Category: COVID-19

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March 31, 2022

Why We Continue to See Opportunity in Multi-Family Real Estate Investments in 2022

As the ongoing COVID-19 pandemic, inflation concerns, and the war in Ukraine illustrate, it can be difficult to decide where and how to invest money in volatile environments. As we like to say, we don’t have a crystal ball to predict the future; instead, we focus on the bigger picture to help us identify opportunities. We believe that the multi-family sector – long a bedrock of our real estate investment strategies – deserves investors’ attention in 2022.  Read More
August 18, 2021

Multi-Family Real Estate Investing, COVID-19, and Other Considerations

In our previous blog, we covered the phenomenon of how a macro real estate bull market erupted from the COVID-19 pandemic. Now, as we (hopefully) begin to come out the other side, the question becomes: how should an investor approach this environment? Across the board, real estate prices have been increasing, and multi-family assets are no exception. These higher prices have investors looking at low purchase cap rates. Certainly, these factors need to be considered; however, we also believe they should be put into context with what may be on the horizon for multi-family assets.     Read More
July 02, 2020

The July 15 Exchange Deadline is Almost Here

July 15th is likely a day circled on the calendar of many people looking to complete a 1031 exchange.  When the IRS issued Notice 2020-23, exchange transactions that fell between March 31, 2020 and prior to July 15, 2020 saw their deadline extended to July 15, 2020. In light of the COVID pandemic, the IRS issued this notice to provide extra time to complete an exchange.  Certainly, I think we all were hopeful that by this time the worst of the pandemic would be behind us. Unfortunately, that does not seem to be the case.  Read More
June 08, 2020

The Increased Role of Due Diligence During COVID-19

In times of increased risk and uncertainty, it’s smart for a business to put an even sharper focus on its core competencies. At Chicagoland 1031 Exchange, we put the protection of our client’s interests first rather than simply approving every replacement property offering available on the market. If you’re a new client sitting down with us to explore your exchange options, you can be sure that any property we’re showing you has been vetted on a number of different levels. We truly pride ourselves on the amount of due diligence that goes into choosing the Delaware Statutory Trusts (DSTs) that make it onto our platform.  Read More
April 23, 2020

COVID-19 and Its Impact on the Commercial Real Estate Sector Part 3

This is the third part of a series on COVID-19. Read Part 1 and Part 2. COVID-19 continues to bring uncertainty to commercial real estate and 1031 exchanges. Our assessment of risk within the sector is represented in this image.  Read More
April 16, 2020

COVID-19 and Its Impact on the Commercial Real Estate Sector Part 2

This is the second part of a series on COVID-19. Read Part 1 here. As is the case with all economic disruptions, the COVID-19 pandemic will likely vary in its impact on different types of commercial real estate. At times like these, it's important to remember that the impact of disruptions related to Delaware Statutory Trust (DST) depends on the impact to the asset that the DST is invested in. These difficult and uncertain economic times serve as a reminder as to why our firm and our broker dealer spend so much time and energy on property-level and sponsor due diligence.  Read More
April 14, 2020

IRS Announces Extended Exchange Deadline for Investors

Real estate investors who are selling property using a 1031 exchange received some welcome news last week! The IRS has issued new guidance extending the 45-day and 180-day deadline requirements currently defined in IRC section 1031. The notice stipulates that anyone with a 45-day identification period or 180-day closing deadline that occurs between April 1st and July 14th will have their deadline extended until July 15th.  Read More
April 10, 2020

COVID-19 and Its Impact on the Commercial Real Estate Sector

This is the first part of a series on COVID-19. The COVID–19 pandemic will long be remembered as an event that has forever changed many of the ways we live, socialize, work, and play. The novel coronavirus plays no favorites and is almost boundless in its ability to affect every part of our economy. Good friends and clients have asked me about how I think the real estate industry will be impacted, first at a macro-level and then more specifically for the 1031 exchange industry and Delaware Statutory Trust investors.  Read More
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