UPREITs & 721 Exchanges
Maximize flexibility and liquidity while deferring taxes through UPREIT structures and 721 exchanges with institutional real estate investment trusts.
What is a UPREIT Structure?
An Umbrella Partnership Real Estate Investment Trust (UPREIT) allows property owners to contribute real estate to a REIT in exchange for operating partnership units, providing tax deferral and liquidity options.
Key Features
- Defer capital gains taxes on property contribution
- Receive operating partnership units equivalent to REIT shares
- Option to convert units to publicly traded REIT shares
- Maintain real estate exposure with professional management
721 Exchange Benefits
UPREIT & 721 Exchange Advantages
These structures provide unique benefits for property owners seeking tax efficiency and portfolio optimization.
Tax Deferral
Defer capital gains taxes while maintaining real estate exposure
Liquidity Options
Convert to publicly traded REIT shares for enhanced liquidity
Professional Management
Institutional-grade property management and oversight
Diversification
Access to diversified portfolio of institutional properties
The 721 Exchange Process
Our structured approach ensures a smooth transition from direct property ownership to UPREIT participation.
Property Evaluation
REIT evaluates your property for inclusion in their portfolio
Structure Agreement
Negotiate terms and structure the 721 exchange transaction
Contribution
Contribute property to the REIT in exchange for operating partnership units
Ongoing Benefits
Receive distributions and maintain option to convert to REIT shares
721 Exchange vs. Traditional 1031 Exchange
721 Exchange
- No time constraints (45/180 day rules)
- Enhanced liquidity through REIT conversion
- Professional institutional management
- Diversified portfolio exposure
Traditional 1031
- Strict 45/180 day timeline requirements
- Limited liquidity in replacement property
- Direct property management responsibilities
- Concentration in single property/market
Current Offerings
Explore our featured investment opportunities with attractive returns and prime locations.
Starbucks 10 year corporate guaranteed lease
6.15% CAP - $2.4M
DeRidder, LA
Inline Center
6.00% CAP - $5.7M
Princeton, TX
Whole Foods Grocery
5.00% CAP - $75.7M
Pasadena, CA
Explore UPREIT & 721 Exchange Options
Discover how UPREIT structures and 721 exchanges can provide tax deferral, liquidity, and professional management for your real estate portfolio.