1031 Exchanges and Net Lease Investment Acquisitions – Representative Transactions

Structured on behalf of New York based real estate family the 1031 exchange of $75,000,000 of two unencumbered Manhattan retail and multifamily real estate assets into a $150,000,000 portfolio of net leased assets leased to national tenants located in 8 States.

Represented real estate investor in the exchange of $28,000,0000 portfolio of 4 industrial buildings in Bronx County, New York into a $34,000,000 big box retail building leased to a single tenant.  

Represented real estate family in the exchange of a $39,000,000 portfolio of multifamily buildings in upper Manhattan into portfolio of residential townhouses located on Florida’s west coast.

Represented New York based real estate family in the $45,000,000 exchange of a parking garage location in Times Square section of Manhattan into a portfolio of “zero coupon” Walgreens pharmacies.

Represented splintered New York real estate family owning multifamily assets in excess of $100,000,000 in connection with the conversion of limited liability companies to tenancies in common to facilitate separate 1031 exchange acquisitions.

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