Cove Net Lease Distribution 50 DST
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$7M
Investors
32
Min Invest
$1,000
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What this filing shows
·Every sentence is a value as filed on SEC Form D
Cove Net Lease Distribution 50 DST is a Delaware entity that first filed a Form D on March 22, 2022 and most recently amended it on June 16, 2022 in the Commercial industry group. The offering claims Rule 506(c). Cove Net Lease Distribution 50 DST reported $7,356,874 sold from 32 investors of a $7,790,295 total offering as of the Form D filed June 16, 2022. The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $1,000. The Form D names FNEX Capital, LLC (CRD 16316) as the recipient of sales compensation soliciting in all states. The issuer's address of record is 21515 Hawthorne Blvd Ste 360, Torrance, CA 90503.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
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In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
lapsed
Fund family Part of the Cove Net Lease Distribution DST family: 9 vehicles across 9 generations · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
- This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Cove Capital Investments, LLC
Promoter · Torrance, CA
Cove Net Lease Distribution 50 ST, LLC
Executive Officer · Torrance, CA
Signatory Trustee of Issuer.
Dwight Kay
Executive Officer · Torrance, CA
Mr. Kay is a member and manager of Cove Capital Investments, LLC, which is the sole member and manager of the Issuer's signatory.
Chay Lapin
Executive Officer · Torrance, CA
Mr. Lapin is a member and manager of Cove Capital Investments, LLC, which is the sole member and manager of the Issuer's signatory.
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
FNEX Capital, LLCCRD 16316 on BrokerCheck
Indianapolis, IN · Soliciting in all states
Questions About Cove Net Lease Distribution 50 DST
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Cove Net Lease Distribution 50 DST?
Cove Net Lease Distribution 50 DST is a Delaware entity that filed a Form D with the SEC on June 16, 2022 in the Commercial industry group. The filing claims Rule 506(c).
Is Cove Net Lease Distribution 50 DST legit?
AltStreet does not rate legitimacy; it reports the public record. Cove Net Lease Distribution 50 DST filed a Form D with the SEC on June 16, 2022 claiming Rule 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $7,356,874 sold to 32 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Cove Net Lease Distribution 50 DST registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Cove Net Lease Distribution 50 DST claimed Rule 506(c) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Cove Net Lease Distribution 50 DST raised?
Cove Net Lease Distribution 50 DST reported $7,356,874 sold from 32 investors of a $7,790,295 total offering as of the Form D filed June 16, 2022.
Who can invest in Cove Net Lease Distribution 50 DST?
The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $1,000.
What is the minimum investment in Cove Net Lease Distribution 50 DST?
The Form D lists $1,000 as the minimum investment accepted from any outside investor as of June 16, 2022. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Cove Net Lease Distribution 50 DST and how are they paid?
The Form D names FNEX Capital, LLC (CRD 16316) as the recipient of sales compensation soliciting in all states.
Who is behind Cove Net Lease Distribution 50 DST?
The Form D lists 4 related persons: Cove Capital Investments, LLC, promoter; Cove Net Lease Distribution 50 ST, LLC, executive officer (Signatory Trustee of Issuer); Dwight Kay, executive officer (Mr. Kay is a member and manager of Cove Capital Investments, LLC, which is the sole member and manager of the Issuer's signatory); Chay Lapin, executive officer (Mr. Lapin is a member and manager of Cove Capital Investments, LLC, which is the sole member and manager of the Issuer's signatory). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Cove Net Lease Distribution 50 DST located?
The issuer's address on its SEC filings is 21515 Hawthorne Blvd Ste 360, Torrance, CA 90503. Its phone number of record is 18778991315. It is organized under the laws of Delaware.
How long is the Cove Net Lease Distribution 50 DST offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 3 amendments are on record for this CIK.
What is Cove Net Lease Distribution 50 DST's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.