Syndicated Equities
Syndicated Equities is a Chicago private real estate firm with a 40-year history, distinguished by strength in government/GSA-leased and credit-tenant net-lease assets and by its global 'Access Funds' fund-of-funds…
Baker 1031 Investments is an independent broker-dealer representative and is not affiliated with, endorsed by, or sponsored by Syndicated Equities. This page is Baker 1031’s own research profile of the sponsor. Syndicated Equities and its logo are trademarks of their respective owner, used here for identification only.
Syndicated Equities Overview
Syndicated Equities is a Chicago private real estate firm with a 40-year history, distinguished by strength in government/GSA-leased and credit-tenant net-lease assets and by its global 'Access Funds' fund-of-funds vehicles. Citing roughly $2 billion in asset value, $600 million in equity and more than $4 billion acquired over its lifetime, the firm has returned $750 million-plus to investors and built multi-decade repeat relationships. The government-credit net-lease specialization is among the most defensive available, and the fund-of-funds capability adds an institutional dimension uncommon at its size.
Syndicated Equities Strategies & Advantages
- Strong in government/GSA-leased and credit-tenant net lease, among the most defensive profiles.
- Brings a 40-year operating history, deep seasoning for a private firm.
- Operates global 'Access Funds' fund-of-funds vehicles, an institutional capability uncommon at its size.
- Has returned $750M+ to investors over its history.
- Maintains multi-decade repeat relationships; manages ~$2 billion in asset value.
Syndicated Equities Track Record
Syndicated Equities has 79 full-cycle programs in the Baker 1031 dataset, averaging 1.90% annual return, a 1.36x average equity multiple, and a 7.6-year average hold.
| Investment | Location | Asset Class | Hold | Equity Multiple | Annual Return |
|---|---|---|---|---|---|
| 11 Stanwix | Pittsburgh, PA | — | 7.51 | 0.28x | -15.60% |
| 1501 Jackson | Omaha, NE | — | 8.78 | 0.28x | -13.50% |
| 2215 Sanders Road | Northbrook, IL | — | 10.21 | 0.18x | -15.46% |
| 309 Green Street | Champaign, IL | — | 1.87 | 1.30x | 15.04% |
| 400 Skokie Blvd. | Northbrook, IL | — | 7.36 | 0.15x | -22.72% |
| 840 1st Street | Washington, DC | — | 1.56 | 1.41x | 24.73% |
| Abbott Labs Bio-Medical Portfolio | Minnetonka, MN | — | 5.06 | 2.35x | 18.40% |
| Arlington Highlands Retail Center | Arlington, TX | — | 3.12 | 1.50x | 13.87% |
| Boot Ranch Apartment | Tampa, FL | — | 4.31 | 1.79x | 14.47% |
| Courtland Center | Burton, MI | — | 10.23 | 0.39x | -8.79% |
| Cranberry Square | Pittsburgh, PA | — | 4.54 | 1.69x | 12.25% |
| Curtis Hotel | Denver, CO | — | 2.75 | 1.44x | 14.16% |
| Customs & Border Patrol | Atlanta, GA | — | 6.77 | 1.95x | 10.37% |
| CVS | Weeki Wachee, FL | — | 10.04 | 2.21x | 8.22% |
| DoubleTree & Embassy Suites | Rosemont, IL | — | 1.99 | 0.32x | -43.63% |
| Fashion Outlet Center | Las Vegas, NV | — | 3.43 | 0.19x | -38.42% |
| Fashion Outlet Center | Rosemont, IL | — | 5.67 | 3.97x | 27.51% |
| Flatiron Athletic Club | Broomfield, CO | — | 13.64 | 0.22x | -10.51% |
| Four Seasons Hotel | Austin, TX | — | 5.86 | 1.94x | 11.96% |
| Henry Ford Health – OptimEyes | Southfield, MI | — | 4.82 | 1.55x | 9.52% |
| Holiday Inn | New Orleans, LA | — | 6.33 | 0.30x | -17.31% |
| Johns Hopkins Applied Physics Lab | Laurel, MD | — | 11.66 | 1.95x | 5.89% |
| Le Meridien Hotel | Chicago, IL | — | 1 | 1.69x | 68.58% |
| Legacy at Acworth | Acworth, GA | — | 3.91 | 1.54x | 11.69% |
| Marriott Courtyard | Indianapolis, IN | — | 3.37 | 0.07x | -54.60% |
| Marriott Courtyard | West Des Moines, IA | — | 3.94 | 0.12x | -41.62% |
| Marriott Fairfield Inn | Milwaukee, WI | — | 4.67 | 0.08x | -41.79% |
| Marriott Residence Inn | Alexandria, VA | — | 10.08 | 0.87x | -1.37% |
| Marriott TownePlace Suites | Indianapolis, IN | — | 5.96 | 0.45x | -12.54% |
| Mars Petcare | Columbus, OH | — | 4.55 | 1.69x | 12.22% |
| Merit Medical | Pearland, TX | — | 4.54 | 1.94x | 15.70% |
| Metropolitan Place Retail | Chicago, IL | — | 9 | 1.78x | 6.62% |
| National Archives & Records | Riverside, CA | — | 10.1 | 1.41x | 3.46% |
| National Fire & Resource | Tucson, AZ | — | 10.05 | 1.56x | 4.52% |
| NorthShore University HealthSystem | Bannockburn, IL | — | 9.33 | 1.83x | 6.70% |
| Norwalk Office Building | Norwalk, CA | — | 15 | 1.26x | 1.55% |
| Plaza at the Pointe | Pittsburgh, PA | — | 5.6 | 1.71x | 10.05% |
| Pointe Plaza Shopping Center | Niles, IL | — | 2.49 | 1.17x | 6.50% |
| Public Square Garage | Nashville, TN | — | 9.26 | 0.39x | -9.66% |
| Ravinia Plaza Shopping Center | Orland Park, IL | — | 3.12 | 1.31x | 9.05% |
| Retail Shopping Centers | Indiana & Kentucky | — | 8.08 | 0.32x | -13.15% |
| Rio 21 and Texan 28 (UT) | Austin, TX | — | 8.12 | 0.92x | -1.02% |
| Rite Aid | Youngstown, OH | — | 16.01 | 2.60x | 6.15% |
| River North Retail Development | Chicago, IL | — | 6.91 | 1.21x | 2.80% |
| Riverstone Apartments | Kansas City, MO | — | 3.29 | 1.50x | 13.12% |
| Rush-Copley | Aurora, IL | — | 9.82 | 0.42x | -8.45% |
| Sears Sterling | Lombard, IL | — | 15.23 | 3.11x | 7.74% |
| Severance Town Center | Cleveland Heights, OH | — | 11.75 | 0.58x | -4.53% |
| Shops of Beverly | Beverly, IL | — | 11.61 | 0.56x | -4.87% |
| Social Security Administration | Worthington, OH | — | 12.65 | 1.36x | 2.46% |
| Social Security Administration | Aurora, IL | — | 12.59 | 1.40x | 2.71% |
| Social Security Administration | Whitehall, OH | — | 12.87 | 1.51x | 3.25% |
| Social Security Administration | Valparaiso, IN | — | 12.98 | 1.20x | 1.41% |
| Social Security Administration | Fort Smith, AR | — | 12.22 | 1.57x | 3.76% |
| Social Security Administration | Indianapolis, IN | — | 12.82 | 1.25x | 1.76% |
| Social Security Administration | Fort Wayne, IN | — | 12.66 | 1.53x | 3.42% |
| Staybridge Suites | Mayfield, OH | — | 5.43 | 0.14x | -30.36% |
| Stone Falls of Ada | Ada, MI | — | 3.67 | 1.92x | 19.48% |
| Student Housing Development | Ottawa, Canada | — | 2.4 | 1.36x | 13.70% |
| Student Housing Development | Carbondale, IL | — | 1.31 | 1.13x | 9.81% |
| The Vista & Willow Creek | Portage and Battle Creek, MI | — | 2.21 | 1.19x | 8.20% |
| Timber Hollow Apartments | Fairfield, OH | — | 4.95 | 1.47x | 8.10% |
| Two Park Office Building | Milwaukee, WI | — | 2.57 | 1.02x | 0.77% |
| United Healthcare Portfolio | Las Vegas, NV | — | 5.75 | 1.48x | 7.05% |
| Volkswagen Distribution Facility | Libertyville, IL | — | 8.32 | 1.45x | 4.57% |
| Walgreens | Alexandria, MN | — | 5.05 | 1.44x | 7.48% |
| Walgreens | Chicago, IL | — | 11.01 | 2.14x | 7.15% |
| Walgreens | Darien, IL | — | 12.12 | 1.78x | 4.87% |
| Walgreens | Del City, OK | — | 24.33 | 5.59x | 7.33% |
| Walgreens | Chicago Heights, IL | — | 9.93 | 1.72x | 5.61% |
| Walgreens | Hickory Hills, IL | — | 4.63 | 1.68x | 11.85% |
| Walgreens | Pueblo, CO | — | 10.06 | 1.96x | 6.92% |
| Walgreens | Amarillo, TX | — | 9.77 | 1.79x | 6.14% |
| Walgreens | Clarkston, MI | — | 9.87 | 1.99x | 7.22% |
| Walgreens Center | Sullivan, MO | — | 9.31 | 0.90x | -1.12% |
| Walker House Apartments | Gaithersburg, MD | — | 3.86 | 1.62x | 13.32% |
| Webster Place Shopping Center | Chicago, IL | — | 13.6 | 1.68x | 3.89% |
| Wells Place Apartment Development | Chicago, IL | — | 3.4 | 1.33x | 8.74% |
| West Loop Multifamily Development | Chicago, IL | — | 6.6 | 1.57x | 7.08% |
Figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. “Preferred” is Baker’s internal designation, not a rating or endorsement.
Current Syndicated Equities 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.
