Chicago Deferred Exchange Company

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Chicago Deferred Exchange Company - overview

Established

1989

Location

Chicago, IL, US

Primary Industry

Business Support Services

About

Chicago Deferred Exchange Company provides qualified intermediary services for investors looking to defer capital gains taxes through 1031 exchanges, facilitating seamless property transactions and investment strategies. Chicago Deferred Exchange Company, founded in 1989, specializes in facilitating tax-deferred exchanges for real estate investors in the United States. In May 2007, the company was acquired by Prairie Capital, marking a significant change in its operational strategy. The firm is headquartered in Chicago, US, and has executed a total of one deal.


Chicago Deferred Exchange Company specializes in providing Qualified Intermediary and Exchange Accommodation Titleholder services, primarily aimed at investors seeking to defer capital gains taxes under the Internal Revenue Code Section 1031. The core offerings include facilitating Forward and Reverse Exchanges, enabling clients to sell and reinvest in like-kind properties while deferring tax liabilities. Their services cater to a broad clientele, including real estate investors, property owners, and investment firms across various sectors, operating throughout the United States. Chicago Deferred Exchange Company generates revenue through its intermediary services associated with 1031 exchanges.


The firm charges fees based on the value of the transactions it facilitates, including both Forward and Reverse Exchanges. Clients engage in transactions by identifying replacement properties within specific timelines, allowing for a seamless exchange process. The fee structure is based on a percentage of the transaction value or flat-rate fees for specific services, ensuring transparency in pricing. The company’s financial performance is directly linked to the volume of exchanges executed, as each transaction contributes to its overall revenue stream.


The most recent significant acquisition took place in May 2007, when Prairie Capital acquired Chicago Deferred Exchange Company. The company is currently focused on enhancing its service offerings and expanding its market presence. Plans for future growth include the development of new products related to 1031 exchange services, although specific release dates are yet to be announced. Additionally, the firm is looking to expand into new geographic markets across the United States to capture a broader client base, aligning with its growth objectives.


Current Investors

Prairie Capital

Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.cdec1031.com

Verticals

Blockchain, FinTech

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Chicago Deferred Exchange Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedChicago Deferred Exchange Company-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.