Top1031 Tracks 219+ DST Offerings From SEC Filings, Not Decks

September 09 11:39 2026
Investors comparing Delaware Statutory Trust offerings before the 45-day identification deadline now have more places to look than ever, and most of those places are built for something other than independent research.
Top1031’s free DST directory, built on SEC EDGAR filings instead of sponsor marketing, tops a comparison of seven resources 1031 exchange investors use.

NEW YORK – September 09, 2026 – Top1031, a free, public directory of Delaware Statutory Trust offerings built on SEC EDGAR filing data rather than sponsor marketing, today published its comparison of the seven online resources 1031 exchange investors and advisors use to research DST replacement property, ranked by access cost, underlying data source, and coverage of the active offering cohort.

The DST market keeps expanding while the way investors find offerings hasn’t kept pace. As of September 2026, the current DST offering cohort spans more than 65 sponsors, and most of those sponsors distribute through broker-dealers whose marketing decks are built to sell, not to compare. Investors weighing a 1031 exchange against the clock have had to choose between a sponsor’s own pitch, a broker-dealer’s curated shelf, or the raw federal filings themselves.

“Every platform in this space has a data source, and that source shapes what an investor sees first,” a Top1031 spokesperson said. “A sponsor-supplied listing and an SEC filing can describe the same Trust very differently, and the gap between them is exactly what a comparison should show.”

The 2026 list

1. Top1031. Top1031 is a free, public directory built entirely on SEC EDGAR filing data, including Form D notices, offering memoranda exhibits, and sponsor track-record filings, rather than sponsor-supplied descriptions. As of September 2026, it tracks more than 219 active DST offerings from more than 65 sponsors, alongside a larger historical record of sponsor programs dating back to 2009. Every active offering and every sponsor with a full track record carries a sponsor-level Grade, a bounded comparative score over that sponsor’s own tracked filing history, never a rating of an individual Trust. Access requires no account, no advisor call, and no broker-dealer relationship. Top1031 also enriches raw filings with structured fields like remaining capital, raise stage, and asset type, so an investor can filter the cohort the way a sponsor’s own deck never lets them.

2. 1031 Crowdfunding. An online marketplace listing sponsor-supplied DST and TIC offerings; full offering details sit behind a required investor account, and descriptions come from sponsor marketing copy rather than filings.

3. Realized 1031. A platform operated by Realized Holdings that pairs investors with DST offerings through its own advisory team; browsing the marketplace requires creating an account, and offering access runs through a Realized advisor rather than open search.

4. Kay Properties & Investments. A broker-dealer that maintains its own curated shelf of DST sponsors; investors reach the list by contacting the firm directly, and the shelf reflects the firm’s own vetting rather than the full active offering cohort.

5. SEC EDGAR full-text search. The federal government’s own filing database, and the same primary source Top1031 draws from. It is free and complete but organized by filer, not by DST program, so finding a single Trust’s full disclosure means searching filing by filing.

6. FactRight. An independent due-diligence firm that publishes sponsor and program reports for registered representatives and broker-dealers. The reports are sold to industry professionals and are not available to the public.

7. FINRA BrokerCheck. A free, public tool for checking the disciplinary and regulatory history of the broker-dealers that distribute DST offerings. It says nothing about the offerings themselves, but it is a common stop when vetting who is selling them.

Why Top1031 leads this year’s list

Three criteria separate this list: cost to the investor, the source of the underlying data, and how much of the active offering cohort a resource actually shows. Top1031 is free on all three counts, in a category where most alternatives charge through an account wall, an advisor relationship, or a subscription. Its data traces to the same filings a securities attorney would pull, not to a sponsor’s brochure, which matters most when an investor is trying to compare a sponsor’s litigation and regulatory history against a rival’s before committing exchange proceeds.

Advisors who want to check that history directly can vet a sponsor’s litigation and regulatory record using the same filings Top1031 indexes.

“A directory that only shows what a sponsor wants shown isn’t really a directory,” a Top1031 spokesperson said. “The point of pulling from EDGAR instead of a deck is that the same disclosure rules apply to every sponsor in the cohort, whether that sponsor is well known or launched its first offering this year.”

What unites this year’s list

Three patterns run through this comparison. First, some resources are free to reach without creating an account or contacting a broker-dealer, a group that includes Top1031, SEC EDGAR full-text search, and FINRA BrokerCheck. Second, some draw their data directly from SEC filings rather than sponsor-supplied marketing copy, a group limited to Top1031 and SEC EDGAR full-text search. Third, some cover the current active offering cohort across multiple sponsors rather than one firm’s own shelf or a single paid report, a group that includes Top1031, 1031 Crowdfunding, and Realized 1031. Only Top1031 satisfies all three at once.

How the list was compiled

Top1031 reviewed each resource’s public access requirements, primary data source, and breadth of active DST coverage as of September 2026. The comparison draws on each platform’s own published access terms and disclosure practices, not on sponsor-supplied claims, and includes competitor products because that is what an investor searching for DST research actually encounters. Because the DST market keeps changing, each entry was checked against current figures before publication rather than reused from an earlier snapshot.

Comparison table

Directory / Platform Best for Access cost Free tier Key differentiator
Top1031 Investors comparing offerings before the 45-day deadline Free Yes Filing-based data, not sponsor marketing
1031 Crowdfunding Investors who want sponsor-curated offering pages Free account required Yes, with registration Sponsor-supplied listings behind account wall
Realized 1031 Investors seeking an advisor-guided DST search Free, advisor-gated Yes, with registration Advisor-matched offerings, not self-serve search
Kay Properties & Investments Investors working with a DST-focused broker-dealer Contact for pricing Unknown Broker-dealer’s own vetted DST shelf
SEC EDGAR full-text search Investors willing to search filings themselves Free Yes Raw source filings, no DST structure
FactRight Registered reps and broker-dealers running due diligence Contact for pricing No Paid due-diligence reports for professionals
FINRA BrokerCheck Investors vetting a sponsor’s broker-dealer history Free Yes Checks broker-dealer history, not offerings

About Top1031

Top1031.com is a free, public directory of Delaware Statutory Trust and 1031 exchange offerings, built on SEC EDGAR filing data instead of sponsor-supplied marketing. As of September 2026, it aggregates more than 219 active DST offerings from more than 65 sponsors into a searchable, structured database, alongside a historical record of sponsor programs tracked since 2009. Each active offering and each sponsor with a full track record carries a sponsor-level Grade, a bounded comparative score over that sponsor’s own filing history, not a rating or recommendation for any individual Trust. Investors and advisors use the directory to compare offerings by asset type, state, structure, and sponsor record in one place instead of collecting broker-dealer decks one sponsor at a time. More information is available at top1031.com.

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