PREP Property Group, a national owner and operator of retail real estate, has announced the formation of PREP Exchange, an affiliate created to provide accredited investors with seamless 1031 exchange solutions through high-quality, fractional Delaware statutory trust (DST) investments.
PREP Exchange–sponsored products will enable qualified investors to defer capital gains taxes by exchanging appreciated real estate into institutional-grade, necessity-driven net leased retail properties managed by PREP's existing best-in-class operating platform. Each DST offering is expected to be 100 percent pre-packaged, debt-structured and immediately income-producing.
Key benefits of DST offerings sponsored by PREP Exchange include:
Institutional sponsorship: Supported by the existing infrastructure of PREP Property Group and PREP management's more than 30-year track record in the real estate business.
Necessity retail net lease focused: A resilient asset c