1031 Exchange

1031 Exchange

Our simultaneous 1031 exchange process is engineered to position you strategically on both sides of the exchange. We excel at managing the timeline with precision, adhering to guidelines, and ensuring a low-stress experience throughout. Our focus is on not just facilitating the exchange but also maximizing the price of your property and unearthing the best deals to supercharge your growth or address specific investment objectives. With our expertise, you can confidently navigate the 1031 exchange process, knowing that we are dedicated to placing you in the strongest possible position, whether you're looking to optimize growth or solve unique investment challenges. Reach out to us today to experience a seamless and profitable 1031 exchange that aligns with your investment goals.

13 Units Out Of State

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Downleg

• Listed at record setting metrics
• Generated 8 competing offers
• Went into escrow & non-contingent with
released deposit in 2 weeks
• Took equity from anti-landlord CA to
friendlier market
• Increased net return on equity by 30%
• Closed both uplegs on the same day

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Upleg

BOTH CLOSED 2 WEEKS AFTER DOWNLEG

• 100+ unit operator of Sonic
• Closed at 5.25% CAP rate
• Well located QSR
• Brand new 20 year lease
• Corporate backed preschool
• 100 locations
• Closed at 6.25% CAP rate
• New location
• Personal guarantor
• Brand new 15 year lease

12 Units Out Of State

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Downleg

• 12 units in Santa Ana
• 1957 Construction
• Majority 1-Bedroom units
• Rents 25% below market
• Low-income tenant base
• Self-managed in a tenant friendly state

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Upleg

55 YEARS NEWER

• 38 units in South Carolina
• 2012 construction
• 100% 3-Bedroom + 2-Bath units
• 42,000 SF on over 200,000 SF of land
• 46% more after-tax net cash flow
• Professional management in a landlord
friendly state

4 Units Out Of State

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Downleg

• Almost 100-year-old building
• No depreciation left
• Below market rents without the possibility
to increase due to rent freeze
• Tenant paying less than 25% rent since the
start of the COVID-19 pandemic

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Upleg

LONG-TERM LEASE WITH GUARANTY

• Tripled (x3) net cash flow
• Eliminated all tenant headaches
• No landlord expenses or responsibility
• Left CA’s strict legislative environment

16 Units Out Of State

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Downleg

• 16 Units in Anaheim
• 1957 Construction
• Small 520 SF 1-Bedroom Units
• Consistently Operating with Multiple Vacancies
• Rents 18% Below Market
• Rough Location with Deferred Maintenance Reducing
Cashflow
• Anti-Landlord State with Rent Control

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Upleg

UPLEG IS 64 YEARS NEWER

• Popeye’s Chicken in Kokomo, Indiana
• Brand New 2021 Construction with Drive-Thru
• Absolute NNN on Brand New 20-Year-Lease
• Increased After-Tax Net Cashflow
• Out Parcel to Target, & Surrounded by National Tenants
• Zero Management or Maintenance Responsibility

Simultaneous Closings

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Downleg

• 100-year-old property
• Deferred maintenance
• 30% under market rents
• No depreciation left

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Upleg

QUADRUPLED (X4) AMOUNT OF UNITS

• 21% increase in cashflow
• Less restrictive area
• Twice the allowable rent increases
• Closed within 30 days of closing the downleg

During the Pandemic

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Downleg

• 6 unit 2 story walk-up
• 1950’s construction.
• Problem tenants
• 2B/1BA & 1B/1BA
• Apartment rich neighborhood & shared
driveway with neighboring property

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Upleg

INCREASED CASH FLOW

• Improved CAP on exchange by 40 basis points
• Property featuring 2 contignuous parcels of land
totaling +/- 30,483
• 12 single story bungalow units with private patios &
fireplaces
• 2B/1.5BA & 1B/1B with units 23% larger than downleg
• Only apartment building tucked away in a residential
community across the street from the Metro-Line stop

During the pandemic, many people became comfortable with doing things the hard way. Quick phrases such as “Just Bring Me an Offer,” or “I Just Need to Find My Upleg First,” are proof of this. Irma and Juan were no different. They are veterans of investment property, amassing a diversified portfolio of multifamily across Southern California. In order to help them, Edan consulted with Centennial’s team of professionals to design a strategy that would help them get a better, bigger property that made more money and gave them a road map of proactive steps that they would take together.

Work With Edan

Unlock Success with Edan Shalom, an Award-Winning Sales Expert and real Estate Guru. His 20+ years of sales mastery, unmatched 1031 Exchange success, and Hollywood roots make him your ultimate partner. Let his bulldog work ethic and client-centric approach elevate your investments today!

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