# NLC Florida Healthcare Sciences DST

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## Investment description

NLC Florida Healthcare Sciences DST holds a university campus in St. Augustine, Florida, leased to the University of St. Augustine for Health Sciences. The property contains educational facilities for healthcare programs. Investors hold beneficial interests through a two-tier Delaware statutory trust structure with credit-tenant lease financing.

## Key facts

- Fundraising Status: Open
- Sponsor Name: Net Lease Capital Advisors LLC
- Locations: Florida
- Equity: $16,739,129
- Debt: $80,299,299.93
- LTV (investor offering): 82.75%
- Property Type: Medical education
- Y1 Income: Login required.
- Average Income: Login required.
- Overall Scorecard Rating: Login required.

Figures use offering-document terms. Investor LTV is allocated debt divided by equity plus debt. Income is projected distributions on original equity; averages exclude sale or 721 proceeds and are not IRRs. Debt includes senior and subordinated financing. No cash distributions are scheduled during the initial lease term. Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately. Evidence confidence is reported separately.

## Sponsor overview

Net Lease Capital Advisors LLC sponsors the offering. Its platform specializes in credit-tenant structures, sale-leasebacks, financing and real estate exchange transactions. Douglas Blough and Bruce MacDonald are identified as principal owners.

## Detailed analysis

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For informational and educational purposes only. Our research and opinions are not personalized investment, legal, or tax advice, an offer to sell or solicitation to buy securities, or a recommendation or endorsement of any investment. Do not rely on this research alone to make an investment decision. Review the current Private Placement Memorandum (PPM) and all applicable offering documents, and consult a registered investment adviser or other qualified investment professional and your legal and tax advisers. Private investments can be illiquid and involve significant risk, including loss of your entire investment. Past performance, projected income, and ratings do not guarantee future results. Information may be incomplete or change; confirm current offering availability directly with the sponsor.

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