Kay Properties Completes Delaware Statutory Trust (DST) Offering in Port Orchard, WA

Los Angeles, CA and Port Orchard, WA

Kay Properties has successfully completed the Washington Pharmacy DST in Port Orchard,WA. This DST property was made available to accredited investors under Regulation D Rule 506c and had a total equity raise of $5,925,500.

Dwight Kay, Founder and CEO of Kay Properties noted, “The Washington Pharmacy DST was another example of a net lease DST offering available to Kay Properties clients. We are grateful for all of our clients that chose to participate in this offering either via 1031 exchange or a direct cash investment.”

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*(Accredited investors are defined under SEC Rule 506 of Regulation D. Generally, an investor is deemed accredited if their net worth is greater than $1,000,000 exclusive of their primary residence and/or their annual income exceeds $200,000 for the current and past two years. View this applicable SEC bulletin).
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