Form D · Other Real Estate
Government Lease Holdings 2 DST
Nashua, NH · CIK 0002045048
Offering snapshot reported Oct 27, 2025 · SEC filing
- Reported sold
- $34.8M Offering amount: $175M
- Investors reported
- 99 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- Nov 8, 2024 As reported in this filing
Fundraising history
Reported soldDates 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$12,922,681 → $34,757,548
- Reported investors1 → 99
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Oct 27, 2025 | Amendment | $34,757,548 | $21,834,867vs Nov 20, 2024 | 99 | SEC filing |
| Jun 20, 2025 | Amendment | $34,757,548 | $21,834,867vs Nov 20, 2024 | 99 | SEC filing |
| Dec 13, 2024 | Amendment | $8,356,693 | -$4,565,988vs Nov 20, 2024 | 6 | SEC filing |
| Nov 25, 2024 | Amendment | $5,608,827 | -$7,313,854vs Nov 20, 2024 | 1 | SEC filing |
| Nov 20, 2024 | Initial | $12,922,681 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Other
- Exemptions
- 06c
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $1.86M
- Finders' fees
- $0
- Form D file number
- 021-529978
Beneficial interests in a Delaware statutory trust
No sales commissions are paid to Clearview Trading Advisors, Inc., however they will receive a placement fee of 0.10% of the aggregate purchase price of the Interests, and a $5,000 monthly advisory fee.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Roger William Bowlin | 001905652 | Aurora Securities · CRD 000046147 |
| Chay Thomas Lapin | 006275140 | FNEX Capital, LLC · CRD 000166316 |
| Timothy James Emmanuel | 007857742 | FNEX Capital, LLC · CRD 000166316 |
| Orrin Foster Barrow | 006784158 | FNEX Capital, LLC · CRD 000166316 |
| David Andrew Kangas | 006591398 | Wealthforge Securities, LLC · CRD 000152550 |
| Bradford Lee Watt | 002565438 | Saxony Securities, Inc. · CRD 000115547 |
| David George Bulger | 003180806 | Realta Equities, Inc. · CRD 000023769 |
| Kirsten Rebecca Eriksson | 007475882 | Cabin Securities, Inc. · CRD 000137608 |
| Sam Bhushan | 004884717 | Cabin Securities, Inc. · CRD 000137608 |
| RCX Capital Group, LLC | 000114290 | |
| John Paul Ledesma | 002379751 | Emerson Equity LLC · CRD 000130032 |
| John Danh Nguyen | 004919629 | Money Concepts Capital Corp. · CRD 000012963 |
| Scott David Offerman | 004619093 | 1031 Securities Inc. · CRD 000326590 |
| Andrew David Raney | 005120161 | Metropolitan Capital Investment Banc, Inc. · CRD 000148820 |
| Jeremy Hudgens | 007841753 | FNEX Capital, LLC · CRD 000166316 |
| Richard Hulett Hickman | 001860694 | Berthel, Fisher & Company Financial Services, Inc. · CRD 000013609 |
| Thomas Arthur Olsen | 007338381 | FNEX Capital, LLC · CRD 000166316 |
| Matthew Douglas McFarland | 006675310 | FNEX Capital, LLC · CRD 000166316 |
| April Diane Guinchard | 001729146 | Rex Capital Group, LLC · CRD 000114290 |
| Ronnie Glenn Richardson | 007345870 | RCX Capital Group, LLC · CRD 000114290 |
| Alexander Sanford Madden | 007089201 | FNEX Capital, LLC · CRD 000166316 |
| Paul Michael Grumann | 004281475 | RCX Capital Group, LLC · CRD 000114290 |
| Jean-Louis Guinchard | 001983431 | RCX Capital Group, LLC · CRD 000114290 |
| Paul Angelo Manese | 004642565 | RCX Capital Group, LLC · CRD 000114290 |
| Joseph Allen Nugent | 004019776 | Arkadios Capital · CRD 000282710 |
| Robert George Langhorst | 001832998 | Aurora Securities · CRD 000046147 |
| Stacey Jim Morimoto | 004420782 | Stax Capital · CRD 000300607 |
| Nicholas Robert Snyder | 007138151 | FNEX Capital, LLC · CRD 000166316 |
| Trawnegan Gall | 006266415 | WealthForge Securities, LLC · CRD 000152550 |
| Alexander Sandford Madden | 007089201 | FNEX Capital, LLC · CRD 000166316 |
| John Marvin Butler | 001951436 | Investment Security Corporation · CRD 000047536 |
| James Thomas Nagle | 048974499 | Lightpath Capital, Inc. · CRD 000034617 |
| Paul M. Getty | 006470002 | Emerson Equity, LLC · CRD 000130032 |
| Dillon Dee Hall | 006463342 | Realta Equities, Inc. · CRD 000023769 |
| Tania Rene Jernigan | 002007819 | Emerson Equity, LLC · CRD 000130032 |
| Timothy John Sherer | 000833618 | Emerson Equity, LLC · CRD 000130032 |
| Edward Fernandez | 002956661 | Capulent LLC · CRD 000155155 |
| William LaPiana | 004580411 | Ausdal Financial Partners, Inc · CRD 000007995 |
| Michael Ghirardo | 007314050 | Emerson Equity, LLC · CRD 000130032 |
| Daniel James Mercer | 006698392 | Emerson Equity, LLC · CRD 000130032 |
| Reed Haimson | 005533993 | Great Point Capital LLC · CRD 000114203 |
Source: Form D, filed Oct 27, 2025. 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.
| Name | Reported role |
|---|---|
| Douglas F. Blough | Executive |
| Bruce S. Mac Donald | Executive |
Issuer details
Industry: Other Real Estate (See others in industry)
Address:
C/O Net Lease Capital Advisors Llc 10 Tara Boulevard, Suite 501
Nashua, NH, 03062
Nashua, NH, 03062