SEC filing record
Primary Source · SEC.gov

ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST

2026 vintageRule 506(c)Filing record

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.

Latest signalNew Form D filerForm D · 2026-10-22Last filing 2026-10-22

Raised

$2M

Investors

9

Min Invest

$1,000

What this filing shows

·

Every sentence is a value as filed on SEC Form D

ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST is a Delaware entity organized in 2026 that filed a Form D with the SEC on October 22, 2026 in the Commercial industry group. The offering claims Rule 506(c). ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST reported $2,095,560 sold from 9 investors of a $11,333,949 total offering as of the Form D filed October 22, 2026. 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 166316) as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $680,037 and finders' fees as $0. Form D allows these to be estimates. The issuer reports $1,106,715 of gross proceeds used or proposed to be used for payments to related persons. The issuer's address of record is 2958 Columbia Street, Torrance, CA 90503.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002161661
Entity NameESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST
ExemptionRule 506(c)
What the exemption meansRule 506(c) of Regulation D: the issuer may advertise the offering publicly, but every purchaser must be a verified accredited investor.
Entity TypeOther
Jurisdiction of OrganizationDelaware
Year Organized2026
Issuer Address2958 Columbia Street, Torrance, CA 90503
Phone(877) 899-1315
Industry / Fund TypeCommercial
Securities Type—
First Sale DateSeptember 30, 2026
Filing DateOctober 22, 2026
Accession Number0002161661-26-000001
Total Offering Amount$11,333,949
Total Amount Sold$2,095,560
Amount Remaining$9,238,389
Total Investors9
Non-Accredited InvestorsNone
Minimum Investment$1,000
Offering DurationOne year or less
Sales Commissions$680,037 (to FNEX Capital, LLC)
Finders' Fees$0
Proceeds to Related Persons$1,106,715
Revenue RangeDecline to Disclose
State (Issuer Address)CA
Amendment CountOriginal filing only
Signed ByDwight Kay, Manager of Signatory Trustee and Manager of Issuer

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

1

latest Oct 22, 2026

Critical / warning

0 / 0

0 watch · 1 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

raising

Latest event New filer · Oct 22, 2026

SEC.gov
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Investor

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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 Capital Investments, LLC is the promoter/sponsor of the offering.

Dwight Kay

Executive Officer · Torrance, CA

Mr. Kay is a managing member of the offering. He is responsible for the management of the offering, has license series 7, 22 and 63 and is registered with FNEX Capital, an SEC registered FINRA Member broker-dealer.

Chay Lapin

Executive Officer · Torrance, CA

Mr. Lapin is a managing member of the offering. He is responsible for the management of the offering, has license series 7 and 63 and is registered with FNEX Capital, an SEC registered FINRA Member broker-dealer.

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 166316 on BrokerCheck

Indianapolis, IN · Soliciting in all states

Questions About ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST?

ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST is a Delaware entity organized in 2026 that filed a Form D with the SEC on October 22, 2026 in the Commercial industry group. The filing claims Rule 506(c).

Is ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST legit?

AltStreet does not rate legitimacy; it reports the public record. ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST filed a Form D with the SEC on October 22, 2026 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 $2,095,560 sold to 9 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 ESSENTIAL BIRMINGHAM INDUSTRIAL 129 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 ESSENTIAL BIRMINGHAM INDUSTRIAL 129 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 ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST raised?

ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST reported $2,095,560 sold from 9 investors of a $11,333,949 total offering as of the Form D filed October 22, 2026.

Who can invest in ESSENTIAL BIRMINGHAM INDUSTRIAL 129 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 ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST?

The Form D lists $1,000 as the minimum investment accepted from any outside investor as of October 22, 2026. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST and how are they paid?

The Form D names FNEX Capital, LLC (CRD 166316) as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $680,037 and finders' fees as $0. Form D allows these to be estimates. The issuer reports $1,106,715 of gross proceeds used or proposed to be used for payments to related persons.

Who is behind ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST?

The Form D lists 3 related persons: Cove Capital Investments, LLC, promoter (Cove Capital Investments, LLC is the promoter/sponsor of the offering); Dwight Kay, executive officer (Mr. Kay is a managing member of the offering. He is responsible for the management of the offering, has license series 7, 22 and 63 and is registered with FNEX Capital, an SEC registered FINRA Member broker-dealer); Chay Lapin, executive officer (Mr. Lapin is a managing member of the offering. He is responsible for the management of the offering, has license series 7 and 63 and is registered with FNEX Capital, an SEC registered FINRA Member broker-dealer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is ESSENTIAL BIRMINGHAM INDUSTRIAL 129 DST located?

The issuer's address on its SEC filings is 2958 Columbia Street, Torrance, CA 90503. Its phone number of record is 8778991315. It is organized under the laws of Delaware.

How long is the ESSENTIAL BIRMINGHAM INDUSTRIAL 129 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 ESSENTIAL BIRMINGHAM INDUSTRIAL 129 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.