Our team of dedicated professionals were approached by a client with a management-intensive multi-family property in California. We worked with our client to understand their goals of owning a more passive investment and established a plan to exchange them into a NNN property in Florida.
After creating an action plan with our client, we utilized our national database of NNN deals to source multiple exchange opportunities in the Florida area. We also engaged the local NAI office in the region to select the best exchange opportunities in the area.
Our client decided to exchange into a NNN Advance Auto Parts store. We then consulted with our local NAI office to engage the best local team of real estate professionals to assist with due diligence and closing.
After closing, we provided an asset management solution for our client and continue to assist them with ongoing asset management and accounting. With complete knowledge of our client’s goals and situation, we efficiently executed an exchange from an active investment to a passive NNN investment across the country.