JRW Investments is a Pasadena-based real estate investment advisory firm founded in 2003 by Warren Thomas. The company provides tax-efficient access to commercial real estate through 1031 and 1033 like-kind exchanges, Delaware Statutory Trusts (DSTs), and 721 exchange paths into REIT operating partnerships. The firm maintains an affiliated brokerage, JRW Realty, which sources properties nationally and executes acquisitions on behalf of clients. JRW's core business centers on advising and placing client capital into diversified, long-duration net-lease portfolios emphasizing investment-grade credits and predictable cash flows. The firm focuses on necessity-based retail and healthcare net-lease properties as well as grocery-anchored shopping centers through relationships with sponsors and affiliated platforms. JRW's due diligence platform reviews over 100 net-leased properties weekly and approves approximately 1% for client acquisition. Through its principals, the firm has closed over 2,000 assets across 40 states, representing more than $5.2 billion in transactions and assisting with over 3,000 tax-deferred exchanges. Investment strategy emphasizes long-duration leases with creditworthy tenants, broad geographic dispersion across the U.S., and recurring transaction activity in Texas, Florida, and Midwestern markets.