DST

Virtú Investments Launches VRX, a Unique and Tax-Efficient Real Estate Exchange Platform

Retrieved on: 
Tuesday, April 9, 2024

VRX is the latest innovation within Virtú’s legacy of creating tax-advantaged real estate strategies aligned with the needs of investors seeking optimized generational wealth planning, risk management, and estate planning.

Key Points: 
  • VRX is the latest innovation within Virtú’s legacy of creating tax-advantaged real estate strategies aligned with the needs of investors seeking optimized generational wealth planning, risk management, and estate planning.
  • Through VRX, real estate owners have the opportunity to sell and reinvest their proceeds through a more durable and advantageous structure than the traditional Delaware Statutory Trust (DST).
  • This process allows owners to actively invest in a multifamily property that will be managed by Virtú Investments, while also deferring taxes on the sale.
  • This unique “inside-the-fund” 1031 feature provides the fund the flexibility to perpetually adjust its portfolio in pursuit of investment alpha across markets and real estate cycles.

Dundee Corporation Holds the Line on Cost Reduction, Announces Fourth Quarter and Year-End Results

Retrieved on: 
Wednesday, March 27, 2024

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2023.

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2023.
  • Reported a net loss from portfolio investments for the fourth quarter of 2023 of $0.8 million (2022 – income of $39.9 million).
  • For the year ended December 31, 2023, the Corporation reported a net loss from portfolio investments of $23.0 million (2022 – income of $53.6 million).
  • Reported consolidated general and administrative expenses for the current quarter of $2.5 million (2022 – $7.1 million), representing a 65% year-over-year decline as Dundee sustains momentum with cost-cutting initiatives.

ExchangeRight Now Serving Over 8,000 Investors

Retrieved on: 
Tuesday, April 2, 2024

ExchangeRight is honored to have provided every ExchangeRight investor with monthly distributions that have met or exceeded initial projections from inception-to-date across all 93 of the company's past and current offerings.

Key Points: 
  • ExchangeRight is honored to have provided every ExchangeRight investor with monthly distributions that have met or exceeded initial projections from inception-to-date across all 93 of the company's past and current offerings.
  • The ExchangeRight team is deeply grateful to the representatives and advisors who have trusted the company to deliver attractive returns and strategic exits for their clients.
  • Joshua Ungerecht, a managing partner at ExchangeRight, added that this milestone is especially meaningful to ExchangeRight given its investor-centric focus.
  • We are honored to steward the trust of so many investors, advisors, and representatives who look to ExchangeRight to provide investments that target tax-deferral, capital preservation, stable income, and strategic exits."

Why Investors Love the Kay Properties Online Marketplace for DST Investment Opportunities

Retrieved on: 
Thursday, March 21, 2024

"We've helped thousands of DST investors find viable DST investment opportunities by utilizing our very robust online marketplace platform.

Key Points: 
  • "We've helped thousands of DST investors find viable DST investment opportunities by utilizing our very robust online marketplace platform.
  • Typically, investors can find 20-40 different DST investment opportunities available at any given time from more than 25 different sponsor companies," explained Dwight Kay, founder and CEO of Kay Properties, and architect of the online DST marketplace.
  • 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.
  • Finally, investors looking for DST investment opportunities can also access Kay Properties resource library of DST property information.

A paper showing that exposure to fragrance ingredients is extremely low wins coveted Society of Toxicology award

Retrieved on: 
Tuesday, March 19, 2024

SALT LAKE CITY, March 19, 2024 /PRNewswire/ -- A collaborative poster presentation on fragrance ingredient exposure by The Research Institute for Fragrance Materials, Inc. (RIFM.org) and scientific modeling and data analytics company Creme Global (cremeglobal.com) earned its presenters a prestigious Top Ten Presentation Award during the Risk Session of SOT's 63rd Annual Meeting and ToxExpo, held in Salt Lake City, Utah, March 10-14th, 2024. Some 300 abstracts were in the running.

Key Points: 
  • I'm proud of how expertly RIFM's scientists communicate our critical fragrance safety science to other scientists."
  • "And it was especially rewarding to receive the Risk Assessment Specialty Section Top Ten Abstract Award for our low-exposure paper."
  • The study authors compared the fragrance exposure of the highest-end product users to the internationally recognized Threshold of Toxicological Concern (TTC) and Dermal Sensitization Threshold (DST) to determine a realistic understanding of consumer exposure to fragrance.
  • "RIFM has set the gold standard in ingredient risk assessment, gathering and sharing real usage data."

Cove Capital Investments Buys a Business Park in Pearland, TX as Part of Its Debt Free Pearland Business Park Opportunity 76 Delaware Statutory Trust

Retrieved on: 
Thursday, March 14, 2024

LOS ANGELES, March 14, 2024 /PRNewswire/ -- Cove Capital Investments, LLC, a Delaware Statutory Trust sponsor company announced it has successfully completed an acquisition in Pearland, TX.

Key Points: 
  • LOS ANGELES, March 14, 2024 /PRNewswire/ -- Cove Capital Investments, LLC, a Delaware Statutory Trust sponsor company announced it has successfully completed an acquisition in Pearland, TX.
  • The purchase is the firm's Business Park Opportunity 76 DST, a Regulation D, Rule 506(c) offering that is targeting to raise $8,573,663.
  • Cove's Pearland Business Park Opportunity 76 DST seeks to raise capital from accredited investors with a minimum investment requirement of $25,000.
  • The Delaware Statutory Trust offering is available for accredited investors involved in 1031 exchanges, 1033 exchanges and direct cash participation.

Kay Properties Expands Its Team of Delaware Statutory Trust Specialists with the Appointment of Timothy Emanuel as Vice President

Retrieved on: 
Thursday, March 14, 2024

TORRANCE, Calif., March 14, 2024 /PRNewswire/ -- Kay Properties and Investments, which operates one of the nation's largest 1031 exchange property and real estate investment marketplaces, announced today it has strengthened its team of Delaware Statutory Trust specialists by appointing Timothy Emanuel as Vice President.

Key Points: 
  • TORRANCE, Calif., March 14, 2024 /PRNewswire/ -- Kay Properties and Investments, which operates one of the nation's largest 1031 exchange property and real estate investment marketplaces, announced today it has strengthened its team of Delaware Statutory Trust specialists by appointing Timothy Emanuel as Vice President.
  • Founded by CEO Dwight Kay, Kay Properties & Investments currently has over 2,270 accredited investors who have invested in over 9,100 DST investment assets nationwide.
  • We feel fortunate to include Timothy as a member of our team," said Dwight Kay, Founder and CEO of Kay Properties.
  • "Kay Properties has a tremendous reputation within the alternative real estate and 1031 exchange DST industries for their integrity and expertise.

Watch: ExchangeRight's Resilient Performance in 2023

Retrieved on: 
Tuesday, March 12, 2024

This stable track record is a reflection of how ExchangeRight continues to put investors first.

Key Points: 
  • This stable track record is a reflection of how ExchangeRight continues to put investors first.
  • Demand for ExchangeRight offerings remained strong, resulting in ExchangeRight growing its share of the 1031/DST market by over 20% in 2023 according to reports from Mountain Dell Consulting.
  • Investors subscribed 12 DST offerings representing more than $432 million in additional assets under management in 2023.
  • From 2018 to 2023, the company's net-leased portfolio distributions generated an average annual return of 6.19%.

Kay Properties & Investments Recognizes Matt McFarland, Senior Vice President for Raising $550 Million in Equity from Accredited Delaware Statutory Trust Real Estate Investors

Retrieved on: 
Tuesday, March 5, 2024

TORRANCE, Calif., March 5, 2024 /PRNewswire/ -- Kay Properties and Investments, which operates one of the nation's largest 1031 exchange property and real estate investment marketplaces, announced Matt McFarland, Senior Vice President has successfully raised more than $550 million in equity from accredited investors who invested in Delaware Statutory Trust real estate offerings and real estate funds.

Key Points: 
  • TORRANCE, Calif., March 5, 2024 /PRNewswire/ -- Kay Properties and Investments, which operates one of the nation's largest 1031 exchange property and real estate investment marketplaces, announced Matt McFarland, Senior Vice President has successfully raised more than $550 million in equity from accredited investors who invested in Delaware Statutory Trust real estate offerings and real estate funds.
  • Kay Properties currently has 2,271 investors who have invested in nearly 10,000 DST investment assets nationwide.
  • Joining Kay Properties early in the firm's history, McFarland started as an associate before being promoted Vice President and eventually Senior Vice President.
  • In addition to personally raising $550 million in equity from investors, he has also participated in more than 2,000 transactions that represent more than $15 billion worth of real estate.

Bluerock Value Exchange Launches $41 Million Diversified Industrial Portfolio III DST

Retrieved on: 
Monday, February 26, 2024

NEW YORK, Feb. 26, 2024 /PRNewswire/ -- Bluerock Value Exchange (BVEX), a long-time, national sponsor of 1031 exchange and Delaware Statutory Trust investment programs, announced the launch of its newest 1031 exchange/DST offering known as BR Diversified Industrial Portfolio III, DST (DIP III).

Key Points: 
  • NEW YORK, Feb. 26, 2024 /PRNewswire/ -- Bluerock Value Exchange (BVEX), a long-time, national sponsor of 1031 exchange and Delaware Statutory Trust investment programs, announced the launch of its newest 1031 exchange/DST offering known as BR Diversified Industrial Portfolio III, DST (DIP III).
  • DIP III represents BVEX's 36th individual DST program and is seeking to raise approximately $41 million from accredited investors.
  • BVEX believes DIP III represents an attractive investment opportunity in an already assembled diverse portfolio of industrial properties located in desirable high-growth sunbelt market locations.
  • "Bluerock has over $172 billion of direct and indirect investment experience in the industrial sector.