Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

Fortitude Investment Group, LLC. Executes Record Investment For a Family's 1031 Exchange into a Delaware Statutory Trust (DST) Real Estate Portfolio. www.1031dst.com Has Successful DST Sales in Excess of $180,000,000.00 In Q4 2017.

Fortitude Investment Group LLC

News provided by

Fortitude Investment Group LLC

Dec 12, 2017, 07:30 ET

Share this article

Share toX

Share this article

Share toX

NEW YORK, Dec. 12, 2017 /PRNewswire/ -- One might think that passive real estate investments are for the less sophisticated and smaller real estate owners and investors; they would be wrong. Daniel P. Raupp and his team at Fortitude Investment Group, LLC. have just set an industry record by facilitating an investment of $176,000,000.00 worth of real estate proceeds from the sale of a portfolio held by a very successful and real estate savvy family who needed to complete a complex 1031 Exchange. This individual transaction had multiple moving parts and involved more than twenty entities and six branches within the family.

Fortitude Investment Group is discovering a trend in which the current economic environment has made quality replacement properties more difficult to find. The platform built by Fortitude Investment Group, www.1031dst.com, exposes even the most sophisticated investors to real estate in markets they otherwise may not feel comfortable or have experience in. The website is built to assist those searching for real estate investment solutions in finding quality replacement properties and the resources to do the necessary due diligence in such a market. 

Concurrently with this transaction, our team of registered representatives simultaneously assisted other accredited investors, through the help of our proprietary website www.1031dst.com, to find suitable replacement properties. These clients were able to meet their needs of completing their real estate exchanges into 100% passive institutional quality Delaware Statutory Trust (DST) real estate properties.

Some major advantages of passive real estate investing in DST's include but are not limited to:

  • The ability to diversify into multiple institutional quality assets in many different sectors and geographic regions.
  • Assist families with complex estate issues using unique and individualized allocations across multiple programs. There are unique ways to use DST and Tenant in Common (TIC) investments, that provide solutions and organization for some of these intricate issues.
  • Non-recourse debt associated with leveraged DST investments potentially grants investors tax benefits from the leverage assumed by the program without needing to be underwritten or approved to acquire the debt.
  • Delaware Statutory Trust's passive nature allows investors to retire from the active management and daily duties of real estate ownership.

Shortly after the completion of this record breaking investment, Jeffery Alan Kiesnoski, Co-Founder & Partner of Fortitude Investment Group, LLC., stated, "The symphony that we completed as a team was composed by Daniel P. Raupp, Managing Partner & Co- Founder of Fortitude Investment Group, LLC., and conducted to completion by Roy Pfleger II, Chief Operating Officer at Fortitude Investment Group, LLC. This was an excellent fit for our firm, as we have more industry experts on our bench than any other firm of our type. I am extremely proud of this outcome and the client satisfaction that we provided to this ultra-high net worth family. Fortitude, with the help of our partners at Inland Private Capital Corporation, Passco Companies, and Bluerock Capital Markets, as well as many others, are able to react quickly for fire-drill type needs that often surface in the 1031 world."

Professionals that Fortitude Investment Group, LLC has worked with over the years in assisting clients with 1031 exchanges into Delaware Statutory Trusts, have weighed in on the level of professionalism, experience and customer service that Fortitude has been able to offer.  These testimonials may not be representative of the experience of others. Past performance does not guarantee or indicate the likelihood of future results. These professionals are giving their opinions and were not compensated for their testimonials.

"Fortitude's experience, expertise, customer service, and in-depth understanding of all aspects of the 1031 exchange and DST programs are only some of the reasons as to why a transaction of this size was able to be completed."

-          Keith Lampi | Director | President | Chief Operating Officer | Inland Private Capital Corp

"In my thirty plus years working with licensed investment advisors and securities licensees, it has been my pleasure to work with, meet, and make friends with many outstanding professionals among whom are the advisors and representatives at Fortitude Investment Group.  It has been my good fortune to witness the efforts the people at Fortitude expend to assure that they present to their clients' quality investment opportunities. It is a credit to Daniel P. Raupp and the other founders that their entire organization is committed to a culture of in-depth study of the needs of their clients, the benefits and drawbacks of each investment program, and the quality and reliability of the sponsors of programs Fortitude approves for presentation."

-          William O. "Bill" Passo | CEO | Founder | Passco Companies

"Daniel P. Raupp and his team are amongst some of the industry's top 1031 advisors across the nation and it was to no surprise that a successful outcome of such a large transaction was due to his and his teams experience, expertise, and customer service." 

-          Nati Kiferbaum | Vice-President | Capital Markets | Inland Private Capital Corp

"Asset Preservation, Inc. (API) has a long history with Daniel P. Raupp and his team at Fortitude Investment Group. Over the years they have proven to be some of the best in the business in assisting client's in the identification and acquisition of DST properties in their 1031 Exchanges. In a recent, very large transaction, they performed flawlessly in placing our clients in not only many, but more importantly, the right assets to acquire and effectively complete the exchange, and defer millions of otherwise taxable dollars. API looks forward to working with Dan and the Fortitude team on many more such successful transactions."

-          Javier G. Vande Steeg | President | Asset Preservation, Inc

"In the thirty years that I have been involved in various aspects of real estate and private equity investing, working with Daniel P. Raupp and Fortitude Investment Group was one of the most rewarding experiences from start to finish. Their knowledge and professionalism in this industry is impressive, as is the premier customer service that I witnessed was provided to our mutual client. I look forward to continuing to do business with Fortitude."

-          Ramin Kamfar | Founder | Chairman | Chief Executive Officer | Bluerock Real Estate

"Watching Daniel and the team up north close such a complex exchange has elevated the Fortitude family to a whole new level of success. With the Florida real estate market surpassing its all-time highs from a few years back, we are positioned in a powerful stance to assist the astute investor who is seeking both active and passive solutions to successfully complete his or her exchange(s). The Fortitude family has flourished and excelled through multiple market cycles. I am proud to be part of such a powerful team and am eager to see what the future holds for us!"

-          Jon Paul Cirelli |Co-Founder| South-East Director| Fortitude Investment Group

Fortitude Investment Group has a presence across the country and has additional offices and direct representation in Florida, managed by Co-Founder Jon Paul Cirelli and his team, as well as New Jersey, with our associate and seasoned veteran Andreas Zigouras, Sr., Vice President of Investments. Over the years, our staff and team has seen nearly every type of transaction in the industry, giving Fortitude Investment Group the experience to provide the unparalleled professional partnerships and client relationships. Our team at Fortitude can be seen on our website at www.1031DST.com.

We, at Fortitude, pride ourselves on putting the client first as we attempt to prevent as much of the potential for loss in any investments we offer by partnering with some of the smartest and most diligent professionals in the tax and real estate space. We manage the robust assemblage of real estate and do business with sponsors that have the wherewithal to release high quality real estate offerings for the benefit of our clients. We look forward to serving the needs of future 1031 and 1033 exchanges in the years to come.

As with all investments there are pros and cons and risks to any investment and one should consult with their Real Estate attorney, CPA and Registered Representative to see if a 1031 exchange using a DST is the appropriate avenue to explore.

The acquisition or sale of a Delaware Statutory Trust (DST) for the purpose of a tax-deferred 1031 exchange qualifies for treatment under section 1031 of the Internal Revenue Code ("1031 Exchange"). Investors will be able to sell the existing investment property or beneficial interest in a DST and complete a 1031 exchange into another "like-kind" investment property or beneficial interest in a new DST.

There are risks associated with investing in Delaware Statutory Trust (DST) and real estate investment properties including, but not limited to, loss of entire principal, declining market value, tenant vacancies and illiquidity. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence) and accredited entities only.

The information herein has been prepared for educational purposes only, is not a direct recommendation, does not constitute an offer to purchase or sell securitized real estate investments, and is not meant to be interpreted as tax or legal advice. Because investors situations and objectives vary this information is not intended to indicate suitability for any particular investor. Please speak with your legal and tax advisors for guidance regarding your particular situation.

Diversification does not guarantee profits or guarantee protection against losses.

Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Advisory services offered through Concorde Asset Management, LLC (CAM), an SEC registered investment adviser. Insurance offered through Concorde Insurance Agency, Inc. (CIA) Fortitude Investment Group is independent of CIS, CAM and CIA, all of whom are independent from Inland Private Capital Corp, Passco Companies, Capital Markets, Asset Preservation and Bluerock Real Estate.

Media Contact:
Jeffrey Alan Kiensoski, 212-634-7906 ext. 110

SOURCE Fortitude Investment Group LLC

21%

more press release views with 
Request a Demo

Modal title

Also from this source

Case Study: The Pitfalls of Concentrated Investment in Single-Tenant NNN Properties vs. the Diversified DST Strategy

Case Study: The Pitfalls of Concentrated Investment in Single-Tenant NNN Properties vs. the Diversified DST Strategy

Overview At Fortitude Investment Group, we often advise investors on how to wisely transition their appreciated real estate into passive, diversified ...

1031DST.com: The Go-To Resource for High-Net-Worth Real Estate Investors & Their Trusted Advisors

1031DST.com: The Go-To Resource for High-Net-Worth Real Estate Investors & Their Trusted Advisors

As high-net-worth individuals (HNWIs) and their advisors seek more tax-efficient wealth transfer and reinvestment strategies, 1031DST.com is emerging ...

More Releases From This Source

Explore

Real Estate

Real Estate

Banking & Financial Services

Banking & Financial Services

Commercial Real Estate

Commercial Real Estate

Accounting News & Issues

Accounting News & Issues

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.