IRC Section 721 Exchange Specialists
Transform Your Property Into a Diversified Portfolio.
Under IRC Section 721, contribute your multifamily or commercial property to a private REIT in a tax-free exchange — and receive a passive interest in an institutional portfolio generating monthly cash flow.
The Process
A Straightforward Path to Institutional Ownership
Contribute Your Property
Transfer your multifamily or commercial property to the REIT through a tax-free exchange under IRC Section 721. No capital gains recognized at contribution.
Receive REIT Interest
In exchange for your property, you receive an operating partnership interest in the REIT — proportional to your property's appraised value within the portfolio.
Earn Passive Income
Your interest generates monthly cash distributions from a diversified portfolio of institutional-quality assets, with no landlord responsibilities.
Why a 721 Exchange
The Advantages of Contributing to a REIT
Tax Deferral Under IRC §721
Defer capital gains taxes that would otherwise be triggered by a traditional sale, preserving more of your equity for reinvestment.
Portfolio Diversification
Exchange concentration risk in a single asset for a proportional interest across dozens or hundreds of institutional properties.
Monthly Cash Distributions
Receive regular income distributions from the REIT's operating cash flow — without the demands of active property management.
Elimination of Management Burden
Step away from tenant relations, maintenance, and operational complexity. Professional asset managers handle everything.
Estate Planning Advantages
REIT interests offer greater flexibility for estate planning, gifting, and wealth transfer compared to direct property ownership.
Who We Serve
Built for Sophisticated Property Owners
UPREIT Properties works exclusively with a select group of investors for whom a 721 exchange represents a meaningful wealth management strategy.
High Net Worth Individuals
Property owners with significant equity in multifamily or commercial assets seeking tax-efficient liquidity and passive income without a taxable sale.
Accredited Investors
Qualified investors who meet SEC accreditation standards and are eligible to participate in private REIT offerings under Regulation D.
Family Offices
Multi-generational wealth structures seeking to consolidate real estate holdings into a professionally managed, diversified vehicle with estate planning flexibility.
Private Investors
Experienced real estate investors ready to transition from active ownership to a passive, institutional-grade portfolio with consistent monthly distributions.
Available Opportunities
Current UPREIT Exchange Opportunities
Sunbelt Residential REIT
Class A garden-style and mid-rise communities across high-growth Sunbelt markets.
Pacific Gateway REIT
Urban mixed-use assets combining residential and ground-floor retail in coastal metros.
National Industrial REIT
Last-mile logistics and light industrial facilities serving major distribution corridors.
Property Evaluation
Is Your Property a Candidate?
We work with owners of multifamily properties of 5 or more units and commercial properties valued at $2 million or more. If your property qualifies, our advisors will guide you through every step of the 721 exchange process.