1031 Exchange Options Announces Christian Mirner as New VP of Real Estate.Business Editors/Real Estate Writers LAFAYETTE, Calif.--(BUSINESS WIRE)--March 31, 2003 1031 Exchange Options, a leading resource for investors looking to utilize a 1031 exchange to convert investment property holdings into a "Tenancy-in-Common" (TIC) investment, today announced the appointment of Christian Mirner as the company's new vice president of real estate. Mr. Mirner works with clients in the placement of exchange equity and discretionary after tax income in TIC direct placement opportunities. "We are very pleased about Mr. Mirner's decision to join 1031's rapidly growing team of industry experts," stated David Waal, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 1031 Exchange Options. "Christian's unparalleled real estate experience as a broker, principal, analyst and underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. and his strong background as an agent brings tremendous value to 1031 Exchange Options." Mr. Mirner has more than 18 years of real estate experience. Before joining 1031 Exchange Options, Mr. Mirner spent eight years as an agent with Marcus & Millichap listing and selling investment real estate with an emphasis on multi-family apartments. Subsequently, Mr. Mirner worked for TRI TRI Toxics Release Inventory (US EPA) TRI Touch Research Institute TRI Taux de Rentabilité Interne (French: internal rate of return) TRI Taux de Rentabilité Interne TRI Tile Roofing Institute Financial Corporation in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden as a loan originator Originator A bank, savings and loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering from the beginning and is usually appointed manager of the underwriting before leaving to join Archstone Communities as a member of the acquisition team in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . "It is exciting to participate in a growth industry associated with real estate," stated Christian Mirner, VP of real estate, 1031 Exchange Options. "As investors that hold highly appreciated real estate assets age, the desire to remove themselves from management increases. TIC ownership coupled with a 1031 exchange allows an investor to defer de·fer 1 v. de·ferred, de·fer·ring, de·fers v.tr. 1. To put off; postpone. 2. To postpone the induction of (one eligible for the military draft). v.intr. capital gain taxes while maintaining the benefits of real estate ownership - without day-to-day involvement." 1031 Exchange Options is the recognized leader in complete process management for 1031 exchange transactions. The company works with investment property owners seeking access to institutional-grade real estate. TIC ownership is a popular choice among real estate exchangers, as it provides investors with the benefits of co-ownership with two or more other investors. TIC investment opportunities are well suited to investors involved in the 1031 exchange process because the properties can be identified and closed in a timely manner thanks to pre-arranged financing. More importantly, a 1031 exchange into a TIC investment enables investors to remove themselves from day-to-day property management responsibilities while reaping the benefits of greater cash flow and more time to devote to personal interests. About 1031 Exchange Options Through its expertise in institutional real estate planning Estate Planning The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death. Notes: Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the , analysis and comparison, 1031 Exchange Options provides complete 1031 exchange process management from beginning to end. The company's highly talented team of industry experts focuses on providing the most knowledgeable, professional and ethical investment real estate guidance. 1031 Exchange Options sets the industry standard for performance, professionalism and integrity. The company's relationships with the leading providers of institutional-grade, real estate investment opportunities offers clients of 1031 Exchange Options exclusive, preferential pref·er·en·tial adj. 1. Of, relating to, or giving advantage or preference: preferential treatment. 2. access to quality real estate investments. 1031 Exchange Options is headquartered in Lafayette, California Lafayette is a city in Contra Costa County, California, United States. As of the 2000 census, the city's population was 23,908. It is named (in 1857) after the Marquis de Lafayette, a French military hero of the American Revolutionary War. . The company has additional branches in Connecticut, Minneapolis, Portland, Seattle and Southern California. Additional information is available at www.1031tic.com. |
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