This opportunity is available for investment
Cunat Exchange X DST is a new Delaware statutory trust formed on July 30, 2026 pursuant to a Trust Agreement dated as of July 30, 2026, which is attached hereto as Exhibit A. The Trust acquired the following 540-unit multifamily residential complex with approximately 236,412 rentable square feet on approximately 3.97 acres located at 1840 Aastri Drive, McHenry, Illinois 60050 and commonly known as The Residences of Fox Meadows. Cunat, Inc., an Illinois corporation is the Sponsor of this Offering and the present owner of the Trust.
The Residences of Fox Meadows is a 540-unit multifamily property comprised of 18 three 3-story buildings with an aggregate of approximately 236,412 rentable square feet on approximately 3.97 acres located 1840 Aastri Drive, McHenry, Illinois 60050. The improvements are considered to be in good overall condition. The Property has 1,083 parking spaces. The Property was constructed in 2024 to 2025. The Property is a brand new construction apartment community located in the growing city of McHenry, Illinois. It offers spacious one-bedroom, one-bedroom with den, and multiple two-bedroom/two-bathroom floor plans.
Each newly constructed residence features contemporary finishes and premium conveniences, including, but not limited to a fully equipped kitchen with stainless steel appliances, a full-size washer and dryer, individually controlled heating and air conditioning, and a private balcony or patio, as well as secure intercom-access buildings, garages, 24-hour maintenance. Resident amenities include, but are not limited to, a fitness center, indoor heated swimming pool, outdoor swimming pool, basketball courts, and playground areas. The community center also features a spacious party and meeting room. The Property is located near schools, shopping, restaurants, transportation, and recreational destinations. Pet-friendly accommodations are also available.
The Trust purchased the Property with a new loan in the amount of $84,375,000 as set forth below obtained from JLL Real Estate Capital, LLC, a Delaware limited liability company, pursuant to Freddie Mac’s multifamily lending program, which Loan closed on the Loan Closing Date and is secured by the Property. The Loan has a term of 10 years and is interest only at a fixed rate equal to 5.43% per annum with interest only payments for the entire term of the Loan.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
The Property is a brand new construction apartment community located in the growing city of McHenry, Illinois.
The Trust acquired the following 540-unit multifamily residential complex with approximately 236,412 rentable square feet on approximately 3.97 acres located at 1840 Aastri Drive, McHenry, Illinois 60050 and commonly known as The Residences of Fox Meadows.
It offers spacious one-bedroom, one-bedroom with den, and multiple two-bedroom/two-bathroom floor plans.
Each newly constructed residence features contemporary finishes and premium conveniences, including, but not limited to a fully equipped kitchen with stainless steel appliances, a full-size washer and dryer, individually controlled heating and air conditioning, and a private balcony or patio, as well as secure intercom-access buildings, garages, 24-hour maintenance.
Resident amenities include, but are not limited to, a fitness center, indoor heated swimming pool, outdoor swimming pool, basketball courts, and playground areas.
The Property is located near schools, shopping, restaurants, transportation, and recreational destinations.
According to the PCR, the Property was approximately 98% leased to various residential tenants.
EBI concluded that the Property is in very good condition.
Long-term, Fixed Rate, Interest Only Loan: The Loan has a term of 10 years and is interest only at a fixed rate of 5.43%.
Cunat and its Affiliates currently own and manage property in six states and two countries.
The Key Principals have a combined total of over 88 years of experience in the real estate industry.
Cunat will retain 5.00% of the Interests in the Trust.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Multifamily
Location
McHenry, IL
Year Built
2024
Occupancy Rate
98%
Please refer to the Cunat Exchange X DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Cunat, Inc.
Cunat, Inc., an Illinois corporation, is owned by Brian G. Cunat, the founder and CEO, and John C. Cunat, the Executive Vice President, and is part of the Cunat Group, a real estate development and property management group of companies, which includes Cunat, Inc. and its Affiliates. Cunat, Inc. and its Affiliates currently own and manages property in six states and two countries. The Key Principals have a combined total of over 88 years of experience in the real estate industry.
Brian G. Cunat is the founder and CEO of Cunat, Inc., a real estate development and property management firm. Brian has held this position for the past 36 years. Cunat, Inc. and its Affiliates currently own and manages property in six states and two countries. He is a co-founder of Golden Eagle Community Bank where he has served as Chairman of the Board, and is currently a Board Member and is also a co-founder of Illinois State Bank where he served on the Board of Directors as Vice-Chairman.
John C. Cunat is the Co-Founder and Executive Vice President of Cunat, Inc., a real estate development and property management firm, where he has held this position for the past 36 years. He is a co-founder of Golden Eagle Community Bank where he serves as Chairman of the Board and is a co-founder of Illinois State Bank where he served on the Board of Directors as Chairman of the Compliance and Audit Committee.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
Cunat Exchange X DST is a new Delaware statutory trust formed on July 30, 2026 pursuant to a Trust Agreement dated as of July 30, 2026, which is attached hereto as Exhibit A. The Trust acquired the following 540-unit multifamily residential complex with approximately 236,412 rentable square feet on approximately 3.97 acres located at 1840 Aastri Drive, McHenry, Illinois 60050 and commonly known as The Residences of Fox Meadows. Cunat, Inc., an Illinois corporation is the Sponsor of this Offering and the present owner of the Trust.
The Residences of Fox Meadows is a 540-unit multifamily property comprised of 18 three 3-story buildings with an aggregate of approximately 236,412 rentable square feet on approximately 3.97 acres located 1840 Aastri Drive, McHenry, Illinois 60050. The improvements are considered to be in good overall condition. The Property has 1,083 parking spaces. The Property was constructed in 2024 to 2025. The Property is a brand new construction apartment community located in the growing city of McHenry, Illinois. It offers spacious one-bedroom, one-bedroom with den, and multiple two-bedroom/two-bathroom floor plans.
Each newly constructed residence features contemporary finishes and premium conveniences, including, but not limited to a fully equipped kitchen with stainless steel appliances, a full-size washer and dryer, individually controlled heating and air conditioning, and a private balcony or patio, as well as secure intercom-access buildings, garages, 24-hour maintenance. Resident amenities include, but are not limited to, a fitness center, indoor heated swimming pool, outdoor swimming pool, basketball courts, and playground areas. The community center also features a spacious party and meeting room. The Property is located near schools, shopping, restaurants, transportation, and recreational destinations. Pet-friendly accommodations are also available.
The Trust purchased the Property with a new loan in the amount of $84,375,000 as set forth below obtained from JLL Real Estate Capital, LLC, a Delaware limited liability company, pursuant to Freddie Mac’s multifamily lending program, which Loan closed on the Loan Closing Date and is secured by the Property. The Loan has a term of 10 years and is interest only at a fixed rate equal to 5.43% per annum with interest only payments for the entire term of the Loan.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
The Property is a brand new construction apartment community located in the growing city of McHenry, Illinois.
The Trust acquired the following 540-unit multifamily residential complex with approximately 236,412 rentable square feet on approximately 3.97 acres located at 1840 Aastri Drive, McHenry, Illinois 60050 and commonly known as The Residences of Fox Meadows.
It offers spacious one-bedroom, one-bedroom with den, and multiple two-bedroom/two-bathroom floor plans.
Each newly constructed residence features contemporary finishes and premium conveniences, including, but not limited to a fully equipped kitchen with stainless steel appliances, a full-size washer and dryer, individually controlled heating and air conditioning, and a private balcony or patio, as well as secure intercom-access buildings, garages, 24-hour maintenance.
Resident amenities include, but are not limited to, a fitness center, indoor heated swimming pool, outdoor swimming pool, basketball courts, and playground areas.
The Property is located near schools, shopping, restaurants, transportation, and recreational destinations.
According to the PCR, the Property was approximately 98% leased to various residential tenants.
EBI concluded that the Property is in very good condition.
Long-term, Fixed Rate, Interest Only Loan: The Loan has a term of 10 years and is interest only at a fixed rate of 5.43%.
Cunat and its Affiliates currently own and manage property in six states and two countries.
The Key Principals have a combined total of over 88 years of experience in the real estate industry.
Cunat will retain 5.00% of the Interests in the Trust.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Multifamily
Location
McHenry, IL
Year Built
2024
Occupancy Rate
98%
Please refer to the Cunat Exchange X DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Cunat, Inc.
Cunat, Inc., an Illinois corporation, is owned by Brian G. Cunat, the founder and CEO, and John C. Cunat, the Executive Vice President, and is part of the Cunat Group, a real estate development and property management group of companies, which includes Cunat, Inc. and its Affiliates. Cunat, Inc. and its Affiliates currently own and manages property in six states and two countries. The Key Principals have a combined total of over 88 years of experience in the real estate industry.
Brian G. Cunat is the founder and CEO of Cunat, Inc., a real estate development and property management firm. Brian has held this position for the past 36 years. Cunat, Inc. and its Affiliates currently own and manages property in six states and two countries. He is a co-founder of Golden Eagle Community Bank where he has served as Chairman of the Board, and is currently a Board Member and is also a co-founder of Illinois State Bank where he served on the Board of Directors as Vice-Chairman.
John C. Cunat is the Co-Founder and Executive Vice President of Cunat, Inc., a real estate development and property management firm, where he has held this position for the past 36 years. He is a co-founder of Golden Eagle Community Bank where he serves as Chairman of the Board and is a co-founder of Illinois State Bank where he served on the Board of Directors as Chairman of the Compliance and Audit Committee.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
