LOS ANGELES and RALEIGH, N.C., March 09, 2016 (GLOBE NEWSWIRE) -- Kay Properties and Investments, LLC has successfully completed the equity raise of another DST 1031 exchange property in Raleigh, NC. The property is 100% occupied by Raleigh Pediatrics, which is one of Raleigh’s oldest and most respected pediatric medical practices.
The property was made available exclusively to accredited clients of Kay Properties and Investments, LLC seeking to complete a 1031 exchange as well as those wanting to make direct cash investments.
Dwight Kay, Founder and CEO of Kay Properties and Investments, LLC commented “This was believed by many to be a record breaking equity raise for the DST space in that the offering fully subscribed within just days of coming to market.”
Chay Lapin, Senior Vice President, continued “Raleigh Pediatrics is a 100% occupied net lease medical building providing for our clients an opportunity for potential rental income from a long term lease with built in rental escalators.”
About Kay Properties and Investments, LLC
Kay Properties & Investments, LLC is a DST brokerage and advisory firm providing DST 1031 exchange replacement properties to accredited investors. Registered Representatives at Kay Properties and Investments, LLC are licensed in all 50 states, Washington D.C and the US Virgin Islands. For more information or to view our current property list please visit http://www.kpi1031.com.
Risks and Disclosures:
Delaware Statutory Trust (DST) Properties are for accredited investors (a net worth of greater than 1 million dollars – exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor or an accredited entity, please do speak with your CPA and Attorney for verification prior to considering an investment or exchange. There are material risks associated with the ownership of real estate and DST properties, including but not limited to, tenant vacancies, loss of entire principal amount invested, and that distributions, potential cash flows, returns, and appreciation are not guaranteed. There are no assurances that diversification will produce profits or guarantees against loss. This material does not constitute tax or legal advice. All investors should speak with their own tax and legal advisors before considering any real estate investments.
Securities products offered through Colorado Financial Service Corporation, member FINRA/SIPC. Kay Properties and Investments, LLC is independent of Colorado Financial Service Corporation. All information provided is for educational purposes only. The material contained in this invitation does not constitute an offer to sell and is not an offer to buy real estate, DST properties or securities. Such offers are made only by a sponsor’s memorandum, which is always controlling and available to accredited investors and accredited entities only. There are material risks associated with the ownership of real estate and DST properties, including but not limited to, tenant vacancies, loss of entire principal amount invested, and that potential cash flows, returns, and appreciation are not guaranteed.