Sponsor dossier
Who is behind the offering
Sponsor strength
Apollo RE Exchange, LLC
Apollo RE Exchange, LLC serves as sponsor, drawing on an institutional asset platform managing $1,000,000,000,000 in total assets under management across commercial real estate sectors.
• The AX Diversified Retail Portfolio, DST comprises 6 net lease retail properties totaling 668,521 square feet. • The properties include Muncie Kroger (Muncie, IN), Indianapolis Kroger (Indianapolis, IN), Gadsden Lowe's (Gadsden, AL), Dallas Sam's Club (Dallas, TX), Columbus Lowe's (Columbus, MS), and Jacksonville BJ's (Jacksonville, FL).
Properties owned or managed
$1,000,000,000,000
Across all programs
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Prior DST offerings
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DST-held assets
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Disclosed headcount
Retail
Stated strategy
Scale vs peer sponsors
Bars show each measure as a share of the largest sponsor scale observed in the DST market. No peer benchmark dataset is wired in yet, so these are relative scale indicators only.
Apollo RE Exchange, LLC manages the offering, backed by an organization reporting $1,000,000,000,000 in platform assets under management.
Sponsor strengths
2Extensive institutional platform scale with $1,000,000,000,000 in AUM
Experience acquiring and managing multi-asset net lease portfolios across various states
Sponsor concerns
2Imposes a 7.5% upfront fee load on property acquisition value
Ongoing annual asset management fee of $447,585 charged to the trust