DST Sponsors for 1031 Exchanges

Founded in 1970, AEI Capital Corporation (AEI Funds) is a leading national sponsor of debt-free net-leased real estate investments and DSTs, investing exclusively in healthcare and retail net-leased assets. AEI reports 152 real estate offerings sponsored, 518 properties acquired, and over $1.6 billion in investor equity raised since inception.

Bluerock Value Exchange (BVEX), a subsidiary of Bluerock Real Estate, is a national sponsor of syndicated 1031 exchange/DST offerings celebrating 20 years of sponsoring 1031 programs. It has sponsored 49 individual 1031 exchange programs amassing roughly $2.8 billion in assets and more than 14-15.5 million square feet of commercial and residential real estate, with focus on multifamily, industrial, and other commercial sectors in high-growth Sunbelt markets.

Cantor Fitzgerald, a diversified global financial services firm founded in 1945, sponsors DST offerings of institutional-quality properties for investors seeking passive 1031 and 721 exchange solutions through Cantor Fitzgerald Asset Management. The asset management division reports approximately $13 billion in assets under management across alternative and traditional strategies, including DSTs and non-traded REITs.

Capital Square (Capital Square Realty Advisors) is a national sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities, with a DST program focused heavily on multifamily and build-for-rent communities. Since 2012 the firm has completed more than $7.5 billion in transaction volume and describes itself as one of the nation's leading sponsors of DST and 1031 exchange offerings.

Cottonwood Communities, Inc. (CWREIT) is a publicly registered, non-traded NAV-based perpetual-life REIT focused exclusively on multifamily apartment communities, sponsored by Cottonwood Communities Advisors (operating since 2004). It offers DST Interests to accredited investors for 1031 exchanges, having commenced its first DST offering (Cottonwood Riverfront DST) in Q3 2025. As of March 31, 2026 its portfolio includes interests in 44 multifamily communities totaling 12,516 units.

Minneapolis-based, attorney-led Qualified Intermediary with 25+ years of experience facilitating exchanges nationwide, including forward, reverse and build-to-suit construction exchanges as well as exchanges involving Delaware Statutory Trusts. The firm maintains $1,000,000 fidelity bond coverage and segregated bank escrow accounts for client funds.

ExchangeRight structures and manages net-leased portfolios of assets backed primarily by investment-grade tenants in the necessity-based retail and healthcare sectors, offered through DSTs and an Essential Income REIT. Its vertically integrated platform reported more than $7.4 billion in assets under management across over 1,400 properties (28 million square feet) in 47 states as of May 31, 2026.

Founded in 2014, Four Springs TEN31 Xchange is the DST sponsor affiliate of Four Springs Capital Trust, a REIT focused on single-tenant, net-leased commercial properties. Its DSTs target industrial/warehouse, medical/office and retail assets under long-term double- and triple-net leases with creditworthy tenants; the platform has sponsored 30+ DST programs totaling more than $1 billion of net-leased real estate.

Hines, a global real estate investment, development and management firm founded in 1957, operates the Hines Real Estate Exchange (HREX) DST platform, offering 1031 investors interests in DSTs holding institutional-grade assets sourced from Hines Global Income Trust. Since launching HREX in 2022, Hines Private Wealth Solutions has completed more than $1 billion across seven DST offerings.

Subsidiary of The Inland Real Estate Group, Inland Private Capital is widely described as the largest provider of securitized 1031 exchange (DST) replacement-property programs in the U.S. As of June 30, 2024 the firm had sponsored 317 private placement real estate offerings and reported more than $12.2 billion in assets under management across a national footprint spanning 43 states.

JLL Exchange is the DST platform tied to JLL Income Property Trust, an institutionally managed daily NAV REIT advised by LaSalle Investment Management, providing institutional-quality properties through DSTs with a potential 721 UPREIT exit into the REIT after a holding period. Since its 2019 inception JLLX has attracted more than $1.95 billion across 26 DST offerings.

Kingsbarn Realty Capital is a national real estate investment manager headquartered in Las Vegas that provides real estate securities to institutional and accredited investors, including Delaware Statutory Trust (DST) offerings for 1031 exchanges. The firm reports $2.7B+ in assets under management across roughly 99 investment programs and 325 properties, spanning multiple property sectors nationwide.

Established in 1996, Moody National is a Houston-based, vertically integrated full-service commercial real estate firm whose DST 1031 programs are concentrated in hospitality and multifamily. The firm reports providing real estate investment programs to over 3,000 investors for roughly $3 billion in total capitalization.

NexPoint is a Dallas-based alternative investment firm (founded 2012) that sponsors DST 1031 exchange offerings across multifamily and self-storage, among other real estate strategies. Recent DST programs include multifamily communities and Class A self-storage portfolios, with the firm's self-storage platform exceeding $1.9 billion in value.

Passco Companies is a California-based, vertically integrated multifamily and commercial real estate firm operating since 1998 that has sponsored DST, TIC, LLC and private REIT 1031 programs. The firm reports having acquired over $7 billion in multifamily and commercial assets and served more than 12,000 investors.

Peachtree Group is a vertically integrated real estate investment firm operating across acquisitions, credit/lending, and development, with an integrated platform spanning asset management, construction, and property operations. It sponsors DST offerings for 1031 exchange investors, with asset focus including hospitality (hotels), multifamily, and industrial. The firm reports roughly $15.8 billion in real estate asset value across 880+ transactions.

Founded in January 2014, Starboard Realty Advisors is an Irvine, California-based fully integrated real estate firm that acquires multifamily, multi-tenant retail shopping centers, and NNN net-lease properties for 1031 exchange clients through DST, LLC, and TIC structures.

Ares Real Estate Exchange is the DST/1031 platform offered through Ares Wealth Management Solutions, part of Ares Management, a global alternative investment manager. Under IRC Sections 1031 and 721, AREX enables investors to exchange appreciated investment property for interests in professionally managed, institutional-quality real estate as like-kind replacement property.