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1031 Exchange Information

San Diego Firm Equity Based Services, Inc. Purchases two Dallas Area Storage Facilities (PRWeb via Yahoo! News)
EBS announces that they have acquired two Self Storage Facilities in Lewiston, TX, a suburb of Dallas. Blue Star Self Storage and Assured Self Storage bring the EBS Texas portfolio up to 21 properties, with a national portfolio of 58.

QUICK POLL (GlobeSt.com)
LAS VEGAS-Equity Based Services Inc., a San Diego-based owner of self-storage facilities, has acquired another asset here, paying $9.7 million for Silverado Self Storage, an 84,200-sf (net rentable) facility, that EBS will rebrand as American Mini Storage.

Um, the gym will totally still be there after you finish that creme brulee. (Las Vegas CityLife)
American

Lighthouse Capital Funding, Inc. Launches New Interactive Website (PRWeb via Yahoo! News)
Lighthouse Capital Funding, Inc., a nationwide direct real estate lender based in Southern California, announced the launch of its newly redesigned website. Lighthouse Capital Funding, Inc. provides short-term, private money loans for commercial real estate investors encountering unconventional investment situations and time-sensitive closing deadlines. Through this new website, the company ...

Countrywood Crossing Owner Adds Trio of TICs (The Memphis Daily News)
Countrywood 1031 LLC, the entity that bought Countrywood Crossing shopping center in Cordova earlier this year, has sold three more tenant-in-common (....

UDR Wraps Up Reinvestment of Funds from $1.7B 1031 Exchange (Commercial Property News)
Almost exactly six months after closing on the sale of 86 apartment properties to DRA Fund VI L.L.C. and joint venture partner Steven D. Bell & Co., UDR Inc. has concluded the reinvestment of 1031 exchange funds from the from the $1.7 billion sale.

Accommodator Finance Company Reports IRS Providing Relief for Hurricane- Scarred Louisiana (PRWeb via Yahoo! News)
Accommodator Finance Company, a leading nationwide 1031 Exchange firm reports that the IRS has issued a notice of extension for 36 Louisiana parishes in response to Hurricane Gustav.

1031 Alternatives Group Launches 1031 Exchange Podcast Series (PRWeb via Yahoo! News)
We believe that the Podcast Series is an excellent, innovative method to educate and bring awareness to the real estate community on the benefits and risks associated with 1031 Exchanges and Tenant In Common (TIC) investments.

Banking and Financial (Mondaq)
In a letter dated August 5, 2008 (the "Letter"), the FRB used its discretionary authority under Section 4(c)(9) of the Bank Holding Company Act (the "BHC Act") to exempt from the standard activity limitations and reporting requirements of the BHC Act two entities wholly-owned by the Chinese government.

Sell your rental property for a profit (Canoe Home & Garden)
Unlike selling a stock, investment properties can't be unloaded in a few seconds with a click of your mouse. The time between the decision to sell and the actual date of sale is often measured in weeks or months.