The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001756270
   Corporation
   Limited Partnership
   Limited Liability Company
   General Partnership
   Business Trust
X Other (Specify)

Delaware Statutory Trust
Name of Issuer
NREA Retreat, DST
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2018
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
NREA Retreat, DST
Street Address 1 Street Address 2
NEXPOINT REAL ESTATE ADVISORS IV, LP 300 CRESCENT COURT, SUITE 700
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
DALLAS TEXAS 75201 9724192500

3. Related Persons

Last Name First Name Middle Name
NexPoint Real Estate Advisors IV, n/a
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Sponsor of the Issuer
Last Name First Name Middle Name
NREA Retreat Manager, LLC n/a
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Manager of the Issuer
Last Name First Name Middle Name
NREA Retreat Investment Co, n/a
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Contributor of the Issuer
Last Name First Name Middle Name
Dondero James
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Ellington Scott Neil
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Mitts Brian
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
McGraner Matt
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Goetz Matthew
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Waterhouse Frank
Street Address 1 Street Address 2
300 Crescent Court Suite 700
City State/Province/Country ZIP/PostalCode
Dallas TEXAS 75201
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):


4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
   Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes    No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
   Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
X Other Real Estate
  
Retailing
  
Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
   $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
X Decline to Disclose    Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
X Rule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
   Investment Company Act Section 3(c)
   Section 3(c)(1)    Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
   Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2018-10-17    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity    Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security    Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $100,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Concorde Investment Services LLC 151604
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Concorde Investment Services LLC 151604
Street Address 1 Street Address 2
19500 VICTOR PARKWAY SUITE 550
City State/Province/Country ZIP/Postal Code
LIVONIA MICHIGAN 48152
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
FLORIDA
ILLINOIS
INDIANA
NEVADA
NEW JERSEY
NEW YORK
NORTH CAROLINA
TEXAS
WASHINGTON

Recipient
Recipient CRD Number    None
Kim R. Kunz 718618
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Westpark Capital Inc. 39914
Street Address 1 Street Address 2
1900 AVENUE OF THE STARS SUITE 310
City State/Province/Country ZIP/Postal Code
LOS ANGELES CALIFORNIA 90067
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Justin Bachman 6412695
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Capulent LLC 155155
Street Address 1 Street Address 2
4144 N 44TH STREET Suite 3
City State/Province/Country ZIP/Postal Code
Phoenix ARIZONA 85018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CONNECTICUT
VIRGINIA
WASHINGTON

Recipient
Recipient CRD Number    None
Ed Fernandez 2956661
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Capulent LLC 155155
Street Address 1 Street Address 2
4144 N 44TH STREET Suite 3
City State/Province/Country ZIP/Postal Code
Phoenix ARIZONA 85018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CONNECTICUT
MISSOURI
VIRGINIA
WASHINGTON

Recipient
Recipient CRD Number    None
Troy Thomas 4691720
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
McDermott Investment Services LLC 154926
Street Address 1 Street Address 2
44 EAST BROAD STREET 2ND FLOOR
City State/Province/Country ZIP/Postal Code
BETHLEHEM PENNSYLVANIA 18018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
TEXAS

Recipient
Recipient CRD Number    None
Gary Pohl 1291748
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sigma Financial Corp. 48917
Street Address 1 Street Address 2
300 PARKLAND PLAZA
City State/Province/Country ZIP/Postal Code
ANN ARBOR MICHIGAN 48103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MICHIGAN

Recipient
Recipient CRD Number    None
Jim A. Lund 1713921
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cabot Lodge Securities LLC 159712
Street Address 1 Street Address 2
200 VESEY STREET 24TH FLOOR
City State/Province/Country ZIP/Postal Code
NEW YORK NEW YORK 10281
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
CALIFORNIA
MICHIGAN
NEW MEXICO

Recipient
Recipient CRD Number    None
Robert A. Horning 2311640
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
McDermott Investment Services LLC 154926
Street Address 1 Street Address 2
44 EAST BROAD STREET 2ND FLOOR
City State/Province/Country ZIP/Postal Code
BETHLEHEM PENNSYLVANIA 18018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Curtis J. Sathre 2459115
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
JRL Capital Corp. 10225
Street Address 1 Street Address 2
20371 IRVINE AVE SUITE A-140
City State/Province/Country ZIP/Postal Code
NEWPORT BEACH CALIFORNIA 92660
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
OREGON

Recipient
Recipient CRD Number    None
Joral T Schmalle 4491484
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sigma Financial Corp. 14303
Street Address 1 Street Address 2
300 PARKLAND PLAZA
City State/Province/Country ZIP/Postal Code
ANN ARBOR MICHIGAN 48103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
DFPG Investments Inc 155576
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
DFPG Investments Inc 155576
Street Address 1 Street Address 2
9017 S RIVERSIDE DRIVE SUITE 210
City State/Province/Country ZIP/Postal Code
SANDY UTAH 84070
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
NEW JERSEY
OREGON
PENNSYLVANIA
UTAH
WASHINGTON

Recipient
Recipient CRD Number    None
Kyle S. Jobin 4915438
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sigma Financial Corp. 14303
Street Address 1 Street Address 2
300 PARKLAND PLAZA
City State/Province/Country ZIP/Postal Code
ANN ARBOR MICHIGAN 48103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MICHIGAN

Recipient
Recipient CRD Number    None
Tomas J. Velken 1600404
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sigma Financial Corp. 14303
Street Address 1 Street Address 2
300 PARKLAND PLAZA
City State/Province/Country ZIP/Postal Code
ANN ARBOR MICHIGAN 48103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Frank Piscitelli 6935623
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Lightpath Capital, Inc. 34617
Street Address 1 Street Address 2
1453 THIRD STREET PROMENADE Suite 315
City State/Province/Country ZIP/Postal Code
Los Angeles CALIFORNIA 90401
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Corbin S. Thomas 4234748
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
McDermott Investment Services LLC 154926
Street Address 1 Street Address 2
44 EAST BROAD STREET 2ND FLOOR
City State/Province/Country ZIP/Postal Code
BETHLEHEM PENNSYLVANIA 18018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
COLORADO
NORTH CAROLINA
OREGON

Recipient
Recipient CRD Number    None
Liam F. Dalton 1327801
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Axiom Capital Management Inc. 26580
Street Address 1 Street Address 2
350 FIFTH AVENUE SUITE 5420
City State/Province/Country ZIP/Postal Code
NEW YORK NEW YORK 10118
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MINNESOTA

Recipient
Recipient CRD Number    None
Steven A. Barnes 1609891
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Purshe Kaplan Sterling Investments 35747
Street Address 1 Street Address 2
18 CORPORATE WOODS BLVD
City State/Province/Country ZIP/Postal Code
Albany NEW YORK 12211
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
David P. Dahill 6581024
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Wealthforge Securities LLC 152550
Street Address 1 Street Address 2
6800 PARAGON PLACE SUITE 200
City State/Province/Country ZIP/Postal Code
RICHMOND VIRGINIA 23230
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW YORK

Recipient
Recipient CRD Number    None
Patrick T. Shea 1654953
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Whitehall-Parker Securities Inc. 10608
Street Address 1 Street Address 2
250 Bel Marin Keys Blvd Suite F3
City State/Province/Country ZIP/Postal Code
Novato CALIFORNIA 94949
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
OREGON

Recipient
Recipient CRD Number    None
Joseph M. Insalaco 2978175
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Concorde Investment Services LLC 151604
Street Address 1 Street Address 2
19500 VICTOR PARKWAY SUITE 550
City State/Province/Country ZIP/Postal Code
LIVONIA MICHIGAN 48152
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEW YORK

Recipient
Recipient CRD Number    None
James M Lamont 2846228
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Whitehall-Parker Securities Inc. 10608
Street Address 1 Street Address 2
477 PACIFIC AVENUE 2ND FLOOR
City State/Province/Country ZIP/Postal Code
San Francisco CALIFORNIA 94133
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Stacey Morimoto 4420782
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
DFPG Investments Inc 155576
Street Address 1 Street Address 2
9017 S RIVERSIDE DRIVE SUITE 210
City State/Province/Country ZIP/Postal Code
SANDY UTAH 84070
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Todd H Kennedy 1002060
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Herbert J Sims & Co Inc. 3420
Street Address 1 Street Address 2
2150 POST ROAD SUITE 301
City State/Province/Country ZIP/Postal Code
FAIRFIELD CONNECTICUT 06824
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
Linda J. Wimsatt 1401802
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Westpark Capital Inc. 39914
Street Address 1 Street Address 2
1900 AVENUE OF THE STARS SUITE 310
City State/Province/Country ZIP/Postal Code
LOS ANGELES CALIFORNIA 90067
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

13. Offering and Sales Amounts

Total Offering Amount $35,125,712 USD
or    Indefinite
Total Amount Sold $34,209,699 USD
Total Remaining to be Sold $916,013 USD
or    Indefinite

Clarification of Response (if Necessary):

Regarding Item 11, the Issuer may accept smaller investments in the Issuer's sole discretion.

14. Investors

  
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
95

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $2,107,543 USD
X Estimate
Finders' Fees $0 USD
X Estimate

Clarification of Response (if Necessary):

Item 15 is an estimate of selling commission, managing broker-dealer fee, marking and due diligence expense allowances, and organization and offering expenses.

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$1,023,750 USD
X Estimate

Clarification of Response (if Necessary):

Item 16 is an estimate of fees and offering/organizational expenses that may accrue for the management team?s services in the identification, negotiation, diligence, and acquisition of the property

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
NREA Retreat, DST /s/ Brian Mitts Brian Mitts Executive Vice President of the Manager of the Issuer 2019-06-12

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.