About Luke - 1031 DST Exchange Broker

Luke Lofman

(719) 999-1031

Luke@Lucas1031.com

Background

Luke has over a decade of experience in the real estate and financial sectors, with a proven track record of structuring high-value acquisitions and developments for multiple private equity real estate firms. He has overseen more than $1.2 billion in commercial real estate assets, successfully closed over $470 million in hotel development and acquisition financing, structured more than $50 million in equity partnerships, and transacted on more than $100 million in 1031 exchanges. Luke’s expertise spans both commercial real estate and hospitality sectors, and he’s known for his ability to translate complex financial and tax information into clear, actionable insights for his clients.

Luke’s career began at Ernst & Young, where he implemented tax credit strategies for Fortune 500 companies, saving them over $125 million annually in tax liabilities. In 2013, his passion for real estate led him to join a prominent public non-traded REIT in Dallas, where he played a key role in structuring joint ventures and managing opportunistic real estate portfolios across various asset classes. Later, he transitioned to a leadership role at a private equity firm specializing in hospitality acquisitions and development, overseeing everything from deal sourcing and due diligence to debt and equity structuring. His deep understanding of market trends and financial structures allows him to provide tailored investment strategies that help maximize returns and minimize risk.

A native Texan, Luke earned both his bachelor’s and master’s degrees in finance, with a focus on quantitative finance and real estate, from the University of Texas at Dallas. Now residing in Colorado with his wife, Sheridan, and their two children, he spends his free time trading stocks and options, hiking, and woodworking (though sanding isn’t his favorite).

Select Experience

REAL ESTATE DEVELOPMENT

Ground-Up Development – Commercial development involves constructing new buildings or facilities from scratch, typically on undeveloped land or property that requires complete redevelopment. These projects requires substantial capital, planning, and navigating zoning regulations.

Historical Redevelopment – Restoring or repurposing older, often landmark buildings. These projects can qualify for Federal and State historic tax credits, providing developers with significant tax incentives for preserving the historical integrity of the property while making it functional for contemporary uses.

ACQUISITIONS

Standard Real Estate Acquisitions – Procured and underwrote the acquisitions of many types of real estate properties including Class A multifamily, boutique hotels, branded hotels, self-storage, land and other assets.

CAPITAL STRUCTURING

Securitized Real Estate – Directed the development of 1031 exchange-eligible real estate investments (DSTs), private equity funds, and debt funds.

Financial Engineering – Utilized Federal and state tax credits, bridge and PACE financing, sale-leasebacks, and promoted waterfalls to optimize cash flow and long-term growth potential.