Form D · Other Real Estate

ADREX Diversified 10 DST

Denver, CO · CIK 0002090008

Offering snapshot reported Sep 30, 2026 · SEC filing

Reported sold
$490M
Offering amount: $490M
Investors reported
265
Form D · investor count
Minimum accepted
$500K
Reported outside-investor minimum
First sale
Oct 27, 2025
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$245M$490MOct 6, 2025Feb 27, 2026: $381,006,617.00Feb 27, 2026Sep 30, 2026: $489,650,000.00Sep 30, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$381,006,617 → $489,650,000
  • Reported investors202 → 265

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 30, 2026Amendment$489,650,000$108,643,383vs Feb 27, 2026265SEC filing
Feb 27, 2026Amendment$381,006,617No comparison202SEC filing
Oct 6, 2025InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$27M (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-559882

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Ares Management Capital Markets LLC166219
RBC Capital Markets, LLC31194
Robert W. Baird & Co. Incorporated8158
Wells Fargo Advisors Financial Network, LLC11025
Raymond James & Associates, Inc.705
Wells Fargo Clearing Services, LLC19616
Ameriprise Financial Services, LLC6363
UBS Financial Services Inc.8174
Sanctuary Securities, Inc.205
Janney Montgomery Scott LLC463
J.P. Morgan Securities LLC79
Morgan Stanley149777
Osaic Wealth, Inc.23131
Mml Investors Services, LLC10409
Commonwealth Financial Network8032
LPL Financial LLC6413
Merrill Lynch Pierce Fenner & Smith Incorporated7691
Rockefeller Financial LLC291361

Source: Form D, filed Sep 30, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A Adrex Diversified 10 Manager Llc Executive
N/A Adrex Diversified 10 Trs Llc Executive
N/A Ares Diversified Real Estate Exchange Llc Executive

Issuer details

Industry: Other Real Estate (See others in industry)

Address:
1200 17 Th Street Suite 2900
Denver, CO, 80202