RICHMOND, Va., Oct. 31, 2016 (GLOBE NEWSWIRE) -- Capital Square 1031, LLC, a leading sponsor of replacement property for Section 1031 exchanges, announced today that Andrew Baird, CPA, has joined the company as controller.
“Andrew’s successful 10-year track record in real estate accounting will make a strong addition to our finance operations,” said Louis Rogers, founder and chief executive officer of Capital Square 1031. “He will be an effective part of the team responsible for executing systems developed for the acquisition, finance, management and ultimate sale of upwards of a billion dollars of real estate. We are thrilled to welcome him to our team during this time of rapid growth.”
Baird brings more than a decade of accounting experience with real estate and financial services companies. He spent three years with Apple Hospitality REIT (NYSE:APLE) as an accounting director, responsible for SEC reporting, treasury management, and business combinations. Previously, he spent eight years in the audit practice of Ernst & Young, where he managed engagements for several real estate and financial services companies, which included audits of financial statements, business combinations and issuances of public debt and equity.
He earned a bachelor’s degree and master’s degree in accounting from Brigham Young 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 September 29, 2016, the company oversees a growing national portfolio of 54 real estate assets valued at approximately $548 million, based on investment cost. In September 2016, Capital Square was ranked as the second fastest growing company in the Richmond, Virginia area by Richmond BizSense, with 274 percent annual revenue growth from 2013 to 2015. 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 $4 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.