1031 exchange into new construction

[Craig Willis]

Hello all. I'm new to this forum and have read some good advice. I am about to start construction on a large multi owner building. We all will own shares of an LLC that will own the new building. There will be a construction loan and then permanent financing when construction is completed. I have 2 rental properties that are paid for and may want to do a 1031 into this new building. Can I do it at the time of signing permanent financing?