Corcapa 1031 Advisors Represents Southern California Investor in $17 Million 1031 Exchange into 14 Alternative Real Estate Investments
March 23, 2026 PR Newswire COSTA MESA, Calif., March 23, 2026 /PRNewswire/ -- Corcapa 1031 Advisors announced today it structured and advised on an approximately $17 million 1031 exchange with a partial reverse exchange component, transitioning a Southern California office building into a diversified portfolio of 14 alternative real estate investments located across the country. The sale was driven in part by California's Housing Element Law, which requires every city and county to plan for a state-mandated number of new residential units. A developer contracted to purchase the office property at above-market value with plans to build up to 100 [...]
