TN
Thompson National Properties
13 Programs on record · filing history back to 2009 · 0 classified as raising now
Website not on recordPrograms on record13
First filed2009
Raising now0
Finished with published result0%
Capital-loss alertNone published
Sponsor-reported, from SEC filings and cited sources.
What the record shows
Thompson National Properties, LLC (TNP) was founded in February 2008 to provide real-estate investment and asset-management services to high-net-worth domestic, foreign, and institutional investors, and was owned and managed by Anthony W. Thompson, its chairman and chief executive officer. In a September 5, 2012 announcement, TNP said it had sponsored 10 Delaware statutory trust programs for more than 500 DST investors since late 2008, serving both Section 1031 exchange investors and cash investors, and that a TNP-sponsored DST had acquired a 158-unit Class A apartment community in Evansville, Indiana. Top1031 tracks 13 TNP-affiliated Delaware statutory trusts with first filings from 2009 through 2014.
Sponsor-stated figures are as reported by the sponsor.Evidence 12345
Published Grade summary
Public records track 13 Programs over 17 yrs, all 13 lifecycle-eligible and seasoned. One documented adverse event appears: TNP Spring Gate Plaza, LLC, associated with TNP Spring Gate Plaza DST, filed for Chapter 11 on July 10, 2020, in connection with a scheduled foreclosure sale — bankruptcy-related distress, not a completed foreclosure. The outcome-disclosure ledger shows 5 exits acknowledged without a figure, 0 figures published, and 1 silent, drawn from 24 citations at proof depth 4.
13Programs with an ending or 7+ years of history
1 of 13Programs with a documented problem
0%Finished Programs with a published result
YesPublishes its own track record
Raising money now
Classified active by Top1031 from the SEC filings. That does not confirm an offering is still available to buy.
No active offerings are on record for this sponsor.
How this Grade was computed
The four channels describe the documented public record. The published letter also applies evidence gates, ceilings, and adverse floors.
Four evidence channelsEach channel is scored from 0 to 100, then weighted under the published method.
Read the full methodHarm recordDocumented problems, weighed against everything at stake35% weight
Lifecycle outcomesHow programs old enough to finish actually ended25% weight
Market acceptanceHow each raise went against comparable offerings25% weight
Disclosure candorWhether completed programs come with published results15% weight
Weighted blend35% H + 25% L + 25% R + 15% TThe published result applies the anti-washout ceilings, evidence gates, and adverse floors below after this blend. Top1031 does not publish an intermediate score.
AProven71 and above
BEstablished61–70
CUnproven50–60
DWarning36–49
FAdverseBelow 36
NRNot ratedRecord too small or identity under review
- Ceilings
- The result cannot exceed H + 10 or L + 15, so stronger sales evidence cannot wash out a weaker harm or lifecycle record.
- Evidence gates
- A and B require minimum proof depth, lifecycle history, and channel evidence. A also requires qualifying disclosure coverage.
- Adverse floors
- An Integrity alert sets an F floor. A dominant documented capital loss or multiple independent severe events sets D or lower.
Proof depth71.8Published-outcome coverage0%
- D2026-Q3 · Moved from D. Binding constraints: H below 85; L below 55; T below 60.
- C2026-Q3 · Moved from D. Binding constraints: H below 85; L below 55; published outcome coverage below two-thirds and no reconciled aggregate.
Programs on the record
A Program is the filing-level offering record associated with this sponsor. Published-result figures are shown only with sponsor attribution and adjacent sources.
ProgramFirst filedStatusPublished outcome
Thompson/Post Canyons At West 45th Ave, DSTSEC filing 2011Historical
—Not in the finished-Program ledger
Show all 13 Programs
TNP 121 S. Martin Luther King Blvd., DSTSEC filing 2010Historical
—Not in the finished-Program ledger
Who they are
Written from SEC filings and cited sources
Firm origins and DST platform
Thompson National Properties, LLC was founded in February 2008 to offer real-estate investment and asset-management services to high-net-worth domestic, foreign, and institutional investors, and was owned and managed by Anthony W. Thompson, its chairman and chief executive officer 1. In an announcement dated September 5, 2012, TNP said it had sponsored 10 Delaware statutory trust programs for more than 500 DST investors since late 2008, serving Section 1031 exchange investors alongside cash investors 2.
Program record
The same September 5, 2012 announcement stated that a TNP-sponsored DST had acquired Thompson/Post Reserve Apartments & Townhomes in Evansville, Indiana, a 158-unit Class A townhome-style apartment community situated on 7.55 acres 2. Top1031 tracks 13 TNP-affiliated Delaware statutory trusts whose first SEC filings run from 2009 through 2014: TNP 6700 Santa Monica Boulevard, DST and Thompson/Morgan Baton Rouge I, DST (2009); TNP Irving Square, DST and TNP 121 S. Martin Luther King Blvd., DST (2010); Thompson/Post Ladera Palms, DST, TNP 1265 NW Waterhouse Ave, DST, TNP 3350 Boyington, DST, Thompson/Post Regal Crossing, DST, and Thompson/Post Canyons At West 45th Ave, DST (2011); TNP 3745 Pentagon Blvd DST and Thompson/Post Reserve Apartments, DST (2012); TNP Spring Gate Plaza, DST (2013); and TNP Northgate Boise, DST (2014) 3. A Top1031 validated outcome record classifies the July 10, 2020 exit of TNP Spring Gate Plaza, DST (CIK 1592764) as distressed 4.
In a decision dated March 30, 2015, a FINRA extended hearing panel found Anthony Warren Thompson, TNP's chief executive and sole managing member, and TNP Securities, LLC, TNP's wholly owned subsidiary, liable for material misrepresentations and omissions in securities sales, expelling TNP Securities and barring Thompson from associating with any FINRA member 5.
Show sources (5)Hide sources (5)
- sec.gov ↗Public record
- prnewswire.com ↗Sponsor disclosure
- Top1031 sponsor record ↗Top1031-derived
- Top1031 validated outcome ↗Top1031-reviewed source
- finra.org ↗Public record