1031 Exchange

1031 Exchange Local Multifamily into Local Multifamily 4670-88 DAWES ST. 92109 – 5 UNITS (DOWN-LEG)INTO 2055 DIAMOND ST. 92109 – 8 UNITS (UP-LEG) In Q4 of 2009, Palma Commercial secured the assignment to market and sell the 5-unit property 4670-88 Dawes...

1031 Exchange

1031 Exchange Local Multifamily into Out of State Multifamily 4973 NARRAGANSETT AVE. 92107 – 4 UNITS (DOWN-LEG) INTO 1707 (ET AL.) METZLER PL. COLORADO SPRINGS, CO 80905 – 16 UNITS (UP-LEG) In Q1 of 2019, Palma Commercial secured the assignment to market...

1031 Exchange

1031 Exchange Multifamily into Triple Net Leased (“NNN”) Investment(s) 151 S. MYERS ST. 92054 (DOWN-LEG)INTO OUT OF STATE NNN INVESTMENT(S) (UP-LEG) In Q1 of 2013, a longtime owner/operator of a well-located 12 unit apartment property near downtown Oceanside, and one...

1031 Exchange

1031 Exchange Multifamily into a Delaware Statutory Trust (“DST”) 842 REED AVE. 92109 – 8 UNITS (DOWN-LEG)INTO A DELAWARE STATUTORY TRUST (DST) (UP-LEG)In Q1 of 2020, a longtime owner/operator of an eight unit multifamily property (Down-Leg/Relinquished...

Cash Out – Sale

Cash Out – Sale Wait to receive stepped up basis then cash out/sell 734 JAMAICA CT. 92109 (8 UNITS) SALE AND REPOSITIONING OF EQUITY INTO A CHARITABLE GIFT ANNUITY In Q1 of 2020, Palma Commercial secured the assignment to market and sell an 8-unit apartment...