Sponsor Profile

Kay Properties

Torrance, CA · Founded 2010 · kpi1031.com · Reviewed July 2026

Kay Properties & Investments is the largest independent DST marketplace, founded in 2010 by Dwight Kay, aggregating offerings from 25-plus sponsors alongside custom 'Kay-only' debt-free DSTs and an unusual secondary…

Baker 1031 Investments is an independent broker-dealer representative and is not affiliated with, endorsed by, or sponsored by Kay Properties. This page is Baker 1031’s own research profile of the sponsor. Kay Properties and its logo are trademarks of their respective owner, used here for identification only.

Assets Under Mgmt
$30B
Year Founded
2010
Headquarters
Torrance, CA

Kay Properties Overview

Kay Properties & Investments is the largest independent DST marketplace, founded in 2010 by Dwight Kay, aggregating offerings from 25-plus sponsors alongside custom 'Kay-only' debt-free DSTs and an unusual secondary market for DST interests. The platform's scale shows in its record 2021 placement of roughly $610 million in equity—up nearly 50% year over year—and in a cumulative volume that it frames as participation in more than $30 billion of DST 1031 investments. Its differentiation is curation, custom structuring and investor education rather than balance-sheet sponsorship; the firm sits between investors and sponsors as the category's leading distribution and advisory hub.

Kay Properties Strategies & Advantages

  • Operates the largest independent DST marketplace, aggregating 25+ sponsors, distribution scale single sponsors lack.
  • Structures custom, debt-free 'Kay-only' DSTs unavailable elsewhere.
  • Placed a record ~$610 million in equity in 2021, up nearly 50% year over year.
  • Runs a secondary market for DST interests, a rare liquidity feature.
  • Has participated in $30B+ of DST 1031 investments cumulatively with a robust education platform.
These describe the sponsor’s approach and potential advantages only, and should be weighed against the risks common to DST investments — illiquidity, loss of principal, and no guaranteed distributions. Full risk factors are in each offering’s Private Placement Memorandum.

Kay Properties Track Record

Baker 1031 does not yet have full-cycle, deal-by-deal results for Kay Properties in its dataset. Aggregate figures above, where shown, are sponsor-reported and not independently verified. Past performance does not guarantee future results.

Current Kay Properties Offerings

Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →

Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →

Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.

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