Olympus Property Debuts Texas $21 Million Multifamily DST

Mari Nicholson

November 7, 2025

Olympus Property, a multifamily investment firm, has launched a new Delaware statutory trust offering targeting 1031 exchange investors. The offering, Olympus Tradewinds DST, features the recently acquired Olympus Tradewinds, a Class A garden-style multifamily community located in Midland, Texas. The offering seeks to raise $21.1 million from accredited investors.


Olympus initially acquired the asset on its balance sheet, bypassing the need for bridge or mezzanine financing. The DST has since secured a seven-year, fixed-rate loan with Fannie Mae at 4.95% interest-only payments and a 47.4% loan-to-value ratio. The investment is modeled to distribute a covered 6% cash-on-cash to investors for year one.


“We have remained committed to fixed-rate financing throughout cycles,” noted Wade Madden, chief executive officer of Olympus Property. “As preferred borrowers with both Fannie Mae and Freddie Mac, we are pleased to bring institutional-grade assets and debt structures to the advisor and 1031 exchange marketplace.”


With roughly 1,500 units currently owned and operated in Midland and Odessa, Olympus has spent nearly a decade building scale and expertise in the region, which the firm believes positions it to further enhance property performance and investor outcomes at Olympus Tradewinds.


Upon a future sale of the property, investors are expected to have the opportunity to complete a tax-deferred 1031 exchange into another qualifying replacement property.

In addition, Olympus maintains a Class A multifamily real estate investment trust, which could permit investors to participate in a Section 721 UPREIT transaction subject to future approval and market conditions. The company said that advisers may be eligible for a 25-basis-point trail on any UPREIT participation, if applicable.



Olympus also emphasized that participation in any UPREIT transaction would be strictly optional and not guaranteed. Madden added that “investor flexibility remains a priority for Olympus. While a 721 exchange can be advantageous for certain estate-planning or tax objectives, investors will always retain the ability to pursue a standard 1031 exchange, subject to IRS regulations.”


Olympus quietly entered the retail channel in February 2024 and publicly launched in September 2025, per previous reporting from AltsWire. Since entering the retail channel, the company has raised approximately $30 million across three Regulation D offerings, including its perpetual life REIT and two contractual income funds.


The firm intends to continue syndicating multiple DST offerings annually with broker-dealers, registered investment advisers, and family offices. The 33-year-old vertically integrated multifamily owner-operator recently reported $9.2 billion in assets under management.



Source: AltsWire – “Olympus Property Debuts Texas $21 Million Multifamily DST,” November 7, 2025. Available at: https://altswire.com/olympus-property-debuts-texas-21-million-multifamily-dst/

Share this post
A close up of a linkedin logo on a white background.
A close up of a wooden cross on a white background.
Gold-colored envelope with a white crease at the top, suggesting it’s sealed.

Related News & Insights

Poolside scene: turquoise umbrellas, lounge chairs, blue water, modern building, palm trees.
By Mari Nicholson September 11, 2025
Multifamily investment firm Olympus Property has expanded distribution to the retail wealth channel. Broker-dealers and registered investment advisers can now access multifamily strategies with Olympus that had previously been limited to high-net-worth and institutional investors. “Our firm has grown by successfully serving two very different investor bases – private high-net-worth clients and large institutions,” said Wade Madden, chief executive officer of Olympus. “By entering the retail market, we’re opening a third avenue of investment – one that leans into our strengths: disciplined underwriting, cycle-tested strategies, and deep operating expertise.” Prior to the company’s official public launch into the retail space, it tested offerings in the channel. Since February 2024, it has raised more than $20 million across three offerings. The Regulation D 506(c) offerings include the following: Olympus Property REIT I LLC, launched in April 2024: a perpetual-life net asset value real estate investment trust comprised of six assets (five stabilized multifamily assets totaling $12.5 million and one development project). To date, the REIT has raised $7.9 million in investor equity. Olympus Institutional Access Fund, LLC, Series A: The fund closed in June 2025 after raising $15 million. Olympus Institutional Access Fund, LLC, Series B, launched in October 2024: Targeting $20 million, the fund has raised $4.8 million to date. Both the Series A and B offerings are preferred-equity vehicles, structured to provide income to accredited investors backed by guarantees from the sponsor and its founder, according to the company. The funds offer investors 9.25% in annualized income for two years. Founded in Bakersfield, Calif., by Chandler Wonderly in 1992, Olympus has built its reputation as a specialist in Class A multifamily communities, combining disciplined capital structures with a hands-on operating model. That approach – including in-house property management, construction oversight, and asset management – has, according to the company, helped it manage multiple real estate cycles and deliver positive returns. Today, Olympus manages $9.2 billion in assets on behalf of approximately 800 private clients alongside a range of institutional partners. The platform has achieved 54 full-cycle realizations since 2006, reporting an average 3.11x equity multiple and 32.04% internal rate of return at the deal level. Its national portfolio now spans 135 properties across 17 states, totaling 36,000 units, supported by more than 835 employees. This fully integrated structure – from corporate leadership to boots-on-the-ground leasing, management, and maintenance – is presented by the company as a driver of performance consistency. Olympus leadership said it plans to launch its first two Delaware statutory trusts in the fourth quarter of 2025, with a goal to syndicate at least four DSTs annually thereafter. These vehicles will complement Olympus’s existing private product lineup and broaden access for 1031 exchange investors. “Olympus Property is excited to enter the retail wealth ecosystem,” Madden added. “Our goal is to deliver a consistent pipeline of multifamily opportunities that reflect the same standards we’ve maintained for more than 30 years – disciplined investment, operational excellence, and alignment with our investors.” Source: AltsWire – “Olympus Property Enters Retail Wealth Channel With Trio of Offerings”