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Sponsors/Trilogy Real Estate Group
TR

Trilogy Real Estate Group

DST sponsor · first SEC filing 2020

Active offerings0None in current SEC filings
Programs on record4 →SEC Form D filings
First filed2020Earliest Form D on record
Property focusMultifamily 11 of 4 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

0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs.

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

Trilogy Real Estate Group has sponsored four Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2020. None of its offerings is active in SEC filings today; its most recent Form D was first filed in 2022.

1Offerings2Record Card3About4Track record 45News6Questions7Similar sponsors
OfferingsRecord CardAboutTrack record 4NewsQuestionsSimilar sponsors
On this sponsor page
  1. 1Offerings
  2. 2Record Card
  3. 3About
  4. 4Track record 4
  5. 5News
  6. 6Questions
  7. 7Similar sponsors
  8. 8Next step

Trilogy Real Estate Group 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 Trilogy Real Estate Group

No active offerings are on record for this sponsor.

Trilogy Real Estate Group Record Card

Top1031 Sponsor Record Card

Trilogy Real Estate Group

How this letter was decided
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

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.

No documented loss found in searched sources as of Oct 12, 2026.

Programs found in SEC fundraising filings (Form D)
4
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
3
Share of programs over 3 years old whose status we confirmed
25%

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

Submit a correction ↗

About Trilogy Real Estate Group

Trilogy Real Estate Group is a multifamily real estate investment, development, and management firm that describes itself as multi-award-winning and reports more than $5.5 billion in real estate transactions, over 20 years of operating experience, and activity across 14 U.S. cities. Top1031 tracks four Trilogy-sponsored Delaware statutory trusts, first filed between 2020 and 2022: Trilogy Riverset Multifamily DST, Park 205 Multifamily DST, Lansing MI Multifamily DST, and Franklin WI Multifamily DST. On March 24, 2025, Trilogy announced that the Franklin WI DST was fully subscribed, with roughly $58.5 million of equity and $43.1 million of debt used to acquire the 265-unit Velo Village Apartments in Franklin, Wisconsin.

Sponsor-stated figures are as reported by the sponsor.Sources: trilogyreg.com · Web page · Undated · trilogyreg.com · Web page · 2026 · Top1031 sponsor record · prnewswire.com · Press release · 2025 · greystar.com · Web page · 2025 · prweb.com · Press release · 2025

Delaware statutory trust programs

Top1031 tracks four Trilogy-sponsored Delaware statutory trusts: Trilogy Riverset Multifamily DST, first filed in 2020; Park 205 Multifamily DST in 2021; and Lansing MI Multifamily DST and Franklin WI Multifamily DST, both in 2022 3.

Franklin WI Multifamily DST and Velo Village

On March 24, 2025, Trilogy announced that Trilogy Franklin WI Multifamily DST had been fully subscribed, reporting that approximately $58.5 million of equity and $43.1 million of debt financing were used to acquire Velo Village Apartments, a 265-unit Class A multifamily community in Franklin, Wisconsin 4.

2025 management and portfolio transactions

On March 25, 2025, Trilogy and Greystar announced an exclusive strategic partnership under which Greystar would assume management of Trilogy's properties under a white-label structure. The announcement stated that Trilogy would continue operations under Greystar's portfolio while pursuing new development opportunities, with chief operating officer Girish Gehani remaining involved as a strategic advisor 5. On April 10, 2025, Trilogy announced the sale of an 11-property multifamily portfolio spanning eight states and totaling more than 3,000 apartment homes to Morgan Properties 6.

Show sources (6)Hide sources (6)
  • trilogyreg.com · Web page · Undated ↗ Sponsor disclosure
  • trilogyreg.com · Web page · 2026 ↗ Sponsor disclosureJan 1, 2026
  • Top1031 sponsor record ↗
  • prnewswire.com · Press release · 2025 ↗ Sponsor disclosureMar 24, 2025
  • greystar.com · Web page · 2025 ↗ Sponsor disclosureMar 25, 2025
  • prweb.com · Press release · 2025 ↗ Sponsor disclosureApr 10, 2025
Written from SEC filings and cited sources · Updated Aug 23, 2026

Trilogy Real Estate Group 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.

Filter by Record Card line
ProgramResult on recordCounted asFiling
Lansing MI Multifamily DSTFirst filed 2022Completed sale Source ↗
Sold, no result reported
SEC filings ↗
Franklin WI Multifamily DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Park 205 Multifamily DSTFirst filed 2021No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
Trilogy Riverset Multifamily DSTFirst filed 2020No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗

Trilogy Real Estate Group news

  1. Jul 28, 2026

    Park 205 Multifamily DST sold in April 2025

    Event: Apr 2025 · Top1031

  2. Jul 26, 2026

    Lansing MI Multifamily DST sold in April 2025

    Event: Apr 2025 · Top1031

  3. Mar 24, 2025

    Trilogy Real Estate Group Fully Subscribes Luxury Multifamily DST Offering Near Milwaukee

    PR Newswire ↗

    Also covered by 1 outlet
    • AltsWire ↗
More Trilogy Real Estate Group coverage (2)
  1. May 11, 2022

    Velo Village provides Franklin residents with options for their active living lifestyles

    The Daily Reporter ↗

  2. Nov 1, 2021

    Trilogy Real Estate Group Completes DST Offering of Class A Multifamily Property outside Chicago

    Trilogy Real Estate Group / PR Newswire ↗

Questions about Trilogy Real Estate Group DSTs

Does Trilogy Real Estate Group have DST offerings available now?
None of Trilogy Real Estate Group’s offerings is active in SEC filings today. Its most recent Form D was first filed in 2022.
How many DST programs has Trilogy Real Estate Group sponsored?
Top1031 found four Trilogy Real Estate Group programs in SEC Form D filings. The first was filed in 2020. Each is listed in the track record on this page with a link to its SEC filings.
What kind of property does Trilogy Real Estate Group put in its DSTs?
Of the four Trilogy Real Estate Group offering records on Top1031, one is multifamily.
What results has Trilogy Real Estate Group published for its DSTs?
On its Record Card, none of its four 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 Trilogy Real Estate Group offerings?
Use the “Ask a 1031 specialist about Trilogy Real Estate Group” button at the top of Trilogy Real Estate 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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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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