Here are 11 reasons why we like to buy property in Dallas, Texas

  1. Dallas is the 6th largest metropolitan economy in America and the 12th largest in the world- Brookings Institute.
  2. The population of Dallas in 2014 was 1,281,047 according to 2013 census information provided by Policy Map. In the Dallas-Fort Worth-Arlington metropolitan area, the population was 6,954,330.
  3. In the years 2000-2014, the population growth rate in Dallas increased 7.8%- City of Dallas Economic Profile.
  4. Forbes ranked the Dallas-Fort Worth- Arlington area the 3rd fastest growing city in the US.
  5. Dallas residents are free from paying both state income taxes and local income taxes.
  6. Out of the 12 largest metropolitan areas in the United States, the Dallas-Fort Worth Arlington area had the fastest rate of job growth at 3.9% in March 2016- Bureau of Labor Statistics.
  7. Forbes ranked 4th Best Cities for young professionals.
  8. 21 Fortune 500 companies are headquartered in Dallas.
  9. The Dallas Arts District underwent a 338 million dollar expansion in 2009, which led to the opening and refurbishing of several tourism destinations such as Margot and Bill Winspear Opera House and the City Performance Hall.
  10. The Dallas/Fort Worth international airport is the 4th busiest airport in the United States and 9th busiest in the world. In 2014 it served over 63.5 million customers- City of Dallas Economic Profile.
  11. There are 13 colleges in Dallas, including prestigious universities such as Southern Methodist University, the Art Institute of Dallas, and the University of Texas at Dallas. In the larger Dallas-Fort Worth-Arlington area, there are a total of 39 colleges including Texas Christian University and University of Texas and Arlington, the second largest UT. These institutions enroll about 328,000 students total- City of Dallas Economic Profile.

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References

  1. City of Dallas Economic Profile: http://www.dallas-ecodev.org/wp-content/uploads/2012/04/profile.pdf
  2. Brookings Institute- http://www.brookings.edu/blogs/the-avenue/posts/2012/06/05-dallas-global-cities-berube
  3. Visit Dallas: http://www.visitdallas.com/things-to-do/dallas-neighborhoods/central-dallas/downtown.html
  4. Resonance Consultancy Ltd.’s – http://dfw.cbslocal.com/2014/07/31/report-dallas-named-americas-top-3-tourism-destination/
  5. Bureau of Labor Statistics: http://www.bls.gov/regions/southwest/news-release/areaemployment_dallasfortworth.htm
  6. Policy Map- http://ucberkeley.policymap.com/maps
  7. Forbes info: http://www.forbes.com/pictures/mhj45mhlf/3-dallas-tx-2/#76ef61dd723f
  8. Forbes young professionals- http://www.forbes.com/pictures/emeg45ehikh/4-dallas-texas/#64ea73041b47

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 DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a DST secondary market.  Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over 15 Billion of DST 1031 investments.

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 read the entire Memorandum paying special attention to the risk section prior 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 details regarding your situation.  There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily 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.

Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. If you are not the intended recipient of this message, any use, dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please immediately notify the sender and permanently delete all copies that you may have. Securities offered through Growth Capital Services, member FINRASIPC, Office of Supervisory Jurisdiction located at 582 Market Street, Suite 300, San Francisco, CA 94104.

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