Month: May 2012

Looking at Love Seats in the Month of Love

What better time to talk about love seats than the month of February, when Valentine’s Day is smack in the middle of the month.

Ironically, although this piece of ecoselect furniture is the prototype of a romantic seating arrangement, its beginnings actually have nothing to do with courting or love.

The design concept was developed to accommodate women’s voluminous clothing during a period that included hoop skirts and yards of fabric. A woman needed a seat all to herself, in order to spread out her couture while she was at rest.

The terminology of “Love Seat” didn’t come about until the 1800s, when many pieces made replicated an S-shape. It allowed a couple to face each other for personal conversation. That’s where the intimacy began and ended. There was the safety and propriety of an arm rest to physically divide them!

Today, the Love Seat has evolved into a piece of furniture that is multifaceted in both use and design.

Many of our customers in urban areas, especially New York City, look to this construction as the perfect solution to get more seating into their apartment’s limited square footage. In houses in suburban areas, we have created Love Seats specifically to suit a bedroom setting.

Most frequently, the Love Seat is an alternative to the traditional L-shaped configuration of sofa configurations and chair. When facing each other, with a low table in between, they become a perfect duo for formatting an entertaining unit suited for conversation and get-togethers.

We offer ten styles, matching all of our collections (except the Malibu). Nine of them can converted to sleeper sofas. With a pull-out bed frame and ecofriendly mattress, the problem of where to put the overnight guest is solved!

Delaware Statutory Trusts (DSTs)

Cash-Flow Trusts, or Delaware Statutory Trusts (DSTs) as they are more commonly known, provide real estate investors with a way to invest passively in commercial real estate. KB Exchange Trust, as a sponsor of Cash-Flow Trusts, acquires high-quality commercial income properties, places non-recourse financing on the properties, and retains a national, third-party property and asset management firm to manage the properties and make monthly distributions to all investors.

Ownership in the Trust is based on a pro-rata share of the equity invested. For example, if a property requires $5 million of equity to acquire and an investor purchases $1 million worth of the Trust, they will own 20% of the Trust and,
as such, shall receive 20% of the cash flow distributions as well as 20% of the depreciation allocation in order to shelter the income from income taxes. KB Exchange Trust acquires single-tenant properties leased to healthcare-related companies on long-term leases.

These companies are generally publicly-traded, highly-regarded companies with revenues exceeding $1 billion annually. The Delaware Statutory Trust ownership structure makes these investments ideal for investors who are in a 1031 exchange dst. The investment amount is flexible, starting at $100,000, which is also beneficial to 1031 exchange investors who are trying to invest an amount equivalent to their downleg exchange.