Blue Owl Exchange VI DST Has Sold $302.8M of a $342.9M Raise
A Nov. 12 Form D amendment shows Blue Owl Real Estate Exchange VI DST has sold $302.8M of a $342.9M offering to 256 investors, with $40.2M left.
- Source Briefing
- Public record
Blue Owl Real Estate Exchange VI DST, a Delaware statutory trust with a business address at 150 N. Riverside Plaza in Chicago, reported in a Form D amendment filed Nov. 12, 2026 that it has sold $302,753,649 of a $342,909,896 equity offering to 256 investors.
Why it matters
Delaware statutory trusts let investors put money into a real estate interest, often as replacement property in a tax-deferred exchange. The form is the public scorecard for that raise. Compared with the Oct. 22 amendment, the trust added $20.1M and 19 investors in 21 days, and about 88% of the offering is now sold.
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The filing does not name a property, so we are not describing the underlying asset. It classifies the issuer’s industry as “Other Real Estate” and lists the offering as equity. For readers following Blue Owl’s capital formation from its base in the Chicago market, the pace is the signal: the same offering showed $16.8M sold to 15 investors in a July 1 amendment, so most of the money arrived over the last four months.
A second vehicle from the same sponsor is following the same path. Blue Owl Real Estate Exchange VII DST filed a Form D on Nov. 5 for a $310,296,508 offering, with $38,710,171 sold to 32 investors.
The numbers
- Total offering amount: $342.9M.
- Sold to date: $302.8M, to 256 investors. First sale: May 21, 2026.
- Remaining: $40,156,247, down from $60,278,100 on Oct. 22.
- Minimum investment: $250,000, which the issuer may waive at the sponsor’s sole discretion.
- Sales commissions: $20,574,594 estimated maximum for the entire offering. Estimated expense reimbursements to related persons: $5,143,648.
The filing lists RBC Capital Markets, Raymond James Financial Services and Morgan Stanley among the firms receiving sales compensation.
What’s next
At the recent pace, the remaining $40.2M would be placed within the next several months, though Form D amendments show only the totals reported on each filing date. A final close, or a property acquisition disclosed elsewhere, would show what the trust holds. Vehicle VII, at about 12% sold, is the one to watch next. Blue Owl has not published a property or timeline in the filings.
On the record
Form D/A filed Nov. 12, 2026 lists a $342,909,896 offering, $302,753,649 sold to 256 investors and $40,156,247 remaining, with a first sale on May 21, 2026
SEC filing · sec.gov
Primary record
- SEC filingThe Oct. 22, 2026 amendment showed $282,631,796 sold to 237 investors, so the offering added $20,121,853 and 19 investors in 21 daysView the filing on sec.gov
- SEC filingSibling vehicle Blue Owl Real Estate Exchange VII DST filed a Form D on Nov. 5, 2026 for a $310,296,508 offering with $38,710,171 sold to 32 investorsView the filing on sec.gov