Delaware Statutory Trust (DST) Questions

A Delaware Statutory Trust is a legal entity created under Delaware law that allows multiple investors to hold fractional ownership interests in institutional-quality real estate assets. DSTs are structured as passive investments — meaning investors receive income distributions without any landlord or management responsibilities. They qualify as like-kind property for 1031 exchange purposes and are available exclusively to accredited investors.

DST properties typically include institutional-quality assets such as multifamily apartment communities, net-lease retail properties, industrial warehouses, medical office buildings, and self-storage facilities. These are assets that individual investors would rarely be able to access on their own.

DSTs are illiquid investments — there is no public market for DST interests, and investors should expect to hold for the full investment term (typically 5–10 years). Returns are not guaranteed, and the value of the underlying real estate can fluctuate. DSTs are not suitable for all investors. We strongly recommend reviewing the full offering documents and consulting with a qualified financial and tax advisor before investing.

Minimum investment amounts vary by offering but typically range from $25,000 to $100,000. For 1031 exchange investors, the full exchange equity must be reinvested to achieve full tax deferral.

We’re happy to walk through any of these topics in more detail during a complimentary consultation. Every investor’s situation is different — and the right strategy depends on your goals, timeline, and tax picture.

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