC filing since 2017.No SEC filing since 2017
Public record notes
  • Finra expulsion Affiliated broker-dealer expelled by FINRA in 2020 and its CEO permanently barred
  • Reported not counted SL Enclave West Apartments, DST: exit marked foreclosed on news or aggregator evidence only; reported, not counted. Source ↗ Source 2 ↗ Source 3 ↗
Programs on record4
First filed2014
Active offerings0

Sponsor-reported, from SEC filings and cited sources.

1Record Card2Programs3Offerings4About
Record CardProgramsOfferingsAbout
On this sponsor record
  1. 1Record Card
  2. 2Programs
  3. 3Offerings
  4. 4About
  5. 5Next step
Chapter 1

What is on this sponsor’s Record Card?

Top1031 Sponsor Record Card

Sandlapper Capital Investments

How this letter was decided
NR
NR · Not rated

2 completed sales; 0 losses or impairments; 2 counted Programs. Fewer than three counted Programs. Regulatory record: Affiliated broker-dealer expelled by FINRA in 2020 and its CEO permanently barred (final; scope: not yet established). NR is not a failing grade. A letter needs 3 counted outcomes or 3 documented sales.

Completed sales 2Losses or impairments 0·Counted Programs 2

No documented loss found in searched sources as of Sep 6, 2026.

Programs found in SEC fundraising filings (Form D)
4
Sold, result reported by the sponsor
0
Sold, result not reported by the sponsor
2
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
2
No outcome recorded · under 7 years
0
Share of programs over 3 years old whose status we confirmed
75%

Every count links to a document. If we missed a sale, a reported result or a public record, send it. Evidence changes a Grade.

Submit a correction ↗
Chapter 2

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.

Filter Programs
ProgramSponsor-stated resultCounted as
SL - FL NNN Industrial Portfolio I, DSTFirst filed 2016No sponsor-stated result on record
No public outcome found
Shown with a free account
SL CPCM Apartments, DSTFirst filed 2015Completed sale documented in the cited source. No Sponsor-published investor result is on record. Source ↗
Sold, no result reportedDocument ↗
Shown with a free account
SL Enclave West Apartments, DSTFirst filed 2014The Intelligencer reported on 2021-10-07 that Enclave West, renamed AXIS Edwardsville Student Apartments in 2016, was in receivership and quoted that a bank basically had ownership; the report stated no sale price or investor-return metrics. Source ↗
No public outcome foundDocument ↗
Shown with a free account
SL Water's Edge Apartments, DSTFirst filed 2014Completed sale documented in the cited source. No Sponsor-published investor result is on record. Source ↗
Sold, no result reportedDocument ↗
Shown with a free account
Chapter 3

Active offerings

Classified active by Top1031 from SEC filings. That does not confirm an offering is still available to buy.

No active offerings are on record for this sponsor.

Chapter 4

Who is behind this record?

Sandlapper Capital Investments is a Delaware Statutory Trust sponsor that has operated through a Sandlapper Student Housing platform. Sponsor material describes the firm as founded in 2011 and controlled by Trevor Gordon, and presents Sandlapper Student Housing as a real estate investment firm, student-housing DST sponsor, and property and asset manager. A Form D/A filed with the SEC on January 28, 2015 names Sandlapper Student Housing, LLC as sponsor of the issuer and Sandlapper Capital Investments, LLC as member and manager of that sponsor. An August 2015 sponsor release reported a joint-venture closing on two Macomb, Illinois student-housing properties totaling 639 beds. Top1031 tracks four Sandlapper DST programs first filed from 2014 through 2016.

Sponsor-stated figures are as reported by the sponsor.Sources: Top1031 identity record · JRW Investments · sec.gov · Who's On The Move · finra.org

Firm and sponsorship structure

Sandlapper Capital Investments appears in Top1031's identity record alongside the alias Sandlapper Student Housing1. Material published by JRW Investments states that the firm was founded in 2011 and is controlled by Trevor Gordon2. A Form D/A filed with the SEC on January 28, 2015 for one of the trusts names Sandlapper Student Housing, LLC as sponsor of the issuer and Sandlapper Capital Investments, LLC as member and manager of that sponsor3.

Student-housing acquisition record

A sponsor announcement dated August 3, 2015 describes Sandlapper Student Housing as a real estate investment firm, student-housing DST sponsor, and property and asset manager, and reports that its joint venture closed on two Macomb, Illinois properties totaling 639 beds4.

Tracked DST programs

Top1031's sponsor record covers four Sandlapper DST programs: SL Water's Edge Apartments, DST and SL Enclave West Apartments, DST, both first filed in 2014; SL CPCM Apartments, DST, first filed in 2015; and SL - FL NNN Industrial Portfolio I, DST, first filed in 20161.

Separately, a FINRA disciplinary decision dated November 29, 2018 found that the affiliated broker-dealer Sandlapper Securities, acting through Trevor Gordon and Jack Bixler, charged fraudulent undisclosed markups on fractional saltwater-disposal-well interests, expelling the firm and barring both individuals from association with FINRA members5.

Show sources (5)Hide sources (5)
  • Top1031 identity record ↗Top1031-reviewed source
  • JRW Investments ↗Sponsor disclosure
  • sec.gov ↗Public recordJan 28, 2015
  • Who's On The Move ↗Sponsor disclosureAug 3, 2015
  • finra.org ↗Public recordNov 29, 2018
Written from SEC filings and cited sources · Updated Aug 23, 2026
Chapter 5

What can I do next?

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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 Private Placement Memorandum 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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