DST Sponsors

What Is a DST Sponsor?

A DST sponsor is a real estate investment firm that acquires and manages Delaware Statutory Trust (DST) offerings, providing investors access to institutional-grade properties for 1031 Exchanges. Sponsors play a pivotal role by conducting due diligence to evaluate properties, managing acquisitions, securing financing, and ensuring compliance with IRS and securities regulations. They structure offerings to meet investor needs, facilitating a seamless transition into income-generating real estate. DST sponsors often specialize in sectors such as commercial, healthcare, residential, logistics, and hospitality, tailoring investments to align with diverse investor goals.

Below is a list of popular sponsors whose offerings we frequently feature. Explore their open offerings and gain access to a highly vetted, nationwide directory of DST properties available to investors by visiting the marketplace.

DST Sponsors

AEI

AEI Trust Advisors, Inc. specializes in structuring Delaware Statutory Trust (DST) offerings designed to help investors defer taxes through 1031 Exchanges while gaining exposure to income-generating, net-leased commercial properties. By focusing on property acquisitions that seek to deliver stable returns, AEI ensures tailored investment opportunities for accredited investors. Its parent company, AEI Capital Corporation, has been a pioneer in the 1031 Exchange space, launching the first securitized fractional investment offering in 1992. Recognized nationally for its institutional-grade approach, AEI combines decades of expertise in net lease property ownership with a commitment to creating diverse, income-producing real estate portfolios.

Blue Owl

Blue Owl Real Estate Exchange LLC (OREX), a subsidiary of Blue Owl Capital, specializes in Delaware Statutory Trust (DST) offerings that provide accredited investors with tax-advantaged access to institutional-quality, net-leased real estate. OREX is focused on structuring 1031 Exchange-eligible DST investments designed to deliver potentially stable cash flow, capital preservation, and long-term growth potential through a passive ownership structure. OREX is part of Blue Owl Capital Inc., a global alternative asset manager with over $250 billion in assets under management as of December 31, 2024. Operating across three primary platforms—Credit, GP Strategic Capital, and Real Assets—Blue Owl serves individual investors, institutions, and insurance companies with innovative capital solutions that drive long-term value.

Bluerock Value Exchange

Bluerock Value Exchange specializes in acquiring, managing, and offering DST investment opportunities in core real estate sectors. These include high-demand multifamily properties, office spaces in thriving business districts, and retail centers with robust tenant demand. With a focus on markets exhibiting strong economic and population growth, BVEX aims to provide investors with access to stable and potentially lucrative real estate opportunities.

Cantor Fitzgerald

Cantor Fitzgerald Investors, LLC (CFI), a subsidiary of the renowned global financial services firm Cantor Fitzgerald, LP, stands out as a leader in diversified investment opportunities. Founded in 2016, CFI leverages the 75-year legacy of its parent company, known for innovation in capital markets and a global presence across 22 countries with 160 offices. With expertise in DSTs, opportunity zones, and real estate funds, CFI has raised over $2 billion in equity and manages an expanding portfolio of multifamily, industrial, office, retail, and life sciences assets.

Capital Square

Capital Square 1031, the DST arm of Capital Square, offers tax-deferred 1031 Exchange opportunities through carefully structured real estate investments. With a focus on diverse asset classes like multifamily, office, and industrial properties, Capital Square 1031 provides access to income-generating properties designed for long-term performance. As part of Capital Square, a national real estate firm with over $7.8 billion in transaction volume since 2012, investors benefit from a comprehensive, vertically integrated platform covering acquisition, property management, and asset disposition.

Carter Exchange

Carter Exchange Fund Management Company, LLC (CXFM) is a leading sponsor of Delaware Statutory Trust (DST) investments, focusing on Class A multifamily, industrial, and commercial real estate net leased to creditworthy tenants. Founded in 2019, CXFM is part of the Carter Funds family, which includes Carter Multifamily Fund Management and Aphorio Carter Fund Management. Together, they manage over $3 billion in assets under management as of August 2023.

ExchangeRight

Founded in 2012, ExchangeRight is a real estate investment firm specializing in net-leased assets within the retail and healthcare sectors. The firm manages over $6.1 billion in assets across more than 1,200 properties in 47 states, with a portfolio focused on investment-grade* tenants and necessity-based businesses like Walgreens, Kroger, and Dollar General. ExchangeRight maintains a 99.75% leased portfolio with an average lease term of 7.9 years, ensuring steady cash flow and reliable performance. The firm has demonstrated a strong track record with 100% of rents collected.

Four Springs

Four Springs TEN31 Xchange (FSXchange), a subsidiary of Four Springs Capital Trust (FSCT), structures Delaware Statutory Trust (DST) offerings to provide accredited investors with tax-deferred 1031 Exchange opportunities. FSXchange focuses on offering stable, income-producing real estate investments backed by long-term leases. Its parent company, FSCT, founded in 2012, is a real estate investment trust (REIT) that acquires and manages a diversified portfolio of single-tenant, income-generating commercial properties under triple or double net leases. FSCT strategically targets properties with purchase prices between $5 million and $25 million to minimize competition from larger institutional investors while ensuring portfolio diversification across tenants, industries, geographies, and property types.

Griffin Capital

Griffin Capital’s Delaware Statutory Trust (DST) Program offers investors seeking tax-deferred 1031 Exchange solutions access to institutional-quality real estate assets. By focusing on properties in strategic locations with strong economic and demographic fundamentals, Griffin Capital structures DST offerings designed to provide potential for stable income and long-term appreciation. As part of Griffin Capital Company, LLC, a vertically integrated real estate investment firm that has owned, managed, sponsored, or co-sponsored approximately $23 billion in assets since 1995, investors benefit from a seasoned team with extensive market experience and a commitment to delivering innovative real estate investment solutions.

Hines

Founded in 1957, Hines is a privately held global real estate investment, development, and management firm. With a presence in 30 countries and over $93.2 billion in assets under management, Hines is known for its commitment to excellence, long-term thinking, and forward-looking investment strategies. The firm has a legacy of delivering high-quality real estate across asset classes, from iconic skyscrapers to innovative mixed-use developments. Hines brings institutional discipline to the DST space, seeking to offer investors access to stabilized, income-generating assets backed by deep operational experience and a global footprint. The firm’s integrated platform and emphasis on sustainability and innovation make it a standout among DST sponsors.

IDEAL

IDEAL Capital Group, a private real estate investment firm, specializes in acquiring and repositioning multifamily properties across the Western United States. With decades of experience in real estate development, acquisitions, construction oversight, and asset management, IDEAL has developed or acquired over $1.9 billion in real estate, representing more than 15,000 units. The firm operates over 160 partnerships on behalf of institutional investors and private equity clients.

InCommercial

InCommercial Real Estate stands out as a diversified sponsor and vertically integrated real estate firm with a national footprint. Focused on long-term asset performance and strategic growth, the firm specializes in acquiring, developing, and managing high-visibility properties across the U.S. With a proven track record in single-tenant net lease investments and a deep understanding of retail, healthcare, and government sectors, InCommercial brings institutional-quality solutions to individual investors. What distinguishes InCommercial is its in-house property management and development expertise—providing a streamlined experience from acquisition to ongoing operations. Their proactive, hands-on approach ensures high occupancy, tenant satisfaction, and long-term value creation for their DST investors.

Inland

Inland Private Capital Corporation (IPC), a subsidiary of The Inland Real Estate Group of Companies, Inc., specializes in multiple-owner, tax-focused private placement investments, including Delaware Statutory Trust (DST) 1031 Exchange programs and Qualified Opportunity Zone (QOZ) opportunities across the United States. With over 20 years of experience, IPC has sponsored 313 private placement programs, acquiring more than $17 billion in assets and managing approximately $12.3 billion in assets under management (AUM). As part of The Inland Real Estate Group, one of the nation’s largest commercial real estate and finance groups with over 50 years of experience, investors benefit from a comprehensive platform offering acquisition, asset management, and disposition services.

Invesco

Invesco Real Estate Exchange LLC, a subsidiary of Invesco Real Estate Income Trust Inc., offers DST investment solutions aimed at helping investors defer capital gains taxes through 1031 Exchanges. By providing access to institutional-grade properties across sectors like industrial and cold storage, Invesco’s DST program is designed to balance income potential with long-term asset growth. As part of Invesco, a global asset manager overseeing more than $90 billion in real estate assets, investors gain the advantage of a well-established firm known for its disciplined investment strategy and commitment to value creation.

JLL

JLL Exchange, a specialized platform under JLL Income Property Trust, offers Delaware Statutory Trust (DST) investment opportunities tailored for investors seeking tax-deferred 1031 Exchanges. By leveraging JLL’s extensive experience in managing institutional-quality real estate, JLL Exchange provides access to a diversified portfolio of properties across various sectors, including residential and industrial. As part of JLL, a leading global real estate services firm with operations in over 80 countries and a global workforce of more than 94,000 as of 2023, investors benefit from a robust platform dedicated to delivering long-term, sustainable value.

Livingston

Livingston Street Capital LLC is a multi-strategy real estate investment firm specializing in commercial properties across the United States. Their investment approach focuses on core, core-plus, and opportunistic assets, with a particular emphasis on Active Adult (55+), Independent Living, multifamily, healthcare, office, and industrial sectors. By leveraging their nimble organizational structure, Livingston Street Capital can swiftly adapt to market dynamics, identifying and capitalizing on strategic investment opportunities. The firm has successfully sourced, underwritten, and actively manages a national portfolio exceeding 2,300 Active Adult and Independent Living apartments, along with over 1 million square feet of commercial assets. Their seasoned team has been involved in more than $20 billion in transactions throughout their careers, underscoring their extensive experience and commitment to delivering value to investors.

Madison

Madison Capital Markets, a division of Madison Capital Group, specializes in sponsoring syndicated 1031 Exchange offerings through Delaware Statutory Trusts (DSTs). Focusing on premier exchange properties with value creation potential, they aim to provide stable cash flows to investors. The company’s investment strategy encompasses multifamily and self-storage assets, leveraging the expertise of their affiliate companies, including Madison Communities and Go Store It. As part of Madison Capital Group, a vertically integrated real estate development and investment firm concentrating on multifamily, self-storage, boat and RV storage sectors, investors benefit from a comprehensive platform that manages the entire investment lifecycle.

Moody National Realty Company

Founded in 1996, Moody National is a vertically integrated real estate firm with a national footprint. Headquartered in Houston, Texas, Moody National has developed a reputation for its specialized expertise in hospitality and multifamily properties, providing individual investors with institutional-quality assets through DST structures. With over two decades of experience, Moody National blends hands-on operational capabilities with disciplined investment strategies. Their full-service platform spans acquisitions, asset management, construction, development, and property management, enabling them to control every aspect of the investment lifecycle and align closely with investor interests. Moody National’s track record of performance, deep industry relationships, and commitment to investor transparency make it a trusted name in the DST space.

Net Lease Capital

Net Lease Capital Advisors offers expertly structured Delaware Statutory Trust (DST) investments, providing access to institutional-quality real estate opportunities. With a focus on single-tenant, net-leased properties occupied by investment-grade corporations or U.S. government entities, they aim to provide stable income streams and potential for long-term appreciation. Since its founding in 1996, Net Lease Capital has closed over $14 billion in transactions and currently manages approximately $9.2 billion in assets. Their comprehensive platform encompasses acquisitions, asset management, property management, and advisory services, offering investors a full spectrum of support throughout the investment lifecycle.

NexPoint

NexPoint is a leading alternative investment platform, delivering a diverse range of innovative financial solutions. With a robust foundation in real estate, healthcare, and alternative investment sectors, NexPoint specializes in creating tailored investment opportunities designed to meet evolving market demands. Known for their strategic vision and dedication to excellence, NexPoint offers expertly managed Delaware Statutory Trusts (DSTs) and other products to help investors achieve long-term financial goals.