RICHMOND, Va., July 11, 2016 (GLOBE NEWSWIRE) -- Capital Square 1031, LLC, a leading sponsor of replacement property for Section 1031 exchanges, announced today that Will Powers has joined the firm as senior vice president of sales, responsible for the Northeast.
Prior to joining Capital Square, Powers was a regional vice president with PTX Securities, a managing broker-dealer assisting sponsors in the design and engineering of securities programs. Previously, he was a regional vice president of sales with Preferred Apartment Communities, representing the New England territory. During his career, Powers has worked with several sponsors of non-traded real estate investment trusts, Delaware statutory trusts, and private placement programs. He also founded his own broker-dealer specializing in 1031 transactions.
“Will joins Capital Square with more than two decades of experience in investment sales and consulting, bringing with him strong relationships throughout the industry and the northeast,” said Louis Rogers, founder and chief executive officer of Capital Square 1031. “He has a deep understanding of DSTs and Section 1031 exchanges, and will be a great addition to our company as we continue our growth.”
As of June 30, Capital Square 1031’s real estate portfolio includes 50 real estate assets valued at over $485 million, based on investment cost.
Powers earned a bachelor’s degree from Emmanuel College. He is a registered representative with FINRA and holds Series 7, 24, 63, and 79 licenses.
About Capital Square 1031
Capital Square 1031 specializes in the creation and management of commercial real estate investment programs for Section 1031 exchange and other investors using the Delaware Statutory Trust structure. As of June 30, 2016, the company oversees a growing national portfolio of 50 real estate assets valued at over $485 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 125 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