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Denver, CO · Real Estate · Form D filed Sep 30, 2026

ADREX Diversified 10 DST raised $490M

ADREX Diversified 10 DST is a real estate company based in Denver, Colorado. In an amended Form D filed with the SEC on September 30, 2026, it reported raising $489,650,000 from 265 investors as part of an offering of up to $489,650,000. The first sale in the offering took place on October 27, 2025.

$381M raised since 2020

1 Form D offering, as reported to the SEC. Amendments update a round; they aren't counted twice.

FiledSoldOffering sizeInvestors
Oct 6, 2025$381M$540M202

Placement agents: Ares Wealth Management Solutions, LLC, LPL Financial LLC, Merrill Lynch Pierce Fenner & Smith Incorporated, Rockefeller Financial LLC, Ares Management Capital Markets LLC, RBC Capital Markets, LLC

Filing details

Amount raised
$489,650,000
Offering size
$489,650,000
Investors so far
265
Minimum investment
$500,000
First sale
October 27, 2025
Securities offered
Equity
Exemption claimed
Rule 506(b)
Industry
Real Estate
Headquarters
Denver, Colorado
Incorporated
Delaware, 2025
Entity type
Other

Filings

FiledFormRaisedOffering sizeInvestorsSource
D/A (amendment) $489,650,000 $489,650,000 265 SEC filing

Figures come from the company's own filing with the SEC and are shown as reported. How to read a Form D.

Updated · Raises in the week of Sep 28, 2026 · Raises in Colorado · September 2026 funding report

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