1031 Exchange: Take the DST or TIC Route for Multifamily in a Post-Covid World?
Property sellers seeking a 1031 Exchange should be enticed to enter into a Multifamily TIC structure primarily due to the added inherent rights that come along with the structure and the historically safe returns
Addressing New Challenges in the COVID-19 Era
Leaders in real estate have started to address the impact of the virus on their existing assets and future transactions, explains Marc Hershberg and Jared Isaac of Topaz Capital.
Multifamily Real Estate Investments Remain Resilient Despite Market Uncertainty Impact of COVID-19 Crisis
While the COVID-19 crisis may indeed impact all sectors, the goal is to mitigate the risks of wealth loss. We all have learned that investing your hard earned money wisely is increasingly important in today’s ever-changing market. There is no doubt that our financial and global markets will be impacted, and the fear of a recession is no longer one of speculation but a reality.
Three Jacksonville apartment communities sold for a total of more than $153.5 million
Mission Springs Apartments near Ortega sold June 13 for $35.15 million. The 72 building, 444-unit community is at 5121 Catoma St. and 5327 Timuquana Road. The buyer is Texas-based Lynd Opportunity Partners through Mission Springs JV Owner 2019 LLC. The deal is a joint venture with New York City-based Topaz Capital, a private equity firm.