Chicago Deferred Exchange Company (“CDEC”) serves as a nationwide Qualified Intermediary and Exchange Accommodation Titleholder. It structures both forward and reverse exchanges pursuant to Internal Revenue Code Section 1031. A 1031 exchange allows real estate investors the ability to defer current recognition of gain on business-use or investment property sales provided like-kind replacement property is acquired within 180 days.
It is a wholly-owned subsidiary of Wintrust Financial Corporation (NASDAQ: WTFC) with assets over $50 billion. Since 1989, CDEC has facilitated more than 60,000 transactions for individuals, corporations, REITs, hotels, retailers, and others across the country. The team brings 25 years of experience to provide unmatched expertise, security, and integrity in every transaction.