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For investors

The 1031 replacement property with nothing to manage.

Selling a building you are tired of operating? Fee land under a 99-year ground lease is like-kind real property: contracted rent, fixed 2% annual increases plus periodic CPI resets, and no tenants, toilets, or turnover at your layer of the stack. We originate these positions and sell whole fee interests to individual investors.

Trade the headaches, keep the real estate.
99 yrs
Of contracted, escalating ground rent
·
3–4×
Building income covers the rent before your position is in question
·
Whole fee
You own the land directly — your name or entity, like-kind real property
This is direct ownership of real property — not a fund, not a security. Your qualified intermediary runs the exchange mechanics; we supply the real estate. Positions on the smaller end of our origination book run $1M to $5M, and larger positions are regularly available.
Why the paper is safe

What you actually own.

Every ground lease we originate is built to the same institutional standard: unsubordinated (no mortgage ever primes your land), absolute net (the tenant pays everything), rent sized at 25–30% of the property's income, fixed 2% annual escalations with a CPI-based reset every 10 years, and no fair-market-value resets — the rent never depends on an appraiser's opinion. If the building's owner ever walks away, the land — and everything attached to it — is yours.

Questions, answered

FAQ.

Is a ground lease fee interest really like-kind for my 1031?

Fee ownership of land subject to a long-term lease is real property, and exchanges into leased-fee positions are routine. Your qualified intermediary and tax counsel confirm your specific exchange; we are a principal, not an advisor.

What about the 45-day identification window?

Tell us your closing timeline early. Identifying a specific parcel with a signed lease in place is exactly the kind of concrete, closable replacement property the 45-day rule rewards.

What yield should I expect?

Ground rents price off the quality and coverage of the position rather than a posted rate. Ask us about current originations and we will show you real paper with the rent, the coverage, and the escalations.

Get your number

Planning a sale?

Tell us your timeline and check size. We will show you actual positions, with the lease, the coverage math, and the escalation schedule.

Email us the property