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Kingsbarn Secures City Council Approval For Terravita Residential Development in Laguna Hills

18.5-Acre Former Office Campus Re-Entitled for 480 Residential Units

City of Tustin Approves Entitlements for Kingsbarn's Cypress Grove Residential Community

The community is being designed to serve first-time homebuyers and first-time move-up buyers, with pricing expected to be positioned at market-rate levels.

A Delaware Statutory Trust (DST) is a legal structure that allows multiple investors to hold fractional ownership interests in institutional-quality real estate. Investors participate in the income, appreciation, and tax benefits of the underlying property based on their proportional investment. DSTs are commonly used in 1031 exchanges because they are structured to meet IRS “like-kind” property requirements, allowing investors to reinvest proceeds from the sale of real estate and potentially defer capital gains taxes, subject to applicable rules and timelines.

Explore Current DST Opportunities

Current Offerings

Louie Goros

MANAGING DIRECTOR & HEAD OF DISTRIBUTION

Louie Goros leverages his brokerage background and extensive knowledge of commercial real estate to provide his clients with structured real estate investments through Kingsbarn’s diversified investment programs.

Prior to joining Kingsbarn, Louie helped lead a large brokerage team at Marcus & Millichap with over $400,000,000 in transaction volume. There, he specialized in acquisitions and dispositions of multifamily apartment buildings in San Diego County and facilitation of 1031 exchanges. During Louie’s career in brokerage, he represented a wide range of investors, helping them create and preserve wealth through investment sales and advisory services.

Louie proudly served in the United States Marine Corps with 1st Reconnaissance Battalion at Camp Pendleton, CA. Following his honorable discharge from the military, Louie went on to obtain a Bachelor of Science degree in Business with a concentration in small business management and entrepreneurship from the University of Phoenix.

Outside of the office, Louie enjoys staying fit and spending time with his wife, Brogan, and two-year old daughter, Taya.

Office: 424.343.9000
E-mail Louie

Michael Corbett

INVESTMENT ASSOCIATE

Office: 562.452.9000
E-mail Michael

Reina Evans

EXECUTIVE ASSISTANT

Office: 562.452.9000
E-mail Reina

Jacob Hastings

INVESTMENT ASSOCIATE

Office: 562.452.9000
E-mail Jacob

Van Sakbun

INVESTMENT ASSOCIATE

Office: 415.879.9000
E-mail Van

Jonathan Pegram

INVESTMENT ASSOCIATE

Office: 415.879.9000
E-mail Jonathan

DOWNLOAD INVESTMENT SUMMARY

Pre-vetted Properties

READY-TO-INVEST. FULLY VETTED.

Investors wishing to perform a 1031 exchange for tax purposes have a short window of only 45 days to identify three potential exchange properties. It can be difficult for individual investors to perform thorough investigations on their own, let alone within the ID timeframes allowed under 1031 regulations. The implications of “going down the road” — investigating a property during the ID period — only to ultimately uncover things about the property you didn’t know or didn’t like, can make the exchange process potentially precarious. With a DST property, the purchasing process commences with an abundance of information at your fingertips. The Sponsor provides financial information about the DST property(ies) which typically includes leases, appraisals, property condition reports, and financial projections. Having access to information early in the process allows you to make investment decisions without undue pressure.   

Enjoy All the Tax Benefits of Real Estate Ownership

DIRECT OWNERSHIP. TAX-ADVANTAGED INCOME.

DST Investors have direct ownership in the real estate through a Trust Agreement with the Trust. The benefits of direct ownership in the real estate, such as mortgage interest deductions and depreciation, flow through to the individual investors on a pro rata basis. Investors can, therefore, reduce their individual tax liability on the distributions they receive from their DST interests.

Low Minimums

REDUCED MINIMUMS. INCREASED FLEXIBILITY

Because a DST Private Placement Offering is allowed by the IRS to have up to 499 investors, the minimum investment amounts are typically much lower than if an investor were to individually purchase a solely-owned property. Most of our DST investments have a minimum equity investment requirement of just $100,000, which makes it easy for DST investors to diversify their portfolio. 

No Add-On Costs

NO HIDDEN FEES. COMPLETE TRANSPARENCY.

All transaction costs are included in the total DST offering price. Costs for legal, financing, title, escrow, appraisals, third-party reports, commissions, loan reserves, and closing costs are part of the total DST offering price.

Defer Capital Gains Taxes Indefinitely

DEFER TAXES. COMPOUND WEALTH.

Investing in DST properties, unlike a 721 Exchange (UPREIT), allows investors to continue to exchange properties over and over again until the investor’s death. Upon the death of the investor, under current tax laws, the heir(s) receive a “step up” in basis, thereby avoiding capital gains taxes on the original exchange, as well as all subsequent property exchanges.

1031 Exchange Protection 

MEET DEADLINES. PRESERVE YOUR EXCHANGE.

The 45-day “Identification” or “ID” period is a very short window for most 1031 exchange investors to find and nominate quality 1031 exchange replacement properties. Because DST investments are already acquired and ready for an investor’s exchange, the closing process into the DST can take as little as three business days. For those investors who are ready to exchange into the DST upon their close of escrow, this expedited closing process greatly reduces the risk of missing the IRS exchange deadlines (45-day ID period and 180-day total exchange period). For those investors who are nearing the end of their 45-day ID period and have not yet found an investment property to their liking, the DST can offer an immediate and simplified solution. For this reason, DSTs also make great “back-up properties”… in other words, using a DST as one of your nominations in case of a problem with a sole-property nomination.

Diversification Strategy

DIVERSIFY RISK. EXPAND OPPORTUNITY.

Financial advisors utilize diversification as a strategy to reduce investment risk. DST investing can provide the same opportunity to real estate investors due to the low minimum investment requirements. This allows investors to easily make multiple, smaller investments rather than purchasing a single, solely-owned property. It can be a daunting task for individual investors to make multiple property purchases on their own while meeting all the timing requirements under Section 1031 of the Internal Revenue Code. 

Higher-Value Properties

AGGREGATED EQUITY. ENHANCED BUYING POWER.

A DST is a “pooled-equity” investment that allows investors to collectively purchase a property of higher value by aggregating their equity together. More combined equity means more buying power, and with that comes the opportunity to purchase properties that might otherwise be out of a single investor’s reach. These higher-valued properties may also be more attractive and better suited to an investor’s individual preferences.   

An Estate Planning Tool

SIMPLIFIED TRANSFER. FLEXIBLE OUTCOMES.

As investors begin to think about bequeathing investments to their heirs, real estate investments can be tricky, especially if the heirs are not experienced in owning and managing commercial real estate. We all want the transition to be as easy for our heirs as possible. DST investing eliminates the opportunity for heirs to argue over what to do with inherited investment property. Heirs may receive distributions on a pro rata basis and, upon the sale of the DST investment, each heir may individually choose what to do with his or her inherited portion of any proceeds. For example, one heir can continue to exchange property interests, while another may sell and receive cash proceeds. 

Ease of Financing 
(Debt Replacement in a 1031 Exchange)

NON-RECOURSE STRUCTURE. INVESTOR PROTECTION.

The first mortgage for the DST property is obtained by the Sponsor and is recorded on the property prior to the investors taking ownership of the DST. DST investors are allocated their portion of the debt based on their pro rata share of ownership interests. The DST eliminates the need for investors to obtain individual financing on their own, as the DST is the sole borrower. Many DST investors appreciate having “in-place” financing that is set and secured with established fixed rates and terms.

No Personal Liability

NON-RECOURSE STRUCTURE. INVESTOR PROTECTION.

The debt financing for each property is non-recourse to the DST investors. The Sponsor is the guarantor of all recourse obligations under the loan agreement. DST investors have no liability to their personal assets due to the bankruptcy-remote provisions of the DST. These provisions provide that any potential creditors of the Trust, including the lender, are prohibited from reaching any of the DST investors’ individual or other assets. Additionally, because an LLC is not required to hold the DST interests, investors do not have to incur annual state filings and the fees associated therewith.

Freedom From Management Responsibilities

PASSIVE OWNERSHIP. PROFESSIONAL MANAGEMENT

Our DSTs are managed by professional, third-party firms. For investors transitioning from actively managing properties to passive ownership, our ownership structure alleviates the burden of day-to-day management and replaces it with the freedom of time for travel and leisure. Ownership distributions from cash flow are paid monthly. Investors receive monthly operating reports and a year-end tax package directly from the management firm.

Steven Adams

FIRST VP, LOS ANGELES & BEACH CITIES

First Vice President for Kingsbarn, Steven Adams utilizes his experience with brokerage and in-depth market knowledge to advise clients on investment opportunities through Kingsbarn’s active offerings. He is a United States Marine Corps veteran who served four years of active duty with First Battalion, Seventh Marines as a Ground Intelligence Officer. He has worked with a diverse group of individuals hailing from a multitude of different countries. Steven thrives in uncertain environments and finds a path to success in the absence of standard operating procedures. He continues to utilize the traits he adapted in the military to provide exceptional service to his clients. Steven is from Brooklyn, New York and graduated from Rutgers University with a double major in Political Science and Criminal Justice. A family-oriented individual whose father was a Sergeant in the NYPD, Steven prides himself on loyalty, integrity, and humility. Due to Steven’s high standard of performance at his previous position, he received Marcus & Millichap’s Pace Setter Award December of 2022.

Office: 424.343.9000
E-mail Steven

Anthony Goros

REGIONAL VP, NORTHERN CALIFORNIA

Anthony is a highly accomplished real estate professional with a proven track record in the commercial real estate industry. He has extensive experience in sales, leasing, and asset management, making him a trusted advisor to clients looking to optimize their real estate portfolios.

Anthony comes to Kingsbarn having worked at Pacific Coast Commercial, one of the largest independent commercial real estate brokerage firms in southern California. Anthony led his team in the sales and leasing of investment properties throughout San Diego County, and now draws upon this experience to provide a unique, full-service approach to helping clients surpass their investment goals and better manage their real estate portfolios.

Anthony earned his B.S. in Business Management with honors from San Diego State University, where he developed a strong foundation in finance, marketing, and strategic planning. Apart from his professional life, Anthony is actively involved in his community, participating in local nonprofit organizations. He enjoys outdoor activities, including hiking, fishing, and golfing.

Office: 650.782.3304
E-mail Anthony

Matt Ayer

REGIONAL VP, ORANGE COUNTY

Mr. Ayer has been responsible for raising over $100M over the past five years for Kingsbarn’s various investment programs. Mr. Ayer is a 24-year commercial real estate executive who has enjoyed success both an an entrepreneur and as a commercial broker. Prior to joining Kingsbarn, Mr. Ayer founded Equity Capital Partners where he purchased 92 non-performing and sub-performing loans over a four-year period in which he was able to restructure and/or recapitalize all of the purchased notes. Before the great recession, Mr. Ayer was a highly successful commercial broker starting out with Marcus & Millichap and then with Re/Max Commercial. In 2006 Mr. Ayer was the number 4 broker at Re/Max worldwide. Mr. Ayer graduated from the University of Oregon in 1996 with degrees in Business Administration and Psychology.

Office: 562.452.9000
E-mail Matt