TAMPA, FL—A 1031 exchange buyer snapped up a Krystal restaurant in Bradenton, FL. Calkain Companies associate Emily Cusmano represented the buyer.
“When handling a 1031 transaction for a buyer, the key is finding an excellent investment property while working within the exchange deadline,” she says. Once the property was identified, Calkain provided due diligence and transaction support services to keep the buyer was updated throughout the process.
According to Cusmano, the transaction went smoothly. The deal adhered to the 1031 exchange guidelines in order to be compliant with the tax code.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
