8A — July 28 - August 10, 2017 — Shopping Centers — M id A tlantic Real Estate Journal
S hopping C enters KAY PROPERTIES AND INVESTMENTS ANNOUNCES THE COMPLETION OF THE SHANNON OAKS DST
Los Angeles, CA and Cary, NC _ Press Release
Kay Properties and Investments has successfully completed 100% of the $8,500,000 - 506c equity raise for the Shannon Oaks DST property located in Cary NC.
The Shannon Oaks DST was structured as an ALL-CASH/DEBT-FREE DST in an effort to potentially protect investors from lender foreclosure, refinancing risk,
Shannon Oaks is a 56,571 sq ft two-story class A office building well located in Cary, NC.
1031 debt replacement risk and other potential risks found in leveraged properties.
The property was exclusively available to clients of Kay Properties and Investments, LLC seeking to COMPLETE A 1031 EXCHANGE as well as make a DIRECT CASH INVESTMENT.
the founder and CEO of Kay Properties and Investments commented: DWIGHT KAY
“We believe Cary to be an ideal market to invest in due to its location just minutes from downtown Raleigh, the Research Triangle Park (RTP) and RDU International Airport.”
Mr. Kay continued: “With the overall vacancy rate for office product in Cary, NC at a low6.4% as of 4thquarter 2015we are extremely comfortable with owning an all-cash/debt-free DST property in this dynamic market for the long term. Past performance is not a guarantee of future results. All real estate and DST properties contain various risks, including but not limited to, potential loss of principal invested, that cash flows/appreciation/returns are not guaranteed and could be lower than anticipated and adverse tax consequences.
Along with multiple large and small 1031 exchange and direct cash investors purchasing an interest in the Shannon Oaks DST we are also proud to announce that multiple Kay Properties teammembers also personally invested in the property.”
ABOUT KAY PROPERTIES AND INVESTMENTS, LLC
Kay Properties and Investments, LLC was founded by Dwight Kay to offer solutions to 1031 Exchange clients throughout the country.
Kay Properties and Investments, LLC has multiple teammembers that are licensed to sell securities in all 50 states, Washington D.C. and the U.S. Virgin Islands
Offerin g DST Advisory Services to 1031 Exchange Clients and working with manymajor DST sponsor companies throughout the country
Better Business Bureau A+ Accredited Business
We have participated in over $7 Billion dollars worth of DST properties
Always Available to Help Our Clients- Weekends, Holidays and Whenever You Need Us
Offering client exclusive DST properties solely available to Kay Properties clients
Specialists in the Delaware Statutory Trust (DST) 1031 Exchange Marketplace
Headquartered in Los Angeles, CA with offices in NewYork, NY and Washington, DC
Jason Salmon - Senior Vice President and Managing Director of Real Estate Analytics Office: (855) 466-5927 Cell: (917)-837-1492 Email: Jason@kpi1031.com
Betty Friant, CCIM – Senior Vice President Office: (202)-552-6627 Cell: (540)-550-1784 Email: Betty@kpi1031.com
Chay Lapin - Vice President Office: (855) 466-5927 Cell: (562) 882-7617 Email: Chay@kpi1031.com
Dwight Kay - Founder Office: (855) 466-5927 Cell: (310) 404-7297 Email: Dwight@kpi1031.com
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 be aware that this material cannot and does not replace the
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