Cove Capital Investments Successfully Fully Subscribes Cove Saddle Creek Kansas 109 DST After Raising $12,951,877 from Accredited Investors

Cove Saddle Creek 109 Features a 100,061 square foot multi-tenant retail center located in Wichita, KS

LOS ANGELES, Aug. 31, 2026 /PRNewswire/ -- Cove Capital Investments, LLC, a Delaware Statutory Trust (DST) sponsor company specializing in debt-free real estate investment opportunities for accredited 1031 exchange and direct cash investors, today announced the successful full subscription of Cove Saddle Creek Kansas 109 DST, a Regulation D, Rule 506(c) following successfully raising $12,951,877 in equity.

"To the more than 2,700 investors, financial advisors, and broker-dealer teams who made this fully subscribed offering a reality - thank you. Your continued confidence encourages us to stay laser-focused on our debt-free strategy, currently spanning 139 properties across 36 states and nearly 4.4 million square feet. We believe we are potentially well-positioned for continued growth for many years to come," said Dwight Kay, Managing Member and Founding Partner of Cove Capital Investments.

A High-Traffic Retail Center in Wichita, Kansas

The tenant roster includes a diversified mix of national, regional, and local retailers and service-oriented businesses. The property is located just west of Interstate 35 and is surrounded by numerous national retailers and restaurants that contribute to the area's established commercial activity.

"We seek properties where the existing profile is supported by practical real estate fundamentals and where disciplined asset management may potentially create additional value over time," Kay continued. "We believe the Retail Center combines a strong occupancy base, a diversified tenant mix, below-market rents, and an attractive acquisition basis in a retail market with limited vacancy."

Sponsor Co-Investment and Debt-Free Structure

Consistent with many previous Cove Capital offerings, the principals of the firm invested their own capital alongside investors in Cove Saddle Creek Kansas 109 DST.

"We believe investing our own capital reflects our confidence in the acquisition," said Chay Lapin, Managing Member and Founding Partner of Cove Capital Investments. "Before an opportunity is brought to market, our team evaluates the property, tenant base, lease structure, local market conditions, capital requirements, and potential paths for long-term value creation."

Lapin added that Cove Capital's all-cash acquisition philosophy remains a defining characteristic of the firm's Delaware Statutory Trust offerings. By acquiring properties without permanent mortgage financing, Cove seeks to eliminate refinancing concerns, lender foreclosure exposure, and interest-rate sensitivity commonly associated with leveraged commercial real estate investments.

Potential Fully Optional 721 Exchange Exit Strategy

The offering also includes the potential for a fully optional 721 Exchange exit strategy. If a future UPREIT opportunity is presented, investors would have the ability to conduct their own due diligence on the destination real estate investment trust or other 721 vehicle, including its leverage, dividend coverage, floating-rate debt exposure, tax protection agreements, and other factors relevant to their individual objectives. Participation in any future 721 Exchange would remain entirely optional.

About Cove Capital Investments

Cove Capital Investments is a Delaware Statutory Trust sponsor company that operates a national portfolio consisting of more than 4.3 million square feet of commercial real estate across approximately 139 properties. More than 2,700 investors nationwide have trusted Cove Capital with their 1031 exchange and investment capital, with many choosing to invest in multiple Cove offerings over the years.

To receive information regarding current Cove Capital offerings available for 1031 exchange and direct cash investments, please visit www.covecapitalinvestments.com.

For additional information, please contact Cove Capital Investments at (877) 899-1315 or [email protected].

Disclosures:
*Past performance is no guarantee of future results. Diversification does not guarantee profits or protect against losses. This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the "Memorandum"). Please read the entire Memorandum, paying special attention to the risk section, prior to investing. IRC Section 1031, IRC Section 1033, and IRC Section 721 are complex tax codes; therefore, you should consult your tax or legal professional regarding your individual situation. There are material risks associated with investing in real estate, Delaware Statutory Trust properties, and real estate securities, including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest-rate risks, the risk of new supply and softening rental rates, general risks of owning and operating commercial properties, financing risks, potential adverse tax consequences, general economic risks, development risks, and long hold periods. There is a risk of loss of the entire investment principal. Potential cash flow, potential returns, and potential appreciation are not guaranteed. Securities offered through FNEX Capital, member FINRA, SIPC.*

SOURCE Cove Capital Investments