Big News: Venture on Route 66 Joins NV REIT via 721 Exchange

Exciting news from Neighborhood Ventures — Venture on Route 66 has officially been added to NV REIT through a 721 UPREIT exchange, bringing the total REIT portfolio to four cash-flowing multifamily assets.

This move delivered a full 12% preferred return to the original Route 66 investors over ~3.5 years, while allowing them to defer taxes and convert their ownership into monthly dividend-paying REIT shares (5% annually).

The 721 exchange continues to be a win-win for both investors and the REIT:
• Investors defer taxes & gain diversification
• NV REIT continues adding high-quality multifamily assets
• Strong long-term appreciation potential

If you’re a multifamily owner interested in a tax-efficient way to roll your property into a REIT, we’d love to talk. Visit https://na2.hubs.ly/H0261gC0 to learn more.

#NeighborhoodVentures #NVREIT #UPREIT #TaxStrategy #Multifamily #RealEstateInvesting #PhoenixRealEstate

Видео Big News: Venture on Route 66 Joins NV REIT via 721 Exchange канала Neighborhood Ventures