AIREX Portfolio 11 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
Pre-open
Investors
—
Min Invest
$500,000
What this filing shows
·Every sentence is a value as filed on SEC Form D
AIREX Portfolio 11 DST is a Delaware entity that filed a Form D with the SEC on April 13, 2026 in the Other Real Estate industry group. The offering claims Rule 506(b) and covers equity. AIREX Portfolio 11 DST reported that the first sale had not yet occurred as of the Form D filed April 13, 2026, so no amount sold or investor count is on file. The total offering amount is $459,338,843. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $500,000. The Form D names Ares Management Capital Markets LLC (CRD 166219), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $22,966,942 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 1200 17th Street, Suite 2900, Denver, CO 80202.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
Fund Family
Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.
Fund family
AIREX Portfolio DST9 vehicles · 9 generations · since 2022 · $1.60B sold across the family
This issuer is in Fund XI · Fund X had sold $114.7M at the same age (6 months from first filing)
| Vehicle | Role | First filed | Status | Sold | Investors |
|---|---|---|---|---|---|
| Fund XII · first filed 2026-10-14 · 1 vehicle | |||||
| AIREX Portfolio 12 DST | 2026-10-14 | pre sale | $0 | 0 | |
| Fund XI · first filed 2026-04-13 · 1 vehicle | |||||
| AIREX Portfolio 11 DSTthis issuer | 2026-04-13 | pre sale | $0 | 0 | |
| Fund X · first filed 2025-10-07 · 1 vehicle · $223.9M sold · 108 investors | |||||
| AIREX Portfolio 10 DST | 2025-10-07 | closed | $223.9M | 108 | |
| Fund IX · first filed 2025-07-02 · 1 vehicle · $115.0M sold · 60 investors | |||||
| AIREX Portfolio 9 DST | 2025-07-02 | closed | $115.0M | 60 | |
| Fund VIII · first filed 2024-06-10 · 1 vehicle · $117.5M sold · 83 investors | |||||
| Airex Portfolio 8 DST | 2024-06-10 | closed | $117.5M | 83 | |
| Fund VII · first filed 2023-08-23 · 1 vehicle · $219.2M sold · 159 investors | |||||
| AIREX Portfolio 7 DST | 2023-08-23 | closed | $219.2M | 159 | |
| Fund VI · first filed 2022-11-15 · 1 vehicle · $316.3M sold · 125 investors | |||||
| AIREX Portfolio VI DST | 2022-11-15 | closed | $316.3M | 125 | |
| Fund V · first filed 2022-03-25 · 1 vehicle · $320.2M sold · 164 investors | |||||
| AIREX Portfolio V DST | 2022-03-25 | closed | $320.2M | 164 | |
| Fund IV · first filed 2022-02-24 · 1 vehicle · $288.9M sold · 163 investors | |||||
| AIREX Portfolio IV DST | 2022-02-24 | closed | $288.9M | 163 | |
Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.
In the Terminal
Filing events
1
latest Apr 13, 2026
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
pre_sale
Latest event New filer · Apr 13, 2026
SEC.govInvestor
- 1 filing event with values and deltas, latest 2026-04-13, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Ares Industrial Real Estate Exchange LLC
Executive Officer · Denver, CO
Sponsor of the Issuer
AIREX Portfolio 11 Manager LLC
Executive Officer · Denver, CO
Manager/Signatory Trustee
AIREX Portfolio 11 TRS LLC
Executive Officer · Denver, CO
Depositor of the Issuer
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.
Ares Management Capital Markets LLCCRD 166219 on BrokerCheck
Associated broker-dealer: None · Denver, CO · Soliciting in all states
Questions About AIREX Portfolio 11 DST
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is AIREX Portfolio 11 DST?
AIREX Portfolio 11 DST is a Delaware entity that filed a Form D with the SEC on April 13, 2026 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.
Is AIREX Portfolio 11 DST legit?
AltStreet does not rate legitimacy; it reports the public record. AIREX Portfolio 11 DST filed a Form D with the SEC on April 13, 2026 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. 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 AIREX Portfolio 11 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 AIREX Portfolio 11 DST claimed Rule 506(b) 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 AIREX Portfolio 11 DST raised?
AIREX Portfolio 11 DST reported that the first sale had not yet occurred as of the Form D filed April 13, 2026, so no amount sold or investor count is on file. The total offering amount is $459,338,843.
Who can invest in AIREX Portfolio 11 DST?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $500,000.
What is the minimum investment in AIREX Portfolio 11 DST?
The Form D lists $500,000 as the minimum investment accepted from any outside investor as of April 13, 2026. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling AIREX Portfolio 11 DST and how are they paid?
The Form D names Ares Management Capital Markets LLC (CRD 166219), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $22,966,942 and finders' fees as $0. Form D allows these to be estimates.
Who is behind AIREX Portfolio 11 DST?
The Form D lists 3 related persons: Ares Industrial Real Estate Exchange LLC, executive officer (Sponsor of the Issuer); AIREX Portfolio 11 Manager LLC, executive officer (Manager/Signatory Trustee); AIREX Portfolio 11 TRS LLC, executive officer (Depositor of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is AIREX Portfolio 11 DST located?
The issuer's address on its SEC filings is 1200 17th Street, Suite 2900, Denver, CO 80202. Its phone number of record is 303-339-3675. It is organized under the laws of Delaware.
How long is the AIREX Portfolio 11 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, and no amendment is on record yet.
What is AIREX Portfolio 11 DST's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
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.