LOS ANGELES and SAN DIEGO, Jan. 11, 2018 (GLOBE NEWSWIRE) -- Kay Properties and Investments, LLC has opened a San Diego office in La Jolla, CA and has brought on Steve Haskell as Vice President to deliver 1031 exchange DST replacement property services for our San Diego clients.
“Although San Diego is just a short drive from our Los Angeles Headquarters in Redondo Beach, we are excited to have a local presence for our many 1031 exchange clients living in San Diego County. We have had clients located in San Diego County for many years and we believe our new La Jolla location will be a tremendous resource to both existing and future clients,” stated Dwight Kay, the founder and CEO of Kay Properties and Investments.
Mr. Kay added, “Steve comes to Kay Properties and Investments after serving for seven years as an officer in the United States Air Force in the special operations community where he led small teams as well as a large staff of hundreds of military and civilian personnel. He has served in numerous locations around the world, including multiple deployments to Afghanistan and locations throughout Africa.
Steve has already proven to be a tremendous resource to many of Kay Properties longtime clients and team members. We are excited to have Steve managing Kay Properties San Diego and look forward to many years of his guidance and expertise for our 1031 exchange clients.
The addition of our San Diego office marks another milestone for Kay Properties. Our Los Angeles Headquarters, New York City, Washington DC and now San Diego offices each truly differentiate us as we seek to provide access to 1031 exchange opportunities for our clients.”
Steve Haskell, Vice President commented, “I am grateful for the opportunity to return with my family to our home town and join a team with an outstanding reputation of excellence and integrity.”
About Kay Properties and Investments, LLC
Kay Properties and Investments, LLC is a national Delaware Statutory Trust (DST) investment firm with offices in LA, NY and DC. Kay Properties team members collectively have over 94 years of real estate experience, are licensed in all 50 states, and have participated in over $7 Billion of DST real estate.
Our clients have the ability to participate in private, often exclusively available, off-market DST properties as well as those presented to the wider DST marketplace; with the exception of those that fail our due-diligence process.
Kay Properties’ team members work with 1031 clients to find out what types of DST properties and strategies may work best for them. Just because a DST offering is believed to be a good offering, does not mean it is right for a particular client’s specific situation. Being able to help investors decipher which DST offerings make the most sense for them is a large part of what has caused Kay Properties to grow exponentially over the years. One of the advantages of working with Kay Properties is that we work closely with many of the established DST sponsor companies in the industry, which gives our clients an opportunity to invest in a diversified DST portfolio.
Contact Information:
www.kpi1031.com
info@kpi1031.com
1(855) 466-5927
This material does not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made 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, WealthForge Securities, LLC 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 risks include, but are not limited to, tenant vacancies, declining market values, and potential loss of entire investment principal.
Past performance is not a guarantee of future results: potential cash flow, potential returns, and potential appreciation are not guaranteed in any way and adverse tax consequences may come into effect. 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.
IRC Section 1031, IRC Section 1033, and IRC Section 721 are complex tax codes; therefore, you should consult your tax and legal professionals for details regarding your situation.
Securities are offered through registered representatives of WealthForge Securities, LLC, Member FINRA / SIPC. Kay Properties and Investments, LLC and WealthForge Securities, LLC are separate entities. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over 1 million dollars exclusive 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.