Urban Catalyst Launches Its First Delaware Statutory Trust

A Leading Private Real Estate Fund Manager rolls out URBAN CATALYST INDUSTRIAL I, DST, a $9.8 million Delaware Statutory Trust investing into a strategically located industrial property in Dallas

SAN JOSE, Calif.--(BUSINESS WIRE)--Urban Catalyst, a leading private real estate fund manager, has broadened its family of fund offerings to include Delaware Statutory Trusts (DSTs), it was announced today. The firm’s latest fund offering is the URBAN CATALYST INDUSTRIAL I, DST, a $9.8 million DST investing in a strategically located industrial property in Dallas, Texas. Urban Catalyst specializes in private equity investments in existing income producing properties and ground up development projects.

A Delaware Statutory Trust provides investors who plan on selling or have recently sold a real estate property with the same potential tax advantages of a 1031 exchange. With a 1031 exchange an investor may defer capital gains on the sale of a property, potentially generate passive monthly income and gain access to institutional quality property and professional management. This “turn-key” solution to a 1031 exchange has been very popular with investors over the past few years.

“DSTs are a natural evolution for us,” said Erik Hayden, founder of Urban Catalyst. “We have professionally owned and managed portfolios of existing income producing properties for many years. DSTs give our investors access to our experience and to quality real estate with 1031 tax advantages.”

An OZ Fund Leader

Urban Catalyst brings a deep and experienced management team to the establishment of the new trust. The company is a major investor in downtown San Jose, California through its first Opportunity Zone Fund, which closed in December 2020 with $131 million, and its Opportunity Zone Fund II, a $200 million offering currently open to investors. Urban Catalyst projects include multifamily (Icon/Echo), student housing (The Mark), senior living (Gifford Place), and offices and entertainment venues (Paseo).

About Urban Catalyst

Urban Catalyst is both a fund manager and real estate developer with decades of experience in ground-up development and the ownership and management of stabilized income-producing assets. Our team members have strong relationships with property owners, developers, and financial institutions.

Urban Catalyst’s home market, San Jose, was recently named the #1 city in the U.S. for attracting innovation-oriented industries by the real estate services firm JLL and has been recognized as the #1 region in the country poised for post-pandemic recovery by Bloomberg.

For more information, visit urbancatalyst.com.