 |
| Richard Stanard |
RICHMOND, VA (June 23,
2016) - Capital Square 1031, LLC, a leading sponsor of replacement property for
Section 1031 exchanges, announced today that Richard Stanard has joined the firm as chief financial officer.
Stanard joins Capital
Square 1031 from HITT Contracting Inc., located in the Northern Virginia/D.C.
area, where he spent 13 years as chief financial officer and treasurer.
During his tenure, he was
responsible for finance, accounting and treasury operations during a period of
quick growth, raising annual revenue to $1 billion from $200 million.
Additionally, he helped create a privately-owned commercial real estate
portfolio with a total capitalization in excess of $700 million.
“Rick is a consummate
professional with more than three decades of real estate experience in finance,
capital and treasury operations,” said Louis
Rogers, founder and chief executive officer of Capital Square 1031.
“Rick joins Capital Square 1031 during a period
of rapid growth, when key systems are being development for the acquisition,
finance, management and ultimate sale of upwards of a billion dollars of real
estate. Rick has established a long and successful track record of success
throughout his career. I couldn’t be
happier to welcome him to the Capital Square team.”
 |
| Louis Rogers |
Prior to HITT, Stanard
served as vice president of financial services at The Robert Martin Company, a
private real estate owner, developer and manager with more than seven million square
feet of mixed New York commercial property.
While with the firm,
Stanard supervised accounting, finance and IT operations. Previously, Stanard
was a treasurer with First Winthrop Corporation (FWC) in Boston, responsible
for a six-million-square-foot acquisition and syndication valued at $757
million, and $336 million of private equity.
Prior to FWC, Stanard was
the project controller and regional director at Urban Investment and
Development in Boston, where he was responsible for a $600 million mixed-use
real estate development project, among others. Stanard also spent time as a
senior management consultant with Arthur Young & Co., now Ernst &
Young.
He earned dual bachelor’s
degrees with honors in accounting and finance from Southern Illinois University.
For a complete copy of the company’s news
release, please contact:
Julie Leber
Spotlight Marketing
Communications
949.427.5172, ext. 703
No comments:
Post a Comment