What is the average full-cycle return on a DST?

Across 653 completed (full-cycle) DST and 1031 programs in Baker 1031's research set, investors realized an average annualized return of 14.95% and a 1.46× equity multiple over a 4.7 yrs average hold, with a 96.5% success rate. Past performance does not guarantee future results.

How do Baker 1031's preferred sponsors compare to the overall market?

Baker 1031's preferred sponsors have completed 552 full-cycle programs averaging a 20.76% annual return, a 1.53× equity multiple, a 3.6 yrs hold, and a 98.1% success rate — higher than the all-platform averages of 14.95%, 1.46×, 4.7 yrs, and 96.5%.

Which DST property sectors have the highest current yields?

By average current going-in distribution, Oil & Gas Mineral / Royalty leads at 9.60%, while Office is the lowest income-producing sector at 2.79%. Land is appreciation-only and pays no current yield.

What does "full-cycle" mean for a DST investment?

A full-cycle program is one that has been acquired, held, and sold (realized), so its actual investor return can be measured rather than projected.

How many DST sponsors and sectors does Baker 1031 track?

Baker 1031's data set covers 4 sponsors across 14 property sectors.

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The Baker 1031 Difference Is Data

DST Market Data Center

Independent, transparent performance data for the securitized 1031 market — aggregated full-cycle track records, sponsor-by-sponsor results, and current-yield benchmarks across every property sector we cover.

Data as ofQ2 2026

Cohort

Full-Cycle Programs653Completed & sold DST/1031 offerings tracked

Avg. Annual Return14.95%Realized, net-to-investor, annualized

Avg. Equity Multiple1.46×Total equity returned ÷ invested

Avg. Hold Period4.7 yrsAcquisition to full-cycle disposition

Success Rate96.5%Programs meeting or exceeding projections

Coverage4Sponsors tracked across 14 property sectors

Across 653 completed (full-cycle) DST and 1031 programs in Baker 1031's research set, investors realized an average 14.95% annualized return and a 1.46× equity multiple over a 4.7 yrs average hold, with 96.5% of programs meeting or exceeding their distribution projections.

Sponsor Full-Cycle Performance

Realized results · by sponsor

The table reports realized, full-cycle results for sponsors with at least one completed program, ranked by deal count. "Preferred" denotes sponsors on Baker 1031's curated platform, which collectively show higher returns and success rates than the market as a whole. “Preferred” is Baker 1031's own designation — not an endorsement, recommendation, or guarantee of any security or of future performance — and may reflect business relationships. Past performance does not predict future results.

Average Annual Return by Sponsor

Full-cycle · realized

Sponsor full-cycle track records (realized, net-to-investor)
Sponsor	AUM	Full-Cycle Deals	Avg. Annual Return	Equity Multiple	Avg. Hold	Success Rate	Platform
Peachtree Group	$15.0B	382	36.07%	1.54×	2.4 yrs	97.12%	Preferred
Bluerock	$19.5B	130	20.78%	1.67×	3.9 yrs	95.38%	Preferred
Passco	$8.7B	56	10.89%	1.21×	6.3 yrs	100.00%	—
ExchangeRight	$7.2B	35	8.55%	1.45×	5.3 yrs	100.00%	Preferred
Capital Square	$6.0B	34	9.05%	1.54×	5.8 yrs	94.12%	—
Apollo	$938B	7	9.37%	1.47×	—	85.71%	—
Griffin Capital	$17.0B	5	17.64%	1.47×	2.9 yrs	100.00%	Preferred
Starboard	$608M	4	7.27%	1.35×	6.1 yrs	100.00%	—
Invesco	$2.25T	—	—	—	—	—	—
Sealy	$8.2B	—	—	—	—	—	—
HPA Exchange	$580M	—	—	—	—	—	—
VENU	$150M	—	—	—	—	—	—

Sponsors shown with "—" are tracked but have not yet reported completed full-cycle programs. AUM reflects the sponsor's broader platform, not the DST program alone.

Full-Cycle Realized Deals

Deal-level · realized, net-to-investor

Individual realized (acquired, held, and sold) DST, TIC, and fund programs compiled across sponsors — 542 in all. Blank metrics indicate programs (for example, REIT roll-ups) for which deal-level returns were not publicly reported. Net-to-investor where reported. Past performance does not guarantee future results.

Showing 542 of 542

Full-cycle realized deals (net-to-investor where reported)
Investment	Sponsor	Location	Asset Class	Hold	Equity Multiple	Avg. Annual Return
Aaron's	AEI	Muscle Shoals, AL	Net Lease	17.6 yr	0.79×	2.96%
Applebee's	AEI	Virginia Beach, VA	Net Lease	2.5 yr	1.19×	11.22%
Applebee's	AEI	Crestview Hills, KY	Net Lease	9.4 yr	1.87×	9.35%
Applebee's	AEI	Aurora, CO	Net Lease	11.9 yr	2.20×	9.98%
Applebee's	AEI	Destin, FL	Net Lease	10.9 yr	1.88×	9.24%
Applebee's	AEI	Temple Terrace, FL	Net Lease	14.2 yr	2.58×	10.24%
Applebee's	AEI	Middletown, OH	Net Lease	14.1 yr	2.39×	9.55%
Arby's	AEI	Homewood, AL	Net Lease	17.9 yr	1.61×	6.65%
BJ's Restaurant & Brewhouse / Champps	AEI	Livonia, MI	Net Lease	17.3 yr	1.73×	6.57%
Carino's	AEI	El Paso, TX	Net Lease	5.9 yr	0.64×	2.25%
Carino's	AEI	McAllen, TX	Net Lease	10.3 yr	1.05×	5.46%
Carino's	AEI	Austin, TX	Net Lease	12.3 yr	1.72×	7.46%
Carino's	AEI	Irving, TX	Net Lease	10.3 yr	1.19×	4.85%
Carino's	AEI	Lakewood, CO	Net Lease	14.1 yr	1.33×	6.26%
Carino's	AEI	Mansfield, TX	Net Lease	10.5 yr	0.92×	3.77%
Carino's	AEI	Longview, TX	Net Lease	10.2 yr	0.86×	3.98%
Carino's	AEI	Pharr, TX	Net Lease	15.3 yr	1.33×	4.93%
Carino's	AEI	Victoria, TX	Net Lease	16.4 yr	1.58×	5.93%
Carmax	AEI	Lithia Springs, GA	Net Lease	6.3 yr	1.44×	5.99%
Cash America	AEI	Covington, LA	Net Lease	17.6 yr	1.32×	4.30%
Champps	AEI	Utica, MI	Net Lease	9.7 yr	0.64×	4.21%
Champps	AEI	Centerville, OH	Net Lease	11.8 yr	0.82×	5.43%
Champps	AEI	Lyndhurst, OH	Net Lease	17.2 yr	1.02×	5.78%
Champps	AEI	Schaumburg, IL	Net Lease	15.2 yr	1.48×	6.10%
Champps	AEI	Columbus (Easton), OH	Net Lease	15.5 yr	1.85×	8.14%
Champps	AEI	Columbus (Crosswood), OH	Net Lease	19.6 yr	1.36×	6.46%
Chateau Elite	AEI	Mundelein, IL	Net Lease	18.2 yr	1.96×	7.05%
Chi-Chi's	AEI	Appleton, WI	Net Lease	8.3 yr	1.45×	5.47%
Fuddruckers	AEI	Thornton, CO	Net Lease	10.7 yr	1.24×	8.88%
Garden Ridge	AEI	Conroe, TX	Net Lease	2.9 yr	1.08×	6.59%
Gingham's	AEI	St. Charles, MO	Net Lease	23.3 yr	2.27×	9.18%
Hollywood Video	AEI	Saraland, AL	Net Lease	10.4 yr	1.27×	6.76%
HomeTown Buffet	AEI	Albuquerque, NM	Net Lease	20.2 yr	1.64×	6.15%
Jared	AEI	Hazelwood, MO	Net Lease	15.7 yr	1.22×	6.86%
KinderCare	AEI	Ballwin, MO	Net Lease	8.8 yr	1.45×	7.15%
KinderCare	AEI	Ft. Worth, TX	Net Lease	20.1 yr	2.74×	7.39%
KinderCare / Children's World	AEI	De Pere, WI	Net Lease	14.8 yr	1.89×	7.58%
KinderCare / Children's World	AEI	West Bridgewater, MA	Net Lease	14 yr	1.83×	7.08%
KinderCare / Children's World	AEI	Colorado Springs, CO	Net Lease	15.3 yr	2.05×	7.96%
KinderCare / Children's World	AEI	Monument, CO	Net Lease	12.5 yr	1.35×	7.33%
KinderCare / Children's World	AEI	Houston, TX	Net Lease	14.6 yr	2.23×	7.71%
KinderCare / Children's World	AEI	Twinsburg, OH	Net Lease	14.7 yr	2.13×	7.34%
Marie Callender's	AEI	Gresham, OR	Net Lease	12.9 yr	1.10×	4.75%
Mimi's Café	AEI	Kansas City, MO	Net Lease	11.8 yr	1.04×	5.15%
Rio Bravo	AEI	St. Paul, MN	Net Lease	9.8 yr	1.67×	5.49%
Rite Aid	AEI	Cicero, NY	Net Lease	19.2 yr	1.25×	5.20%
Taco Cabana	AEI	Waco, TX	Net Lease	13.9 yr	2.53×	9.75%
Taco Cabana	AEI	San Antonio, TX	Net Lease	13.2 yr	2.13×	9.96%
Timber Lodge	AEI	Rochester, MN	Net Lease	10.1 yr	1.21×	6.83%
Timber Lodge	AEI	St. Cloud, MN	Net Lease	13.6 yr	1.21×	5.78%
Tractor Supply	AEI	Bristol, VA	Net Lease	22.9 yr	3.49×	9.46%
Tumbleweed	AEI	Chillicothe, OH	Net Lease	9.2 yr	1.62×	8.81%
Tumbleweed	AEI	Columbus, OH	Net Lease	11.2 yr	1.43×	7.42%
U-Like Buffet / HomeTown Buffet	AEI	Tucson, AZ	Net Lease	23.3 yr	1.74×	5.91%
Winn Dixie	AEI	Panama City, FL	Net Lease	17.1 yr	1.76×	6.20%
Southwest Colonial, DST	Blue Door	TX	Self-Storage	—	—	—
USA Self Storage I, DST	Blue Door	GA, NC, TX	Self-Storage	—	—	—
23Hundred Berry Hill	Bluerock	Nashville, TN	Multifamily	2.3 yr	1.88×	43.70%
Alamance Reserve	Bluerock	Burlington, NC	Multifamily	4.2 yr	1.03×	6.90%
Alexan City Centre	Bluerock	Houston, TX	Multifamily	7.6 yr	0.78×	-6.47%
Alexan Southside Place	Bluerock	Houston, TX	Multifamily	6.2 yr	0.55×	-16.80%
Ansley Village	Bluerock	Macon, GA	Multifamily	5.6 yr	1.37×	8.40%
Arbor Terrace	Bluerock	Marietta, GA	Multifamily	2.8 yr	1.27×	7.80%
Arium Glenridge	Bluerock	Atlanta, GA	Multifamily	6 yr	2.69×	22.35%
Arium Grandewood	Bluerock	Orlando, FL	Multifamily	5.2 yr	3.61×	24.40%
Arium Hunters Creek	Bluerock	Orlando, FL	Multifamily	5 yr	3.49×	32.36%
Arium Metrowest	Bluerock	Orlando, FL	Multifamily	5 yr	1.06×	28.18%
Arium Palms Gateway	Bluerock	Orlando, FL	Multifamily	4.1 yr	1.57×	13.70%
Arium Westside	Bluerock	Atlanta, GA	Multifamily	6.3 yr	2.53×	19.62%
Arlo	Bluerock	Charlotte, NC	Multifamily	4.8 yr	1.47×	6.00%
Artisan on 18th	Bluerock	Nashville, TN	Multifamily	2.3 yr	2.12×	35.20%
Ashford Belmar	Bluerock	Lakewood, CO	Multifamily	3.9 yr	2.55×	29.44%
Ashton Reserve	Bluerock	Charlotte, NC	Multifamily	4.8 yr	1.71×	13.80%
Avenue 25	Bluerock	Phoenix, AZ	Multifamily	2.8 yr	2.97×	51.93%
Avondale Hills	Bluerock	Atlanta, GA	Multifamily	1.1 yr	1.19×	12.08%
Axis West	Bluerock	Orlando, FL	Multifamily	4.3 yr	1.28×	9.80%
Beach House	Bluerock	Jacksonville, FL	Multifamily	5.5 yr	1.65×	11.50%
Belmont Crossing	Bluerock	Smyrna, GA	Multifamily	2 yr	1.22×	11.39%
Big Creek	Bluerock	Alpharetta, GA	Multifamily	4.2 yr	1.43×	11.10%
CADE Boca Raton	Bluerock	Boca Raton, FL	Multifamily	4.1 yr	1.32×	1.00%
Carrington Park Apartments	Bluerock	Morrisville, NC	Multifamily	1.8 yr	2.19×	69.61%
Chace Lake Villas	Bluerock	Birmingham, AL	Multifamily	5.5 yr	1.40×	8.10%
Chattahoochee Ridge	Bluerock	Atlanta, GA	Multifamily	2.9 yr	2.12×	33.06%
Chevy Chase	Bluerock	Austin, TX	Multifamily	2.3 yr	2.10×	52.40%
Cielo on Gilbert	Bluerock	Phoenix, AZ	Multifamily	1.8 yr	4.27×	140.23%
Citrus Tower	Bluerock	Clermont, FL	Multifamily	5.1 yr	3.48×	31.31%
Clearwater	Bluerock	Clearwater, FL	Multifamily	6.9 yr	1.87×	14.70%
CoHo House	Bluerock	Atlanta, GA	Multifamily	3.4 yr	1.26×	-3.10%
Cottages at Myrtle Beach	Bluerock	Myrtle Beach, SC	Multifamily	3.9 yr	1.57×	14.80%
Cottages at Port St. Lucie	Bluerock	Port St. Lucie, FL	Multifamily	4 yr	1.60×	14.80%
Creekside Village	Bluerock	Chattanooga, TN	Multifamily	4 yr	2.27×	14.80%
Deercross Apartments	Bluerock	Indianapolis, IN	Multifamily	1.3 yr	1.14×	11.31%
Deerwood Apartments	Bluerock	Houston, TX	Multifamily	1.3 yr	1.09×	11.77%
Denim	Bluerock	Scottsdale, AZ	Multifamily	3.3 yr	3.24×	52.78%
Domain at the One Forty	Bluerock	Garland, TX	Multifamily	6.4 yr	2.00×	12.89%
Elan Apartments	Bluerock	Austin, TX	Multifamily	1.8 yr	2.23×	76.75%
Element	Bluerock	Las Vegas, NV	Multifamily	3.3 yr	3.25×	48.93%
Encore Chandler Development	Bluerock	Chandler, AZ	Multifamily	1.8 yr	1.30×	55.24%
Enders Place	Bluerock	Orlando, FL	Multifamily	7.7 yr	1.96×	19.40%
EOS	Bluerock	Orlando, FL	Multifamily	2.5 yr	1.77×	26.60%
Estates at Perimeter	Bluerock	Augusta, GA	Multifamily	4.2 yr	1.25×	2.50%
Falls at Forsyth	Bluerock	Cumming, GA	Multifamily	2.8 yr	0.90×	29.68%
Four Corners	Bluerock	Orlando, FL	Multifamily	3.4 yr	1.66×	22.40%
Fox Hill	Bluerock	Austin, TX	Multifamily	2 yr	1.62×	19.20%
Georgetown Crossing	Bluerock	Savannah, GA	Multifamily	2.3 yr	1.22×	11.38%
Glenwood	Bluerock	Atlanta, GA	Multifamily	5.7 yr	1.38×	6.90%
Grand at Westside	Bluerock	Kissimmee, FL	Multifamily	4.5 yr	1.55×	15.20%
Grand Dominion	Bluerock	San Antonio, TX	Multifamily	4.9 yr	1.38×	11.60%
Grove at Waterford	Bluerock	Hendersonville, TN	Multifamily	2.6 yr	1.34×	35.00%
Gulfshore Apartment Homes	Bluerock	Naples, FL	Multifamily	6.8 yr	1.16×	27.51%
Helios	Bluerock	Atlanta, GA	Multifamily	4.7 yr	1.89×	6.40%
Hillsboro	Bluerock	Nashville, TN	Multifamily	3 yr	2.19×	25.10%
Hunter's Pointe	Bluerock	Pensacola, FL	Multifamily	1.8 yr	1.20×	11.41%
Indian Springs	Bluerock	El Paso, TX	Multifamily	4.1 yr	0.98×	-0.50%
James on South First	Bluerock	Austin, TX	Multifamily	4.3 yr	1.91×	17.40%
Jefferson Place	Bluerock	Frederick, MD	Multifamily	7 yr	1.57×	8.40%
Lansbrook	Bluerock	Palm Harbor, FL	Multifamily	3.1 yr	1.85×	16.40%
Leigh House	Bluerock	Raleigh, NC	Multifamily	3.7 yr	1.94×	8.70%
Lower Broadway	Bluerock	San Antonio, TX	Multifamily	1.2 yr	1.30×	98.50%
Lynd Portfolio (Mesa Ridge / Meadows / Stratford)	Bluerock	San Antonio & Austin, TX	Multifamily	3 yr	1.91×	17.50%
Marquis Portfolio (Stone Oak / Crown Ridge / TPC / Cascades)	Bluerock	San Antonio & Tyler, TX	Multifamily	2.8 yr	1.42×	12.60%
MDA City	Bluerock	Chicago, IL	Multifamily	4.5 yr	2.32×	19.90%
Meadowmont	Bluerock	Chapel Hill, NC	Multifamily	3.5 yr	2.41×	24.50%
Mesa Ridge	Bluerock	San Antonio, TX	Multifamily	5.7 yr	1.53×	9.60%
Mira Vista	Bluerock	Austin, TX	Multifamily	1.8 yr	1.21×	10.41%
Motif	Bluerock	Fort Lauderdale, FL	Multifamily	6.3 yr	1.68×	8.27%
Navigator Villas	Bluerock	Pasco, WA	Multifamily	4.7 yr	2.16×	14.81%
North Park Towers	Bluerock	Southfield, MI	Multifamily	9.8 yr	0.25×	-11.60%
Note 16	Bluerock	Nashville, TN	Multifamily	1.3 yr	1.77×	44.50%
Novel Perimeter	Bluerock	Atlanta, GA	Multifamily	4 yr	1.40×	10.00%
Orange City Apartments	Bluerock	Orange City, FL	Multifamily	1.2 yr	1.25×	98.76%
Outlook at Greystone	Bluerock	Birmingham, AL	Multifamily	5 yr	1.21×	21.97%
Park and Kingston	Bluerock	Charlotte, NC	Multifamily	5.6 yr	2.37×	17.55%
Park on the Square	Bluerock	Pensacola, FL	Multifamily	2.3 yr	1.23×	11.38%
Peak Housing Operating Partnership	Bluerock	Dallas, TX	Multifamily	3.7 yr	1.23×	9.50%
Pine Lakes Preserve	Bluerock	Port St. Lucie, FL	Multifamily	5.8 yr	4.14×	41.71%
Plantation Park	Bluerock	Lake Jackson, TX	Multifamily	3 yr	0.59×	-19.40%
Plaza Gardens	Bluerock	Overland Park, KS	Multifamily	10.9 yr	1.34×	4.20%
Preston View	Bluerock	Morrisville, NC	Multifamily	2.6 yr	1.16×	6.80%
Providence Trail	Bluerock	Mount Juliet, TN	Multifamily	3.3 yr	2.93×	41.87%
Quinn35	Bluerock	Shrewsbury, MA	Multifamily	5.3 yr	1.49×	9.70%
Renew 3030	Bluerock	Mesa, AZ	Multifamily	1.2 yr	1.12×	10.91%
Reunion Apartments	Bluerock	Orlando, FL	Multifamily	1.5 yr	1.25×	19.19%
Riverside	Bluerock	Jacksonville, FL	Multifamily	5.5 yr	1.60×	11.00%
Riverside Apartments	Bluerock	Austin, TX	Multifamily	2 yr	1.18×	13.10%
Roswell City Walk	Bluerock	Roswell, GA	Multifamily	5.8 yr	3.07×	24.91%
Sands Parc	Bluerock	Daytona Beach, FL	Multifamily	4.3 yr	1.60×	16.16%
Sierra Terrace	Bluerock	Atlanta, GA	Multifamily	2 yr	1.25×	11.39%
Sierra Village	Bluerock	Atlanta, GA	Multifamily	2 yr	1.22×	11.39%
Sonoma Pointe	Bluerock	Kissimmee, FL	Multifamily	5 yr	2.02×	20.30%
Sorrel Phillips Creek / Sovereign Apartments (Portfolio)	Bluerock	Frisco & Fort Worth, TX	Multifamily	3.8 yr	1.39×	10.30%
Springhouse	Bluerock	Newport News, VA	Multifamily	6.7 yr	2.40×	13.60%
Stonebrook	Bluerock	Nashville, TN	Multifamily	7.6 yr	3.62×	22.70%
Tech Ridge	Bluerock	Austin, TX	Multifamily	2.5 yr	2.18×	28.20%
The Ashford	Bluerock	Atlanta, GA	Multifamily	1.9 yr	2.05×	30.40%
The Brodie	Bluerock	Austin, TX	Multifamily	5.8 yr	3.41×	24.90%
The Commons on Anniston	Bluerock	Jacksonville, FL	Multifamily	2.2 yr	1.23×	11.37%
The Conley	Bluerock	Leander, TX	Multifamily	2.4 yr	1.25×	13.00%
The Cottages at Warner Robins	Bluerock	Warner Robins, GA	Multifamily	2 yr	1.25×	12.50%
The DeSota	Bluerock	Sarasota, FL	Multifamily	3.9 yr	1.26×	13.10%
The District at Scottsdale	Bluerock	Scottsdale, AZ	Multifamily	1.6 yr	1.40×	25.16%
The Hartley at Blue Hill Loan	Bluerock	Chapel Hill, NC	Multifamily	2.2 yr	1.21×	11.50%
The Links at Plum Creek	Bluerock	Castle Rock, CO	Multifamily	4.5 yr	2.54×	25.23%
The Mills	Bluerock	Greenville, SC	Multifamily	4.9 yr	3.15×	29.67%
The Preserve at Henderson Beach	Bluerock	Destin, FL	Multifamily	6.6 yr	4.80×	34.76%
The Reserve at Palmer Ranch	Bluerock	Sarasota, FL	Multifamily	5.5 yr	3.46×	22.20%
The Reserve at Palmer Ranch (II)	Bluerock	Sarasota, FL	Multifamily	1.3 yr	1.16×	12.26%
The Riley	Bluerock	Richardson, TX	Multifamily	1.6 yr	1.19×	11.89%
The Sanctuary	Bluerock	Las Vegas, NV	Multifamily	3.3 yr	3.01×	44.41%
The Stratford	Bluerock	Cary, NC	Multifamily	1.4 yr	1.49×	22.90%
The Woods at Forrest Hill	Bluerock	Forrest Hill, TX	Multifamily	3 yr	1.15×	14.40%
Thornton Flats	Bluerock	Austin, TX	Multifamily	2.3 yr	1.18×	9.31%
Valley Townhomes	Bluerock	Puyallup, WA	Multifamily	11.3 yr	1.78×	9.40%
Veranda at Centerfield	Bluerock	Houston, TX	Multifamily	4.2 yr	2.03×	23.13%
Vicker's Historic Roswell	Bluerock	Roswell, GA	Multifamily	4.6 yr	1.36×	8.50%
Village Green	Bluerock	Ann Arbor, MI	Multifamily	4.4 yr	2.25×	8.00%
Villages at Cypress Creek	Bluerock	Houston, TX	Multifamily	5.1 yr	1.87×	24.64%
Villas at Oak Crest	Bluerock	Chattanooga, TN	Multifamily	3.4 yr	1.33×	14.00%
Water's Edge	Bluerock	Pensacola, FL	Multifamily	1.8 yr	1.22×	11.38%
Weatherford BFR 185	Bluerock	Weatherford, TX	Multifamily	0.4 yr	1.05×	12.81%
Wesley Village	Bluerock	Charlotte, NC	Multifamily	5.6 yr	3.40×	27.73%
Westerly	Bluerock	Franklin, MA	Multifamily	5.5 yr	1.38×	7.20%
Whetstone Apartments	Bluerock	Durham, NC	Multifamily	4.7 yr	1.62×	7.40%
Wilkinson Crossings at Dawsonville	Bluerock	Dawsonville, GA	Multifamily	1.3 yr	1.14×	11.33%
Wilkinson Spring Parc	Bluerock	Dallas, TX	Multifamily	1.3 yr	1.14×	11.33%
Willow Park	Bluerock	Fort Worth, TX	Multifamily	3.5 yr	1.32×	18.10%
Windsor Falls	Bluerock	Raleigh, NC	Multifamily	1.5 yr	1.83×	64.59%
Zoey	Bluerock	Austin, TX	Multifamily	2.4 yr	1.15×	10.27%
Carriage Homes on the Lake I & II Portfolio	BridgeView	Garland, TX	Multifamily	5.2 yr	6.05×	51.90%
Liberty Lofts + Midtown Urban Portfolio	BridgeView	Fort Worth & Arlington, TX	Student Housing	2.4 yr	1.60×	22.60%
CF Bellevue Multifamily DST	Cantor Fitzgerald	—	Multifamily	3.5 yr	1.69×	18.10%
CF Hendry Multifamily DST	Cantor Fitzgerald	—	Multifamily	3.8 yr	1.72×	16.30%
CF Net Lease Portfolio DST 8	Cantor Fitzgerald	—	Net-Leased Retail	5.1 yr	1.32×	6.50%
CF Norterra Canyon Multifamily DST	Cantor Fitzgerald	—	Multifamily	3.2 yr	1.37×	12.20%
CF Railway Multifamily DST	Cantor Fitzgerald	—	Multifamily	4.7 yr	1.25×	5.90%
CF Rivertop Multifamily DST	Cantor Fitzgerald	—	Multifamily	3.2 yr	1.42×	13.20%
CF Sawyer Multifamily DST	Cantor Fitzgerald	—	Multifamily	3.4 yr	1.37×	10.90%
CF Star Multifamily Portfolio DST	Cantor Fitzgerald	—	Multifamily	5.2 yr	1.59×	11.80%
CF Towson Multifamily DST	Cantor Fitzgerald	—	Multifamily	3.2 yr	1.31×	10.10%
CS1031 Bedford Parke Apartments, DST	Capital Square	Warner Robins, GA	Multifamily	5.3 yr	2.00×	15.82%
CS1031 Bellemeade Apartments, DST	Capital Square	Leesburg, VA	Multifamily	5.6 yr	1.37×	6.61%
CS1031 Canopy Apartments, DST	Capital Square	San Antonio, TX	Multifamily	5.5 yr	1.78×	12.41%
CS1031 Crossroads Apartments, DST	Capital Square	Phoenix, AZ	Multifamily	2.3 yr	1.45×	18.35%
CS1031 Fairway View Apartments, DST	Capital Square	Atlanta, GA (suburb)	Multifamily	4.1 yr	1.92×	19.25%
CS1031 Hickory Creek Apartments, DST	Capital Square	Richmond, VA (suburb)	Multifamily	3.5 yr	1.63×	16.45%
CS1031 High Ridge Apartments, DST	Capital Square	Athens, GA	Multifamily	6.5 yr	2.26×	15.54%
CS1031 Ivy Commons Apartments, DST	Capital Square	Marietta, GA	Multifamily	4.2 yr	2.02×	20.22%
CS1031 Kay Alexander Pointe Apartments, DST	Capital Square	Jacksonville, FL	Multifamily	4.5 yr	2.61×	25.84%
CS1031 Kay Maple Springs Apartments, DST	Capital Square	Richmond, VA	Multifamily	4.4 yr	1.67×	13.94%
CS1031 Olde Towne Lofts Apartments, DST	Capital Square	Petersburg, VA	Multifamily	6.5 yr	1.53×	7.82%
CS1031 Richmond VA Apartments, DST	Capital Square	Chesterfield County, VA	Multifamily	5.2 yr	1.56×	10.05%
CS1031 Saltmeadow Bay Apartments, DST	Capital Square	Virginia Beach, VA	Multifamily	3.6 yr	1.82×	20.07%
CS1031 Woodshire Apartments, DST	Capital Square	Virginia Beach, VA	Multifamily	4 yr	1.60×	13.94%
CSRA Ashford Club Apartments, DST	Capital Square	Tallahassee, FL	Multifamily	6 yr	1.70×	10.86%
CSRA Bridgeview Apartments, DST	Capital Square	Tampa, FL	Multifamily	4.8 yr	1.72×	13.49%
CSRA Candleglow Apartments, DST	Capital Square	Tampa, FL	Multifamily	5.3 yr	2.53×	21.31%
CSRA Galeria Del Rio, DST	Capital Square	Tucson, AZ	Multifamily	5.3 yr	2.22×	18.12%
CSRA Perry Place Apartments, DST	Capital Square	Richmond, VA	Multifamily	4.8 yr	1.44×	8.70%
CX Retreat at the Park, DST	Carter Exchange	Burlington, NC	Multifamily	5.7 yr	1.55×	8.03%
CX Station at Poplar Tent, DST	Carter Exchange	Concord, NC	Multifamily	2.9 yr	1.70×	19.88%
CX Station at Savannah Quarters, DST	Carter Exchange	Pooler, GA	Multifamily	2.8 yr	2.01×	32.30%
Multifamily 1 – Van Mark Creek Apartments	ExchangeRight	—	Multifamily	3.9 yr	1.29×	7.27%
Multifamily 2 – Mira Bella and San Martin Apartments	ExchangeRight	—	Multifamily	4.3 yr	1.29×	6.82%
Multifamily 3 – Lakeside at Arbor Place Apartments	ExchangeRight	—	Multifamily	3.2 yr	1.35×	11.08%
Multifamily 4 – North Austin Apartment Portfolio	ExchangeRight	—	Multifamily	4.3 yr	1.29×	6.80%
Multifamily 5 – Crystal Lake Florida Apartments	ExchangeRight	—	Multifamily	2.6 yr	1.22×	8.51%
Multifamily 6 – El Paso Apartment Portfolio	ExchangeRight	—	Multifamily	3.8 yr	1.55×	14.52%
Net-Leased Portfolio 1	ExchangeRight	—	Net-Leased Retail	7.4 yr	1.46×	9.40%
Net-Leased Portfolio 10	ExchangeRight	—	Net-Leased Retail	7.2 yr	1.52×	7.26%
Net-Leased Portfolio 11	ExchangeRight	—	Net-Leased Retail	6.7 yr	1.46×	6.81%
Net-Leased Portfolio 12	ExchangeRight	—	Net-Leased Retail	3.7 yr	1.25×	7.01%
Net-Leased Portfolio 13	ExchangeRight	—	Net-Leased Retail	4.2 yr	1.31×	7.35%
Net-Leased Portfolio 14	ExchangeRight	—	Net-Leased Retail	4.3 yr	1.29×	6.77%
Net-Leased Portfolio 15	ExchangeRight	—	Net-Leased Retail	4.7 yr	1.30×	6.54%
Net-Leased Portfolio 16	ExchangeRight	—	Net-Leased Retail	4.8 yr	1.34×	7.08%
Net-Leased Portfolio 17	ExchangeRight	—	Net-Leased Retail	4.9 yr	1.34×	7.04%
Net-Leased Portfolio 18	ExchangeRight	—	Net-Leased Retail	4.7 yr	1.31×	6.67%
Net-Leased Portfolio 19	ExchangeRight	—	Net-Leased Retail	4.7 yr	1.32×	6.93%
Net-Leased Portfolio 2	ExchangeRight	—	Net-Leased Retail	7.1 yr	1.65×	9.22%
Net-Leased Portfolio 21	ExchangeRight	—	Net-Leased Retail	4.4 yr	1.30×	6.68%
Net-Leased Portfolio 22	ExchangeRight	—	Net-Leased Retail	5.2 yr	1.34×	6.37%
Net-Leased Portfolio 28	ExchangeRight	—	Net-Leased Retail	5.4 yr	1.35×	6.96%
Net-Leased Portfolio 3	ExchangeRight	—	Net-Leased Retail	7.6 yr	1.69×	9.10%
Net-Leased Portfolio 4	ExchangeRight	—	Net-Leased Retail	7.5 yr	1.58×	7.73%
Net-Leased Portfolio 5	ExchangeRight	—	Net-Leased Retail	7.8 yr	1.57×	7.34%
Net-Leased Portfolio 6	ExchangeRight	—	Net-Leased Retail	7.9 yr	1.60×	7.67%
Net-Leased Portfolio 7	ExchangeRight	—	Net-Leased Retail	7.4 yr	1.57×	7.81%
Net-Leased Portfolio 8	ExchangeRight	—	Net-Leased Retail	4.7 yr	1.36×	7.69%
Net-Leased Portfolio 9	ExchangeRight	—	Net-Leased Retail	7.4 yr	1.53×	7.25%
Aaron's Inc. – Anderson, SC	Four Springs	Anderson, SC	Retail	2.4 yr	1.17×	7.20%
Aaron's Inc. – Artesia, NM	Four Springs	Artesia, NM	Retail	2.8 yr	1.20×	7.20%
Aaron's Inc. – Charleston, SC	Four Springs	Charleston, SC	Retail	2.6 yr	1.18×	7.01%
Aaron's Inc. – Huntsville, AL	Four Springs	Huntsville, AL	Retail	2.6 yr	1.19×	7.20%
Aaron's Inc. – Newport News, VA	Four Springs	Newport News, VA	Retail	3.0 yr	1.22×	7.20%
Advance Auto Parts – Garner, NC	Four Springs	Garner, NC	Retail	1.5 yr	1.12×	7.50%
Dollar General – Charlotte, NC	Four Springs	Charlotte, NC	Retail	2.0 yr	1.15×	7.75%
Dollar General – Eden, NC	Four Springs	Eden, NC	Retail	1.5 yr	1.18×	8.00%
Dollar General – Elizabeth City, NC	Four Springs	Elizabeth City, NC	Retail	1.7 yr	1.13×	7.50%
Dollar General – Fort Braden, FL	Four Springs	Fort Braden, FL	Retail	1.1 yr	1.07×	7.00%
Dollar General – Midway, GA	Four Springs	Midway, GA	Retail	2.2 yr	1.17×	7.75%
Dollar General – Pensacola, FL	Four Springs	Pensacola, FL	Retail	0.9 yr	1.06×	7.00%
Dollar General – Savannah, GA	Four Springs	Savannah, GA	Retail	1.3 yr	1.09×	7.26%
Dollar General – Winter Haven, FL	Four Springs	Winter Haven, FL	Retail	1.8 yr	1.14×	7.70%
Family Dollar – Memphis, TN	Four Springs	Memphis, TN	Retail	0.4 yr	1.03×	7.12%
Family Dollar – Milledgeville, GA	Four Springs	Milledgeville, GA	Retail	0.5 yr	1.04×	7.75%
Family Dollar – Verona, PA	Four Springs	Verona, PA	Retail	0.9 yr	1.06×	7.25%
FSC AS Jonesboro AR, DST	Four Springs	Academy Sports	Retail	7.0 yr	2.44×	6.27%
FSC AS Mt. Juliet TN, DST	Four Springs	Academy Sports	Retail	7.8 yr	2.37×	4.75%
FSC BJ Tilton NH, DST	Four Springs	BJ's Wholesale Club	Retail	8.3 yr	2.64×	7.74%
FSC GM Lebanon IN, DST	Four Springs	Gander Mountain (bankrupt; reworkout)	Industrial	11.6 yr	2.42×	3.66%
FSC Healthcare II, DST	Four Springs	Medical Office tenant	Healthcare	7.3 yr	2.41×	5.61%
FSC MRC Odessa TX, DST	Four Springs	MRC Global	Industrial	8.5 yr	2.79×	9.27%
O'Reilly Automotive – Atmore, AL	Four Springs	Atmore, AL	Retail	0.6 yr	1.04×	6.50%
Griffin Capital (Heritage - Bedford, NH) DST (Estimated)	Griffin Capital	Bedford, NH	Multifamily	5.6 yr	1.70×	12.80%
Griffin Capital (South Beach - Vegas) DST	Griffin Capital	Las Vegas, NV	Multifamily	3.3 yr	1.73×	23.28%
Amarillo Self-Storage Portfolio DST	Inland	—	Self-Storage	3.2 yr	1.59×	16.76%
Austell 1031 DST	Inland	—	Retail	9.8 yr	1.21×	2.50%
Austin Lakeshore Multifamily DST	Inland	—	Multifamily	3.0 yr	1.33×	10.80%
Bi-Coastal Home Improvement DST	Inland	—	Retail	5.8 yr	1.48×	7.36%
Bradenton Multifamily DST	Inland	—	Multifamily	4.7 yr	1.53×	10.90%
Bristol 1031 DST	Inland	—	Office	10.4 yr	0.78×	-4.30%
Broadway Commons DBT	Inland	—	Retail	13.3 yr	1.57×	7.27%
Carmel Multifamily DST	Inland	—	Multifamily	6.1 yr	1.56×	8.53%
Charlotte Office 1031 DST	Inland	—	Office	10.4 yr	1.24×	2.86%
Charlotte Student Housing DST	Inland	—	Student Housing	6.7 yr	1.27×	4.05%
Chicagoland Fresh Market Venture DST	Inland	—	Retail	4.7 yr	1.53×	12.71%
Chicagoland Grocery Venture DST	Inland	—	Retail	7.3 yr	1.69×	9.25%
Chicagoland Grocery Venture II DST	Inland	—	Retail	2.6 yr	1.57×	21.14%
Chicagoland Multifamily DST	Inland	—	Multifamily	7.2 yr	1.57×	7.93%
Chicagoland Street Retail DST	Inland	—	Retail	10.1 yr	1.26×	2.95%
Colorado Multifamily Portfolio DST	Inland	—	Multifamily	4.5 yr	1.43×	9.25%
Colorado Multifamily Portfolio II DST	Inland	—	Multifamily	4 yr	1.56×	12.89%
Colorado Springs Multifamily DST	Inland	—	Multifamily	6.3 yr	1.40×	6.16%
Convenience Net Lease Portfolio DST	Inland	—	Retail	1.5 yr	1.26×	17.48%
Cranberry Retail Venture DST	Inland	—	Retail	9.9 yr	1.58×	6.12%
CW Pharmacy I DST	Inland	—	Retail	6.9 yr	1.60×	6.21%
Dallas MSA Multifamily DST	Inland	—	Multifamily	3.9 yr	1.26×	6.76%
Dallas Multifamily DST	Inland	—	Multifamily	4.8 yr	1.17×	3.72%
DC MSA Retail DST	Inland	—	Retail	9.9 yr	1.94×	8.84%
Deer Park 1031 DST	Inland	—	Industrial	9.3 yr	0.68×	-6.79%
Denver MSA Multifamily DST	Inland	—	Multifamily	1.8 yr	1.39×	21.78%
Denver MSA Multifamily II DST	Inland	—	Multifamily	4.3 yr	1.43×	9.53%
Denver Multifamily Portfolio DST	Inland	—	Multifamily	3.6 yr	1.31×	8.66%
Downers Grove Retail DST	Inland	—	Retail	11 yr	1.75×	6.27%
East Coast Wholesale DST	Inland	—	Retail	5.8 yr	1.56×	9.46%
FL-NY Multifamily Portfolio DST	Inland	—	Multifamily	5.8 yr	2.19×	16.26%
Fort Myers Multifamily DST	Inland	—	Multifamily	5.5 yr	1.37×	6.45%
Ft. Collins Multifamily III DST	Inland	—	Multifamily	5.1 yr	1.67×	11.81%
Ft. Collins Multifamily Portfolio DST	Inland	—	Multifamily	5.5 yr	1.66×	10.29%
Grand Chute DST	Inland	—	Retail	11.5 yr	1.92×	8.64%
Healthcare Portfolio DST	Inland	—	Healthcare	8.0 yr	1.39×	5.63%
Hillsboro 1031 DST	Inland	—	Retail	8.4 yr	1.34×	4.84%
Indianapolis Multifamily DST	Inland	—	Multifamily	6 yr	1.17×	3.09%
Jacksonville Multifamily DST	Inland	—	Multifamily	4.4 yr	1.28×	6.42%
Lafayette Multifamily DST	Inland	—	Multifamily	9.9 yr	1.46×	4.43%
Louisville Multifamily DST	Inland	—	Multifamily	5.0 yr	1.41×	8.42%
Macon Office DST	Inland	—	Office	11.8 yr	1.69×	6.90%
Medical Office Portfolio DST	Inland	—	Healthcare	3.8 yr	1.42×	10.94%
Miami Office DST	Inland	—	Office	10.2 yr	1.13×	1.75%
Milwaukee MSA Multifamily Portfolio DST	Inland	—	Multifamily	7.6 yr	1.55×	7.01%
Modesto Retail Center DST	Inland	—	Retail	4.2 yr	1.22×	5.72%
Mt. Pleasant Retail Venture DST	Inland	—	Retail	8.8 yr	1.84×	9.17%
Naperville Retail Center DST	Inland	—	Retail	3.1 yr	1.49×	15.17%
Naples Multifamily DST	Inland	—	Multifamily	1.9 yr	1.44×	23.10%
National Net Lease Portfolio V DST	Inland	—	Retail	9.1 yr	1.20×	2.73%
National Retail Portfolio Venture DST	Inland	—	Retail	10.3 yr	1.75×	7.31%
New York Grocery DST	Inland	—	Retail	3.8 yr	0.76×	-8.32%
New York Power DST	Inland	—	Industrial	10.5 yr	1.93×	8.63%
Omaha Headquarters Ventures DST	Inland	—	Office	9.5 yr	1.10×	1.59%
Orlando Student Housing DST	Inland	—	Student Housing	2.7 yr	1.28×	10.50%
Park Creek Steeple Multifamily DST	Inland	—	Multifamily	6.4 yr	2.92×	20.16%
Pearland Multifamily DST	Inland	—	Multifamily	4.8 yr	1.27×	5.64%
Pharmacy Portfolio III DST	Inland	—	Retail	10.9 yr	2.98×	10.55%
Pharmacy Portfolio IV DST	Inland	—	Retail	10.6 yr	2.70×	9.95%
Pharmacy Sale Leaseback DST	Inland	—	Retail	9.5 yr	1.69×	7.63%
Pharmacy Sale Leaseback II DST	Inland	—	Retail	7.5 yr	1.57×	7.19%
PNS Grocery DST	Inland	—	Retail	4.3 yr	1.24×	6.07%
RR-HV Venture Holdings DST	Inland	—	Office	11.1 yr	1.85×	7.53%
San Antonio Multifamily DST	Inland	—	Multifamily	4.7 yr	0.89×	-2.86%
San Antonio Multifamily II DST	Inland	—	Multifamily	4.6 yr	1.13×	3.06%
Scarborough Medical DST	Inland	—	Healthcare	9.5 yr	2.12×	10.16%
Schaumburg Childcare DST	Inland	—	Office	9.3 yr	1.29×	3.19%
Self-Storage Portfolio I DST	Inland	—	Self-Storage	5.5 yr	1.61×	10.07%
Self-Storage Portfolio II DST	Inland	—	Self-Storage	5.0 yr	1.83×	14.31%
Self-Storage Portfolio IV DST	Inland	—	Self-Storage	4.6 yr	1.76×	14.67%
Self-Storage Portfolio V DST	Inland	—	Self-Storage	6.8 yr	1.93×	10.44%
Sentry Office Building DBT	Inland	—	Office	17.6 yr	2.29×	9.90%
Visions Drive 1031 DST	Inland	—	Office	14.2 yr	1.71×	5.59%
Waukesha 1031 DST	Inland	—	Retail	7 yr	1.35×	5.58%
West St. Paul 1031 Venture DST	Inland	—	Retail	7.8 yr	1.11×	1.77%
Winston-Salem Office DST	Inland	—	Office	2.9 yr	1.21×	7.50%
Zionsville Ground Express DST	Inland	—	Industrial	1.9 yr	1.23×	11.99%
LSC-AM MC2, DST	Livingston	—	Industrial	7 yr	1.50×	5.96%
LSC-BIO HC1, DST	Livingston	—	Healthcare	4.3 yr	1.46×	9.31%
LSC-FAUR MC3, DST	Livingston	—	Office	2.7 yr	1.28×	9.69%
LSC-UKHS HC2, DST	Livingston	—	Healthcare	2.9 yr	1.29×	9.11%
Moody DFW DST	Moody National	—	Multifamily	5.1 yr	2.00×	14.56%
Moody Village One DST	Moody National	—	Multifamily	4.2 yr	—	—
GSA FBI/NARA Portfolio DST	Net Lease Capital	Portland OR; Brooklyn Center MN; Sycamore OH; St. Louis MO	Government Lease	7.6 yr	1.60×	6.38%
GSA SSA Birmingham DST	Net Lease Capital	Birmingham, AL	Government Lease	12.2 yr	2.64×	8.29%
Sun Microsystems DST	Net Lease Capital	San Jose, CA	Office	12.7 yr	3.97×	11.48%
NREA Adair DST	NexPoint	—	Multifamily	4.5 yr	1.70×	17.10%
NREA Estates DST	NexPoint	—	Multifamily	3.8 yr	2.00×	28.80%
NREA Meritage DST	NexPoint	—	Multifamily	5.7 yr	1.24×	4.60%
1000 West	Passco	Charleston, SC	Multifamily	5 yr	2.16×	16.64%
Almeria at Ocotillo	Passco	Chandler, AZ	Multifamily	5 yr	2.51×	20.20%
Arlington at Eastern Shore	Passco	Spanish Fort, AL	Multifamily	6 yr	1.62×	8.38%
Asheville Exchange	Passco	Asheville, NC	Multifamily	6 yr	1.90×	11.25%
Autumn Breeze	Passco	Noblesville, IN	Multifamily	7 yr	1.66×	7.53%
Azure	Passco	St. Petersburg, FL	Multifamily	4 yr	1.51×	10.81%
Broad River Trace	Passco	Columbia, SC	Multifamily	7 yr	1.63×	7.27%
Cambridge at Hickory Hollow	Passco	Antioch, TN	Multifamily	5 yr	2.47×	19.83%
Carrington at Brier Creek	Passco	Raleigh, NC	Multifamily	5 yr	1.43×	7.44%
Carrington Park	Passco	Montgomery, AL	Multifamily	7 yr	1.61×	7.00%
Columns at Wakefield	Passco	Raleigh, NC	Multifamily	6 yr	2.03×	12.54%
Enclave at Rivergate	Passco	Charlotte, NC	Multifamily	6 yr	2.01×	12.35%
Encore at the Park	Passco	Durham, NC	Multifamily	5 yr	1.61×	10.04%
Estates at Crossroads	Passco	Duluth, GA	Multifamily	6 yr	3.17×	21.20%
Glen at Alexander	Passco	Augusta, GA	Multifamily	7 yr	1.97×	10.16%
Greenwood Reserve	Passco	Olathe, KS	Multifamily	5 yr	2.03×	15.21%
Haven at West Melbourne	Passco	Brevard, FL	Multifamily	4 yr	2.00×	18.96%
Legends at Indian Springs	Passco	Louisville, KY	Multifamily	6 yr	2.06×	12.80%
Legends at Wolfchase	Passco	Memphis, TN	Multifamily	7 yr	1.86×	9.24%
Lively at Carolina Forest	Passco	Myrtle Beach, SC	Multifamily	4 yr	2.14×	20.97%
Lone Oak	Passco	Round Rock, TX	Multifamily	5 yr	1.51×	8.65%
Longitude 81	Passco	Estero, FL	Multifamily	6 yr	2.18×	13.85%
Longitude 82	Passco	Sarasota, FL	Multifamily	4 yr	1.82×	16.07%
Luxe	Passco	Scottsdale, AZ	Multifamily	4 yr	1.35×	7.72%
Marcus Pointe	Passco	Pensacola, FL	Multifamily	6 yr	1.97×	11.92%
Mariner Grove	Passco	Savannah, GA	Multifamily	5 yr	2.55×	20.60%
Marisol	Passco	Viera, FL	Multifamily	8 yr	2.04×	9.35%
Meadows at Home Place	Passco	Prattville, AL	Multifamily	7 yr	1.75×	8.32%
Merritt at Sugarloaf	Passco	Duluth, GA	Multifamily	4 yr	2.04×	19.56%
Parkcrest Landings	Passco	Bradenton, FL	Multifamily	7 yr	2.04×	10.70%
Pearce at Pavilion	Passco	Riverview, FL	Multifamily	6 yr	1.73×	9.55%
Point at Tamaya	Passco	Jacksonville, FL	Multifamily	6 yr	1.30×	4.43%
Stonegate	Passco	Birmingham, AL	Multifamily	6 yr	1.45×	6.44%
Sundance Creek	Passco	McDonough, GA	Multifamily	6 yr	2.01×	12.33%
The Ivy	Passco	Orlando, FL	Multifamily	5 yr	1.17×	3.15%
The Lexington	Passco	Nashville, TN	Multifamily	5 yr	1.52×	8.67%
The Overlook	Passco	Antioch, TN	Multifamily	5 yr	1.56×	9.29%
The Parker	Passco	Fairfax County, VA	Multifamily	5 yr	1.36×	6.32%
The Shelby	Passco	Alexandria, VA	Multifamily	5 yr	1.26×	4.70%
Twenty25	Passco	Kennesaw, GA	Multifamily	7 yr	3.84×	21.19%
Two Blocks	Passco	Dunwoody, GA	Multifamily	5 yr	2.11×	16.08%
Veranda at Norton Commons	Passco	Prospect, KY	Multifamily	6 yr	2.27×	14.64%
Vinings at Laurel Creek	Passco	Greenville, SC	Multifamily	7 yr	1.97×	10.15%
Voyager at Space Center	Passco	Nassau Bay, TX	Multifamily	4 yr	1.31×	7.06%
Vue21	Passco	Colorado Springs, CO	Multifamily	5 yr	1.97×	14.49%
Wakefield Glen	Passco	Raleigh, NC	Multifamily	5 yr	1.28×	4.98%
Comfort Suites – Starkville, MS	Peachtree Group	Starkville, MS	Hotel	14.5 yr	3.04×	16.90%
Country Inn & Suites – Montgomery, AL	Peachtree Group	Montgomery, AL	Hotel	3 yr	4.26×	65.70%
Courtyard – Gulf Shores, AL	Peachtree Group	Gulf Shores, AL	Hotel	3.3 yr	3.93×	59.40%
Courtyard – Jacksonville, FL	Peachtree Group	Jacksonville, FL	Hotel	2.6 yr	2.10×	36.10%
Crowne Plaza – North Charleston, SC	Peachtree Group	N. Charleston, SC	Hotel	2.9 yr	1.92×	26.90%
DoubleTree – Biloxi, MS	Peachtree Group	Biloxi, MS	Hotel	8.1 yr	2.19×	11.10%
Embassy Suites – Williamsburg, VA	Peachtree Group	Williamsburg, VA	Hotel	4.3 yr	1.41×	8.70%
Fairfield Inn – Valdosta, GA	Peachtree Group	Valdosta, GA	Hotel	3.7 yr	2.11×	27.00%
Fairfield Inn & Suites – Indianapolis, IN	Peachtree Group	Indianapolis, IN	Hotel	11.7 yr	3.32×	13.50%
Fairfield Inn & Suites – Lewisville, TX	Peachtree Group	Lewisville, TX	Hotel	1.2 yr	1.69×	55.30%
Hampton Inn – Corydon, IN	Peachtree Group	Corydon, IN	Hotel	7.3 yr	1.36×	4.70%
Hampton Inn – Milledgeville, GA	Peachtree Group	Milledgeville, GA	Hotel	3.2 yr	1.85×	23.20%
Hampton Inn – Okeechobee, FL	Peachtree Group	Okeechobee, FL	Hotel	0.7 yr	2.18×	207.10%
Hampton Inn – Pell City, AL	Peachtree Group	Pell City, AL	Hotel	7.0 yr	1.58×	8.40%
Hampton Inn – Starkville, MS	Peachtree Group	Starkville, MS	Hotel	14.5 yr	3.04×	16.90%
Hampton Inn & Suites – East Point, GA	Peachtree Group	East Point, GA	Hotel	2.5 yr	1.89×	30.80%
Hampton Inn & Suites – Lake Mary, FL	Peachtree Group	Lake Mary, FL	Hotel	2.5 yr	2.06×	32.90%
Hampton Inn & Suites – Orlando, FL	Peachtree Group	Orlando, FL	Hotel	2.2 yr	1.98×	38.60%
Hilton Garden Inn – Overland Park, KS	Peachtree Group	Overland Park, KS	Hotel	2.5 yr	1.85×	29.20%
Hilton Garden Inn – Tupelo, MS	Peachtree Group	Tupelo, MS	Hotel	8.4 yr	2.09×	21.80%
Holiday Inn – Franklin, TN	Peachtree Group	Brentwood, TN	Hotel	4.3 yr	1.29×	8.40%
Holiday Inn Express – Pell City, AL	Peachtree Group	Pell City, AL	Hotel	6.9 yr	1.58×	8.60%
Homewood Suites – Durham, NC	Peachtree Group	Durham, NC	Hotel	2.2 yr	1.87×	33.70%
Hyatt Place – Jacksonville, FL	Peachtree Group	Jacksonville, FL	Hotel	3.7 yr	1.97×	20.70%
Residence Inn – Little Rock, AR	Peachtree Group	Little Rock, AR	Hotel	5.0 yr	1.79×	15.30%
Residence Inn – Southern Pines, NC	Peachtree Group	Southern Pines, NC	Hotel	6.5 yr	1.91×	11.30%
Sheraton – Jacksonville, FL	Peachtree Group	Jacksonville, FL	Hotel	3.4 yr	2.20×	28.20%
Springhill Suites – San Antonio, TX	Peachtree Group	San Antonio, TX	Hotel	5.2 yr	1.81×	12.70%
Wingate – Kennesaw, GA	Peachtree Group	Kennesaw, GA	Hotel	3.3 yr	1.96×	22.80%
Starboard Diagonal DST	Starboard	Longmont, CO	Shopping Center	10.1 yr	1.10×	0.95%
Starboard Mesa Ridge DST	Starboard	Fountain, CO	Shopping Center	7.4 yr	1.57×	6.29%
Starboard Metro DST	Starboard	Atlanta, GA	Multifamily	3.3 yr	1.28×	7.82%
Starboard Mountain Ranch DST	Starboard	Richland, WA	Multifamily	3.8 yr	1.45×	10.29%
11 Stanwix	Syndicated Equities	Pittsburgh, PA	—	7.5 yr	0.28×	-15.60%
1501 Jackson	Syndicated Equities	Omaha, NE	—	8.8 yr	0.28×	-13.50%
2215 Sanders Road	Syndicated Equities	Northbrook, IL	—	10.2 yr	0.18×	-15.46%
309 Green Street	Syndicated Equities	Champaign, IL	—	1.9 yr	1.30×	15.04%
400 Skokie Blvd.	Syndicated Equities	Northbrook, IL	—	7.4 yr	0.15×	-22.72%
840 1st Street	Syndicated Equities	Washington, DC	—	1.6 yr	1.41×	24.73%
Abbott Labs Bio-Medical Portfolio	Syndicated Equities	Minnetonka, MN	—	5.1 yr	2.35×	18.40%
Arlington Highlands Retail Center	Syndicated Equities	Arlington, TX	—	3.1 yr	1.50×	13.87%
Boot Ranch Apartment	Syndicated Equities	Tampa, FL	—	4.3 yr	1.79×	14.47%
Courtland Center	Syndicated Equities	Burton, MI	—	10.2 yr	0.39×	-8.79%
Cranberry Square	Syndicated Equities	Pittsburgh, PA	—	4.5 yr	1.69×	12.25%
Curtis Hotel	Syndicated Equities	Denver, CO	—	2.8 yr	1.44×	14.16%
Customs & Border Patrol	Syndicated Equities	Atlanta, GA	—	6.8 yr	1.95×	10.37%
CVS	Syndicated Equities	Weeki Wachee, FL	—	10.0 yr	2.21×	8.22%
DoubleTree & Embassy Suites	Syndicated Equities	Rosemont, IL	—	2.0 yr	0.32×	-43.63%
Fashion Outlet Center	Syndicated Equities	Las Vegas, NV	—	3.4 yr	0.19×	-38.42%
Fashion Outlet Center	Syndicated Equities	Rosemont, IL	—	5.7 yr	3.97×	27.51%
Flatiron Athletic Club	Syndicated Equities	Broomfield, CO	—	13.6 yr	0.22×	-10.51%
Four Seasons Hotel	Syndicated Equities	Austin, TX	—	5.9 yr	1.94×	11.96%
Henry Ford Health – OptimEyes	Syndicated Equities	Southfield, MI	—	4.8 yr	1.55×	9.52%
Holiday Inn	Syndicated Equities	New Orleans, LA	—	6.3 yr	0.30×	-17.31%
Johns Hopkins Applied Physics Lab	Syndicated Equities	Laurel, MD	—	11.7 yr	1.95×	5.89%
Le Meridien Hotel	Syndicated Equities	Chicago, IL	—	1 yr	1.69×	68.58%
Legacy at Acworth	Syndicated Equities	Acworth, GA	—	3.9 yr	1.54×	11.69%
Marriott Courtyard	Syndicated Equities	West Des Moines, IA	—	3.9 yr	0.12×	-41.62%
Marriott Courtyard	Syndicated Equities	Indianapolis, IN	—	3.4 yr	0.07×	-54.60%
Marriott Fairfield Inn	Syndicated Equities	Milwaukee, WI	—	4.7 yr	0.08×	-41.79%
Marriott Residence Inn	Syndicated Equities	Alexandria, VA	—	10.1 yr	0.87×	-1.37%
Marriott TownePlace Suites	Syndicated Equities	Indianapolis, IN	—	6.0 yr	0.45×	-12.54%
Mars Petcare	Syndicated Equities	Columbus, OH	—	4.5 yr	1.69×	12.22%
Merit Medical	Syndicated Equities	Pearland, TX	—	4.5 yr	1.94×	15.70%
Metropolitan Place Retail	Syndicated Equities	Chicago, IL	—	9 yr	1.78×	6.62%
National Archives & Records	Syndicated Equities	Riverside, CA	—	10.1 yr	1.41×	3.46%
National Fire & Resource	Syndicated Equities	Tucson, AZ	—	10.1 yr	1.56×	4.52%
NorthShore University HealthSystem	Syndicated Equities	Bannockburn, IL	—	9.3 yr	1.83×	6.70%
Norwalk Office Building	Syndicated Equities	Norwalk, CA	—	15 yr	1.26×	1.55%
Plaza at the Pointe	Syndicated Equities	Pittsburgh, PA	—	5.6 yr	1.71×	10.05%
Pointe Plaza Shopping Center	Syndicated Equities	Niles, IL	—	2.5 yr	1.17×	6.50%
Public Square Garage	Syndicated Equities	Nashville, TN	—	9.3 yr	0.39×	-9.66%
Ravinia Plaza Shopping Center	Syndicated Equities	Orland Park, IL	—	3.1 yr	1.31×	9.05%
Retail Shopping Centers	Syndicated Equities	Indiana & Kentucky	—	8.1 yr	0.32×	-13.15%
Rio 21 and Texan 28 (UT)	Syndicated Equities	Austin, TX	—	8.1 yr	0.92×	-1.02%
Rite Aid	Syndicated Equities	Youngstown, OH	—	16.0 yr	2.60×	6.15%
River North Retail Development	Syndicated Equities	Chicago, IL	—	6.9 yr	1.21×	2.80%
Riverstone Apartments	Syndicated Equities	Kansas City, MO	—	3.3 yr	1.50×	13.12%
Rush-Copley	Syndicated Equities	Aurora, IL	—	9.8 yr	0.42×	-8.45%
Sears Sterling	Syndicated Equities	Lombard, IL	—	15.2 yr	3.11×	7.74%
Severance Town Center	Syndicated Equities	Cleveland Heights, OH	—	11.8 yr	0.58×	-4.53%
Shops of Beverly	Syndicated Equities	Beverly, IL	—	11.6 yr	0.56×	-4.87%
Social Security Administration	Syndicated Equities	Valparaiso, IN	—	13.0 yr	1.20×	1.41%
Social Security Administration	Syndicated Equities	Aurora, IL	—	12.6 yr	1.40×	2.71%
Social Security Administration	Syndicated Equities	Fort Wayne, IN	—	12.7 yr	1.53×	3.42%
Social Security Administration	Syndicated Equities	Worthington, OH	—	12.7 yr	1.36×	2.46%
Social Security Administration	Syndicated Equities	Fort Smith, AR	—	12.2 yr	1.57×	3.76%
Social Security Administration	Syndicated Equities	Whitehall, OH	—	12.9 yr	1.51×	3.25%
Social Security Administration	Syndicated Equities	Indianapolis, IN	—	12.8 yr	1.25×	1.76%
Staybridge Suites	Syndicated Equities	Mayfield, OH	—	5.4 yr	0.14×	-30.36%
Stone Falls of Ada	Syndicated Equities	Ada, MI	—	3.7 yr	1.92×	19.48%
Student Housing Development	Syndicated Equities	Carbondale, IL	—	1.3 yr	1.13×	9.81%
Student Housing Development	Syndicated Equities	Ottawa, Canada	—	2.4 yr	1.36×	13.70%
The Vista & Willow Creek	Syndicated Equities	Portage and Battle Creek, MI	—	2.2 yr	1.19×	8.20%
Timber Hollow Apartments	Syndicated Equities	Fairfield, OH	—	5.0 yr	1.47×	8.10%
Two Park Office Building	Syndicated Equities	Milwaukee, WI	—	2.6 yr	1.02×	0.77%
United Healthcare Portfolio	Syndicated Equities	Las Vegas, NV	—	5.8 yr	1.48×	7.05%
Volkswagen Distribution Facility	Syndicated Equities	Libertyville, IL	—	8.3 yr	1.45×	4.57%
Walgreens	Syndicated Equities	Hickory Hills, IL	—	4.6 yr	1.68×	11.85%
Walgreens	Syndicated Equities	Clarkston, MI	—	9.9 yr	1.99×	7.22%
Walgreens	Syndicated Equities	Pueblo, CO	—	10.1 yr	1.96×	6.92%
Walgreens	Syndicated Equities	Amarillo, TX	—	9.8 yr	1.79×	6.14%
Walgreens	Syndicated Equities	Chicago, IL	—	11.0 yr	2.14×	7.15%
Walgreens	Syndicated Equities	Darien, IL	—	12.1 yr	1.78×	4.87%
Walgreens	Syndicated Equities	Chicago Heights, IL	—	9.9 yr	1.72×	5.61%
Walgreens	Syndicated Equities	Alexandria, MN	—	5.0 yr	1.44×	7.48%
Walgreens	Syndicated Equities	Del City, OK	—	24.3 yr	5.59×	7.33%
Walgreens Center	Syndicated Equities	Sullivan, MO	—	9.3 yr	0.90×	-1.12%
Walker House Apartments	Syndicated Equities	Gaithersburg, MD	—	3.9 yr	1.62×	13.32%
Webster Place Shopping Center	Syndicated Equities	Chicago, IL	—	13.6 yr	1.68×	3.89%
Wells Place Apartment Development	Syndicated Equities	Chicago, IL	—	3.4 yr	1.33×	8.74%
West Loop Multifamily Development	Syndicated Equities	Chicago, IL	—	6.6 yr	1.57×	7.08%
124 Hudson Street TIC	Time Equities	New York, NY	Retail	12.1 yr	2.42×	8.68%
185 Oregon Equities LLC	Time Equities	Hillsboro, OR	Office	11.7 yr	4.65×	25.15%
Abbeville	Time Equities	Abbeville, SC	Retail	4.7 yr	1.43×	10.41%
Austell Place Equities LLC	Time Equities	Long Island City, NY	Industrial	14.3 yr	12.51×	25.18%
Broad Bridge Equities Group LP	Time Equities	Bridgeport, CT	Mortgage	2.8 yr	2.24×	37.56%
Canton Equities Group LP	Time Equities	Canton, MA	Industrial	10.3 yr	4.07×	17.57%
Glenmore Commerce Court	Time Equities	Calgary, Alberta	Office	2.8 yr	2.40×	56.07%
Huffman Koos Livingston Property	Time Equities	Livingston, NJ	Retail	3.2 yr	1.68×	18.90%
Hunt Club Equities LLC	Time Equities	Madison, WI	Multifamily	7.9 yr	3.03×	20.64%
Kingsbury Apartments	Time Equities	St. Louis, MI	Multifamily	3.1 yr	1.68×	13.89%
Laguna Park Equities Group	Time Equities	Stockton, CA	Multifamily	4.9 yr	2.04×	18.43%
Merivale Shopping Center	Time Equities	Ottawa, Canada	Retail	4.5 yr	1.76×	27.37%
Placerville Equities LLC	Time Equities	Rancho Cordova, CA	Office	7.0 yr	2.63×	17.75%
Prospect Drive Equities LLC	Time Equities	Rancho Cordova, CA	Office	6.6 yr	2.24×	14.92%
Renaissance Equities LLC	Time Equities	Oklahoma City, OK	Multifamily	2.7 yr	0.00×	—
Shadow Ridge Growth Fund LP	Time Equities	LaVista, NE	Multifamily	13.1 yr	2.70×	15.55%
TEI Peachtree 25th TIC	Time Equities	Atlanta, GA	Office	9.7 yr	1.16×	4.19%
Villager Square LLC	Time Equities	Littleton, CO	Retail	9.6 yr	3.19×	17.21%
Viscoe Road TIC	Time Equities	Radford, VA	Industrial	9.0 yr	0.00×	—
World Equities LLC	Time Equities	Omaha, NE	Office	12.1 yr	1.73×	12.03%

Equity multiple = total equity returned ÷ invested equity; hold = acquisition to disposition. Figures are sponsor-reported and compiled by Baker 1031, are not independently verified, and are qualified by each program's offering documents. This is not an offer or a solicitation.

Sector Yield Benchmarks

Current offerings · Q2 2026

Average going-in distribution (current yield), projected peak distribution, and projected distribution growth, computed across the current offerings in each sector.

Average Current vs. Peak Distribution by Sector

% of equity · projected

DST sector distribution benchmarks (projected, current offerings)
Property Sector	Avg. Current Yield	Avg. Peak Yield	Avg. Distribution Growth
Oil & Gas Mineral / Royalty	9.60%	10.00%	25.00%
Marina	7.98%	9.70%	38.37%
Healthcare	6.41%	7.03%	15.43%
Industrial	5.39%	5.84%	13.50%
Small-Bay Industrial	5.36%	6.23%	34.85%
Net Lease	5.21%	5.47%	9.91%
Senior Living	5.12%	6.65%	44.55%
Multifamily	5.04%	5.95%	33.66%
GSA (Government)	4.70%	4.70%	0.00%
Self-Storage	4.50%	4.79%	13.87%
Life Sciences	4.07%	4.18%	0.00%
Hospitality	3.20%	3.40%	6.67%
Office	2.79%	3.00%	11.48%
Land	0.00%	0.00%	0.00%

Distributions are sponsor projections, are not guaranteed, and are qualified by each offering's private placement memorandum.

Current Marketplace Snapshot

Live · Baker 1031 Offerings

A point-in-time view of the offerings currently on the marketplace. Browse all offerings →

Offerings Tracked4DST & mineral-royalty programs

Sponsors4Across the current marketplace

Property Sectors4Multifamily to mineral & royalty

Current Distribution Range4.0–8.0%Year-1, income-producing offerings

Minimum Investment$100KLowest current minimum

StructuresDSTPlus direct mineral & royalty interests

The Baker 1031 Data Advantage

Curation, measured: preferred sponsors vs. the whole market.

Metric	All Platform	Preferred Sponsors
Full-Cycle Programs	653	552
Avg. Annual Return	14.95%	20.76%
Avg. Equity Multiple	1.46×	1.53×
Avg. Hold Period	4.7 yrs	3.6 yrs
Success Rate	96.5%	98.1%

Methodology & disclosures: "Full-cycle" means a program that has been acquired, held, and sold (realized). Figures aggregate realized, net-to-investor results reported by sponsors and compiled by Baker 1031; "Preferred Sponsors" is the curated subset of sponsors on the Baker 1031 platform. Sector benchmarks are averages of sponsor projections across current offerings and are not realized results. All figures are estimates compiled for informational purposes, are not guaranteed, and are qualified in their entirety by each offering's private placement memorandum. Past performance does not guarantee future results. This is not an offer to sell or a solicitation to buy any security, or tax, legal, or investment advice. “Preferred Sponsors” is Baker 1031's own designation, not an endorsement, recommendation, or guarantee of any security or future performance, and may reflect business relationships. Baker 1031 is not affiliated with, sponsored by, or endorsed by the firms listed; names and marks are the property of their respective owners, and a listing is not a recommendation or an indication that a sponsor's offerings are available.

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DST Market Data Center

Sponsor Full-Cycle Performance

Average Annual Return by Sponsor

Full-Cycle Realized Deals

Sector Yield Benchmarks

Average Current vs. Peak Distribution by Sector

Current Marketplace Snapshot

Curation, measured: preferred sponsors vs. the whole market.

DST Market Data Center

Sponsor Full-Cycle Performance

Average Annual Return by Sponsor

Full-Cycle Realized Deals

Sector Yield Benchmarks

Average Current vs. Peak Distribution by Sector

Current Marketplace Snapshot

Curation, measured: preferred sponsors vs. the whole market.

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