LOS ANGELES, Feb. 25, 2021 (GLOBE NEWSWIRE) Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of a Dollar General net lease asset located in Sanderson, Florida (the “Property”). Recently built in 2018, the Property is slated for one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to mitigate risk the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property will serve as the first of what is expected to be three foundational assets to Cove Capital’s latest investment offering: Cove Essential Net Lease 25 DST, a regulation D, Rule 506c private placement (the “Offering”). The acquisition of the Property reinforces Cove Capital’s dedication to providing 1031 investors with an assortment of debt-free net-leased DST offerings with what we believe to be stron
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Cove Capital Acquires Fresenius Medical Care Dialysis Facility in New Orleans
Cove Capital Investments, LLCFebruary 4, 2021 GMT
LOS ANGELES, Feb. 04, 2021 (GLOBE NEWSWIRE) Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of the Fresenius Medical Care dialysis facility located at 704 Belle Terre Blvd., LaPlace, Louisiana 70068 (the “Property”). The Property was acquired on December 31, 2020.
The Property is a net-leased asset held in one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to potentially mitigate risk, the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property constitutes the single asset in Cove Capital’s latest medical net-lease investment offering: Cove LaPlace Dialysis 26 DST, a regulation D, Ru
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Real estate investors today have options that haven’t always been available. In 1988 the state of Delaware passed the Delaware Statutory Trust Act, which was groundbreaking. Revenue Ruling 2004-86 soon followed and allowed for DSTs to qualify as “replacement property” for the tried-and-true 1031 exchange (part of our tax code since the 1920s).
One of the primary strategies for creating wealth in real estate has always been to buy properties, build equity and then sell and move on to larger properties in many cases using leverage to expand the size and scope of one s real estate holdings. 1031 tax-deferred exchanges have been investors’ saving grace, and they have allowed for all capital gains to be deferred as investors move on to bigger properties. Thus, allowing for real estate to be one of the greatest wealth-creation tools in existence.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Kay Properties, the DST Investment Firm that Operates a 1031 Exchange Property and Real Estate .
Kay Properties and InvestmentsJanuary 27, 2021 GMT
$408 million in equity investments from high-net-worth investors in 2020
DSTs, Real Estate Funds and other investments demonstrate their attractiveness to investors seeking to potentially minimize tax consequences, generate income and build wealth
LOS ANGELES, Jan. 27, 2021 (GLOBE NEWSWIRE) Kay Properties, which operates an online 1031 exchange property and real estate investment marketplace, topped $408 million in investments from high-net-worth investors in 2020, the firm said today. The volume, a record for the company, is 77 percent higher than the previous record set in 2019, when the firm saw $230 million invested on its platform.
Kingsbarn Realty Capital (“Company” or “Kingsbarn”) announced the acquisition of the Centennial Hills Medical Center (“CHMC”), in Las Vegas, Nevada. CHMC is an approximately 57,000 sq. ft., Class-A, medical office building in the Montecito Town