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Former Inland Exec Joins Capital Square 1031 as Managing Director

Former Inland Exec Joins Capital Square 1031 as Managing Director

May 19, 2017 Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust investments, announced that Mary Jo Wenmouth has joined the company as managing director. Wenmouth, a veteran of the 1031 exchange and direct real estate investment space, will be responsible for fostering relationships with broker-dealers and due diligence…

Mary Jo Wenmouth Joins Capital Square 1031 as Managing Director

Mary Jo Wenmouth Joins Capital Square 1031 as Managing Director

RICHMOND, Va. (May 18, 2017) – Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust investments, announced today that Mary Jo Wenmouth, a veteran of Section 1031 exchange and direct real estate investments, has joined the company as managing director. Wenmouth will be responsible for fostering relationships with…

Founders of three Henrico-based businesses among finalists for EY Entrepreneur of the Year Award

Founders of three Henrico-based businesses among finalists for EY Entrepreneur of the Year Award

April 27, 2017 The founders of three Richmond-area companies are among the finalists for the 2017 Mid-Atlantic Entrepreneur of the Year Award given by the professional services firm EY. Entrepreneurs who lead 32 businesses based in Virginia and Maryland are finalists for the regional award, which recognizes business leaders who are excelling in areas such…

EY announces finalists for entrepreneur award in Mid-Atlantic region

EY announces finalists for entrepreneur award in Mid-Atlantic region

April 26, 2017 The program recognizes entrepreneurs excelling in areas such as innovation, financial performance and commitment to their businesses and communities. Award winners, selected by a panel of independent judges, will be announced at a June 15 gala at The Ritz-Carlton in Tysons Corner. The majority of the Virginia-based companies hail from Northern Virginia,…

Guest Opinion: A Call to Action in Defense of 1031 Exchanges Part Two

Guest Opinion: A Call to Action in Defense of 1031 Exchanges Part Two

April 7, 2017 By Louis Rogers, president of Capital Square 1031 Last year, the Congressional Republicans proposed a sweeping overhaul of the Internal Revenue Code that would essentially repeal Section 1031 along with the deduction for business interest. A key provision would allow taxpayers to expense (write off) 100 percent of their depreciable basis in…

Capital Square 1031 Acquires 232-Unit Alexander Pointe Apartments in Orange Park, Florida

Capital Square 1031 Acquires 232-Unit Alexander Pointe Apartments in Orange Park, Florida

March 31, 2017 JACKSONVILLE, FL – Capital Square 1031 announced that the firm recently completed its fourth acquisition in seven months financed with a loan originated by Walker & Dunlop to be assigned to Fannie Mae with the purchase of Alexander Pointe Apartments. Alexander Pointe Apartments is a Class B, garden-style community with 232 apartment…

Guest Opinion: A Call to Action in Defense of 1031 Exchanges

Guest Opinion: A Call to Action in Defense of 1031 Exchanges

March 30, 2017 By Louis Rogers, president of Capital Square 1031 Early in 2016, the Obama administration proposed a $1 million per taxpayer per year limitation on the real property gain that could be deferred under Section 1031. While that proposal is dead, the perfect storm has developed to create the potential for sweeping tax…

Capital Square 1031 Completes Fourth Acquisition With Fannie Mae Financing in Purchase of Alexander Pointe Apartments in Jacksonville, Fla.

Capital Square 1031 Completes Fourth Acquisition With Fannie Mae Financing in Purchase of Alexander Pointe Apartments in Jacksonville, Fla.

RICHMOND, Va. (March 30, 2017) – Capital Square 1031 announced today that the firm recently completed its fourth acquisition in seven months financed with a loan originated by Walker & Dunlop to be assigned to Fannie Mae with the purchase of Alexander Pointe Apartments. Alexander Pointe Apartments is a Class B, garden-style community with 232…

Capital Square 1031 Completes Two DST/1031 Exchange Offerings

Capital Square 1031 Completes Two DST/1031 Exchange Offerings

March 15, 2017 Capital Square 1031, a sponsor of replacement property for Section 1031 exchanges, announced that its Delaware statutory trust offerings, CS1031 Birmingham MOB DST and CS1031 Kinston MOB DST have been fully subscribed by investors. “Each of these offerings include real estate occupied by [affiliates of Fresenius Medical Care] the world’s leading provider…