Phoenix American Releases 1031 Turns 100: Industry Insights on the DST Market
March 31, 2021
With 2021 marking the 100-year anniversary of the tax-deferred, like-kind exchange, the Delaware Statutory Trust (DST), has emerged as a popular tool for investors to leverage its benefits. Showing resilience during economic downturns, DSTs have even taken advantage of the unique economic landscape created by the Covid-19 pandemic.
With investment volumes in 1031 products approaching all-time highs, more sponsors, recognizing the industry’s maturity, are entering the space. According to Mountain Dell Consulting, a leading data aggregator for alternative investments, 40 sponsors currently offer 1031 investments which have posted $3.2 billion in new investment volume in 2020, approaching the record $3.65 billion in 2006.
