Find Replacement & DST Properties For Your 1031 Exchange
Over 35% of all experienced real estate investors work with Jerry on their 1031 exchange.
Get more out of your 1031 exchange. We build passive, personalized portfolios of institutional properties, customized to your diversification, income, and growth goals.
This figure is an estimate for Tax Year 2022, derived from publicly available U.S. Internal Revenue Service (IRS) Statistics of Income data for sole proprietorships and partnerships.[1, 2, 3] It specifically quantifies individuals or small, individually-controlled pass-through entities (such as Limited Liability Companies, where a husband and wife are counted as one investor, as per the report's methodology) that primarily invest in commercial properties. LLCs are favored for liability protection and tax efficiency.[4, 5, 6, 3]
The estimate explicitly excludes:
- Real estate brokers, agents, property managers, and appraisers.[1]
- Large institutional investors or large partnerships.[7, 8, 9, 10, 11]
- Investors primarily holding single-family rental properties.[7, 12, 9, 13, 14, 15]
- Owner-users (businesses or individuals occupying the property for their own operations).[16, 17, 18]
Due to the broad categorization of real estate activities in public data, the quantification involved a multi-stage filtering process and the application of reasoned assumptions to isolate the target investor group. The final figure is a calculated estimate and should be understood within the context of these inherent data limitations and the specific definitional exclusions applied.
Based on this estimated population of 335,000 individual commercial real estate investors, a registered audience of 121,000 would represent approximately 36.1% of this group, supporting the claim "Over 35% of experienced real estate investors choose Baker 1031 Investments."
References
Alpine MAR. (n.d.). Business structure for real estate investors. Retrieved July 25, 2025, from [https://alpinemar.com/blog/business-structure-for-real-estate-investors/](https://alpinemar.com/blog/business-structure-for-real-estate-investors/) [4]
Clarion Partners. (n.d.). U.S. CRE universe report. Retrieved July 25, 2025, from [https://www.clarionpartners.com/news/us-cre-universe-report](https://www.clarionpartners.com/news/us-cre-universe-report) [11]
Dungan, A., & Snyder, A. (2023). Partnership returns, tax year 2021. U.S. Department of the Treasury, Internal Revenue Service. [https://www.irs.gov/pub/irs-soi/soi-a-copa-id2305.pdf](https://www.irs.gov/pub/irs-soi/soi-a-copa-id2305.pdf) [2]
Fox Business. (n.d.). Small real estate investors reach record market share, now dominate 59% investor purchases. Retrieved July 25, 2025, from [https://www.foxbusiness.com/real-estate/small-real-estate-investors-reach-record-market-share-now-dominate-59-investor-purchases](https://www.foxbusiness.com/real-estate/small-real-estate-investors-reach-record-market-share-now-dominate-59-investor-purchases) [13]
Goodman, L., Zhu, J., & Strochak, S. (2023). A profile of institutional investor–owned single-family rental properties. Urban Institute. [https://www.urban.org/sites/default/files/2023-04/A%20Profile%20of%20Institutional%20Investor%E2%80%93Owned%20Single-Family%20Rental%20Properties.pdf](https://www.urban.org/sites/default/files/2023-04/A%20Profile%20of%20Institutional%20Investor%E2%80%93Owned%20Single-Family%20Rental%20Properties.pdf) [7, 9, 10]
Gramlich, J. (2021, August 2). As national eviction ban expires, a look at who rents and who owns in the U.S. Pew Research Center. [https://www.pewresearch.org/short-reads/2021/08/02/as-national-eviction-ban-expires-a-look-at-who-rents-and-who-owns-in-the-u-s/](https://www.pewresearch.org/short-reads/2021/08/02/as-national-eviction-ban-expires-a-look-at-who-rents-and-who-owns-in-the-u-s/) [12, 15]
Investing in CRE. (2023, February 16). Commercial property owners vs. commercial property investors. [https://investingincre.com/2023/02/16/commercial-property-owners-vs-commercial-property-investors/](https://investingincre.com/2023/02/16/commercial-property-owners-vs-commercial-property-investors/) [16, 18]
NAIOP. (n.d.). NAIOP member demographics. Retrieved July 25, 2025, from [https://www.naiop.org/sponsor-and-advertise/naiop-member-demographics/](https://www.naiop.org/sponsor-and-advertise/naiop-member-demographics/) [8]
NLIHC. (n.d.). GAO releases report: Institutional investments in single-family rental housing. Retrieved July 25, 2025, from [https://nlihc.org/resource/gao-releases-report-institutional-investments-single-family-rental-housing](https://nlihc.org/resource/gao-releases-report-institutional-investments-single-family-rental-housing) [14]
Rocket Lawyer. (n.d.). Should I incorporate my real estate business. [https://www.rocketlawyer.com/real-estate/legal-guide/should-i-incorporate-my-real-estate-business](https://www.rocketlawyer.com/real-estate/legal-guide/should-i-incorporate-my-real-estate-business) [5]
Thomson Reuters. (n.d.). Pass-through entity. Retrieved July 25, 2025, from [https://tax.thomsonreuters.com/en/glossary/pass-through-entity](https://tax.thomsonreuters.com/en/glossary/pass-through-entity) [6]
UNC IPC. (n.d.). Commercial real estate as an asset class. [https://uncipc.org/index.php/publication/commercial-real-estate-as-an-asset-class/](https://uncipc.org/index.php/publication/commercial-real-estate-as-an-asset-class/) [17]
U.S. Department of the Treasury, Internal Revenue Service. (2022). SOI tax stats - Partnership statistics. Retrieved July 25, 2025, from [https://www.irs.gov/statistics/soi-tax-stats-partnership-statistics](https://www.irs.gov/statistics/soi-tax-stats-partnership-statistics) [3]
U.S. Department of the Treasury, Internal Revenue Service. (2025). Individual income tax returns, sole proprietorships, tax year 2022. [https://www.irs.gov/pub/irs-pdf/p1136.pdf](https://www.irs.gov/pub/irs-pdf/p1136.pdf) [1]
Access the latest deals and insights from Jerry Baker.
Access our complete inventory of available investment opportunities, exclusive news and insights from Jerry Baker.
How can we help you?
Explore our investment strategies and solutions.
Invest your 1031 exchange proceeds alongside leading institutions, in portfolios of properties designed for income & value growth.
Discover this strategy designed to improve liquidity, diversification, and income for retiring real estate investors or making estate plans.
Whether it is a failed 1031 exchange or capital gain from a business, car, jewelry, or stock sale - defer or even eliminate your capital gain taxes.
Our strategies often surprise people with their flexibility and utility. Explore Oil and Gas for 1031 exchanges, assumable financing, and more.
Historical Performance
View recently realized investment performance.
Marriott Hotel
Phoenix, Arizona
2-Year Holding Period
30.40% Annualized Return
1.78x Equity Multiple
eBay Corporate Campus
San Jose, California
10-Year Holding Period
3.97x Equity Multiple
~90% LTV Assumable Financing
Rental Home Community
Orlando, Florida
5-Year Holding Period
32.36% Annualized Return
2.49x Equity Multiple
Why Baker 1031 Investments?
For our clients, why we do it is just as important as what we do.
It makes a powerful difference in our clients' experience and outcomes.
A Firm Built for Family, A Partnership Designed for You.
We are a real estate investment firm, dedicated to helping individual real estate investors use their 1031 exchange proceeds to build diversified portfolios of institutional properties, customized to their financial goals and needs.
Our firm was created out of necessity. Jerry Baker founded Baker 1031 Investments as a result of his own desire to bring institutional investment strategies to his family's own real estate portfolio.
What he found was a collection of investment products and strategies that offered individuals the opportunity to leverage the same advantages as institutional investors.
The problem? A lack of access to these investments, knowledgeable experts to assist, and the ability to customize the offerings to meet your needs. We invite you to learn more about our story, experience how we are different, and discover the difference for yourself.
Exceeding Expectations: Redefining Client Experience
We believe we are redefining what it means to be client-focused across the real estate and financial industries.
Real Estate-Focused. Real Estate Experts.
It's a novel concept, believe-it-or-not, to expect actual real estate experts to be the people you go to for real estate investments.
Many of our clients come to us after having tried finding investments through their accountant, crowdfunding websites, a general financial advisor, or (in one case) their dentist.
Direct Access. No Call Centers. No Runaround.
Work directly with the firm's founder, Jerry Baker. As a former private equity fund and hedge fund manager, Jerry has participated in over $10 billion worth of real estate transactions.
Drawing on over 60 years of multi-generation real estate experience, Jerry believes clients deserve to work directly with him - not call centers, inexperienced employees, robots, or even investment professionals that lack meaningful real estate experience.
Turnkey Investments. No Asterisks.
Did you know that many investment offerings in our industry aren't finalized before you commit your capital? Yikes!
Some opportunities you see may not yet be owned by the sponsor, or the financing may be incomplete. A deal might be close to finalizing, but these uncertainties mean the terms could change dramatically after you invest. Worse, this could cause your 1031 exchange to fail.
We exclusively offer investment opportunities from large institutions that already own the property and have the financing fully structured. This means the day you invest, your 1031 exchange is completed, and you can begin collecting potential income and building potential equity immediately.
Simple. Fast. Rewarding.
You can find investments anywhere. What matters is understanding how to utilize them and maximize results.
Institutional-Quality Properties
Most real estate investors can’t afford to build a diversified portfolio of multimillion-dollar properties. Delaware Statutory Trust (DST) properties allow investors to acquire partial ownership in properties that otherwise would be out of reach.
Lower Minimum Investments
DSTs can accommodate much lower minimum investments. 1031 exchange minimums often are $100,000 or less.
Assumable Financing
In a DST, you can acquire debt to meet 1031 exchange requirements without having to qualify for or take responsibility for the loan.
The debt won't appear on your credit report or affect your credit score, yet you can still deduct your share of the interest payments. It's debt without the liability.
Meet Jerry Baker
Learn why over 35% of all experienced real estate investors ask Jerry to help with their 1031 exchange.
Gerald F. "Jerry" Baker, III founded Baker 1031 Investments after a career on Wall Street, where he worked for some of the world's largest institutional real estate private equity, and hedge funds. Prior to starting the firm, Jerry was directly involved in over $10 billion of real estate transactions worldwide.
Drawing on the knowledge gained from managing large institutional property portfolios, he adapted these strategies to meet the specific needs, resources, and goals of his own family's real estate portfolio. After proving the success of these strategies, he founded Baker 1031 Investments to make them available to you and your family.
Jerry, his past work, and strategies have been featured on:
Baker 1031 Investments • +1 646 389 1810 • [email protected]
The information herein has been prepared for educational purposes only and does not constitute an offer to purchase or sell securitized real estate investments. Such offers are only made through the Sponsor’s Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney.
There are material risks associated with investing in DST properties and real estate securities including liquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potentially adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Because investor situations and objectives vary this information is not intended to indicate suitability for any particular investor. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation.
Securities offered through Aurora Securities, Inc. (ASI), member FINRA/SIPC. Baker 1031 Investments (Baker 1031) is independent of ASI. To access Aurora Securities’ Form Customer Relationship Summary (CRS), please click HERE. Baker 1031 Investments, Jerry Baker, and (ASI) do not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.
Client examples are hypothetical and for illustration purposes only. Individual results may vary.
This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all services referenced on this site are available in every state through every advisor listed. For additional information please contact xxx-xxx-xxxx or email [email protected].