Family Offices & Institutions

Structured Investment for Family Office

Pain Point
A multigenerational family office wanted to sell raw land that it had owned for 100+ years. With zero basis, the family would have incurred a significant tax liability in selling the land outright. Mack & Co. was engaged to structure and execute a 1031 exchange to mitigate the tax impact and generate funds for reinvestment.

Formulating an execution strategy for the family’s 1031 exchange, Mack & Co. identified suitable exchange properties, structured and negotiated the transaction, and sourced financing. We closed on the financing and secured tax-deferred proceeds, which were then successfully reinvested opportunistically by the family.

Mack & Co. successfully worked with the family to defer millions in taxes. We also developed a refinancing strategy that provided the family with proceeds to reinvest and reallocate to other asset classes.