Baker 1031 · Replacement Property

1031 Replacement Property Types

A 1031 exchange or DST can be backed by very different real estate, and the asset type drives the income, the risks, and the work involved. Explore each property type we help accredited investors evaluate, from the deepest sectors like multifamily and net lease to specialized niches like data centers, marinas, and mineral royalties.

Property Type

Multifamily

Apartments are the deepest, most-traded property type in the DST world. Steady renter demand and the strongest rent growth of any sector we follow are why so many exchangers land here.

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Property Type

Net Lease

Net-lease real estate pushes the operating costs onto the tenant and pays rent on a long, signed lease. That single feature is why it anchors so many 1031 exchanges and so much of the DST market.

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Property Type

Self-Storage

Self-storage is the quiet workhorse of the DST world. Low rents, month-to-month leases, and demand that holds up in a downturn give it a profile no other property type quite matches.

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Property Type

Industrial

Industrial real estate rode the rise of e-commerce from a sleepy corner of the market to a favored asset. Long net leases to logistics tenants and tight supply near cities are why exchangers took notice.

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Property Type

Small-Bay Industrial

Small-bay industrial is the unglamorous corner of the warehouse boom: compact units leased to dozens of local businesses, high rents per foot, and almost no new construction. It is also a newer DST niche, and worth understanding on its own terms rather than as a smaller version of big-box.

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Property Type

Healthcare & Medical

Healthcare real estate rents to doctors, surgery centers and clinics that are slow to move and aging demographics that keep coming. That mix is why this corner of the market pays more than the core sectors and asks investors to underwrite a tenant they may not know.

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Property Type

Senior Living

Senior housing carries the strongest growth benchmark in our set, driven by demographics that are already locked in. It also sits on a spectrum from passive real estate to an operating business, and where a deal lands on that line changes everything about owning it.

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Property Type

Student Housing

Student housing looks like apartments and earns like apartments, until you read the leases. By-the-bed terms, parental guarantees, and an August turn every year make it its own animal.

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Property Type

Office

Office is the one sector where we tell most exchangers to slow down. The headwinds are real, the pricing reflects them, and the gap between a building that works and one that does not has rarely been wider.

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Property Type

Hospitality & Hotel

A hotel is not a building with a lease. It is a business that sells its rooms one night at a time, and that single fact reshapes everything about how it earns, how it swings, and how it fits a 1031 exchange.

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Property Type

Government-Leased (GSA)

A government-leased building pays rent backed by the full faith and credit of the United States. That single fact is the entire pitch, and the reason investors accept rents that often never grow at all.

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Property Type

Life Sciences

Life science buildings are laboratories first and offices second. The specialized build-out makes tenants sticky and re-tenanting slow, and right now a supply wave has pushed vacancy up in several clusters.

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Property Type

Data Centers

Data centers are the buildings the digital economy runs on. AI and cloud demand have made them one of the hottest property types, but power, capital, and obsolescence keep all but the largest investors out.

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Property Type

Marina

A marina is the rare real-estate asset that earns its keep two ways at once: as scarce waterfront land and as a small operating business. That dual nature is why it posts the highest benchmark yield of any property type we follow.

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Property Type

Land

Almost every property type is bought for the rent. Land is the exception. It pays nothing while you hold it, and the entire case rests on what it might be worth when someone develops the area around it.

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Property Type

Mineral & Royalty Interests

Mineral and royalty interests are one of the more misunderstood 1031 replacements. The high yields draw attention, but the structure, a share of revenue with no costs and no control, is what an investor needs to understand first.

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Every property type is like-kind for a 1031 exchange, but they are not interchangeable. Income-first sectors such as net lease and healthcare trade hands-on management for contractual rent; operating-heavy assets like hotels and senior living carry more upside and more volatility; land produces no current income at all. We help match the asset to your goals, timeline, and tax picture, then point you to the vetted offerings on our shelf.