Origin Investments Makes First Delaware Statutory Trust/1031 Exchange Acquisition of The Starling

  • 9/6/2024

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Origin Investments has completed its first Delaware Statutory Trust (DST) acquisition as part of its newly launched Origin Exchange investment program. Origin purchased The Starling, a 300-unit multifamily community developed in 2022, in northeast suburban Dallas.

The Starling DST was 65% reserved prior to closing which, according to Origin, shows that the mechanics of the DST process are working.

“We are excited to kick off our Origin Exchange program with an acquisition of this caliber,” said Michael O’Shea, vice president, Origin Exchange. “This institutional-quality property meets the demands of 1031 exchange investors seeking to transition out of active management and into a professionally managed asset that maximizes long-term investment returns.”

Origin Investments
Michael O'Shea, CFA | VP-Origin Exchange

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