Matthews Facilitates $28.9 Million 1031 Exchange Transaction

UNITED STATES— Matthews™, a commercial real estate investment services and technology firm, successfully structured a $28,970,788 exchange on behalf of a client, facilitating the acquisition of nine assets. Matthews™ Market Leader Keegan Mulcahy and Executive Vice President & Managing Director Chad Kurz handled the transaction.

 

The Matthews™ client, a private family, completed the down-leg sale of a generational family farm, prompting the need for a 1031 exchange. The family sought to reinvest the proceeds into safe, passive, long-term net lease investments with the goal of holding the assets for future generations. Ultimately, nine net lease investments were acquired across six states, with 77% of the investment portfolio being sourced off-market by Matthews™. By sourcing deals off-market and leveraging the firm’s national proprietary database, Matthews™ secured favorable pricing and deal terms for the client.

 

“Coordinating multiple decision-makers was a key component of this transaction,” Mulcahy said. “The buyer group included three equal-owner siblings, along with spouses and children, and each had distinct criteria for their allocation. Through a disciplined weekly cadence and constant communication, we kept execution moving efficiently and structured the portfolio to satisfy each requirement while meeting the exchange timeline.”

 

The acquisitions spanned quick-service and fast-casual restaurants, early childhood education, and other net lease verticals in Texas, Colorado, Arizona, Illinois, Missouri, and Arkansas.

 

“Diversification was central to the strategy,” Kurz said. “By balancing different tenant categories and risk-return profiles across the portfolio, we were able to meet the exchange requirement while building a long-term net lease foundation designed for durable, passive ownership.”

 

For more information, please contact Keegan Mulcahy and Chad Kurz or visit www.matthews.com.

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.