NuCare Madison DST is a real estate fund based in Bloomington, Minnesota. According to its most recent Form D, filed Jul 29, 2025, it has sold $5,498,544 of interests to 16 investors since its first sale in Jun 2025. The minimum investment it accepts from an outside investor is $106,611. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Duane Lund.
- Total raised
- $5,498,544Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Jun 12, 2025
- Minimum investment
- $106,611
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Duane Lund
- Latest Form D
- Jul 29, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about NuCare Madison DST
What is the minimum investment for NuCare Madison DST?
According to its latest Form D, filed Jul 29, 2025, the minimum investment NuCare Madison DST accepts from an outside investor is $106,611.
Who can invest in NuCare Madison DST?
NuCare Madison DST is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has NuCare Madison DST raised?
NuCare Madison DST reports $5,498,544 sold from 16 investors on its Form D filed Jul 29, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is NuCare Madison DST based?
NuCare Madison DST is based in Bloomington, Minnesota.
When did NuCare Madison DST launch?
NuCare Madison DST reports its first sale in Jun 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 78% of the 194 real estate funds based in Minnesota, and more than 68% of all 7,321 that report sales.