Delaware statutory trust offerings in October have decreased by 6.4 percent from September, according to data from Mountain Dell Consulting.
September 2025 saw a record high raise of $826.2 million, and October came in just below with $773 million. Year-to-date, equity raised by DST offerings has reached nearly $6.7 billion as of Oct. 31, marking a 44.9 percent increase, year over year.
DST sales have already surpassed the previous year’s total raise of $5.7 billion, and Mountain Dell predicts a total raise of $7.5 billion for 2025.
Of the capital raised, Hines Real Estate Exchange accounted for 9.7 percent, followed by Inland Private Capital Corp. with 8 percent, ExchangeRight Real Estate with 7.4 percent and JLL Exchange with 5.6 percent.