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TAX DEFERRED EXCHANGES / 1031 EXCHANGES
This is a method which allow a property owner to defer federal income taxes on the sale of a property. This exchange occurs when an owner sells one income property and purchases another income property. The transaction must be structured in a proper way to qualify. Please feel free to contact us for more information on how to proceed with an exchange, or contact your accountant or tax adviser. Our mission is to leverage the talents and resources of our organization to reinvent our industry and create value for our investors, tenants and associates.Our innovative approach to the apartment business is what sets us apart from the competition. And so do our values. Every day, our dedicated associates face the challenges of our business with tremendous creativity and a commitment to the core values that guide our decision making and define our culture: | Leadership. From our presence in the nation’s top apartment markets to building our brands to implementing new technologies to hiring the best in the business, we strive to continually set the standard for excellence in everything we do. We take all matters relating to our customers seriously, and act with a sense of urgency to be responsive to them. | | | Honesty and ethics. We uphold the highest ethical standards and treat our customers—and each other—fairly and honestly. We take our commitments seriously and do what we say we are going to do. Without this, nothing else matters, because people want to do business with those they trust. | | | Innovation. Milan Properties leads the apartment industry in innovation and we aim to define the future of our industry by offering superior and innovative products and services that make life easier for our customers and our associates. |
| Entrepreneurial spirit. We look for new opportunities and welcome challenges because they bring out the best in our abilities and provide meaningful professional growth. After all, what is great product and great strategy without bright, spirited people to make it all come together? | | Camaraderie. We are inspired by the talents, creativity and commitment of our associates and genuinely enjoy working with each other, because being good business people doesn't mean we can't have fun. Stop in at any of our properties and watch our people—helping a customer, fulfilling a service request or giving a tour—and you'll know what we're all about. |
Sound investment strategy
We own and operate great apartments in the nation’s top protected locations—those with expensive single-family home prices where it’s difficult to build competing product, close to where our customers work and shop. The strong demand and minimal new apartment supply characteristics of these markets improves our long-term growth prospects. Wall Street Journal Yahoo Finance Fortune Forbes Business Week Economic News Bond Rates Securities Exchange Commission NAREIT Urban Land Institute National Multi-Housing Council National Association of Home Builders Congress for the New Urbanism Real Estate Roundtable |
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