{"id":18057,"date":"2026-04-02T10:57:25","date_gmt":"2026-04-02T15:57:25","guid":{"rendered":"https:\/\/1reason.com\/re\/gould-investors-completes-section-1031-transactions\/18057\/"},"modified":"2026-04-03T05:57:25","modified_gmt":"2026-04-03T10:57:25","slug":"gould-investors-completes-section-1031-transactions","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/gould-investors-completes-section-1031-transactions\/18057\/","title":{"rendered":"Gould Investors Completes Section 1031 Transactions"},"content":{"rendered":"<div> The Company estimates that the sale, after the repayment of the related mortgage and closing costs, generated net proceeds of approximately $93 million and a net accounting capital gain of approximately $90 million.  <\/p>\n<p>On March 10, 2026, the Company, in a transaction structured to comply with the tax-deferral provisions afforded by Section 1031 of the Internal Revenue Code, used a significant portion of the net proceeds from such sale to purchase a 310-unit garden-style multifamily property built in 2023 and located in North Forsyth, Georgia, for $85 million.<\/p>\n<p><strong>About Gould Investors L.P.<\/strong><\/p>\n<p>Gould Investors L.P. is a master limited partnership organized in Delaware which primarily owns and operates by itself and with joint venture partners, a diversified portfolio of real estate and other assets located throughout the United States. Further information about Gould Investors L.P. is available at<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xmB9-xR5ONFmZZmvTA7mRmMdYa17BHqAel1lctrfFCJXQxvKx81rRL7NT8yZmv3WbgGbvaPgT-UTvC0irFpAig==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.gouldlp.com\">www.gouldlp.com<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IUvSMtZgqbU8VxJfNjsIhrkQ30cy-pBuoc_XEmdNdW7U62g-LmJwiFQzD2nxo2SpGo_OanzfU-jkCcwP3FYUwlUQpJ8apnRMOKgGZ6ZQdGaVfBJnOj-HHxd20wAqiP941VWLb1wHMX5zGuYlThbcKWAG_DpfIP2W5rT1JCXjvCc=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/www.otcmarkets.com\/stock\/GDVTZ\/disclosure<\/a>.<\/p>\n<p><strong>Contact: <\/strong><\/p>\n<p>Gould Investors<br \/>Investor Relations <br \/>Phone: (516) 466-3100<br \/>Attn: Isaac Kalish<\/p>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/ZWE2OTQzZDQtYjFmMy00YWVkLWI1ODUtYzQxZDg1YjIyNWQ5LTEzMDcwMDMtMjAyNi0wMy0xMS1lbg==\/tiny\/Gould-Investors-L-P-.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>GREAT NECK, N.Y., March 11, 2026 (GLOBE NEWSWIRE) &#8212; Gould Investors L.P. (OTC PINK:GDVTZ), announced that on March 6, 2026, it completed the previously announced sale of a property located in Long Island City, New York, for a sales price of approximately $101 million.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18057"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=18057"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18057\/revisions"}],"predecessor-version":[{"id":18063,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18057\/revisions\/18063"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=18057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=18057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=18057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}