Form D Raw Data - Electronic Filing Depository

EFDID: 443104EFD: Raw Data

Issuer: EMERALD PASS 12101 HOLDINGS DST (0001926234) - D/A

Accession: 0000932440-26-000005 () (EDGAR Files) (Form D)

Edgar Posted: Jan. 29, 2026
EFD Posted: Jan. 30, 2026

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001926234 </ cik >

< entityName > EMERALD PASS 12101 HOLDINGS DST </ entityName >

- < issuerAddress >

< street1 > C/O NET LEASE CAPITAL ADVISORS, LLC </ street1 >

< street2 > 10 TARA BOULEVARD, SUITE 501 </ street2 >

< city > NASHUA </ city >

< stateOrCountry > NH </ stateOrCountry >

< stateOrCountryDescription > NEW HAMPSHIRE </ stateOrCountryDescription >

< zipCode > 03062 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 603-686-8276 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Other </ entityType >

< entityTypeOtherDesc > Delaware Statutory Trust </ entityTypeOtherDesc >

- < yearOfInc >

< overFiveYears > true </ overFiveYears >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Douglas </ firstName >

< middleName > F. </ middleName >

< lastName > Blough </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Net Lease Capital Advisors, Inc. </ street1 >

< street2 > 10 Tara Boulevard, Suite 501 </ street2 >

< city > Nashua </ city >

< stateOrCountry > NH </ stateOrCountry >

< stateOrCountryDescription > NEW HAMPSHIRE </ stateOrCountryDescription >

< zipCode > 03062 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other Real Estate </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Not Applicable </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0000932440-22-000024 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2022-04-12 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > true </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isOtherType > true </ isOtherType >

< descriptionOfOtherType > Beneficial interests in a Delaware statutory trust </ descriptionOfOtherType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Edward Eric Fernandez </ recipientName >

< recipientCRDNumber > 002956661 </ recipientCRDNumber >

< associatedBDName > Capulent LLC </ associatedBDName >

< associatedBDCRDNumber > 000155155 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2603 Main Street </ street1 >

< street2 > Suite 1050 </ street2 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Scott David Offerman </ recipientName >

< recipientCRDNumber > 004619093 </ recipientCRDNumber >

< associatedBDName > 1031 Securities Inc. </ associatedBDName >

< associatedBDCRDNumber > 000326590 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 25300 West 13 Mile Road </ street1 >

< city > Franklin </ city >

< stateOrCountry > TN </ stateOrCountry >

< stateOrCountryDescription > TENNESSEE </ stateOrCountryDescription >

< zipCode > 48025 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Ronald Norman York Jr. </ recipientName >

< recipientCRDNumber > 004308987 </ recipientCRDNumber >

< associatedBDName > Arkadios Capital </ associatedBDName >

< associatedBDCRDNumber > 000282710 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4814 Outlook Drive </ street1 >

< street2 > Suite 104 </ street2 >

< city > Wall </ city >

< stateOrCountry > NJ </ stateOrCountry >

< stateOrCountryDescription > NEW JERSEY </ stateOrCountryDescription >

< zipCode > 07753 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Kenneth Rodger Bolton </ recipientName >

< recipientCRDNumber > 001086678 </ recipientCRDNumber >

< associatedBDName > Kingswood Capital Partners, LLC </ associatedBDName >

< associatedBDCRDNumber > 000288898 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 126 E. 56 Street </ street1 >

< street2 > Suite 301 </ street2 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10022 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Zack Steven Brough </ recipientName >

< recipientCRDNumber > 005674690 </ recipientCRDNumber >

< associatedBDName > Emerson Equity LLC </ associatedBDName >

< associatedBDCRDNumber > 000130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 155 Bovet Road </ street1 >

< street2 > Suite 725 </ street2 >

< city > San Mateo </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94402 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Karl Wolfgang Suess </ recipientName >

< recipientCRDNumber > 005258922 </ recipientCRDNumber >

< associatedBDName > Great Point Capital LLC </ associatedBDName >

< associatedBDCRDNumber > 000114203 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 200 West Jackson Blvd. </ street1 >

< street2 > Suite 1000 </ street2 >

< city > Chicago </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60606 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Justin Wayne Fordice </ recipientName >

< recipientCRDNumber > 007328445 </ recipientCRDNumber >

< associatedBDName > Lighthouse Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 000169135 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1055 E. Colorado Blvd. </ street1 >

< street2 > Suite 310 </ street2 >

< city > Pasadena </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 91106 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jonathan Andrew Taylor </ recipientName >

< recipientCRDNumber > 007086106 </ recipientCRDNumber >

< associatedBDName > Lighthouse Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 000169135 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1055 E. Colorado Blvd. </ street1 >

< street2 > Suite 310 </ street2 >

< city > Pasadena </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 91106 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 340120067 </ totalOfferingAmount >

< totalAmountSold > 340120067 </ totalAmountSold >

< totalRemaining > 0 </ totalRemaining >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 52 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 0 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Clearview Trading Advisors, Inc. ("Clearview") will receive an investor vetting fee in the amount of up to 0.10% of the Total Transaction Amount. Clearview will also receive a $5,000.00 per month advisory fee related to this Offering. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > EMERALD PASS 12101 HOLDINGS DST </ issuerName >

< signatureName > /s/ Douglas F. Blough </ signatureName >

< nameOfSigner > Douglas F. Blough </ nameOfSigner >

< signatureTitle > Manager </ signatureTitle >

< signatureDate > 2026-01-29 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >