Private Placement Update – October: Focus on 1031s

Friday, November 23rd, 2018 and is filed under AI Insight News

  • There were 8 new 1031 programs activated on the AI Insight platform in October for a combined $266.9 million in total offering amount.
  • The category is up 67.4% from the prior year in total YTD offering amount, and is on track to exceed 2016’s record of number of programs activated.
  • Multifamily remains the top sector within the 1031 space, with 35 of the 72 programs and 58.3% of max offering amount. Healthcare, Net Lease, and Student Housing are next, representing 12.4%, 10.8%, and 7.7%, respectively, while Retail and Industrial represent less than 3.0% each – a major change from the pre-recession marketplace.
  • ON DECK: As of November 21, six DST programs activated in November with one more coming soon.

AI Insight is introducing Industry Reporting in the first quarter of 2019, which will include this data and many more insights into key non-traded markets. To inquire about accessing these expansive data reports, please contact us directly.