JWCM

About JWCM

JWCM's DST filings list an office at 445 Park Avenue in New York City. The entity that sponsors its trusts is JWCM Exchange I, LLC. Jason Warsavsky is listed on each filing as "President of the Sponsor of the Issuer."

The JWCM name also appears on private funds. SEC Form D filings for JWCM Credit Opportunities Fund I, L.P. and JWCM Real Estate Opportunities Fund II, L.P. list Jesselson Warsavsky Capital Management, LLC as investment manager. Those funds share the 445 Park Avenue address, and Jason Warsavsky signs their filings. They are private funds, separate from the DST line.

This profile relies on SEC filings. A sponsor website for JWCM could not be confirmed. So the firm's founding year, history and portfolio size are not stated here. Ask the sponsor directly for those facts and for documents that support them.

JWCM's DST and 1031 programs

A DST is a trust that owns real estate. Investors buy beneficial interests in the trust. Those interests can qualify as replacement property in a 1031 exchange. A 1031 exchange lets a seller of investment property defer capital gains tax by buying like-kind property. Most DSTs are sold through private placements to accredited investors.

Filing history

SEC EDGAR lists three JWCM trusts as of November 2026:

• JWCM Heights West, DST, first filed in September 2022
• JWCM Republic Alamo Heights, DST, first filed in November 2023
• A third JWCM trust, first filed in October 2025

Each trust filed several amended Form D notices after its first filing. Amendments often update the amount sold or the list of firms paid for sales.

Structure

Each JWCM trust uses the same basic setup on its Form D:

• Sponsor: JWCM Exchange I, LLC
• Manager and signatory trustee: an LLC named for the trust, such as JWCM Heights West Manager, LLC
• Depositor: another LLC named for the trust, which sets up the trust

The filings reviewed all show a $25,000 minimum investment. The 2022 filing describes the trust as a Delaware statutory trust formed that year. Form D notices do not show property type, debt, lease terms or exit plans. Those details are in each trust's private placement memorandum (PPM).

Who sells JWCM DSTs

JWCM does not list an affiliated broker-dealer on its filings. Instead, its Form D notices name outside broker-dealers and their registered representatives. The 2022 filing lists DAI Securities, LLC. A 2026 amendment for a later trust lists 18 representatives at many different firms.

How to research JWCM's offerings

Begin with the PPM. It explains the property, the loan, the fees and the planned hold. Each trust's Form D is on SEC EDGAR; search "JWCM." Look up the broker-dealer offering you the trust on FINRA BrokerCheck. Because public information on JWCM is limited, ask for the sponsor's track record, full-cycle results and audited financials. Ask how much debt each trust carries. The guides on how to check a DST sponsor and how to read a DST offering explain each step.

Frequently asked questions

Is JWCM a DST sponsor?

Yes. JWCM Exchange I, LLC is listed as "Sponsor of the Issuer" on SEC Form D filings for JWCM DSTs. The first was filed in September 2022.

Who runs JWCM?

Jason Warsavsky is listed as President of the Sponsor on JWCM's DST filings. He also signs filings for JWCM private funds.

What does JWCM stand for?

SEC filings for JWCM's private funds name Jesselson Warsavsky Capital Management, LLC as investment manager. The DST filings themselves use only the JWCM name.

Where is JWCM located?

JWCM's filings list 445 Park Avenue in New York City. Recent filings show Suite 1600.

What is the minimum investment in a JWCM DST?

The Form D filings reviewed show a $25,000 minimum. Check the PPM for each trust's current terms.

How do I look up JWCM's DST offerings?

Each trust's Form D is on SEC EDGAR; search "JWCM." The trust's PPM explains the property, the loan, the fees and the planned hold. Distributions are not guaranteed, DST interests are illiquid, and investors can lose money.