About NexTrend Securities

NexTrend Securities has operated since 1997, through many different market conditions and business cycles. The firm is focused on 1031 Delaware Statutory Trust (DST) real estate transactions for accredited and institutional investors.

Leadership

Mark Cherlin — Principal & Chief Compliance Officer (CCO)

Mark Cherlin founded NexTrend Securities in 1997 and has been registered with FINRA since 1986.

Licenses, designations and certificates currently held include: Series 7, 14, 24, 31, 52, 53, 63, 65, 79, 99, SIE, Investment Banking Principal, FINRA Arbitrator (since 2018), Certificate in Alternative Investments, Texas Mediator and Texas Real Estate License.

Mr. Cherlin holds securities industry qualifications spanning general securities, principal supervision, municipal securities, investment banking, futures, compliance, operations and investment advisory.

NexTrend Securities has maintained an unblemished customer complaint record with FINRA since its founding in 1997. The firm holds a BBB A+ Accredited rating.

Noah Hochman — SVP, Due Diligence & Compliance

Noah Hochman has been registered with FINRA since 1998 and has been associated with NexTrend Securities since 2006.

Licenses and registrations currently held include: Series 7, 9, 10, 24, 55, 63, 79, 99, SIE, and FINRA Arbitrator (since 2016).

What we do for clients

Most people come to us holding investment property they are selling, or have just sold, and needing replacement property that qualifies for a 1031 exchange.

Rather than have the seller locate their own replacement property, we represent income-producing properties with fractional interests available that qualify for 1031 exchanges.

We also work with attorneys, accountants and qualified intermediaries to help their clients with 1031 DST transactions.

The properties we work with

Our firm typically works with real estate sponsors offering fractional ownership in institutional-grade, professionally managed properties. Debt on these properties is generally non-recourse.

Interests may qualify as like-kind replacement property under Section 1031, and are available only to accredited investors.

Our aim is to meet a client's specific needs on their 1031 DST exchange and build a long-term relationship rather than a single transaction.

Where we may be able to help

Areas we may assist advisors and their clients with include:

  • Matching debt and equity on a replacement property
  • Meeting the 45-day identification deadline
  • Deferring capital gains from a like-kind sale
  • Providing an alternative to day-to-day property management
  • Placing left-over boot — the difference when two properties are not of equal value
  • Situations where an investor cannot personally replace a mortgage, since the lender underwrites the trust rather than each investor
  • Non-recourse debt, where personal guarantees are generally not required
  • Flexible investment amounts, with the ability to split across multiple DSTs

Sectors and structures

Multifamily · Self-storage · Industrial · Senior housing · Student housing · Medical · Hospitality · Ground lease · Zero coupon · Oil and gas

BR Gate, multifamily apartment community in Champions Gate, Florida, previous 1031 DST offering

Working with a NexTrend Securities registered representative is how investors access the 1031 DST offerings we represent.