1031 Crowdfunding Announces Exclusive Senior Housing DST
LAKE FOREST, Calif., January 11, 2019 (Newswire.com) - 1031 Crowdfunding, LLC announced today that on January 7, 2019, through its affiliate 1031 CF Properties, LLC, it is now offering a new exclusive Delaware Statutory Trust on its platform. Bandon Pacific View DST is a 99-bed assisted living/memory care facility in Bandon, Oregon.
The DST is an all-cash offering and provides a targeted annual cash-on-cash return of 6.0%.
"We are proud to offer exclusive senior housing DSTs, we believe it will continue to be a favorable asset class due to impressive demographic fundamentals," said Edward Fernandez, Founder and Chief Executive Officer of 1031 Crowdfunding.
The 84-unit, 72,430 square foot facility will be operated by Seasons Management, LLC ("Seasons"). They have operated the facility since 2013 with a 92 percent average occupancy. The principals of Seasons have participated in the financing, development, construction, and operation of over 200 properties during their careers in the senior housing industry.
For more information on Bandon Pacific View DST, visit www.1031Crowdfunding.com or call (844) 533-1031
About 1031 Crowdfunding, LLC
1031 Crowdfunding, LLC is an online marketplace where real estate investors can find, view, and purchase a variety of available, turn-key, investment-grade properties. We present investors with 1031 exchange-qualified properties through Delaware Statutory Trusts (DSTs) to ensure every 1031 exchange investor has the opportunity to complete a successful exchange. Contact an experienced representative at 1031 Crowdfunding for further information about for your investing needs.
This material does not constitute an offer to sell or a solicitation of an offer to buy any security. An offer can only be made by a prospectus that contains more complete information on risks, management fees and other expenses. A copy of a prospectus must be made available to you in connection with any offering and should read carefully prior to investing. There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) and 1031 Exchange properties. These include, but are not limited to, tenant vacancies; declining market values; potential loss of entire investment principal; that past performance is not a guarantee of future results; that potential cash flow, potential returns, and potential appreciation are not guaranteed in any way; adverse tax consequences and that real estate is typically an illiquid investment. IRC Section 1031, IRC Section 1033, and IRC Section 721 are complex tax codes; therefore, you should consult your tax and legal professional for details regarding your situation.
1031Crowdfunding.com is an investment platform owned by 1031 Crowdfunding, LLC. 1031 Crowdfunding is not a registered broker-dealer. Securities are offered through Capulent, LLC, a registered broker-dealer and member FINRA/SIPC (CRD# 155155). Certain principals of 1031 Crowdfunding are affiliated with Capulent, LLC and when offering investment services such offers are made in their capacities as registered representatives of Capulent, LLC.
Media Contact:
Tom R
Phone: 844-533-1031
Email: [email protected]
Source: 1031 Crowdfunding LLC
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Tags: 1031 Crowdfunding, 1031 Exchanges, Delaware Statutory Trusts, DST, Memory Care, Real Estate Investment, Senior Housing