RICHMOND, Va., May 02, 2016 (GLOBE NEWSWIRE) -- Capital Square 1031, LLC, a leading sponsor of replacement property for Section 1031 exchanges, announced today that Seth Harris, a commercial real estate veteran with more than a decade of experience in multi-family acquisitions and financing, has joined the firm as executive vice president of investments.
“Seth has proven expertise in the acquisition and financing of multi-family real estate, with a successful track record of closing more than $3 billion in acquisition, finance and refinance transactions,” said Louis Rogers, founder and chief executive officer of Capital Square 1031. “I was very impressed with Seth’s intellect and work ethic when we worked together almost a decade ago on REIT and other investment transactions. Since that time, Seth has developed valuable relationships with a number of key players in the industry. I couldn’t be more pleased that a professional of his caliber is joining the Capital Square 1031 team. Seth will serve our investors and our company well.”
Harris joins Capital Square 1031 from Landmark Apartment Trust, where he spent 11 years, ultimately as vice president of financial services. During his tenure, he completed approximately $1.3 billion in multi-family refinance and disposition transactions, purchased 56 multi-family properties with an aggregate value of $1.3 billion, and closed $900 million in multi-family financing from agencies, banks, insurance companies, and CMBS lenders.
Harris earned a bachelor’s degree in economics and a master’s degree in real estate with a concentration in finance and investment from New York University.
About Capital Square 1031
Capital Square 1031 specializes in the creation and management of commercial real estate investment programs for Section 1031 exchange investors and other investors using the Delaware Statutory Trust structure. As of January 31, 2016, the company oversees a growing national portfolio of 40 real estate assets valued at approximately $375 million, based on investment cost. Louis J. Rogers, founder and chief executive officer of Capital Square, has been involved in the creation and management of more than 100 investment offerings totaling over $3 billion, including DST, tenant-in-common, numerous real estate funds, and multiple publicly registered non-traded real estate investment trusts. To learn more, visit www.CapitalSquare1031.com.
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Source:Capital Square1031, LLC