DST sponsors
AEI Capital
AEI Capital Corporation is a Saint Paul, Minnesota real estate investment firm that sponsors debt-free net-leased property offerings for high net worth individuals, family offices, and institutions. Its holdings concentrate on healthcare and retail assets leased to what the firm describes as creditworthy tenants under long-term net leases.
Investors reach AEI through two routes. Private funds aggregate net-leased assets in sectors where the firm invests directly, including health systems, select life-sciences tenants, and essential retail operators. Separately, AEI structures 1031 exchange offerings, using net-leased commercial property as replacement property for owners selling other investment real estate.
AEI was founded in 1970 and says it has offered more than 110 1031 exchange programs over its history, and that it was among the first asset management firms in America to obtain a favorable IRS private letter ruling on 1031 exchanges. Its preference is for leases where taxes, maintenance, and insurance are tenant obligations.
Offerings are sold through financial professionals and are restricted to accredited investors, with investor services reached at the firm's Saint Paul office. Specific offering terms, tenant credit, lease duration, and repurchase provisions differ by program and have to be read in the offering documents.
Best for
Accredited 1031 exchangers who want passive, debt-free net-lease replacement property in retail or medical rather than another operating asset. Investors who want leverage inside the structure, or who are not accredited, are outside the fit.
What they do
- Debt-free net-lease 1031 exchange offerings
- Delaware Statutory Trust (DST) programs
- Private net-lease income funds
- Joint venture investment programs
- Net-lease property acquisition and underwriting
- Asset management of net-leased property
- Investor services and recordkeeping
Details
| Attribute | Value |
|---|---|
| Founded | 1970 |
What stands out
- Founded in 1970 and based in Saint Paul, Minnesota.
- States it has offered more than 110 separate 1031 exchange offerings over the firm's history.
- Says it was one of the first asset management firms in America to obtain a favorable IRS private letter ruling on 1031 exchanges.
- Invests without debt on the properties, concentrating in healthcare and essential retail net-leased assets.