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…

Baker 1031 Investments is an independent broker-dealer representative and is not affiliated with, endorsed by, or sponsored by Livingston Street Capital. This page is Baker 1031’s own research profile of the sponsor. Livingston Street Capital and its logo are trademarks of their respective owner, used here for identification only.

Assets Under Mgmt
$400M
Full-Cycle Deals
4
Avg Annual Return
8.52%
Avg Equity Multiple
1.38x
Avg Hold
4.21 Years
Full-Cycle Success
100%
Year Founded
2016
Headquarters
New York, NY

Livingston Street Capital 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.

Livingston Street Capital 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.

Livingston Street Capital 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 1.50x 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 Livingston Street Capital Offerings

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.