1031 Exchange Market Spotlight: Cary, North Carolina

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There are many 1031 DST investment options available to clients in today’s market. One thing to always remember when buying real estate is location, location, location.

Here are some of the reasons why we believe Cary, North Carolina to be a great location to buy property:

Cary is home to some of the largest national and international employers, including the No. 1 multinational workplace in the world — SAS Institute. While technology companies reside in Cary, near Research Triangle Park, other industries such as manufacturing and healthcare employ a good portion of the talented workforce.

Top employers include:
SAS Institute, MetLife, Caterpillar, John Deere, Verizon Wireless, Siemens Medical Solutions USA, Kellogg’s Snacks, Affiliated Computer Services, Lord Corporation, Oxford University Press, DB Global Technologies, HCL Corp, ABB

Cary also enjoys the advantage of proximity to some of the nation’s top universities, including Duke University, North Carolina State University and the University of North Carolina at Chapel Hill, as well as numerous well-regarded local colleges. All in all, area institutions have an enrollment of nearly 200,000 students — each with diverse backgrounds and bright futures.

Cary’s growth has been a direct result of dedicated planning and budgeting. To maintain Cary’s high quality of life, nearly $500 million has been used to improve infrastructure projects including transportation, parks and recreation, and other resources. Our residents call Cary home for a number of reasons. Whether it is the unrivaled low taxes compared to surrounding areas, or the highly educated workforce, Cary has proven to attract those who not only care about growing, but growing smart.

Cary has repeatedly ranked among the top locations in North Carolina and the country to start a business, buy a house, raise a family and retire. Here, cultural, medical and infrastructure offerings of a big city meet the safety and friendliness of a tight-knit community.

Cary offers a diversity of housing options, including large-lot single-family dwellings, townhomes, condominiums and high-end apartments that attract 60-plus people a day to the area.

Source: http://caryeconomicdevelopment.com, http://google.com, http://www.city-data.com/, https://www.raleighnc.gov

DST properties and private placement real estate offerings are for accredited investors (a net worth of greater than 1 million dollars – exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor or an accredited entity, please do speak with your CPA and attorney for verification prior to considering an investment. There are material risks associated with the ownership of real estate, real estate offerings and Delaware Statutory Trust (DST) properties, including but not limited to, tenant vacancies, loss of entire principal amount invested, and that distributions, potential cash flows, returns, and appreciation are not guaranteed. There are no assurances that diversification will produce profits or guarantees against loss. This material does not constitute tax or legal advice. All investors should speak with their own tax and legal advisors before considering any real estate investments.

Securities products offered through WealthForge Securities, LLC, member FINRA/SIPC. Kay Properties and Investments, LLC is independent of WealthForge Securities, LLC. All information provided is for educational purposes only. The material contained in this invitation does not constitute an offer to sell and is not an offer to buy real estate, real estate offerings, DST properties or securities. Such offers are made only by a sponsor’s memorandum, which is always controlling and available to accredited investors and accredited entities only. There are material risks associated with the ownership of real estate, real estate offerings and DST properties, including but not limited to, tenant vacancies, loss of entire principal amount invested, and that potential distributions, cash flows, returns, and appreciation are not guaranteed.

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