# Arrimus Capital Advisors: DST sponsor profile > Arrimus Capital Advisors DST facts from SEC filings: two student housing trusts filed from Newport Beach, California, the roles named and how to research. Source: https://baker1031.com/sponsors/arrimus-capital-advisors Facts checked November 1, 2026. Listed alphabetically in the Baker 1031 sponsor directory; not ranked and not an endorsement. Draft for review; not yet approved by Aurora Securities. ## The short answer Arrimus Capital Advisors, LLC is a real estate firm named as a promoter of two student housing Delaware Statutory Trust (DST) offerings. Their SEC Form D filings, made from 2018 to 2020, list an office at 240 Newport Center Drive in Newport Beach, California. ## Key facts - **Sponsoring entity:** Arrimus Capital Advisors, LLC - **Headquarters:** Newport Beach, CA - **DST or TIC programs since:** 2018 - **Program types:** DST - **Property types:** Student housing - **SEC filings:** EDGAR CIK 1757140, https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1757140 ## Arrimus Capital Advisors offerings on Baker 1031 No offerings from this sponsor are currently available through Baker 1031. ## About Arrimus Capital Advisors This profile relies on the firm's filings with the Securities and Exchange Commission (SEC). The filings name Arrimus Capital Advisors, LLC as a promoter. A promoter is a person or company that helps organize and launch an offering. The firm's initials appear in the trust names as "ACA." Both filings list the same office: 240 Newport Center Drive, Suite 200, Newport Beach, California 92660. Both list the same four executive officers: Ryan Gahagan, Raymond Wirta, Christopher Lee and Caroline Stephenson. Ryan Gahagan signed the filings as chief operating officer of the trust's manager or of its sole member. As of November 1, 2026, a search of FINRA BrokerCheck for "Arrimus" showed no registered firm under that name. ## Arrimus Capital Advisors' DST programs A DST is a trust that owns real estate, with many investors each holding a fractional share. DST interests can qualify as replacement property in a 1031 exchange. A 1031 exchange lets an investor sell investment real estate and buy other investment real estate while deferring tax on the gain. The guide to [how DSTs work](/learn/dst-guide) explains the structure. A search of the SEC's EDGAR system shows two DSTs tied to Arrimus. Each filed a Form D, which is a short notice that a company is selling securities in a private offering. ### ACA Stadium View Student Housing DST This trust was formed in Delaware in 2017. Its Form D is dated February 1, 2018. The filing lists the industry as residential and a total offering amount of $18,790,000. At the time of filing, no sales had occurred yet. The filing names four promoters: the trust's manager, its depositor, a financing affiliate and Arrimus Capital Advisors, LLC. It lists Orchard Securities, LLC, CRD 133378, as a sales compensation recipient. ### ACA Illinois Tier 1 Student Housing DST This trust was formed in Delaware in 2018. Its first Form D was filed in May 2019, with an amendment in April 2020. The filing lists the industry as residential and a total offering amount of $22,165,000. It reports a first sale on December 21, 2018. The promoters are the trust's manager, its depositor, Arrimus Illinois Tier 1 Financial, LLC and Arrimus Capital Advisors, LLC. The filing lists Orchard Securities, LLC and a number of individual representatives as sales compensation recipients. ### What the filings show about the program line Both trusts are named for student housing, and both filings list a residential industry code. As of November 1, 2026, no later Arrimus DST filings appeared in the EDGAR search used for this profile. Like all DSTs, these offerings carry real risks. Distributions are not guaranteed. DST interests are illiquid and can lose value. Most DST offerings are open only to accredited investors. ## How to research Arrimus Capital Advisors' offerings Search the SEC's EDGAR system for each trust's name to find its Form D and any amendments. The private placement memorandum (PPM) and the quarterly investor reports hold the details on fees, the loan and how the property is run. You can look up any broker-dealer named in a filing on FINRA BrokerCheck, such as [Orchard Securities, LLC](https://brokercheck.finra.org/firm/summary/133378). The guides on [how to check a DST sponsor](/learn/how-to-check-a-dst-sponsor) and [how to read a DST offering](/learn/how-to-read-a-dst-offering) walk through each step. ## Frequently asked questions ### Is Arrimus Capital Advisors a DST sponsor? SEC filings list Arrimus Capital Advisors, LLC as a promoter of two DSTs: ACA Stadium View Student Housing DST and ACA Illinois Tier 1 Student Housing DST. Both filings are from 2018 to 2020. ### Where is Arrimus Capital Advisors located? Its Form D filings list 240 Newport Center Drive, Suite 200, Newport Beach, California. That address comes from filings made in 2018 to 2020. ### What kind of property do Arrimus DSTs own? Both trusts are named for student housing and list a residential industry code. Each trust's PPM describes the specific property and its location. ### Who are the officers listed on Arrimus DST filings? The filings list Ryan Gahagan, Raymond Wirta, Christopher Lee and Caroline Stephenson as executive officers. Ryan Gahagan signed as chief operating officer of the trust's manager or of its sole member. ### Does Arrimus have its own broker-dealer? As of November 1, 2026, a FINRA BrokerCheck search for "Arrimus" returned no registered firm. The Form D filings list Orchard Securities, LLC, CRD 133378, as a sales compensation recipient. ### How can I look up Arrimus Capital Advisors' DST offerings? Search the SEC's EDGAR system for each trust's name to find its Form D and any amendments. You can look up any broker-dealer named in a filing on FINRA BrokerCheck. ## Questions to ask about any DST sponsor - **Full-cycle results.** Ask for every program the sponsor has sold, including any that went back to a lender, and how investors came out of each one. - **Fees and loads.** Find the total load in the private placement memorandum (PPM): selling commissions, dealer-manager fees, acquisition and financing fees, and fees at sale. - **Debt.** Check the loan amount, rate, term and maturity date, and what happens if the loan can't be refinanced when it comes due. - **Reserves and capitalization.** See how much is held in reserve for repairs and vacancy, and whether the sponsor has the capital to support a property through a hard stretch. - **Conflicts of interest.** Read the PPM's conflicts section: affiliated managers, master lease arrangements, and any 721 exchange into the sponsor's own REIT. - **Regulatory record.** Look up the managing broker-dealer on FINRA BrokerCheck, and search the sponsor's filings on SEC EDGAR. ## Sources - [SEC EDGAR full-text search, Form D filings mentioning "Arrimus"](https://efts.sec.gov/LATEST/search-index?q=%22Arrimus%22&forms=D) - [SEC EDGAR, Form D for ACA Stadium View Student Housing DST, February 2018](https://www.sec.gov/Archives/edgar/data/1728596/000172859618000001/primary_doc.xml) - [SEC EDGAR, Form D/A for ACA Illinois Tier 1 Student Housing DST, April 2020](https://www.sec.gov/Archives/edgar/data/1757140/000175714020000001/primary_doc.xml) - [FINRA BrokerCheck, Orchard Securities, LLC (CRD 133378)](https://brokercheck.finra.org/firm/summary/133378) - [FINRA BrokerCheck](https://brokercheck.finra.org/) Baker 1031 may receive compensation from sponsors whose offerings it makes available. --- Securities are offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. and is not a registered broker-dealer or investment adviser. This content is general education, not investment, tax, or legal advice, and is not an offer to buy or sell securities. Offers are made only through the offering documents to eligible investors, generally accredited investors. DST interests are illiquid, distributions are not guaranteed, and you can lose your entire investment. Contact: Jerry Baker, Baker 1031 Investments · hello@baker1031.com · (415) 965-0552 · https://baker1031.com/contact