Jack Feehan, Jr.
Jack Feehan, Jr.
Jack Feehan has more than 30 years of experience in the financial underwriting of 59,000 multifamily units throughout the United States. He has played a vital role in developing more than $6 billion in new multifamily construction projects. Jack holds a Bachelor of Science (BS) degree from the U.S. Naval Academy and a Master of Business Administration (MBA) from Harvard Business School. He is a licensed California real estate broker, 00675347, and a retired commander from the U.S. Naval Reserves.
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- There’s no guarantee any strategy will be successful or achieve investment objectives;
- All real estate investments have the potential to lose value during the life of the investments;
- The income stream and depreciation schedule for any investment property may affect the property owner’s income bracket and/or tax status. An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities;
- All financed real estate investments have potential for foreclosure;
- These 1031 exchanges are offered through private placement offerings and are illiquid securities. There is no secondary market for these investments;
- If a property unexpectedly loses tenants or sustains substantial damage, there is potential for suspension of cash flow distributions;
- Costs associated with the transaction may impact investors’ returns and may outweigh the tax benefits;
- Tax benefits are not guaranteed and are subject to changes in the tax code.