Keystone National Properties
Overview
Keystone National Properties is a New York DST sponsor founded in 2016 by Michael Packman, managing roughly $130 million and distinguished by an explicit impact orientation—'doing well by doing good'—layered onto net-lease and Opportunity Zone offerings. Its DSTs lean on credit-tenant net lease such as FedEx Ground, and it complements them with QOZ programs. As a newer, smaller sponsor, it offers a differentiated thesis but a shorter track record, warranting diligence commensurate with its scale.
Strategy & advantages
- Built on an explicit impact thesis ('doing well by doing good') differentiating its offerings.
- Structures net-lease credit-tenant DSTs around tenants such as FedEx Ground.
- Complements DSTs with Qualified Opportunity Zone programs.
- Founder Michael Packman provides focused leadership at ~$130 million scale.
- Newer and smaller, warranting diligence commensurate with size and track record.
Important disclosures. Sponsor information and performance metrics are sponsor-reported and compiled by Baker 1031 from sponsor and public sources; they have not been independently verified and are subject to change. Full-cycle returns, equity multiples, hold periods, and success rates reflect realized programs only (survivorship bias), are averaged across differing assets, vintages, and structures, are net of fees and program expenses, and are not indicative of future results and not a recommendation. Designation as a preferred sponsor reflects Baker’s due-diligence coverage, not an endorsement or guarantee. For accredited investors only; not an offer or solicitation. Securities offered through Aurora Securities, Inc. (ASI), member FINRA/SIPC; subject to registered-principal approval.
