Our Property Exchange Program (PXP)™ offers owners of single tenant net leased properties the ability to contribute their properties to Four Springs Capital Trust in exchange for Operating Partnership Units (OP Units), which are exchangeable for our REIT shares. This is a tax deferred exchange known as an UPREIT/721 Exchange.


UPREIT Features:

Tax Deferral Benefits

Capital gain and depreciation recapture taxes are tax-deferred. Receive passive income without management responsibilities.


Convert illiquid real estate into more saleable securities while diversifying into a larger portfolio of properties.

Monthly Distributions

Historically REITs have produced steady dividend income and long-term capital appreciation.

Convert to REIT Shares

Property exchanges of individual properties and portfolios of properties for REIT Operating Partnership Units.

Dynamics of the 721 Exchange

Schedule a Meeting with Our UPREIT Team

Please contact us at info@fscap.net or 732-749-7344.