Paul White represented the real estate buyer in a 1031 Exchange as an advisor. He recently compiled a portfolio of eight properties comprising Fortune 500 Companies as single tenants with long term NNN leases (i.e. 10 to 30+ years). The average cap rate was 8.39%, annual cash-on-cash income was 10.15% and annual yield (i.e. income plus amortization) was 13.59%. White's specialty is representing buyers who are normally implementing a 1031 Exchange to help them assemble a portfolio of low risk, high income properties as well as aid in securing the funding for the purchase. They purchased 2 Davita, 2 Dollar General, 1 Fresenius & 3 Family Dollar.