Deferred, a nationwide qualified intermediary for 1031 exchanges, now offers investors up to 3.10 percent annual percentage yield (APY), which the company says is the highest published rate in the industry, alongside no-fee forward exchanges.
The 3.10 percent APY tier applies to the entire exchange balance when exchange proceeds total $25 million or more. Deferred charges no setup, wire or administrative fees for forward exchanges, and clients earn interest when exchange proceeds total $1 million or more. Investors can view the complete rate schedule and estimate earnings at deferred.com/pricing.
The new tier expands Deferred’s interest-sharing program, which returns interest earned on exchange funds to clients while they complete their exchange.
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