Sponsor Profile

Livingston Street Capital

New York, NY · Founded 2016 · livingstonstreetcapital.com · Reviewed July 2026

Livingston Street Capital is a New York thematic sponsor, founded in 2016, built around a focused demographic bet on Active Adult (55+) and Independent Living housing, which it operates through its vertically integrated…

Assets Under Mgmt
$400.0M
Full-Cycle Deals
4
Avg Annual Return
8.52%
Avg Equity Multiple
1.38x
Avg Hold
4.21 Years
Full-Cycle Success
100.00%
Year Founded
2016
Headquarters
New York, NY

Overview

Livingston Street Capital is a New York thematic sponsor, founded in 2016, built around a focused demographic bet on Active Adult (55+) and Independent Living housing, which it operates through its vertically integrated Allure Lifestyle Communities platform. With more than 2,300 active-adult and independent-living units plus over a million square feet of commercial assets, and a leadership team citing $20 billion-plus in career transactions, the firm pairs a clear secular thesis with operating control. Current AUM is not publicly disclosed, but the specialized, operator-led model is its defining feature.

Key strategies & advantages

  • Built around a focused bet on Active Adult (55+) and Independent Living housing.
  • Operates that thesis through its vertically integrated Allure Lifestyle Communities operator.
  • Manages 2,300+ active-adult/independent-living units plus 1M+ sq ft commercial.
  • Leadership cites $20B+ in career transactions.
  • Current AUM is not publicly disclosed; the specialized, operator-led active-adult model is its defining feature.
These describe the sponsor’s approach and potential advantages only, and should be weighed against the risks common to DST investments — illiquidity, loss of principal, and no guaranteed distributions. Full risk factors are in each offering’s Private Placement Memorandum.

Track record

Livingston Street Capital has 4 full-cycle programs in the Baker 1031 dataset, averaging 8.52% annual return, a 1.38x average equity multiple, and a 4.2-year average hold.

Deal-by-deal full-cycle track record
InvestmentLocationAsset ClassHoldEquity MultipleAnnual Return
LSC-AM MC2, DST Industrial 7 1.5x 5.96%
LSC-BIO HC1, DST Healthcare 4.25 1.46x 9.31%
LSC-FAUR MC3, DST Office 2.67 1.28x 9.69%
LSC-UKHS HC2, DST Healthcare 2.92 1.29x 9.11%

Figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. “Preferred” is Baker’s internal designation, not a rating or endorsement.

Current offerings from this sponsor

Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →

Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →

Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.