Founded in 1977, Welsh is a full-service commercial real estate company that provides comprehensive services to clients throughout the United States. The Welsh organization presently consists of more than 300 professionals whose expertise extends into many areas of commercial real estate including office, industrial and retail brokerage, senior housing, healthcare services, corporate services, property management, facility management, construction, architecture, development, mortgage banking and investment services. The principals of Welsh and its employees have transacted business nationwide, cultivating extensive relationships with major institutions, investment banks, lenders, REITs, private equity funds, and individual owners of real estate.
With a portfolio of over 26 million square feet under management and 80 licensed brokers, Welsh has the capability to consistently source opportunities for investment assets. This cooperation within Welsh, its property management clients, and its institutional partners provides the strategic advantage of “first-look” opportunities which limit competition between buyers. Since 2006, approximately 75% of investment assets were acquired in off-market transactions.
WelshInvest, the investment arm of Welsh Companies, is a principal investor in commercial real estate assets throughout the United States. Since 1996, WelshInvest has purchased and developed in excess of $1 billion in commercial real estate totaling more than 18 million square feet through joint ventures, institutional partnerships and five private equity real estate funds.
Why Welsh for your Clients 1031 needs:
All of
Welsh's fully integrated services are available to help investors accomplish
their specific 1031 goals
Ability
to diversify into a pool of assets and reduce exposure
Experience
in all product types and various markets
No
marked up purchase price - transparent transaction costs
Competitive
returns and significantly lower fees than typical 1031 sponsors
Proven
ability to source off-market opportunities
What is a 1031 Tax Exchange?
Section 1031 of the IRS tax code provides that no gain or loss shall be recognized on the exchange of
property held for the purpose of investment. A deferral of capital gains tax is achieved when a property
owner trades one or more relinquished properties for one or more “like-kind” replacements of equal or
greater value.
1. Direct Party Acquisition: WelshInvest is able to act as a third party acquisition specialist, working with the investor to facilitate the 1031 exchange process, including sourcing potential properties for identification, contract negotiations, due diligence, financing and closing. Welsh is also able to provide a long-term partner in management, leasing and maintenance of the acquired property.
2.WelshInvest Co-Investment: WelshInvest acquires property for the investment of its own principals and current investors, which properties are made available for co-investment as a tenant in common by 1031 exchange investors. This solution provides assurance that Welsh is committed to the acquisition and the long-term viability of the property as an investment.
