Welcome to our dedicated page for Gould Investors news (Ticker: GDVTZ), a resource for investors and traders seeking the latest updates and insights on Gould Investors stock.
Gould Investors L.P. reports news centered on real estate ownership, property dispositions, replacement-property acquisitions, and Section 1031 exchange structures. Recent company announcements describe the completed sale of a Long Island City, New York property and the use of sale proceeds to acquire a 310-unit garden-style multifamily property in North Forsyth, Georgia.
News for GDVTZ also reflects the company’s status as an OTC Pink limited partnership whose public updates focus on material real estate transactions and related capital redeployment.
Gould Investors (OTC PINK: GDVTZ) completed a Section 1031 exchange after selling a Long Island City property and buying a multifamily asset.
On March 6, 2026 the company sold a Long Island City property for approximately $101 million, generating estimated net proceeds of ~$93 million and an estimated net accounting capital gain of ~$90 million. On March 10, 2026 the company purchased a 310-unit garden-style multifamily property in North Forsyth, Georgia, for $85 million using a significant portion of the proceeds in a transaction structured to comply with Section 1031 tax-deferral rules.
Gould Investors L.P. (OTC PINK:GDVTZ) has announced entering into a contract to sell a long-held property to a non-affiliated entity for approximately $101 million. The transaction is expected to complete by April 2027, potentially generating a net accounting capital gain of about $86 million. The company plans to use the proceeds to purchase other properties, leveraging tax-deferral provisions under Section 1031 of the Internal Revenue Code.
The purchaser has deposited roughly 6% ($6.2 million) of the purchase price. If the buyer defaults, they will forfeit this deposit, and neither party will have further obligations. However, the company cautions that there's no guarantee the transaction will be completed.