PASADENA, Calif. -
ExchangeRight, the nation's second largest sponsor of securitized 1031-exchangeable real estate investments, has announced the appointment of Kevin Zwick as co-director of national accounts. Zwick will primarily lead the company's efforts to strengthen and increase strategic partnerships with and provide expanded support for broker-dealers, RIAs, and custodial platforms.
"Kevin joins us during a time of incredible growth, with investors trusting ExchangeRight to steward an additional $325.4 million of DST equity investments in 2019, representing over 48% year-over-year growth," said Warren Thomas, a managing member of ExchangeRight. "In addition to our 1031 platform, we also were entrusted with approximately $50 million in investment capital into our REIT platform throughout 2019. Kevin's expertise in sales, leadership, and business development will help us to continue serving the needs of the broker-dealers and RIAs who rely on us to provide their clients with recession-resilient, net-leased portfolios that are designed to provide secure capital, stable income, and strategic exits."
Prior to joining ExchangeRight, Kevin served at Schwab as a financial and portfolio advisor and was responsible for business to business brokerage sales, mutual fund clearing, and institutional intelligent portfolio sales. Most recently, he managed new client and revenue growth of broker-dealer and FinTec sales at WealthForge as head of sales. He currently maintains Series 7, 63, and 66 licenses and received a Bachelor of Science in business administration and management from Arizona State University.
ExchangeRight and its affiliates' platform is diversified across more than 650 properties of over 13 million square feet located throughout 38 different states. More than 2,900 investors have trusted ExchangeRight to manage their capital. All of the company's current and past offerings have met or exceeded targeted cash flow distributions to investors for 91 consecutive months to date.About ExchangeRight Real Estate, LLC
ExchangeRight is a privately held firm based in Pasadena, California. Together with its affiliates, it has over $2.4 billion in assets under management. ExchangeRight pursues its mission to empower people to be secure, free, and generous by providing REIT and 1031-exchangeable investment offerings that target secure capital, stable income, and strategic exits. The company strategically acquires and manages long-term, net-leased assets backed by investment-grade corporations that operate successfully in the necessity-based retail and healthcare industries. For more information, visit www.exchangeright.com