Capital Square originally acquired the property in 2018 for $21.5 million as sponsor of the DST/Section 1031 exchange program. As a result of the $27.25 million UPREIT transaction, the DST owners ...
UPREIT transactions (where 'UPREIT' means 'umbrella partnership real estate investment trust') provide a tax deferred exit strategy for owners of real estate who might otherwise recognize a ...
JLL Income Property Trust has completed eleven 721 UPREIT transactions totaling more than $800 million to date. For more information on JLL Income Property Trust, please visit our website at ...