A 1031 Exchange Five Years in the Making: Kay Properties’ Clients Complete Multi-Million-Dollar 1031 Exchange

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LOS ANGELES, May 06, 2020 (GLOBE NEWSWIRE) — Kay Properties and Investments is honored to announce the completion of a 1031 exchange five years in the making. When the clients reached out to Kay Properties and Investments (www.kpi1031.com) looking for replacement properties after the sale of their 2,000+ acre ranch, they were trying to determine their options.

Kay Properties Vice President Alex Madden stated, “After looking around the industry our clients quickly decided to work with Kay Properties and Investments for a few reasons including the breadth of DSTs available on our platform, the expertise and knowledge of the industry, and our team approach to clients’ 1031 exchanges.”

Senior Vice President Chay Lapin added, “I want to thank the eight different DST sponsor firms who helped our clients diversify* across asset classes including: Multifamily, Investment Grade Corporate Headquarters, Self-Storage, Student Housing and Investment Grade Medical Office. Our Kay
Properties team was able to utilize eight of our DST sponsor company relationships and experienced team members to build a diversified portfolio of 1031 exchange replacement properties. Our team was able to help them complete the majority of their 1031 exchange before their 45-day identification period was even over, with the remainder closing only a few days later.”

Lapin went on to say, “Our Vice President, Alex Madden, did an excellent job staying with our clients through the entire education process. The clients were pleased with their 1031 exchange experience and they very quickly began asking about further investment opportunities available
through Kay Properties, and we are currently helping them evaluate and complete additional investments.”

*Diversification does not guarantee profits or protect against losses.

About Kay Properties and www.kpi1031.com

Kay Properties is a national Delaware Statutory Trust (DST) investment firm. The www.kpi1031.com platform provides access to the marketplace of typically 20-40 DSTs from over 25 different DST sponsor companies, custom DSTs only available to Kay clients and a DST secondary market. Kay Properties team members collectively have over 400 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.

Diversification does not guarantee profits or protect against losses. All real estate investments provide no guarantees for cash flow, distributions or appreciation as well as could result in a full loss of invested principal. Please read the entire Private Placement Memorandum (PPM) prior to making an investment. This case study may not be representative of the outcome of past or future offerings. Please speak with your attorney and CPA before considering an investment.

There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential distributions, 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. Securities offered through FNEX Capital, member FINRASIPC.