Tuesday, August 23, 2022

Peachtree Appoints Former CIO Tim Witt to Head Its 1031 Exchange Delaware Statutory Trust Program

 

 Tim Witt 

ATLANTA (Aug. 22, 2022) – Peachtree Group ("Peachtree") is proud to welcome Tim Witt as its president of the company's newly launched 1031 Exchange Delaware Statutory Trust ("DST") program.

As former Chief Investment Officer of DAI Securities, Witt has more than 25 years of experience with a focus on alternative investments. He is a proven leader with expertise in finding investment solutions that can provide attractive, risk-adjusted returns.

"As we expand our array of high-quality, diversified investment strategies, we wanted to create 1031 Exchange DSTs to provide tax deferral strategies in the hospitality sector," said Greg Friedman, Peachtree's CEO and managing principal.

Greg Friedman

"To strengthen our vertically integrated investment platform that will benefit our stakeholders, we knew Tim's experience building out alternative investment platforms would be the perfect fit to launch our program."

Before joining DAI, Witt served as CIO of Concorde Investment Services and, before that, was a Legislative Director at the United States House of Representatives during the 113th Congress.

 He began his career as a Wall Street equity analyst and has been recognized by the Wall Street Journal as an All-Star Analyst.

Contacts:

 Charles Talbert

Corporate Communications Director

678-823-7683

ctalbert@peachtreehotelgroup.com

 www.peachtreegroup.com.

 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

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