LOS ANGELES and CHESAPEAKE, Va., Jan. 04, 2017 (GLOBE NEWSWIRE) -- Kay Properties and Investments today announced another fully subscribed DST offering on behalf of multiple clients.
The Battlefield Technology Center DST was a Regulation D, 506(c), 1031 exchange DST offering available to accredited 1031 exchange and direct cash investors. The 100% occupied, high quality office property is well located in Chesapeake, VA and was designed as an all-cash/debt-free DST offering. The total amount of equity raised for the property was $7,250,000.
Dwight Kay, the founder and CEO of Kay Properties and Investments commented: “The Battlefield Technology Center DST was one of our most well received 1031 exchange properties to date. Many 1031 exchange and direct investor clients from all over the country participated in this offering as well as multiple Kay Properties team members made their own personal investments.”
Mr. Kay continued, “The DST was particularly attractive to 1031 investors due to the DST being an all-cash/debt-free DST with no risk of a lender foreclosure. The property was an exclusive, Kay Properties client only DST offering and we are grateful to each of our clients who participated.”
For more information on Kay Properties and Investments, LLC please visit www.kpi1031.com.
ABOUT KAY PROPERTIES AND INVESTMENTS, LLC Kay Properties and Investments, LLC was founded by Dwight Kay to offer solutions to 1031 Exchange clients throughout the country.
Headquartered in Los Angeles, CA with offices in New York, NY and Washington, DC
Specialists in the Delaware Statutory Trust (DST) 1031 exchange marketplace.
Offering DST brokerage and advisory services to 1031 exchange clients and working with many major DST sponsor companies throughout the country.
Offering client exclusive DST properties solely available to Kay Properties clients.
Offering both leveraged DST properties as well as all-cash/debt-free DST properties.
Over $127,000,000 of DST properties purchased by our clients in 2015.
Licensed in all 50 states, Washington D.C. and the Virgin Islands.
Always Available to Help Our Clients – Weekends, Holidays and Whenever You Need Us.
Better Business Bureau A+ Accredited Business.
Dwight Kay – Founder Office: (855) 466-5927 Cell: (310) 404-7297 E-mail: Dwight@kpi1031.com
Chay Lapin – Vice President Office: (855) 466-5927 Cell: (562) 882-7617 E-mail: Chay@kpi1031.com
Jason Salmon – Senior Vice President and Managing Director of Real Estate Analytics Office: (855) 466-5927 Cell: (917) 837-1492 E-mail: Jason@kpi1031.com
Betty Friant, CCIM – Senior Vice President Office: (202) 552-6627 Cell: (540) 550-1784 E-mail: Betty@kpi1031.com
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 be aware that this material cannot and does not replace the Memorandum and is qualified in its entirety by the Memorandum.
This material is not intended as tax or legal advice so please do speak with your attorney and CPA prior to considering an investment.
This material contains information that has been obtained from sources believed to be reliable. However, Kay Properties and Investments, LLC, Colorado Financial Services Corporation and their representatives do not guarantee the accuracy and validity of the information herein. Investors should perform their own investigations before considering any investment.
There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) and 1031 Exchange properties. These include, but are not limited to, tenant vacancies; declining market values; potential loss of entire investment principal; that past performance is not a guarantee of future results; that potential cash flow, potential returns, and potential appreciation are not guaranteed in any way; adverse tax consequences and that real estate is typically an illiquid investment.
Please read carefully the Memorandum and/or investment prospectus in its entirety before making an investment decision. Please pay careful attention to the “Risk” section of the PPM/Prospectus. This material is not intended as tax or legal advice so please do speak with your attorney and CPA prior to considering an investment. IRC Section 1031, IRC Section 1033, and IRC Section 721 are complex tax codes; therefore, you should consult your tax and legal professional for details regarding your situation.
Securities offered through registered representatives of Colorado Financial Service Corporation, Member FINRA / SIPC. Kay Properties and Investments, LLC and Colorado Financial Service Corporation are separate entities. OSJ Address: 304 Inverness Way S, Ste 355, Centennial, Colorado. 303-962-7267
Kay Properties & Investments, LLC, is registered to sell securities in all 50 states.
DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million dollars excusive of primary residence) and accredited entities only (generally described as an entity owned entirely by accredited individuals and/or an entity with gross assets of greater than $5 million dollars). If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney prior to considering an investment. You may be required to verify your status as an accredited investor.
