General FAQs

  • When was Sterling Multifamily Trust founded?

  • What is your company’s business focus?

  • Where are your properties located?

  • Who are your tenants?

  • What makes Sterling Multifamily Trust an attractive REIT?

  • What is the current dividend and when is it paid?

  • Can dividends be sent directly to a bank account?

  • How do I invest in Sterling Multifamily Trust?

  • Are there other investment opportunities with Sterling Multifamily Trust?

  • Who is your transfer agent and registrar?

  • What is a Medallion Signature Guarantee?

How Do I?


  • How can I receive news and information about Sterling Multifamily Trust?

  • How can I find out more about real estate investment trusts?

  • How do I report a change of address or provide dividend address information?

  • How do I change the name (e.g. legal name change) on my shares?

  • How do I replace a lost or stolen certificate?

  • How can I obtain general information regarding my account information?

  • How do I sell or withdraw my shares or units?

  • How can I get help with Investor Center?

  • How will I know how many shares I own?

  • How do I place my proxy vote?

  • How can I have errors on my 1099 changed?

721 FAQs

  • What is an UPREIT?

  • What is 721 UPREIT?

  • What is an Operating Partnership?

  • What are Operating Partnership Units?

  • Are Operating Partnership Units the same as shares for tax purposes?

  • What are the benefits of a 721 UPREIT v. selling?

  • What are the advantages for a 721 UPREIT to the REIT?

  • What are the requirements for a valid 721 UPREIT?

  • Can I have a cash out refinance of my property before a 721 UPREIT?

  • Can Operating Partnership Units (OP Units) be converted to shares in the REIT?

  • Are there tax consequences for converting Operating Partnership Units (OP Units) to shares of the REIT?

  • Is a Qualified Intermediary (QI) needed for a 721 UPREIT?

  • Is there any limit to the number of properties that can be 721 UPREITed?

  • What are types of property that can transferred in a 721 UPREIT transaction?

  • Are Section 721 UPREITs limited only to real estate?

  • Are there time frames that govern a 721 UPREIT transaction?

  • Can the property being transferred in a 721 UPREIT transaction have a mortgage on it?

  • Is Boot relevant to a 721 UPREIT transaction?

  • I bought the property in an LLC and I would like to acquire the OP Units as an individual?

  • What are the general guidelines to follow in order for a taxpayer to defer all the taxable gain?

1031 Exchange FAQs

  • What is a tax-deferred exchange?

  • What are the benefits of exchanging v. selling?

  • What are the different types of exchanges?

  • What are the requirements for a valid exchange?

  • When can I take money out of the exchange account?

  • Can the replacement property eventually be converted to the taxpayer's primary residence or a vacation home?

  • What is a Qualified Intermediary (QI)?

  • Why is a Qualified Intermediary needed?

  • Can the taxpayer just sell the relinquished property and put the money in a separate bank account, only to be used for the purchase of the replacement property?

  • If the taxpayer has already signed a contract to sell the relinquished property, is it too late to start a tax-deferred exchange?

  • Does the Qualified Intermediary actually take title to the properties?

  • What are the time restrictions on completing a Section 1031 exchange?

  • What if the taxpayer cannot identify any replacement property within 45 days, or close on a replacement property before the end of the exchange period?

  • Is there any limit to the number of properties that can be identified?

  • What are the requirements to properly identify replacement property?

  • Are Section 1031 Exchanges limited only to real estate?

  • What is a "multi-asset" exchange?

  • What is a reverse exchange?

  • Is a reverse exchange permissible?

  • How does a reverse exchange work?

  • What happens if the exchange cannot be completed within 180 days?

  • What is the difference between "realized" gain and "recognized" gain?

  • What is Boot?

  • What is Mortgage Boot?

  • What is Cash Boot?

  • What are the boot "netting" rules?

  • I bought the property as a single person and I would like to acquire the replacement property together with my spouse?

  • I closed escrow on my first replacement property within the 45 day identification period. Can I now identify three more properties within my 45 day identification period?

  • How do I identify two different properties (or percentages of ownership through a TIC) covered by ONE purchase contract?

DRS FAQs

  • What is DRS?

  • What are some of the advantages of DRS?

  • What happens if I lose a DRS account statement?

Proxy FAQs

  • Why have I received a proxy statement asking for my vote?

  • What is a stockholder of record?

  • May I submit my vote in person at the Shareholder meeting?

  • May I change or revoke my proxy vote?

  • What is “householding”?

  • My shares are in a brokerage account. When will I receive the proxy material?

  • I received my proxy card but have not voted yet. Will I be allowed to attend the Annual Meeting?

  • I previously consented to receive my proxy material by electronic delivery. How may I receive a hard copy or revoke my consent?

Step By Step Share Transfer Guide

  • How do I transfer shares from a custodian to a minor who is not of age?

  • How do I transfer my shares into a trust registration?

  • How do I transfer shares from a deceased individual?

  • How do I transfer shares from a deceased joint tenant to the surviving tenant?

Tax FAQs

Transfer FAQs