News: Spotlights

2023 Year in Review: Dwight Kay, Kay Properties and Investments

Dwight Kay
Founder and CEO
Kay Properties and Investments

What transaction had the greatest impact on your firm this year?

While this transaction was not the biggest 1031 exchange we helped, it does showcase what makes Kay Properties so special. We helped a family enter 11 different Delaware Statutory Trusts following the sale of their family business they had owned for more than 60 years. We spent over a year educating the entire family on DSTs, and it involved literally every member of our team.

What emerging trends will drive investment development in 2024?

One of the biggest trends that we see shaping the market next year, is the overuse of leverage in commercial real estate. More than $1 trillion of commercial real estate debt will be maturing in the next few years. On the flip side of the same coin, Kay Properties emphasizes debt-free real estate investments specifically to avoid the pitfalls of leveraged real estate, and we think this will be a major point of interest next year.

MORE FROM Spotlights

The New England Real Estate Journal presents the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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