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DST-721

721 Exchange
(UPREIT)

Convert DST Interests Into REIT OP Units — Tax Deferred

Learn More

Featured 721-DST Products

Explore UPREIT opportunities with curated DST-to-REIT conversion strategies for accredited investors.

Brookfield
INDUSTRIAL

BREX Net Lease Industrial I DST

Everett, MA

96%Available
Asset Type
INDUSTRIAL
Minimum
$100,000
Financial Projections
Current Income
6.1%
Hines
Multifamily

HREX 9 DST

Coral Gables, FL

42%Available
Asset Type
Multifamily
Minimum
$250,000
Financial Projections
Current Income
3.76%

The 1031 Exchange Timeline

A 1031 Exchange provides just 45 days to identify replacement property. Stax streamlines due diligence and transactional coordination to help you navigate deadlines and preserve potential tax advantages.

  1. Day 1Sale property or 1031 downleg transaction closed
  2. Day 45Identify replacement properties
  3. Day 180Deadline to complete the exchange
Stax AI

Advanced Due-Diligence
Supported by AI

Disciplined Screening

Proprietary AI framework applied to every DST ensuring consistent deal evaluation.

Robust Risk Modeling

Advanced scenario analysis validates assumptions and pressure-tests outcomes.

Data-Driven Clarity

Python-supported analytics distill complex market and property data into clear, decision-ready insights.

Elevated Confidence

A rigorous, AI-enhanced due-diligence process delivers consistency, transparency, and a higher level of conviction.

How the 721 Exchange Process Works

Consultant presenting 1031 exchange timeline on whiteboard
  1. Speak With a 721 Specialist

    Speak with specialists who assess your goals and explain both the opportunities and risks of investing in DST and 721 Investments.

  2. Review Curated 721 Offerings

    Review thoroughly vetted real estate offerings. DST Investments streamline and de-risk the 1031 Exchange process.

  3. Roll Into the UPREIT

    Close your 1031 exchange smoothly with reduced risk of delays, but understand that all investments involve potential losses.

  4. Hold OP Units & Receive Distributions

    DST properties offer income distributions and may deliver tax efficiencies through depreciation.

DST 721 UPRET guide cover

Download the DST 721 UPRET Guide

Download the resources that suit your needs and start building your wealth through tax-deferred strategies.

Download 721 Guide

Strength in Numbers

200+Investment Programs
700M+Platform Transaction VOL
3T+Sponsor AUM
40+Years Industry Experience

Designed for Tax-Deferred Transition

Tax Deferral

May allow investors to defer capital gains through sequential 1031 and 721 exchanges, preserving more investable capital.

Diversification

Enables transition from single‑asset ownership into diversified portfolios via DSTs and professionally managed REITs.

Liquidity Paths

UPREIT units may offer greater liquidity than direct ownership and, in some cases, convert into publicly traded REIT shares.

Estate Planning

UPREIT units or REIT shares can simplify estate transfers and may be eligible for a step‑up in basis for heirs.

FAQ's

A 721 Exchange, also called an UPREIT contribution, allows an investor to contribute real-estate or DST interests into a REIT's operating partnership in exchange for OP units on a tax-deferred basis.