- Tax Advantaged
- Defer income tax until sale of Operating Partnership(“OP”) Units
- Tax is pro-rated for each OP unit
- OP Units can be sold in any size increment
- 10 Year “make whole” tax protection
- Step up in basis at death, eliminates income tax to heirs
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Monthly Cash Distributions
- Consistently growing dividend
- Automatic reinvestment option available in whole or part
- Distributions are substantially sheltered from current income tax
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Diversification
- Large number of properties located in various geographies
- Active portfolio management of debt with staggered maturities
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Liquidity
- Units may be converted to cash