So, you’re ready to sell your property and make a 1031 exchange into a DST property. You can almost taste the retirement piña coladas and feel the gentle wind of the golf course on your face. Aside from finding the right Qualified Intermediary to help you make the exchange, you want to find a firm you can trust to help you find DST properties so that you can enjoy retirement. Here’s why hundreds of DST 1031 investors have chosen Kay Properties & Investments over the years:
1. Kay Properties is hyper-specialized in DST 1031s
DSTs are what we do! We live and breathe DSTs. Other firms also offer financial planning, insurance, mutual funds, oil and gas, etc. making them generalists instead of specialists. At Kay Properties, we focus on DSTs, giving you the peace of mind that we understand and can help you with every element of a DST 1031 exchange. Consider it like going to a a specialist for a knee or hip replacement instead of a general practice doctor.
2. Kay Properties has an experienced team of DST 1031 Professionals
We have team members licensed in all 50 states, Washington DC and the US Virgin Islands. We have offices in Los Angeles, San Diego, San Francisco, Seattle, New York City, and Washington, DC, over 94 years of collective real estate experience, and over $7 billion of DST participation. No matter if you live near one of our offices or not, we have representatives who would be happy to meet with you. We’re always just a phone call away.
4. Kay Properties is picky with its DST properties
Kay Properties has access to on-market DST properties from almost all of the sponsor companies and asset managers in the DST 1031 space. However, we reject certain properties that do not pass our robust due diligence due to high risk, high fees, and lack of previous performance. This is more than just broker dealer due diligence – although we have that too. We do our own due diligence with a lead property analyst who has analyzed over $12 billion in real estate. Many of our competitors will still offer these properties to you that we’ve rejected – so be vigilant and always understand the risks.
5. Kay Properties has access to off-market DST properties
These exclusive DST properties are only available to our clients. These Kay Properties client-only DST offerings often have a dramatically lower fee structure than standard DSTs.
6. Kay Properties has a large inventory of DST properties
We typically have at least 15 to 30 DST offerings at any given time. You can check out our DST property menu to see what offerings are available and have passed our DST due diligence analysis. Just call a representative, share your situation, and ask to see our menu, or register on our website to get a free list of our DST 1031 properties.
7. Kay Properties mystery shops each and every DST property offered
We believe we are one of the few firms that actually sends someone out to inspect every DST property we offer to clients – even portfolio DSTs with 10 to 25 properties. We make sure every DST property we offer has been inspected not just on paper (although our analysts love doing this) but in person as well.
8. Kay Properties has access to leveraged DSTs for debt replacement
We have access to DSTs that typically have a 40% to 65% loan-to-offering value. These DST properties have non-recourse loans in place and are able to be closed on typically within 3-5 business days.
9. Kay Properties has access to All-Cash/Debt-Free DSTs
If you’re an investor who doesn’t want the risk of lender foreclosure, this one is especially important to you. At Kay Properties, we offer many all-cash/debt-free DST properties. Not many groups have access to a wide variety of debt free DST properties like Kay Properties does. Call one of our representatives to discuss your situation and what debt free DST investments we have available.
10. Kay Properties walks the walk
Our team members are proud to be personally invested in multiple DSTs as part of our investment strategy. We don’t just assist others, we personally invest in DSTs ourselves and can give you advice based on personal experience.
There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed. For an investor to qualify for any type of investment, there are both financial requirements and suitability requirements that must match specific objectives, goals and risk tolerances.
Diversification does not guarantee returns and does not protect against loss. This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please be aware that this material cannot and does not replace the Memorandum and is qualified in its entirety by the Memorandum.
This material is not intended as tax or legal advice so please do speak with your attorney and CPA prior to considering an investment. This material contains information that has been obtained from sources believed to be reliable. However, Kay Properties and Investments, LLC, WealthForge Securities, LLC and their representatives do not guarantee the accuracy and validity of the information herein. Investors should perform their own investigations before considering any investment. There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) and 1031 Exchange properties. These include, but are not limited to, tenant vacancies, declining market values, potential loss of entire investment principal.
Past performance is not a guarantee of future results: potential cash flow, potential returns, and potential appreciation are not guaranteed in any way and adverse tax consequences can take effect. Real estate is typically an illiquid investment. Please read carefully the Memorandum and/or investment prospectus in its entirety before making an investment decision. Please pay careful attention to the “Risk” section of the PPM/Prospectus. All photos are representative of the types of properties that Kay Properties has worked with in the past. Investors will not be purchasing an interest in any of the properties depicted unless otherwise noted.
IRC Section 1031, IRC Section 1033, and IRC Section 721 are complex tax codes; therefore, you should consult your tax and legal professional for details regarding your situation. Securities offered through registered representatives of WealthForge Securities, LLC, Member FINRA / SIPC. Kay Properties and Investments, LLC and WealthForge Securities, LLC are separate entities.
DST 1031 properties are only available to accredited investors (generally described as having a net worth of over one million dollars exclusive of primary residence) and accredited entities only (generally described as an entity owned entirely by accredited individuals and/or an entity with gross assets of greater than five million dollars). If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney prior to considering an investment. You may be required to verify your status as an accredited investor