Cove Capital Investments Successfully Subscribes $12M DST Offering

LOS ANGELES, Sept. 1, 2026, Cove Capital Investments, a Delaware Statutory Trust (DST) sponsor focused on debt-free real estate investments, announced the successful full subscription of its Cove Essential Net Lease Industrial 114 DST offering. The fund raised $12,126,736 from accredited investors, financial advisors, and registered representatives.

Dwight Kay, Managing Member and Founding Partner of Cove Capital Investments, expressed gratitude to the investors and partners involved. "We are deeply appreciative of the trust and support from our investors. This successful offering marks a significant milestone for us and highlights the confidence our team has in identifying promising investment opportunities."

The newly constructed industrial facility, located in Mobile, Alabama, is a 23,018-square-foot distribution center completed in 2025. Spanning 4.70 acres, the property serves as a product exchange center for a major national food and beverage company. Key features include 16 dock-high doors, one grade-level door, and secure yard space designed to support efficient truck operations.

"We selected this property for its strong functional characteristics, established tenant, and strategic location," said Chay Lapin, Managing Member and Founding Partner of Cove Capital Investments. "The property's proximity to the Port of Mobile and key interstate corridors positions it well for long-term success."

The facility's location along Interstate 65 and proximity to Interstate 10 and the Brookley Aeroplex, Mobile International Airport, and the Port of Mobile, enhances its operational efficiency and strategic value. Cove Capital Investments noted that the property's all-cash, debt-free structure minimizes financial risks associated with leveraged investments.

"We believe this offering's debt-free structure and all-cash acquisition philosophy align with our commitment to providing investors with low-risk, high-potential opportunities," Lapin stated.

The offering also includes a potential 721 Exchange exit strategy, offering investors flexibility in their investment strategies. Cove Capital's principals invested alongside investors, underscoring their confidence in the property's potential.

Cove Capital Investments operates a national portfolio of more than 4.3 million square feet across approximately 139 properties. Since its inception, more than 2,700 investors have entrusted the firm with their capital, many choosing to invest in multiple offerings.

Disclosure: Past performance is not indicative of future results. Diversification does not guarantee profits or protect against losses. Investing in real estate and Delaware Statutory Trust properties involves risks, including illiquidity, tenant vacancies, and general market conditions. There is a risk of loss of the entire investment principal. Securities offered through FNEX Capital, member FINRA, SIPC.