Kay Properties Successfully Completes Another Delaware Statutory Trust (DST) 1031 Exchange Investment in Tampa, FL

Los Angeles, CA and Tampa, FL

Kay Properties has successfully completed the Tampa IBC 2 DST in Tampa, FL. This DST property was made available to accredited investors under Regulation D Rule 506c and had a total equity raise of $35,600,000.

The Tampa IBC 2 DST is a 100% occupied, long-term leased property in Tampa, FL. The asset is centrally located with easy access to highways, close to Tampa International Airport, quality residential neighborhoods and dense retail amenities.

Dwight Kay, Founder and CEO of Kay Properties noted, “Another fully subscribed, well located, debt free DST available via the Kay Properties platform to accredited investors.”

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*(Accredited investors are defined under SEC Rule 506 of Regulation D. Generally, an investor is deemed accredited if their net worth is greater than $1,000,000 exclusive of their primary residence and/or their annual income exceeds $200,000 for the current and past two years. View this applicable SEC bulletin).
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