We’ll explore both of these REIT-like options: the UPREIT (umbrella partnership real estate investment trust), also commonly known as the 721 exchange, and the Delaware statutory trust (DST ...
In a 721 exchange, the investor contributes their property to the umbrella partnership, also called the operating partnership (OP), of an UPREIT. In exchange for the property contribution ...
What does UPREIT stand for? An umbrella partnership real estate investment trust. Specifically, we will address two important ...