Origin Investments Makes 1st DST Acquisition for Newly Launched Investment Program

Origin Investments completed its first Delaware Statutory Trust (DST) acquisition as part of its Origin Exchange investment program launched in May with the purchase of The Starling, a 300-unit multifamily community in Princeton, TX developed in 2022. Investments in the DST, which was 65% reserved before closing, begin at $250,000.

“This institutional-quality property meets the demands of 1031 exchange investors seeking to transition out of active management and into a professionally managed asset that maximizes long-term investment returns,” said Michael O’Shea, VP, Origin Exchange.

The goal behind the launch of the program is to “upend the 1031 exchange market,” Origin said. “The 1031 exchange market is riddled with sponsors who charge outrageous fee structures, and our goal is to give investors a better option,” added David Scherer, co-CEO, Origin Investments.

The Starling is the firm’s first common equity acquisition of an existing multifamily community since March 2020. The firm has focused almost exclusively on ground-up development opportunities for over four years. During that period, Origin has committed nearly $785 million in common equity to 36 ground-up developments totaling over 10,000 units.

Pictured: The Starling