RICHMOND, Va. (July 11,
2016) - 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.
Louis Rogers |
“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
more than $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.
For a complete copy of the company’s news release,
please contact:
Julie Leber
Spotlight Marketing
Communications
949.427.5172, ext. 703
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