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Essay heading: 1031 exchanges
Essay specific features
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Business |
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| Date added: |
March 3, 2007 |
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| No of pages / words: |
6 / 1411 |
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0 times |
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Essay content:
Exchanges not only funnel capital into acquisitions, they form exit strategies for properties that have peaked in value.
Earlier this year, Inland exchanged the Shorecrest Shopping Center, a grocery-anchored property in Racine, Wis., for $6.2 million and rolled the proceeds into a regional big box center called Deer Trace in Kohler, Wis... displayed 300 characters
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A larger, more expensive property, Deer Trace will likely bring a greater cash flow from its high-profile retail tenants, including Home Depot, T.J. Maxx, Michaels Arts & Crafts and Famous Footwear.
For Cosenza, the choice between using an exchange or paying for a new property depends upon the company's current need for cash... displayed next 300 characters
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