Trauma surgery

ARCTRUST Appoints Chris Wadelin to Managing Director Equity Markets

Retrieved on: 
Thursday, March 24, 2022

CLIFTON, N.J., March 24, 2022 /PRNewswire/ -- ARCTRUST Properties, Inc. a sponsor of non-traded real estate alternative investment offerings, announced today that Chris Wadelin has been appointed to the position of Managing Director Equity Markets.

Key Points: 
  • CLIFTON, N.J., March 24, 2022 /PRNewswire/ -- ARCTRUST Properties, Inc. a sponsor of non-traded real estate alternative investment offerings, announced today that Chris Wadelin has been appointed to the position of Managing Director Equity Markets.
  • "Chris has a strong reputation among investors for high-quality reliable offerings and is a real estate first focused professional," said James M. Steuterman, President and CEO of ARCTRUST.
  • "We are pleased to welcome Chris in this new position and look forward to his accelerating contributions to our team."
  • Wadelin brings extensive experience in product development, market strategy and distribution across all advisory channels that will enhance the position ARCTRUST holds in the private equity markets.

1031 Crowdfunding Closes Senior Living DST Portfolio as Opportunity Reaches Full Subscription

Retrieved on: 
Monday, March 14, 2022

1031 Crowdfunding (1031CF), a real estate investing platform, announces it has fully subscribed its $16.85 million 1031CF Portfolio 1 DST.

Key Points: 
  • 1031 Crowdfunding (1031CF), a real estate investing platform, announces it has fully subscribed its $16.85 million 1031CF Portfolio 1 DST.
  • 1031CF Portfolio 1 DST includes two memory care facilities that are managed by Iris Senior Living and are located in the Dallas-Fort Worth and Oklahoma City metropolitan areas, respectively.
  • Iris Senior Living, LLC is the operator of the two senior living facilities.
  • 1031 Crowdfunding is proud to partner with Iris Senior Living to continue providing specialized care to senior citizens.

ReserveBlock Foundation RBX Network and Venture Miami Team to Collaborate on Miami-Centric NFTs

Retrieved on: 
Wednesday, March 9, 2022

MIAMI, March 9, 2022 /PRNewswire/ -- ReserveBlock Foundation RBX Network (reserveblock.io), the first open-source decentralized NFT Centric Blockchain will soon be opening up its blockchain for the Miami community to develop Miami-centric NFTs.

Key Points: 
  • MIAMI, March 9, 2022 /PRNewswire/ -- ReserveBlock Foundation RBX Network (reserveblock.io), the first open-source decentralized NFT Centric Blockchain will soon be opening up its blockchain for the Miami community to develop Miami-centric NFTs.
  • RBX is offering the City of Miami and its residents a pathway to utility through NFTs on the RBX Network and protocol.
  • Mayor Suarez's internal Venture Miami team will have access to participate in the public Testnet on the RBX Network through a designated RBX core wallet, allowing the team to experience the network Masternode infrastructure first-hand.
  • Upon the launch of RBX on Mainnet in the coming weeks, RBX and the Venture Miami team will begin collaborating to develop Miami-centric NFTs.

ReserveBlock Foundation RBX Network and Venture Miami Team to Collaborate on Miami-Centric NFTs

Retrieved on: 
Wednesday, March 9, 2022

MIAMI, March 9, 2022 /PRNewswire/ -- ReserveBlock Foundation RBX Network (reserveblock.io), the first open-source decentralized NFT Centric Blockchain will soon be opening up its blockchain for the Miami community to develop Miami-centric NFTs.

Key Points: 
  • MIAMI, March 9, 2022 /PRNewswire/ -- ReserveBlock Foundation RBX Network (reserveblock.io), the first open-source decentralized NFT Centric Blockchain will soon be opening up its blockchain for the Miami community to develop Miami-centric NFTs.
  • RBX is offering the City of Miami and its residents a pathway to utility through NFTs on the RBX Network and protocol.
  • Mayor Suarez's internal Venture Miami team will have access to participate in the public Testnet on the RBX Network through a designated RBX core wallet, allowing the team to experience the network Masternode infrastructure first-hand.
  • Upon the launch of RBX on Mainnet in the coming weeks, RBX and the Venture Miami team will begin collaborating to develop Miami-centric NFTs.

Kay Properties & Investments, Which Operates a 1031 Exchange and Real Estate Investment Marketplace, Announces Another Record Year After Placing $610 Million from Accredited Investors in 2021

Retrieved on: 
Monday, February 7, 2022

The firm was established with the emphasis on providing real estate investment options to high-net-worth clients looking for passive real estate ownership.

Key Points: 
  • The firm was established with the emphasis on providing real estate investment options to high-net-worth clients looking for passive real estate ownership.
  • We are indeed grateful for our success," said Dwight Kay, Founder & CEO of Kay Properties & Investments.
  • Kay explained that most investments made on the Kay Properties platform are for DST 1031 exchange replacement properties followed bya growing number ofcash investments into real estate funds and other vehicles.
  • According to Kay, 2021was a remarkable year for both Kay Properties and the entire 1031 exchange property market, including DSTs.

Like-Kind Exchanges and Delaware Statutory Trusts Under Section 1031 - Webinar, 1st March 2022 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 26, 2022

The "Like-Kind Exchanges and Delaware Statutory Trusts Under Section 1031" webinar has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Like-Kind Exchanges and Delaware Statutory Trusts Under Section 1031" webinar has been added to ResearchAndMarkets.com's offering.
  • Section 1031 governing tax-deferred exchanges have been in the Internal Revenue Code since 1921.
  • However, many people are unaware of the concept of a Section 1031 exchange and do not understand the advantage of structuring exchanges when selling investment or business real estate.
  • You will be able to describe the uses and benefits of a Delaware Statutory Trust, including uses in Section 1031 ex-change programs.

Capital Square Reports $1.68 Billion in Acquisitions, Record Equity Raised and High-Yielding Dispositions in 2021

Retrieved on: 
Wednesday, January 19, 2022

"2021 was a year of breaking records," said Louis Rogers, founder and chief executive officer of Capital Square.

Key Points: 
  • "2021 was a year of breaking records," said Louis Rogers, founder and chief executive officer of Capital Square.
  • "It was a year of record acquisitions, record dispositions, record fundraising, record hiring, record returns for investors and record profitability.
  • Capital Square's $800 million in equity raised in 2021 is a 123% increase over 2020.
  • As of year-end 2021, Capital Square has sponsored more than 110 investment offerings comprised of 125 individual properties for the firm's DSTs, qualified opportunity zone funds and REIT.

Cove Capital Investments Announces a Successful Return for Investors in a Debt-Free Delaware Statutory Trust Offering That Has Gone Full Cycle

Retrieved on: 
Monday, November 15, 2021

According to Dwight Kay, co-founder of Cove Capital Investments, the property, Tacoma Data Center DST, sold for $9,800,000 on behalf of a group of DST accredited investors.

Key Points: 
  • According to Dwight Kay, co-founder of Cove Capital Investments, the property, Tacoma Data Center DST, sold for $9,800,000 on behalf of a group of DST accredited investors.
  • As a result, investors in this DST offering were provided uninterrupted monthly distributions throughout the entire hold period and throughout the COVID-19 pandemic.
  • According to Cove Capital Investments co-founder Chay Lapin, the Cove Debt Free Tacoma Data Center DST was acquired in December 2018 for a total DST offering cost of $8,398,000.
  • Cove Capital Investments LLC creates 1031 exchange DST investments and private equity real estate offerings for accredited investors.

Kay Properties & Investments Helps Stock Market Investor Complete Multiple Qualified Opportunity Zone Fund Transactions Before Peak Tax Advantages of Investment Strategy Expire at the End of the Year

Retrieved on: 
Monday, November 15, 2021

This particular investor did really well in the stock market but wanted to add diversification to his overall portfolio.

Key Points: 
  • This particular investor did really well in the stock market but wanted to add diversification to his overall portfolio.
  • Kay Properties helped him identify different Qualified Opportunity Zone projects that contained multiple properties distributed across many different geographic regions, multiple asset types, and with a diverse tenant mix, said Friant.
  • According to the Internal Revenue Service, Qualified Opportunity Zones were created by the United States Congress as part of the Tax Cuts and Jobs Act of 2017.
  • The purpose of the program was to encourage long-term investments in low-income communities across the United States.

Kay Properties Team of Delaware Statutory Trust 1031 Exchange Experts Tap Industry Contacts and Extensive Property Menu to Help Partnership Successfully Complete $23 Million DST Investment

Retrieved on: 
Wednesday, November 3, 2021

The partnership relied heavily on Kay Properties unique fully-integrated DST real estate investment platform that provides clients information on the potential benefits and risks of DST 1031 investments, guidance in navigating the nuances and deadlines of DST 1031 exchanges, and a broad DST property menu.

Key Points: 
  • The partnership relied heavily on Kay Properties unique fully-integrated DST real estate investment platform that provides clients information on the potential benefits and risks of DST 1031 investments, guidance in navigating the nuances and deadlines of DST 1031 exchanges, and a broad DST property menu.
  • Our role was strictly limited to advising them on their DST 1031 business plan, and assisting them in identifying viable 1031 exchange options, said Chay Lapin, President of Kay Properties & Investments, and recognized expert in DST 1031 exchanges.
  • The DST structure allows investors to defer capital gains taxes via a 1031 exchange, qualifying as like-kind property under IRC Revenue Ruling 2004-86.
  • Kay Properties is a truly specialized firm that deals with nothing but DST 1031 investment and real estate strategies.