As the days grow shorter and the nights longer, Americans will bid farewell to Daylight Saving Time on November 3, 2024. Get ready to ‘fall back’ by an hour, adjust your clocks, and prepare for the shift towards earlier sunsets and the arrival of winter. This article explains the ins and outs of the time change, its history, and the potential future of Daylight Saving Time.
Peachtree Group, a leading commercial real estate investment firm, has acquired its fifth hotel property structured as a Delaware Statutory Trust (DST). The latest addition is the Residence Inn Tampa Wesley Chapel, located in a rapidly growing area near Tampa, Florida. This acquisition follows Peachtree’s successful track record of investing in high-growth markets and recognized hotel brands, offering investors a unique opportunity to participate in the thriving hotel sector.
Kay Properties & Investments, a leader in Delaware Statutory Trust (DST) equity placements and 1031 exchange investor education, has released a new magazine, the ‘1031 DST Digest,’ designed to provide comprehensive information about the 1031 Exchange process and DST investment opportunities. The magazine covers a variety of topics, including strategies for using the 721 exchange as an exit strategy, the benefits of anchor and buoy DST investing, and a case study illustrating how Kay Properties helped an investor close on 15 DSTs in 30 days.
While direct exchange into a REIT disqualifies tax deferral, UPREITs (721 exchanges) and Delaware statutory trusts (DSTs) provide alternative vehicles that allow investors to delay tax obligations while investing in institutional-quality real estate assets. UPREITs offer scalability and professional management access, while DSTs provide more tailored exposure and direct ownership of tangible assets. Both structures enable fractionalized sale, lower investment minimums, and property management simplicity, making them attractive options for 1031 exchanges and managing legacy investment capital gains.
