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…

Assets Under Mgmt
$30.0B
Full-Cycle Deals
0
Year Founded
2010
Headquarters
Torrance, CA

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.

Key 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.

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 offerings from this sponsor

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.