Success Story: Seller Representation for Multi-Tenant Retail Center 1031-Exchange
Twin Lake Shops LLC was looking to liquidate its Twin Lakes Shopping Center asset to seek a more passive investment opportunity. They enlisted the help of Kyle Sterling and Nick Bierly to help market the property. The seller’s goal was to invest their profits into a passive 1031-Exchange through a Delaware Statutory Trust (DST). Most DST programs are sponsored by national real estate companies and are offered through securities broker/dealers. DST passive investments are great for owners heading into retirement that hold highly appreciated real estate assets, making Twin Lake Shops LLC an ideal candidate.
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