Latest news with #DwightKay
Business Wire
4 days ago
- Business
- Business Wire
Kay Properties Presents the Importance of Diversification to Over 150 Investors During Annual Kay Investor Day
LOS ANGELES--(BUSINESS WIRE)--Dwight Kay, Founder and CEO of Kay Properties & Investments, recently addressed over 150 accredited investors, emphasizing the critical importance of having access to a broad range of Delaware Statutory Trust (DST) and 721 UPREIT offerings. Kay outlined the value of diversification and the need for investors to explore multiple exchange opportunities to make informed decisions during this year's Kay Investor Day investor conference. 'We believe it is essential for investors to have access to a variety of options and our proprietary DST and 721 UPREIT due diligence when considering any 1031 exchange DST or 721 UPREIT offering,' said Dwight Kay. 'Being able to compare different sponsors, evaluate track records, and review the potential benefits and risks of various offerings is key to making sound investment choices.' This belief led to the creation of the Kay Properties online marketplace, a platform designed to connect accredited investors with more than 40 DST and 721 UPREIT real estate investment opportunities from more than 25 DST and REIT sponsor companies. This industry leading platform allows investors to evaluate options in one centralized location while also providing investors access to proprietary due diligence materials, including Private Placement Memorandums (PPMs), appraisals, environmental reports, sponsor track records, model stress tests, and more. 'The success of our platform is due to the transparency it offers,' noted Dwight Kay. 'Investors can access detailed reports and make comparisons across a variety of offerings to help them make the right decisions.' The Kay Properties marketplace has been incredibly successful at helping investors complete more than 9,000 individual DST and 721 UPREIT transactions. A big part of the online marketplace's success stems from the platform's ease of use and effectiveness at helping investors from across the nation gain easy access to a wide range of real estate investments. The platform allows users to review business plans, debt structures, and sponsor company histories, offering a comprehensive view of the market. As one of the Delaware Statutory Trust national experts, Kay's presentation drew wide investor engagement, with attendees traveling from across the country to actively participate in the day's events and presentations. Kay shared insights from his nearly two-decade career in the DST and UPREIT space, recalling his early days as an analyst where he recognized a gap in the market. Many investors were relying on financial advisors with limited real estate experience to guide them through 1031 exchanges, often with only one option being presented. 'We wanted to change that,' continued Kay. 'Investors need to have access to a wide range of choices, and our platform allows them to see what's available, both on and off-market, and evaluate options that potentially match their investment goals and risk tolerance.' Kay further discussed the ongoing efforts of his internal due diligence team, which reviews and evaluates DST and 721 UPREIT offerings before they are presented to investors via the Kay Properties online marketplace. This detailed due diligence process helps investors understand the potential benefits as well as the potential risks of DST and 721 UPREITs, enhancing their ability to make informed decisions. 'We've built a process that focuses on the potential benefits but also on educating investors about the risks involved. Transparency and education are essential for helping investors navigate this complex space,' said Kay. The discussion concluded with a reminder to attendees that all real estate investments, including DST and 721 UPREIT offerings, come with inherent risks. He encouraged investors to thoroughly read the PPMs, to consider the risks before committing to any investment, as well as to have their CPA and attorneys provide them with guidance regarding all tax, legal, and investment decisions. Kay Properties helps investors choose 1031 exchange investments that help them focus on what they truly love in life, whether that be their children, grandkids, other businesses, travel and hobbies (NO MORE 3 T's! Tenants, Toilets and Trash). We have helped 1031 exchange investors for nearly two decades exchange into over 9,100 - 1031 exchange investments. Please visit for access to our team's experience, educational library and our full 1031 exchange investment menu. Due diligence is an essential part of evaluating any investment, but it does not guarantee success or prevent losses. All investments carry inherent risks, and past performance cannot predict future results. This material is not tax or legal advice. Please consult your CPA/attorney for guidance. Past performance does not guarantee or indicate the likelihood of future results. Diversification does not guarantee returns and does not protect against loss. Potential cash flow, potential returns and potential appreciation are not guaranteed. There is a risk of loss of the entire investment principal. Please read the Private Placement Memorandum (PPM) for the offerings business plan and risk factors before investing. Securities are offered through FNEX Capital LLC, member FINRA, SIPC. For more information, please visit the Kay Properties and Investments website
Yahoo
20-05-2025
- Business
- Yahoo
Dwight Kay and Chay Lapin, Co-Founders of Cove Capital Investments, LLC Announce the DST Sponsor Firm Has Acquired a Essential Net Lease Industrial Facility in a 100% Debt-Free Transaction for Its New Cove Essential Net Lease Industrial 87 DST Offering
Cove Capital Investments, LLC ("Cove Capital") announced it has completed the formation of its Cove Essential Net Lease Industrial 87 DST offering that highlights a strategically located distribution facility located in Arizona and 100% occupied by a best-in class operator. LOS ANGELES, May 20, 2025 /PRNewswire/ -- Cove Capital Investments, LLC, a Delaware Statutory Trust sponsor company that specializes in providing accredited investors access to debt-free options for their 1031 exchange and direct cash investments, announced it has recently completed the acquisition of a strategically located distribution center connecting the major markets of Tucson, Phoenix, and El Paso. The acquisition will establish the Essential Net Lease Industrial 87 DST, a Regulation D, Rule 506(c) offering that aims to raise $5,883,299 in equity. According to Dwight Kay, Managing Member and Co-Founder of Cove Capital Investments, the Cove Essential Net Lease Industrial 87 DST offering is unique in that it provides investors an opportunity to invest in a significant industrial distribution center located just feet from U.S. Highway 90, the primary thoroughfare that connects this part of Arizona to Interstate 10. "This large essential industrial asset is interesting for a number of reasons. First, the location is ideal for our tenant who is a leading player in the global logistics industry. Second, the tenant recently showed commitment to continued operations at this location for the foreseeable future. Third, this Essential Net Lease Industrial 87 DST offering is a fully debt-free investment that was created with the purposeful investment strategy of mitigating common risks associated with real estate debt, such as mortgage foreclosure, cash flow sweep clauses, and go-dark provisions," explained Kay. In addition, Chay Lapin, Managing Member and Co-Founder of Cove Capital Investments also emphasized that this offering has the potential for a 721 Exchange rollup as a potential exit strategy. "Another important aspect of the Cove Essential Net Lease Industrial 87 is that it provides investors the possibility of using the 721 Exchange rollup as a fully optional exit strategy. Instead of signing up today in a forced 721 UPREIT DST, our investors are going to be given the option to participate in a future potential 721 UPREIT or not – at their discretion. This means that at the time of any potential future 721 UPREIT transaction, our investors will be able to analyze the final destination REIT by examining key areas such as: REIT debt levels, dividend coverage ratios, the use of floating rate debt, does the REIT offer 721 investors a Tax Protection Agreement (TPA), if so how long is it for? And other key components investors must consider prior to participating in a 721 exchange", said Lapin. About Cove Capital Investments Cove Capital Investments is a Delaware Statutory Trust sponsor company that operates a portfolio of over 2.5 million square feet of real estate in 33 states nationwide. Over 2,000 investors have trusted Cove Capital with their 1031 exchange and investment dollars, many of them being repeat investors in multiple DST offerings over the years. Our offerings are attractive to those investors seeking to lower risk potential as the majority of Cove Capital's DST offerings are debt free (no mortgage - no lender foreclosure risk). To sign up for a list of the current Cove Capital offerings available for 1031 exchange and direct investments please visit For further information, please visit or contact Cove Capital at (877) 899-1315 and via email at info@ *Past performance is no guarantee of future results. *Diversification does not guarantee profits or protect against losses. *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 read the entire Memorandum paying special attention to the risk section prior to investing. This material contains information that has been obtained from sources believed to be reliable. However, Cove Capital Investments, LLC does not guarantee the accuracy and validity of the information herein. Investors should perform their own investigations before considering any investment. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation. This material is not intended as tax or legal advice. There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed. For an investor to qualify for any type of investment, there are both financial requirements and suitability requirements that must match specific objectives, goals and risk tolerances. Securities offered through FNEX Capital, member FINRA, SIPC. View original content to download multimedia: SOURCE Cove Capital Investments Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
