LOS ANGELES and DALLAS, Nov. 17, 2016 (GLOBE NEWSWIRE) -- Kay Properties and Investments has successfully completed 100% of the 506c equity raise for the Dallas MOB DST property located in Dallas, TX.
The Dallas MOB DST is a single-story medical office building located just one-half mile from Baylor University Medical Center.
The DST was exclusively available to 1031 exchange and direct cash investor clients of Kay Properties and Investments, LLC.
Dwight Kay, the founder and CEO of Kay Properties and Investments commented: “We believe Dallas to be an ideal market to invest in due to its strong projected job and population growth. We also believe that the medical office asset class is poised to potentially perform well due to monumental demographic shifts in the United States. Owning a well-located medical office property in Dallas, TX subject to a long term triple net (NNN) lease is an investment that we are extremely comfortable with.”
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 303-962-7267.
Specialists in the Delaware Statutory Trust (DST) 1031 Exchange Marketplace.
Offering DST 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.
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
Email: Dwight@kpi1031.com
Chay Lapin - Vice President
Office: (855) 466-5927
Cell: (562) 882-7617
Email: Chay@kpi1031.com
Jason Salmon - Senior Vice
President and Managing Director
of Real Estate Analytics
Office: (855) 466-5927
Cell: (917)-837-1492
Email: Jason@kpi1031.com
Betty Friant, CCIM – Senior
Vice President
Office: (202)-552-6627
Cell: (540)-550-1784
Email: 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.