Can you help with 1031 exchanges?
Yes, we can most certainly help with your exchange. The vast majority of our clients choose to do a 1031exchange when they sell their investment property. We have successfully completed hundreds of exchanges, and we would be delighted to assist you.
I want to find out what my property is worth, can you help me with that?
We are pleased to offer free pricing evaluations with quick turn-around. Our detailed pricing analysis includes on market data, recently sold data, area overviews and much more to give you a comprehensive value of your investment asset in today’s market.
I’m looking to buy a triple net but don’t know where to start?
Contact one of our investment advisors who will help narrow down your goals and choose a property that compliments your investment strategy.
I received an email about a property for sale, who do I contact?
On the email you received there should be the listing broker’s contact information. If you can’t find the email simply navigate to our listings section and find the property you are interested in. On the right hand side the broker’s contact information will be listed.
I am a broker with a client in exchange, is there a way to see your entire inventory?
Our listings section has our entire available inventory and each item is properly tagged with the status of the listing. If you wish to download our entire inventory you may do so on the listings search page. On the top right you will see a button labeled export inventory. This will export to PDF. You can choose to only export a custom search or the entire database. Please note you must be logged in to download the PDF.
Are there properties available in addition to what is on the site?
Each and every one of our investment advisors has access to off-market inventory. You would need to speak with the investment advisors to find out more about additional opportunities. If there is a specific product you are looking for we can set you up with an advisor who will target that asset for you, just note this may take a little bit of time.
How do I make an offer on a property I found on this site?
Once you are on the property specific page you will see a sidebar to the right. In the sidebar you will see a button referencing an LOI form. This will enable you to fill out and submit an offer directly on our site. (an industry first). If you have your own LOI form that you wish to use you can email it directly to info [at] signnn.com
I’m looking to hire a broker what should I do?
If you are currently engaged in communication with one of our investment advisors we strongly encourage you to continue working with that person. If you have not been in contact with anyone at SIG we encourage you to contact info [at] signnn.com and we will assist you.
What is an OM?
An Offering Memorandum or (OM) is a package that is uniquely prepared for each property. It is a comprehensive breakdown of the particular investment that contains but is not limited to: area overview, investment summary, financials, lease abstract, demographic analysis as well as photos of the property being marketed. This package is sent to interested parties upon their request in order for them to be able to make informed decisions regarding the acquisition of the asset.
How can I create an account so I can view the OM’s?
In the footer of our website you will see a link for account login, you will be taken to page where you may login or create a new account. Creating a new account is easy and we don’t require a long list of personal information in order to get started.
I want to sign up and receive property updates, how can I do that?
On the listings page you will see a contact form where you can enter your name and email to be added to the list. You can unsubscribe at any time.
I would like to discuss the possibility of listing my property with SIG, who do I contact?
If you have used one of our advisors before, simply contact that broker and they can help you with your property. If you have never communicated with anyone at SIG in the past please contact info [at] signnn.com and we will put you in contact with the most appropriate net lease advisor.
What is a 1031 exchange?
Refers to section 1031 of the Internal Revenue Code whereby the tax on the effective gain resulting from the sale of an investment property can be postponed if you reinvest the proceeds in a like-kind exchange.
According to the IRS website, “Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free. The exchange can include like-kind property exclusively or it can include like-kind property along with cash, liabilities and property that are not like-kind. If you receive cash, relief from debt, or property that is not like-kind, however, you may trigger some taxable gain in the year of the exchange. There can be both deferred and recognized gain in the same transaction when a taxpayer exchanges for like-kind property of lesser value.” You can read more at: IRC Section 1031.
Can you help with financing or loans?
We do not handle financing in-house, however we can refer you to companies we have worked with in the past that are very knowledgeable when it comes to commercial lending. Please send us an email to info [at] signnn.com and we will respond promptly.
How is SIG different from other commercial brokerages?
SIG has taken a truly innovative sector-specific approach to an increasingly popular asset class. The net lease arena has grown by leaps and bounds and has become a desired asset class among wealth management, private equity, institutional investors and commercial real estate investors alike.
What is the difference between NN, NNN, Ground Lease and Absolute Triple Net?
These are acronyms for the different lease types that are prevalent throughout the net lease arena. Net lease is a popular asset class among investors because of the limited landlord responsibilities. Real Estate ownership has always been synonymous with management headaches, property maintenance issues, and evictions to name a few. The simplicity of net lease coupled with high and stable returns makes for a truly desirable investment vehicle.
- Double Net Lease – (NN) refers to a lease wherein tenant pays for taxes, insurance, maintenance, CAM charges and the Landlord is responsible for roof and structure.
- Triple Net – (NNN) refers to a lease wherein the tenant is responsible for taxes, insurance, maintenance, CAM charges as well as roof and structure (zero landlord responsibilities).
- Ground Lease – (NNNGL) refers to a lease wherein the tenant is responsible for taxes, insurance, maintenance, CAM charges as well as roof and structure, but during the lease term the building is owned by the tenant, the tenant simply ‘‘leases the ground.’’ Upon termination of the lease, the building reverts back to the landlord.