721 UPREIT Model Courtesy of Kay Properties

721 Exchanges and UPREITs

Understanding 721 Exchanges and UPREITs What Is an UPREIT? A Umbrella Partnership Real Estate Investment Trust (UPREIT) is a structure that allows property owners to contribute their real estate holdings to a real estate investment trust (REIT) in exchange for operating partnership (OP) units. This structure enables investors to transition from direct real estate ownership […]

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