Kay Properties clients are thankful for Delaware law
LOS ANGELES, June 18, 2021 (GLOBE NEWSWIRE) – In the unprecedented time we have all been faced with due to COVID-19, many investors have searched for 1,031 ‘COVID resistant’ exchange properties. One of our clients did a thorough property search but was unable to find a commercial property with favorable rental and loan terms during their identification period. After a thorough review of the Delaware Statutory Trust due diligence documents and the rental terms of the subject property, this investor decided they wanted to invest in a debt-free / all-cash DST with a domestic tenant with distribution requirements. and extensive logistics.
Alex Madden, vice president of Kay Properties and Investments, explained, “As real estate investors across the country look to appraise properties for 1,031 exchanges, there are always many factors. The “COVID effect” is a relatively new consideration and we have seen many investors look to potentially mitigate bank loan risk by purchasing all-cash, debt-free properties from the Delaware Statutory Trust in general, and specifically expressing a lot of interest. for tenants specializing in logistics, industry and distribution.
Chay Lapin, President of Kay Properties and Investments, added, “The market for DSTs available on the KPI 1031 platform is impressive. This expansive platform allows our investors to access the available DST market of over 25 Delaware Statutory Trust sponsor companies, consult with Kay Properties staff who have been involved in over $ 21 billion in DST 1031 investments. and build a diversified portfolio of DST across all asset classes. , Geography and DST Sponsor Companies, all with highly personalized service from our team of dedicated DST Investment Professionals and DST Due Diligence Analysts located across the country.
Personalized service when looking to invest in Delaware Statutory Trust properties is one reason why several of the thousands of Kay clients across the country choose to work with Kay Properties when selecting DST 1031 properties for their 1031 exchanges. . “
About Kay Properties and www.kpi1031.com
Kay Properties is a Delaware Statutory Trust (DST) national investment company. The www.kpi1031.com platform provides access to the DST marketplace from over 25 different sponsor companies, custom DSTs only available to Kay customers, independent advice on DST sponsor companies, due diligence and oversight on each DST (usually 20-40 DST) and an aftermarket DST. Kay Properties’ team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over $ 21 billion in DST 1031 investments.
This document does not constitute an offer to sell or a solicitation of an offer to buy securities. Such offers can only be made through the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum, paying particular attention to the section on risks before investing. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes. Therefore, you should consult your tax or legal professional for more details regarding your situation. There are significant risks associated with investing in real estate securities, including illiquidity, vacancy, general market conditions and competition, lack of operating history, interest rate risks, general risks associated with owning / operating commercial and multi-family properties, financing risks, possible tax consequences, general economic risks, development risks and long holding periods. There is a risk of losing all of the invested capital. Past performance is no guarantee of future results. Potential cash flows, potential returns and potential appreciation are not guaranteed.
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