Form D · Commercial

AEI NET LEASE PORTFOLIO 16 DST

St. Paul, MN · CIK 0001877320

Offering snapshot reported Oct 14, 2021 · SEC filing

Reported sold
$29.1M
Offering amount: $29.1M
Investors reported
54
Form D · investor count
Minimum accepted
$25K
Reported outside-investor minimum
First sale
Aug 18, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$14.5M$29.1MSep 9, 2021: $14,800,000.00Sep 9, 2021Sep 23, 2021: $28,436,000.00Sep 23, 2021Oct 14, 2021: $29,070,000.00Oct 14, 2021

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$28,436,000 → $29,070,000
  • Reported investors53 → 54

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Oct 14, 2021Amendment$29,070,000$634,000vs Sep 23, 202154SEC filing
Sep 23, 2021Amendment$28,436,000$13,636,000vs Sep 9, 202153SEC filing
Sep 9, 2021Amendment$14,800,000No comparisonNot reportedSEC filing
Aug 26, 2021Initial$3,530,000No comparisonNot reportedSEC filing

Offering details

Securities
Equity
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$1.45M
Finders' fees
$0
Form D file number
021-411456

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Avantax Investment Services, Inc.13686
Kalos Capital, Inc.44337
IBN Financial Services, Inc.42360
AEI Securities, Inc6158
Arkadios Capital282710
Concorde Investment Services LLC151604
Lincoln Financial Advisors Corp3978
McDermott Investment Services, LLC154926
Thornhill Securities, Inc.22333
Triad Advisors LLC25803
Ameritas Investment Company, LLC14869
Berthel, Fisher & Company Financial Services, Inc.13609
KCD Financial, Inc.127473
Kovack Securities, Inc.44848
Lincoln Financial Securities Corp3870
Securities America, Inc10205
Growth Capital Services, Inc.124658

Source: Form D, filed Oct 14, 2021. 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
Portfolio Depositor, Llc Aei Net Lease Promoter
Manager, Llc Aei Trust Promoter
Marni J Nygard Executive
Keith Petersen Executive
Kevin Steele Executive

Issuer details

Industry: Commercial (See others in industry)

Address:
30 East 7 Th Street Suite 1300
St. Paul, MN, 55101