September 19, 2025

In Today’s Edition

Today’s alert features 30 offerings totaling approximately $1 billion, including offerings from JLL Income Property Trust, MedCraft, and Grocapitus. Sponsors are located in Chicago, IL, Hopkins, MN, and Prosper, TX.

Offering Amounts range from $10,000 to $268 million, with minimum investments up to $1 million. Today’s offerings include 7 funds and 23 single-asset offerings.

GPs in Focus

JLL Income Property Trust is a core real estate‑focused NAV REIT headquartered in Chicago, IL, managed by JLL and advised by LaSalle Investment Management. The trust provides accredited and institutional investors access to a diversified portfolio of income‑producing properties—including industrial, healthcare, grocery‑anchored retail, office, and other strategically selected sectors.

Offering Name: JLLX Diversified 10, DST

Offering Amount: $268,270,270

Investment Minimum: $75,000

Type of Offering: 506(b)

MedCraft Healthcare Real Estate is a Minneapolis-based real estate development firm specializing exclusively in developing, financing, and managing ambulatory care and medical office buildings. With a 40+ year track record, the firm has completed over 125 projects valued at more than $7 billion, working closely with leading health systems and physicians nationwide. The firm employs approximately +/-24 people.

Offering Name: MedCraft Medical Outpatient Building Fund II, L.P.

Offering Amount: $150,000,000

Investment Minimum: $1,000,000

Type of Offering: 506(b)

Grocapitus Investments is a Fremont, California‑based real estate investment firm that specializes in multifamily, student housing, and self‑storage. To date, they’ve raised over $200 million in equity, deployed capital across 21 projects (9 of which have been sold) spanning 11 states and 17 metropolitan areas, and oversee approximately 4,400 units/beds. Their active and completed portfolio carries a combined value of $660.4 million. The firm was founded in 2018 and now employs approximately +/-33 people.

Offering Name: Grocapitus Next Gen Communities Fund I, LLC

Offering Amount: $100,000,000

Investment Minimum: $100,000

Type of Offering: 506(c)

CRE Capital Raises: September 19

GP/Sponsor

Location

Offering Name

Minimum Investment

$ Offering Amount

TACOMA, WA

Aero Precision, LLC

$1,000,000

$20,000,000

HOUSTON, TX

Hollister Place, LLC

$25,000

$30,000,000

BIRMINGHAM, AL

OG East Bay Holdings, LLC

$50000

$19,622,500

VANCOUVER, WA

Alyster Members LLC

0

$25,000,000

PASADENA, CA

GW Livermore, LLC

$150,000

$9,100,000

TORRANCE, CA

Essential Net Lease Industrial 99 DST

$1,000

$5,501,030

PLANO, TX

Melissa Development Phase I Property LLC

$75,000

$5,000,000

CHICAGO, IL

JLLX Glendale Distribution Center, DST

$75,000

$99,835,796

PROSPER, TX

Grocapitus Next Gen Communities Fund I, LLC

$100,000

$100,000,000

MERIDIAN, ID

Kendu-Bay Multifamily Fund Limited Partnership

$100,000

$50,000,000

MOORESVILLE, NC

MV2 Investments Fund LLC

$50,000

$5,000,000

CORAL GABLES, FL

Shem Bowline LLC

$100,000

$6,900,000

CHICAGO, IL

JLLX Diversified 10, DST

$75,000

$268,270,270

SALISBURY, MD

Nevo Capital LLC

$50,000

$50,000,000

TUCSON, AZ

Holualoa Cabana Kyrene, LLC

$1,500

$20,800,000

RALEIGH, NC

FPC Arbors Fairview F&F LLC

$100,000

$1,526,000

WACO, TX

Rivergate Capital Select Fund I, LP

$10,000

$1,350,000

DALLAS, TX

GG Kings Road B1 Fund, LLC

$15,000

$14,000,000

HOPKINS, MN

MedCraft Medical Outpatient Building Fund II, L.P.

$1,000,000

$150,000,000

FORT WORTH, TX

JVEC Alliance Industrial LLC

$100,000

$4,000,000

FORT WORTH. TX

JVEC Dallas Multifamily LLC

$100,000

$8,000,000

HOLLAND, MI

TXC Great Lakes Fund, LP

$25,000

$40,000,000

GIBBSBORO, NJ

North Crossing Equity Partners, LP

$25,000

$14,300,000

Rockwall, TX

BPV CAPITAL LLC

$20,000

Indefinite

DENVER, CO

OP Barber Greene Road Investor, LLC

0

$10,000

DENVER, CO

OP Barber Greene Road, LLC

0

$4,175,000

WILMINGTON, DE

Legends Buligo LP

0

$27,245,300

MIDLAND, TX

ERP 1031 Industrial Portfolio III DST

$50,000

$29,650,000

SEATTLE, WA

Capitol Hill 1609 LLC

$100,000

$3,356,000

Final Word

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