About 721 Hub
A regional publication for the tax-strategy side of real estate.
721 Hub is an independent publication that covers 721 UPREIT exchanges, 1031 strategy, DSTs, and geographic market analysis for accredited real-estate investors weighing replacement options. The site is editorial. It is not investment, legal, or tax advice.
§01 · Why this exists
Geography shapes your exchange before tax law does.
A California investor selling an Inland Empire industrial property faces a different decision tree than one selling a Manhattan co-op. State clawback rules, county recorder timelines, local cap-rate compression, and Mello-Roos obligations all feed into the exchange calculus before any IRS deadline clock starts. 721 Hub exists to put that regional and tax-strategy layer first, in plain language, before an investor commits to a replacement structure.
§02 · Editorial standards
- Every strategy article cites the IRC section and Treasury Regulation it applies. No black-box analysis.
- Every byline names a real, identified contributor. No AI-generated drafts published as editorial.
- We do not publish projected returns, target IRRs, or yield estimates for specific offerings.
- Geographic facts (cap rates, county recorder timelines, state tax rates) are sourced and dated.
Masthead
J. Aldricht Finch
Strategy Editor
JD/MBA, Stanford · Former tax partner, Latham & Watkins
Markets Editor
Appointment pending
Tax Research Editor
Appointment pending