What you need to know to 1031 into a Multifamily Syndication
During This Live Webinar, You Will Learn
What is the PURPOSE of a 1031 Exchange?
What is TIC?
What happens to my 1031 at Refinance or Sale?
As part of a TIC – Am I a Passive or Active Investor in the Syndication?
What if I have to bring in additional Debt to meet my full 1031 obligation?
Is This Training For You?
Interested in doing a 1031 exchange into one of Grocapitus Projects – but not really sure what that means? Join us online as our guest presenter (and our lawyer for Coyote Creek Apts Project) Dugan Kelley of Kelley Clarke, PLLC, explains how to do a 1031 Exchange into a Multifamily Syndication.
Watch as he explains in depth what a TIC structure is and how it relates to the LLC structure of a syndication.
And there will be plenty of time to have your questions answered at the end!
ABOUT Your PResenterS
Kelley Clarke, PLLC
Dugan P. Kelley is the co-founder of the law firm Kelley Clarke, PLLC and chair’s the firm’s real estate practice group. With offices in California and Texas, Kelley Clarke has a national footprint and currently represents clients throughout the United States. Mr. Kelley assists clients in all phases of multi-family, commercial, and residential acquisitions or sales. Mr. Kelley’s real estate expertise includes transactional services for his clients ranging from from commercial loan closings, real estate private equity capital raises, joint venture agreements, commercial leasing, business acquisitions, and general commercial real estate services for multi-family syndicators, investors, and developers. He has structured deals in excess of $1 billion. He is a passive investor as well as owner in a number of asset classifications in the real estate space. He also previously sold real estate as a licensed realtor. Mr. Kelley has represented real-estate clients in loan workouts or uniquely structured transactions. Mr. Kelley is a frequent lecturer, speaker, and author of a best selling book Purpose, Passion & Profit. He currently represents a number of companies and family businesses in providing advice and counsel in the capacity as outside general counsel.
In addition, for several years, Mr. Kelley was an adjunct law professor teaching fundamental legal skills, legal research and writing, and moot court to law students in the Orange County area. From 2008 through 2016, Mr. Kelley has been selected as a “Super Lawyer Rising Star,” with only 2.5% of attorneys recognized as the best attorneys in the country. Mr. Kelley routinely acts as a mediator for other attorneys or as settlement counsel for complex litigation matters that require a unique solution.
Anna Myers serves as Vice President at Grocapitus, a commercial real estate investment company in the San Francisco Bay Area. Anna is a modern entrepreneur who applies her 20+ years of experience in technology and business to the finding, analyzing and acquiring of Commercial properties in key markets across the U.S. Together with her business partner Neal Bawa, they approach real estate as data scientists to create compelling profits for 400+ investors.
As the lead underwriter for the company, Anna also teaches deal analysis for MultifamilyU both monthly via webinars as well as quarterly in MultifamilyU Boot Camps. MultifamilyU is an apartment investing education company owned by the principal Neal Bawa. Nearly 5,000 students attend his multifamily seminar series each year and hundreds attend his Magic of Multifamily boot camps, which Anna is a co-host for many of the events.
Anna Myers also co-hosts a Real Estate Investor Meetup in the Bay Area with over 800 members. In addition, she is an AirBnB Superhost in two markets in the US. Related to Syndication, Anna and Neal have partnered together to purchase over 750+units of apartment projects in the last 8 months