KINGSBARN PURCHASES FOUR MEDICAL CLINICS IN DALLAS METRO
Las Vegas, NV, May 31, 2019 – Kingsbarn Realty Capital (“Company” or “Kingsbarn”) announced the acquisition of four dialysis clinics in the Dallas metropolitan area. The properties are leased to DaVita Inc. one of the largest providers of dialysis in the United States.
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KINGSBARN PURCHASES ORANGE COUNTY OFFICE PROPERTY
Los Angeles, CA, May 7, 2019 – Kingsbarn Real Estate Capital (“Company” or “Kingsbarn”) announced the closing of Foothill Corporate Centre, an 83,000 sq. ft., Class-A, office property located in the master-planned community of Foothill Ranch. The property features a 4,000 sq. ft. tenant conference center and lounge that is available to the tenants for company meetings and special events.
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KINGSBARN MAKE HEALTHCARE ACQUISITION IN OLYMPIA, WASHINGTON
Las Vegas, NV, March 25, 2019 – KB Exchange Trust, an affiliate of Kingsbarn Realty Capital, announced the acquisition of a 15,500 sq. ft. medical clinic leased for 15 years to Fresenius Medical Care Holdings, a wholly-owned subsidiary of Fresenius Kidney Care (NYSE: FMS).
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KINGSBARN ACQUIRES SOUTHERN CALIFORNIA OFFICE PORTFOLIO
Del Mar, CA, October 15, 2018 – Kingsbarn Real Estate Capital (“Company” or “Kingsbarn”) announced the closing of the final two properties of a four-property portfolio purchased from a joint venture led by Hines Interests. Kingbarn acquired the properties for $57.3 million. The 285,644 square foot portfolio was 93% leased and occupied by top-tier tenants, including CalPERS, Health Net California, Union Bank, Northrop Grumman, Regus, and California DMV.
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KINGSBARN PURCHASES OFFICE PROPERTY IN ALBUQUERQUE
Las Vegas, NV, August 24, 2018 – Kingsbarn Realty Capital (“Company” or “Kingsbarn”) announced the acquisition of the Altura Professional Building, in Albuquerque, New Mexico. The property was 100% leased and occupied by seven tenants, including the General Services Administration (USA), Lovelace Health System, and Butt, Thornton & Baehr PC, who together occupy 85% of the approximately 109,000 sq. ft. building.
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KINGSBARN REALTY CAPITAL ACQUIRES A DIVERSIFIED HEALTHCARE PORTFOLIO
Las Vegas, NV, July 25, 2018 – Kingsbarn Realty Capital (“Company” or “Kingsbarn”) has announced the closing of another multi-asset healthcare real estate portfolio. The latest acquisition consists of four healthcare properties located in Aurora, Colorado; St. Joseph and House Springs, Missouri; and El Paso, Texas.
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KINGSBARN REALTY CAPITAL ACQUIRES MULTI-ASSET HEALTHCARE PORTFOLIO
Las Vegas, NV, July 2, 2018 – Kingsbarn Realty Capital (“Company” or “Kingsbarn”), announced the closing of a diversified multi-asset healthcare portfolio, consisting of six healthcare properties located in South Carolina, Kentucky, Wisconsin, Tennessee and Pennsylvania. .
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KB EXCHANGE TRUST PURCHASES A SUBDIVIDED PORTION OF GAVIIDAE COMMON IN DOWNTOWN MINNEAPOLIS, MINNESOTA
Minneapolis, MN (March 26, 2018) –KB Exchange Trust (“KB”), a division of Kingsbarn Realty Capital, announced the acquisition of a 52,263-square foot, subdivided portion of Gaviidae Common, a 255,000-square-foot specialty retail and office center in downtown Minneapolis.
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KB EXCHANGE TRUST PURCHASES TOWNHOME COMMUNITY IN COLUMBUS, OHIO
Columbus, OH (September 6, 2017) – KB Exchange Trust (“KB”) acquired the Preserve at Winchester Crossing for $18.8 million as part of its expanding
Delaware Statutory Trust (DST) investment program. The property consists of 189 two-story, condo-mapped townhomes that are part of a 210-townhome community in Columbus, Ohio.
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KB EXCHANGE TRUST PURCHASES TWO PROPERTIES IN NEW YORK METRO-MARKETS
Las Vegas, NV (August 18, 2017) – KB Exchange Trust ("KB") announced the acquisition of two properties, a Fresenius Medical Care and a Walgreens, in the tri-state region of the New York metropolitan area. The Fresenius is a newly constructed property and the Walgreens was constructed in 2011, totaling a combined rentable space of approximately 25,000 square feet.
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KB EXCHANGE TRUST ACQUIRES 14 HEALTHCARE-RELATED PROPERTIES IN 10 STATES
Los Angeles, CA (October 16 2017) - KB Exchange Trust, an affiliate of Kingsbarn Realty Capital, acquired 14 properties located in New York, New Jersey, Massachusetts, Pennsylvania, Ohio, Illinois, Iowa, Texas, Missouri, and California. The aggregate purchase price for the 14 properties, which were acquired in a four-month span between April and August, totaled over $65.9 million.
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KB EXCHANGE TRUST PURCHASES THREE MEDICAL PROPERTIES IN TEXAS AND MISSOURI
Los Angeles, CA (May 9, 2017) – KB Exchange Trust ("KB") announced the acquisition of three buildings located in Texas and Missouri. All three properties are newly-constructed dialysis clinics leased to Fresenius Medical Care, totaling a combined rentable space of approximately 28,000 square feet. The properties were acquired in separate transactions for a combined purchase price of $13.5 million.
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KB EXCHANGE TRUST PURCHASES THREE MEDICAL PROPERTIES IN PENNSYLVANIA, OHIO, AND MASSACHUSETTS
Los Angeles, CA (April 14, 2017) – KB Exchange Trust ("KB") announced the acquisition of three buildings located in Pennsylvania, Ohio, and Massachusetts. All three properties are newly-constructed dialysis clinics leased to Fresenius Medical Care, totaling a combined rentable space of approximately 27,000 square feet. The combined purchase price for the three properties was $15.07 million.
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KB EXCHANGE TRUST FIVE MEDICAL PROPERTIES IN TEXAS, MISSOURI, AND OHIO
Los Angeles, CA (November 10, 2016) – KB Exchange Trust ("KB") announced the acquisition of five buildings located in Texas, Missouri, and Ohio; four are leased to Fresenius Medical Care and one is leased to DaVita Dialysis. All five properties are newly-constructed dialysis clinics, totaling a combined rentable space of approximately 63,800 square feet. The properties were acquired in separate transactions for the combined purchase price of $27.9 million.
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KINGSBARN STRUCTURES 1031 PORTFOLIO ACQUISITION FOR INVESTMENT GROUP
Las Vegas, NV (September 10, 2016) – Kingsbarn Realty Capital ("Kingsbarn") announced the closing of a Structured
1031 exchange for KB Highland Partnership, LLC, through its affiliated company, KB Exchange Holdings, LLC. Kingsbarn acquired two medical dialysis properties in Florida and Texas for the Hawaiian investment group in order to effectuate a
1031 exchange for their investors. The aggregate purchase price for the properties was $10,125,000.
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KINGSBARN OPENS NEW OFFICE IN DEL MAR; APPOINTS PRESCOTT VICE PRESIDENT
Del Mar, CA (July 25, 2016) – Kingsbarn Funds ("Kingsbarn") announced the hire of Steven de Barón Prescott as Vice President of Business Development. Prescott joins the Kingsbarn team experienced in broad facets of commercial real estate and financial services. Most recently, Prescott served as a financial wealth advisor for five years with Wells Fargo Advisors where he guided private wealth clients with over $100 million in assets.
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KB EXCHANGE TRUST PURCHASES PORTFOLIO OF BUILDINGS LEASED TO FRESENIUS MEDICAL CARE
Beverly Hills, CA (March 10, 2016) - KB Exchange Trust ("KB") announced the acquisition of three buildings located in Virginia and Georgia; each is leased to Fresenius Medical Care. All three buildings are newly-constructed dialysis clinics, totaling a combined rentable space of approximately 25,000 square feet. They were acquired for the combined purchase price of $12.92 million.
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KB EXCHANGE TRUST PURCHASES FRESENIUS MEDICAL BUILDING IN LAKE CITY, FLORIDA
Beverly Hills, CA (August 20, 2015) - KB Exchange Trust ("KB") announced the acquisition of a building leased to Fresenius Medical Care, located in Lake City, Florida. The newly-constructed dialysis clinic was purchased for $5.624 million and totals approximately 10,400 square feet.
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KB EXCHANGE TRUST PURCHASES RITE AID PHARMACY BUILDING IN WASHINGTON D.C. METRO
Beverly Hills, CA (August 5, 2015) - KB Exchange Trust ("KB") announced the acquisition of a Rite Aid Pharmacy property for $5.7 million in Ranson, West Virginia. The property, constructed in 2008, totals over 14,500 square feet and is Rite Aid's prototypical pharmacy building design. Rite Aid has over 13 years remaining on the original 20-year lease term.
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KB EXCHANGE TRUST PURCHASES FRESENIUS MEDICAL BUILDING IN ROCHESTER, NEW YORK
Beverly Hills, CA (July 20, 2015) - KB Exchange Trust ("KB") announced today the acquisition of a Fresenius Medical Care property located in Greece, New York, part of the Rochester, New York MSA, for $5.275 million. The recently-constructed dialysis facility is approximately 9,300-square feet and was purchased in a
Delaware Statutory Trust ("DST")-structured ownership entity.
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DST-STRUCTURED PROPERTY OFFERINGS RISE TO FILL NEED
BEVERLY HILLS, California (May 1, 2014) – As commercial real estate prices are approaching pre-recession highs, many property owners are looking to sell. Those hoping to capitalize on the market turnaround are shocked to learn that the old capital gains rates no longer apply. The days of 15 percent federal capital gains rates were replaced in January of 2013, with the new rate of 23.8 percent (including the 3.8 percent Net Investment Income Tax related to The Affordable Care Act). This equates to an overall increase of 59 percent to the previous federal rate. When state income taxes plus the recapture of depreciation are added, sellers may be looking at writing a check for over 40 percent of their sale proceeds.
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KB EXCHANGE TRUST PURCHASES FRESENIUS MEDICAL PROPERTY IN CHICAGO
Los Angeles, CA (April 28, 2015) - KB Exchange Trust ("KB") announced today the acquisition of a Fresenius Medical Care dialysis clinic in downtown Chicago, Illinois. "The recently-constructed medical property, totaling approximately 10,170 square feet, is in a strong infill location," according to Managing Partner Jeff Pori.
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KINGSBARN ANNOUNCES LOAN FUND OFFERING PREFERRED INTERESTS
LAS VEGAS, NV – February 18, 2014 – Kingsbarn Realty Capital announced today that it will begin offering a Loan Fund to accredited investors. KB LOAN FUND I, LLC, has been formed to fund mezzanine loans to Kingsbarn Realty Capital, LLC and its affiliates to acquire real estate for syndication in
1031 exchange programs, and other real property syndications.
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