Origin Charlotte NoDa, DST

With only two named GPs out of five total and no prior EDGAR history, Episcope and Sherer are operating their first registered fund, relying on a 06c exemption that permits raises from accredited investors without a full Form D disclosure burden—a structure choice that signals either a lean operational model or reliance on pre-existing LP relationships to drive commitment.

The May 2026 amendment timing during a period of regional and secondary-market DST interest suggests the managers may be capitalizing on renewed allocator appetite for non-traditional real estate or alternative structures in the Charlotte market after earlier 2025 pullback.

Verify whether the amendment addresses GP removal, key-person provisions, or fee adjustments—amendments often correct structural gaps or respond to LP pushback on terms, and the absence of prior EDGAR filings means there is no track record to assess how this manager has handled similar modifications in the past.