The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
November 29, 2022
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Developer Sells Portfolio of 13 CVS-Occupied Properties in Deals Totaling $90 Mil

2/24/22

A portfolio of 13 CVS-occupied properties sold in multiple transactions totaling $90 mil. The properties, which total just under 195k sf, are located in the states of Arizona, Texas, Virginia, South Carolina, Idaho, Louisiana, Oklahoma, Ohio and New Jersey.

John Redfield, Matthew Mousavi, Patrick Luther and Tom Power with SRS Real Estate Partners’ National Net Lease Group represented the seller, a private developer. The buyers were a number of individual private investors.

“This was a portfolio of credit tenant-leased (CTL) financed zero cash flow assets whereby they provided tax advantages and equity growth benefits to the investors,” said Redfield. “The majority of the buyers were in a 1031 exchange and utilized paydown readvance or paydown payup, a unique structure in some zero cash flow loans where the investor can satisfy the exchange and pull cash out. With limited net leased assets on the market, this zero cash flow structure gives 1031 buyers an opportunity to realize good profits from their sale without having to pay potentially large capital gains and depreciation recapture.”

Like 1031 exchanges, zero cash flow opportunities also have tax advantages for investors who purchase without an exchange and can utilize tax benefits with accelerated depreciation. Since they are highly leveraged, many times an investor can utilize bonus depreciation to help with portfolio level tax strategies.





Return to the Archive page


 


 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2022 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media