PALADIN?. An UPREIT exists as another exit strategy. An UPREIT or 721 exchange are both terms used to describe a 1031 exchange into a REIT. When this happens, an investor's interest in the DST is converted into REIT shares, which is when the 721 exchange occurs. The REIT already controls the DST. After some time, the REIT will purchase shares owned by the DST. The DST may then dissolve.
This have nothing to do with Possible distributions.Sorry but after the end of the last year dont think we will see a dime on our escrows.All the fault of the WillyJam and his minions which gave up the AAOC battle for a miserable Settlement worth few Hundred milions Dollars and also this dispersed and gifted to the Nation Star HEdgies and KKR BOD.Its just painfull to see backwards the wy the Shareholders were treated from this SNake akka Marine probablly some Kitchen Chief coking spagheties and Calling him self a MArine.What a Joke our case in his Hands.