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Custom Kay Properties DST Offering in Tampa Bay, FL Goes Full Cycle on Behalf of Investors
Custom DST delivers a 131.42% total return for investors*
Kay Properties and Investments today announced that one of their custom 1031 exchange Delaware Statutory Trust – DST offerings has gone full cycle and was sold on behalf of investors. The offering was a multi-tenant office property located in the Tampa, FL area and was made available exclusively to Kay Properties clients in 2017.
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The offering generated a total return of 131.42% for the 1031 exchange and direct cash investors*. This DST offering was a custom 1031 DST offering made available only to Kay Properties clients who were accredited investors under Regulation D Rule 506(c).
Dwight Kay, CEO and Founder of Kay Properties commented, “We are extremely pleased with the opportunity to provide these returns for our investors in light of the COVID-19 pandemic and the headwinds facing multi-tenant office properties. The investment was opportunistic in nature as we were able to generate a risk-adjusted return for our investors without utilizing leverage. The offering was a debt free DST and we are proud to say that the returns have proven on this offering to be superior to many leveraged DSTs that were available during the same time period*. Many of the 1031 investors involved in this DST offering decided to complete another 1031 exchange investment with Kay Properties via the www.kpi1031.com marketplace for 1031 exchange offerings and we are thankful for the opportunity to be of service to them and their families.”
Chay Lapin, Senior Vice President of Kay Properties commented, “Our property located in the Tampa, Florida MSA allowed our investors to be in a debt free position to mitigate risk and have potential for upside at the same time. We are very pleased to provide our investors a positive total return on their investment, especially during a global pandemic."
Jason Salmon, Senior Vice President and Managing Director of Real Estate Analytics added, “I’m pleased that our investors were able to participate in a real estate deal that resulted in a profitable sale with monthly income along the way. Most of our clients in this DST investment offering had invested in multiple DSTs with multiple DST sponsor companies as part of a diversified* strategy, and similarly in this case, the clients opted to 1031 exchange their sale proceeds into additional DST real estate.”

Custom DST in Tampa, FL delivers a 131.42% total return for investors*
Betty Friant, Senior Vice President of Kay Properties concluded, “This lends even more credence to our recommendation that if investors are debt free when they sell a property in a 1031 Exchange, they should try to remain debt free. It takes a big layer of risk out of the equation when investing in real estate as it’s extremely hard to lose a property to foreclosure if there is no bank involved! In addition to DST 1031 properties that have leverage associated with them, Kay Properties also has a number of debt free DST properties available in asset classes such as multifamily, industrial distribution centers, medical office, and retail/ pharmacy. Investors can see our current offerings by creating a free account at www.kpi1031.com our online marketplace for 1031 exchange offerings or by calling 866.805.2844.”
*No representation is made that any DST investment will or is likely to achieve profits or losses similar to those achieved in the past or that losses will not be incurred on future offerings. Past performance does not guarantee or indicate the likelihood of future results. 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.
*Diversification does not guarantee profits or protect against losses. 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. This material is not to be construed as tax or legal advice. 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. Securities offered through FNEX Capital, member FINRA, SIPC.