Cellular Landlord Buys New Business With 1031 Exchange

“I completed a 1031 exchange transaction with Landmark Dividend because it gave me leverage to convert my Verizon lease asset into a larger asset that has an equivalent or better return. It allowed me to buy something I wouldn’t have been able to buy otherwise, and the tax deferral from the 1031 was a key consideration. I had completed a 1031 once before for another commercial property, and without the benefit of 1031 exchange in selling of my Verizon lease, I would have been hard pressed to take the offer. I used the proceeds to buy a storage unit business.

The transaction with Landmark went very smoothly. Rob Moreno was easy to deal with, and he did a great job of setting the expectations on how things would proceed. He really managed the process flawlessly. He would answer all the questions I had straightforwardly and forthrightly, and I really appreciated that. Claire in the back office was also very pleasant to deal with. We worked through some minor adjustments to the language, and she was very professional and prompt in responding. That helped me meet the deadline I was up against, which was great. Even my attorney was impressed with Landmark.”

Dann Detwiler
Scottsdale, AZ

Dann Detwiler
Scottsdale, AZ