Kay Properties Podcast

President Chay Lapin and Vice President Tommy Olsen give a deep overview on Delaware Statutory Trusts DSTs and 1031 Exchanges

In this episode, Senior Vice President Matt McFarland and Vice President Tim Emanuel break down the key differences between Traditional DSTs and 721 UPREIT DSTs. They cover how each structure works, the potential benefits, and what investors should consider when deciding which strategy may be the right fit.

In this episode, Senior Vice President Matt McFarland and Vice President Tim Emanuel break down what a Zero Coupon DST is and how it works. They discuss the basics, key benefits, and what investors should know when considering this type of strategy.

Senior Vice Presidents Matt McFarland and Orrin Barrow give an overview on Debt Replacement

Kay Properties & Investments Senior Vice President Matt McFarland and Vice President Tim Emanuel discuss the key differences between Traditional DSTs and 721 UPREIT DSTs

Join Kay Properties & Investments Senior Vice Presidents Orrin Barrow and Matt McFarland as they discuss the role of Delaware Statutory Trusts in helping 1031 exchange investors meet the debt replacement requirement for full tax deferral.

Kay Properties & Investment's President, Chay Lapin and Vice President, Tim Emanuel discuss the growth of 721 Exchange UPREITs and what are some of the pitfalls investors need to be aweare of before investing in this complicated investment strategy. 

Kay Properties & Investment's President, Chay Lapin and Vice President, Tim Emanuel discuss the growth of 721 Exchange UPREITs and what are some of the pitfalls investors need to be aweare of before investing in this complicated investment strategy. 

Kay Properties President, Chay Lapin discusses the dangers of over-concentration when it comes to Delaware Statutory Trusts and 721 exchange UPREITs. 

Hear Kay Properties' President, Chay Lapin and Senior Vice President describe what set Kay Properties apart from other Delaware Statutory Trust investment firms. 

Kay Properties invites Cove Capital Investments executives to describe a new Build-to-Rent Delaware Statutory Trust offering, Cove Texas Build-to-Rent 97 DST currently available on the Kay Properties & Investments online marketplace at www.kpi1031.com. 

Today we're going to be presenting a new offering on the Kay Properties marketplace located at www.kpi1031.com. The Kay Properties marketplace has many different Delaware Statutory Trust sponsor companies and their various offerings. So when investors log on, they can view current offerings from sponsor companies as Hines, Inland, NexPoint, Cantor Fitzgerald, Capital Square 1031, Exchange Right, and Hamiltion Point to name just a few.   In this podcast we are going to be hearing from Cove Capital Investments, another Delaware Statutory Trust, 1031 Exchange, and 721 UPREIT sponsor firm whose offerings are also found on the Kay Properties marketplace. This podcast features the head of investor relations, Karen Brown, and Sam Simino, head of acquisitions as they describe the new Cove Essential Net Lease Portfolio 90 DST.

More than 150 accredited investors from across the United States showed up for the Kay Investor Day investment conference, hosted by Kay Properties & Investments, a leading national real estate investment firm specializing in Delaware Statutory Trust (DST), 1031 exchange and 721 UPREIT offerings. Hosted in Torrance, CA, the Kay Properties Investor Day conference brought together all the key pieces of the 1031 Exchange puzzle – accredited investors, Kay Properties' team of DST specialists, and top DST and 721 UPREIT real estate sponsors, creating an afternoon of expert insights and market intelligence. This video highlights opening comments by Kay Properties & Investments founder and CEO, Dwight Kay. Kay Investor Day Conference Highlights The Kay Properties Investor Day Conference included the following highlights: ● Expert-Led Panel Sessions: Attendees heard from multiple panel sessions featuring leading DST and 721 UPREIT sponsor companies. These sessions covered the latest trends, investment strategies, and market dynamics shaping the industry. ● DST Sponsor Company Evaluation Workshops: The Kay Properties & Investments team hosted dedicated sessions on how to evaluate and select the right sponsor for their 1031 exchange needs. These workshops provided an inside look at how Kay Properties & Investments conducts due diligence on DST and 721 UPREIT offerings. * ● Exclusive Insights: Attendees were able to learn about how to utilize the www.kpi1031.com marketplace platform to access 1031 exchange DST and 721 UPREIT offerings from over 25 different DST sponsor companies, as well as direct cash opportunities, including Opportunistic & Income-Oriented Funds, Real Estate Credit Funds, and NNN Lease Development Offerings. 

More than 150 accredited investors from across the United States showed up for the Kay Investor Day investment conference, hosted by Kay Properties & Investments, a leading national real estate investment firm specializing in Delaware Statutory Trust (DST), 1031 exchange and 721 UPREIT offerings. Hosted in Torrance, CA, the Kay Properties Investor Day conference brought together all the key pieces of the 1031 Exchange puzzle – accredited investors, Kay Properties' team of DST specialists, and top DST and 721 UPREIT real estate sponsors, creating an afternoon of expert insights and market intelligence. This video highlights opening comments by Kay Properties & Investments founder and CEO, Dwight Kay. Kay Investor Day Conference Highlights The Kay Properties Investor Day Conference included the following highlights: ● Expert-Led Panel Sessions: Attendees heard from multiple panel sessions featuring leading DST and 721 UPREIT sponsor companies. These sessions covered the latest trends, investment strategies, and market dynamics shaping the industry. ● DST Sponsor Company Evaluation Workshops: The Kay Properties & Investments team hosted dedicated sessions on how to evaluate and select the right sponsor for their 1031 exchange needs. These workshops provided an inside look at how Kay Properties & Investments conducts due diligence on DST and 721 UPREIT offerings. * ● Exclusive Insights: Attendees were able to learn about how to utilize the www.kpi1031.com marketplace platform to access 1031 exchange DST and 721 UPREIT offerings from over 25 different DST sponsor companies, as well as direct cash opportunities, including Opportunistic & Income-Oriented Funds, Real Estate Credit Funds, and NNN Lease Development Offerings. 

In recent years, non-traded and perpetual life REITs (REITs that don't have a predetermined termination date, allowing them to operate and reinvest capital continuously without a forced dissolution) have emerged as attractive vehicles for real estate investors, especially within the 721 UPREIT DST structure. While these vehicles offer tax-deferred exchange benefits and diversified exposure to real estate, investors must scrutinize several key financial metrics to avoid hidden pitfalls. Kay Properties reviews scores of new DST and 721 UPREIT offerings and DST sponsor companies each year. We take our due diligence process very seriously, ensuring that each potential offering is strictly vetted before it is allowed to be posted on our www.kpi1031.com marketplace. Our goal is to provide our clients with thoroughly reviewed investment opportunities, allowing them to make informed decisions when considering Delaware Statutory Trusts (DSTs) and 721 UPREIT investments.  As we consider a DST or 721 UPREIT offering and/or a sponsor firm, we use some very specific items within our due diligence process.   

One of the most important questions Delaware Statutory Trust real estate investors need to ask themselves is, “What is my long-term, exit strategy?” One option that more and more investors are interested in is what's called a 721 Exchange UPREIT. 

Learn why the Small Bay Industrial asset class is gaining in popularity among Delaware Statutory Trust investors. 

As one of the nation's leading expert real estate investment firms specializing in Delaware Statutory Trust investments, Kay Properties is regularly asked about the nuances and strategies surrounding Delaware Statutory Trust investments for 1031 exchanges or direct cash investments. Listen to some of Frequently Asked Questions investors ask regarding Delaware Statutory Trusts and 1031 exchanges. This is a must hear episode for anyone interested in learning more about Delaware Statutory Trust investments. 

One of the most asked questions we hear from investors is “What are my options for a 1031 Exchange?”  Kay Properties Essentials podcast takes a close look at this questions, and what are the most common strategies for 1031 exchange investors.   

Kay Properties & Investments President, Chay Lapin, reviews the debt-free Texas Small Bay 85 DST for 1031 exchange and direct cash investors.  The 68,400 SF asset was constructed in 2000 and is a 100% leased multi-tenant flex/industrial asset located in the coveted northwest submarket of San Antonio, Texas. 

One of the most important questions Delaware Statutory Trust real estate investors need to ask themselves is, “What is my long-term, exit strategy?” Most Delaware Statutory Trust (DST) investments are typically held for approximately 5- 10 years (although it could be shorter or longer). After that, the DST investment will typically go “Full-Cycle”, a term used to describe a DST property that is purchased on behalf of investors and then after a period of time is sold on behalf of investors. Once your DST investment goes full-cycle, investors need to evaluate what their next investment move should be. For example an investor could simply cash out and pay the capital gains and other taxes, enter another 1031 Exchange process, or complete a 721 Exchange UPREIT.

For real estate investors considering Delaware Statutory Trust (DST) investments—whether for a 1031 exchange or as a direct cash investment, it is important to define your investment strategy. For example, are you looking for an investment where you have the abilitiy to potentially generate greater monthly net operating income, or are you more interested in a steady income stream over a long period of time. These two investment strategies are often called the “Anchor and Buoy” investment theory. DSTs are uniquely suited to help investors potentially achieve the benefits of both strategies, potentially offering the stability of an anchor with the growth opportunities of a buoy. 

In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today. However, one the best ways to maximize this real estate investment strategy is by first understanding some of the benefits and risks of the Delaware Statutory Trust. This recording will jump right into specific advantages and disadvantages associated with DST 1031 exchanges and provide a comprehensive look into this popular investment strategy.

Navigating the nuances of 1031 exchanges can be confusing for real estate investors, especially when it comes to understanding the concept of debt replacement. In today's podcast, Kay Properties' Senior Vice President's Matt McFarland and Carmine Galimi take a deep dive into why many investors love the Delaware Statutory Trust for replacing 1031 Exchange debt.   

This podcast features two actual investors who share how they turned to Kay Properties and Investments when they decided to exit the world of active management of their multifamily real estate portfolio and the the "Terrible Three T's: Tenants, Toilets, and Trash". *These testimonials may not be representative of the experience of other clients. These clients were not compensated for their testimonials. Please speak with your attorney and CPA before considering an investment.    

Real estate investors love Delaware Statutory Trusts for their 1031 exchanges because they can potentially provide investors the opportunity to defer capital gains taxes, eliminate active management responsibilities, and achieve the potential for regular monthly cash distributions. However, the first step to using the DST 1031 exchange real estate investment strategy is to first understand the pros and cons of the Delaware Statutory Trust. Jason Salmon, Executive Vice President and Managing Director along with Orrin Barrow, Senior Vice President with Kay Properties jump directly into very specific advantages and disadvantages of Delaware Statutory Trusts and provide listeners a comprehensive view into this popular investment strategy. Key Takeaways: Why are Delaware Statutory Trust 1031 Exchanges growing in popularity? What are some of the potential benefits of Delaware Statutory Trust 1031 Exchanges? What are some of the risks of Delaware Statutory Trust 1031 Exchanges to consider? What are Some Examples of Delaware Statutory Trust Properties? Frequently Asked Questions Regarding the Pros and Cons on Delaware Statutory Trust Properties

A Closer Look at Essential Net Lease 81 and San Antonio Multifamily 74 DSTs Chay Lapin, President of Kay Properties & Investments describes two new debt-free Delaware Statutory Trusts offerings that include the Essential Net Lease 81 DST and the San Antonio Multifamily 74 DST.

One of the more complex strategies 1031 exchange investors should be aware of is the Zero Coupon DST 1031 Exchange. Listen to Kay Properties Senior Vice President Alex Madden and Vice President Tim Emanuel describe how investors can use the Zero Coupon strategy for the Delaware Statutory Trust 1031 exchange.

It's been called the greatest wealth transfer in history - It is estimated that $84 trillion in assets is set to change hands over the next 20 years. Not surprisingly, real estate accounts for the vast percentage of this wealth.  The Delaware Statutory Trust can be a great tool for helping investors preserve their wealth and pass their assets to the next generation. Kay Properties & Investments senior vice presidents Alex Madden and Matt McFarland explain exactly how Delaware Statutory Trusts can help investors with wealth preservation. 

  One of the most important questions Delaware Statutory Trust real estate investors need to ask themselves is, “What is my long-term, exit strategy?” Most Delaware Statutory Trust (DST) investments are typically held for approximately 5-10 years (although it could be shorter or longer). After that, the DST investment will typically go “Full-Cycle”, a term used to describe a DST property that is purchased on behalf of investors and then after a period of time is sold on behalf of investors. While the two most common exit strategies for DST investors include cashing-out and paying taxes or continuing with another 1031 Exchange, a third optiion exists for investors in the form of a 721 UPREIT.  What is a 721 UPREIT Exchange? The term “UPREIT” is short for Umbrella Partnership Real Estate Investment Trust, which is an operating partnership subsidiary of a REIT that holds and operates real property. Section 721 of the Internal Revenue Code allows owners of real estate property to contribute, on a tax deferred basis, their physical property to a partnership, in exchange for interests in the partnership ( a 721 Transaction). This structure allows holders of real estate to exchange real property for economic interest in the REIT in the form of operating partnership units by contributing that property to the partnership in a 721 Transaction. The operating partnership units have economic rights that are identical to the rights of the shares of the REIT, and after a designated holding period can be, if the investor chooses to, converted into shares of the REIT (in a taxable transaction) for liquidity purposes. Investors seeking to defer capital gains taxes while increasing diversification in real estate should consider using a 721 Exchange to realize the several potentail benefits that are explained in this informative podcast episode by Kay Properties.  

Kay Properties & Investments Betty Friant, Managing Director and Executive Vice President and Matt McFarland, Senior Vice President discuss in detail two current debt-free DST offerings from Kay Properties & Investments.  Debt-Free DST Offering Number One: The first offering is for a Pepsi Distribution DST 64. This Net Lease Distribution DST is located in Frankfort, NY and is a 61,000 square foot industrial building with brand new construction. This asset has a current 10 year net lease on the property and is eligible for a 721 Exchange Rollup as a potential exit strategy.  Debt-Free DST Offering Number Two:  The second offering is for Florida Net Lease 72 DST. This asset currently has a new 20-year net lease in place that is corporately guaranteed with annual rental increases. Located in the Miami MSA, this net lease is for a Guidepost Montessori school. 

Listen to Kay Properties & Investments Chay Lapin discuss in detail three current offerings available from Kay Properties.  These offerings include:  Offering Number One:  A debt-free multi-tenant retail location in Birmingham, AL. This offering is called Eastwood Village Opportunity 71 DST and includes a portfolio of discount retail locations located in Birmingham, AL. This 130,056 square foot retail offering is 96% leased and includes national tenants as Ross, Five Below, Office Depot, Michael's, Party City, and more. The asset sees 78,000 vehicles per day and 3.4 million people visiting the center annually.  Offering Number Two:  A debt-free multi-tenant flex asset located in Fort Bend County, a suburb of Houston. This asset, called Rogers Business Park DST is a newly constructed facility that currently is 99% leased to a wide range of tenants including retail, restaurants, business offices, and warehouse space.  Offering Number Three:  A senior preferred equity real estate fund offering. This direct cash investment currently has a portfolio of more than 1.9 million square feet throughout 24 buildings across five Southeastern states. This fuknd is offering a senior preferred equity offering whereby fresh capital holds a senior position to the current portfolio owners equity. 

Real estate investors have three options when purusing a 1031 exchange. First, they could simply exchange into a similar property as they relinquished with the intent on continuing to actively manage the asset. Second, they could directly purchase a NNN property that they would also manage on their own. Third, invest in a Delaware Statutory Trust where they would enter as 100% passive management role and potentially receive regular monthly dispursements. 

In the world of real estate investing, one of the biggest potential risks that investsors face is the use of debt. Lender foreclosures, cash flow sweeps, and refinancing challenge are just a few of the risks associated with debt.  Kay Properties specializes in helping investors mitigate risk through debt-free Delaware Statutory Trust properties. Here more about Why Delaware Statutory Trust investors should consider debt-free real estate investment offerings. 

Many rental property owners decide they are tired of actively managing their investment real estate, and decide to sell. The problem is that very often these assets have appreciated greatly in value, and there is a hefty capital gains tax bill associate with the sale. That's why many investors opt to pursue a 1031 exchange.  However, the problem with the 1031 Exchange is the associated timeline: 45 days to identify a property, 180 days to close on said property. Usually, it's that initial 45-day identification period, which includes weekends and holidays, because it goes very, very fast. So it can be very tough for investors to put a property under contract. That's where the Delaware Statutory Trust is used as a reliable backup strategy.    

Kay Properties and Investment's Delaware Statutory Trust experts, Matt McFarland and Alex Madden examine the mechanisms for using Delaware Statutory Trusts as a debt replacement strategy for 1031 exchanges. 

In this episode, Kay Properties Senior Vice Presidents Matt McFarland and Alex Madden discuss  why there is a commercial real estate debt crisis, how it's affecting real estate across the country, and why debt-free investing is quickly growing in popularity. 

Listen to Steve Haskell and Matt McFarland, two Senior Vice Presidents with Kay Properties as they discus the dangers of over-concentration in real estate investing, and how Delaware Statutory Trusts can help investors potentially create a potentially more diversfied real estate portfolio. While diversification does not guarantee profits or protects agains losses, being able to establish a portfolio with multiple asset classes across multiple geographic regions is one of the benefits associated with Delaware Statutory Trusts. 

In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today. One of the best ways to maximize this real estate investment strategy is by first understanding the pros and cons of the Delaware Statutory Trust. In this podcast, Dwight Kay, Founder and CEO of Kay Properties and Investments jumps right into three specific advantages and three disadvantages associated with DST 1031 exchanges and provide a comprehensive look into this popular investment strategy.  

Many real estate investors looking for quality DST investment opportunities come to Kay Properties and Investments' online 1031 exchange and real estate investment marketplace located at www.kpi1031.com.   What sets Kay Properties & Investments apart is the focus the firm places on educating investors about the risk factors in DST investments. Listen to Dwight Kay, founder, and CEO of Kay Properties describe in this podcast how Kay Properties has created one of the largest 1031 exchange and real estate investment online marketplaces in the country that generates some of the largest DST 1031 investment volumes in the United States.   While most real estate investments made on the Kay Properties platform are for DST 1031 exchange replacement properties, the online marketplace is also drawing significant attention from direct cash investors as well. The reasons why investors choose to invest in DST properties as a purely discretionary cash investment are many, but two of the of the most common include: Investors use DST properties to diversify out of the stock/bond markets while also deriving a tax-advantaged potential income stream. Investors who are considering selling a large investment property over the coming months and or years often find potential value in investing a smaller amount of direct cash into a DST on kpi1031.com as a “test” investment. This way when they do have a large 1031 exchange coming, they have had real experience with DSTs and Kay Properties. Created for ease of use and efficacy, the kpi1031.com online marketplace is considered by thousands of investors a best-in-class robust platform that connects high-net-worth investors with quality real estate offerings. The platform is also a place for Delaware Statutory Trust sponsor firms to connect with tens of thousands of high-net-worth investors seeking to deploy capital into real estate offerings. For investors seeking DST investment opportunities, this online marketplace has created a perfect match for all sides of the 1031 exchange and real estate investment equation. Kay explained that in addition to being able to review DST opportunities online, investors can also receive a free physical listing menu, called the “1031 Exchange DST Property Menu” where they can view the current DST investment opportunities available.

Kay Properties and Investments Managing Director and Executive Vice Presdient Betty Friant joins Senior Vice Presdient Matt McFarland to unpack triple net properties. The topic of NNN properties comes up frequently, especially when speaking with passive real estate investors. Because there are multple options for investors who are seeking passive investments, we want to take a closer look at just how the triple net properties fits into the DST space, and secondly, what investors in a 1031 exchange should be thinking as they consider various passive real estate investments.

Listen to Delaware Statutory Trust experts Alex Madden, Senior Vice President, and Orrin Barrow, Senior Vice President as they review the significance of Delaware Statutory Trust Asset Class Rejection.   Specifically, they will be discussing:   ✔️What exactly is an asset class for real estate and Delaware Statutory Trusts?   ✔️ Why is asset class rejection important when investing in Delaware Statutory Trusts?   ✔️Consider some of the risks of senior care assets in Delaware Statutory Trusts.   ✔️Potentiall risks associated with student housing Delaware Statutory Trusts.   Here are some highlights and time stamps from the recording:    4:26 – What are Asset Classes?  8:29 – Why Certain Delaware Statutory Trust Asset Classes Are Rejected?  12:41 – Inherent Risks of Senior Care Delaware Statutory Trusts  16:41 – Risks Associated with Hospitality Delaware Statutory Trusts  19:16 – Risks Associated with Student Housing Delaware Statutory Trusts  25:32 – Risks Associated with Oil and Gas Delaware Statutory Trusts  

Kay Properties and Investments Matt McFarland Senior Vice President and Tommy Olson, Vice President discuss a very specific case study on a recent 1031 exchange transaction completed by a family out of Northern California. The goal of this podcast is to provide insight into how decisions were made and the background of why this family decided to choose the DST investment structure and how the investment process was approached and eventually completed.     

Listen to the Delaware Statutory Trust experts from Kay Properties and Investments, Steve Haskell, Senior Vice President and Thomas Wall, Senior Associate as they review the differences between Delaware Statutory Trusts, Real Estate Funds, and LLCs.  They will be discussing: What are the differences between DSTs, Funds, and LLCs. Why DSTs are used for 1031 Exchanges, and Real Estate Funds are not. Why Real Estate Funds are used for investors looking for potentially greater cash flow. How are returns calculated differently in a DST and Real Estate Fund? Why not all Real Estate Funds look alike and why are they different in makeup than DSTs?