A property list is useful only when the choices can solve the sale objective and realistically close inside the exchange calendar.
Start with a replacement brief
The brief should identify the expected equity, debt, target income, preferred markets, management capacity, asset types, financing constraints, and the date each candidate must be ready to close.
- Direct property in Memphis or another market
- Single-tenant or net-lease real estate
- Professionally managed DST interests
- Primary and backup candidates
Compare every option on the same terms
Control, workload, tenant exposure, financing, liquidity, concentration, fees, sponsor risk, property risk, and closing feasibility should be visible before a candidate reaches the formal identification list.
Current DST information
DST inventory changes. Some offerings may accept investments around $100,000, but availability, projected income, leverage, fees, risks, eligibility, and suitability vary. Private offerings require licensed-professional and offering-document review.
A property list is the start
Title, leases, condition, environmental review, insurance, financing, sponsor documents, entity structure, and advisor questions still determine whether an option belongs in the exchange.
Request the current property and DST list.
Share the Memphis sale and the outcome the owner wants. The follow-up can focus on current options that fit the actual exchange.