1031 Exchange Options Announces Designation of Tom Velken as Replacement Property Specialist for Marin County.Business Editors/Real Estate Writers LAFAYETTE Lafayette (lä'fēĕt`, lăf'ēĕt`). 1 City (1990 pop. 23,501), Contra Costa co., NW Calif., a residential suburb in the San Francisco–Oakland area; settled 1848, inc. 1968. , Calif.--(BUSINESS WIRE)--Dec. 8, 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 designation of Tom Velken as Replacement Property Specialist for Marin Mar·in , John 1870-1953. American painter noted for his semiabstract watercolors, including Brooklyn Bridge. County. Tom Velken will be responsible for expanding 1031 Exchange Options' market share in Marin County and to develop nationwide relationships with North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Exchange & Chicago Deferred. Mr. Velken has more than 17 years real estate experience in all facets of real estate analysis, investment and finance. Mr. Velken joins 1031 Exchange Options with extensive experience and ownership and management in commercial and residential companies. Mr. Velken also served as senior financial portfolio analyst for Catellus Development Corporation Catellus Development Corporation is a real estate landowner that was spun off of the real estate holdings of Santa Fe and Southern Pacific Railroad. They are one of the largest landowners in California. and as a financial analyst with Cushman & Wakefield. "We are very pleased to have such a seasoned management and sales executive with experience in both financial management and customer relationships join our team," said Cary Losson, Founder and President of 1031 Exchange Options. "Mr. Velken's leadership abilities, proven success, and consultative skills uniquely position him to assist 1031 Exchange Options continuing momentum in the investment real estate industry." "It's exciting to be a part of a great team in this high growth sector of the real estate industry," said Tom Velken. "In opening up the Marin County market, I hope to expand on the already impressive growth that 1031 Exchange Options has experienced and bring my background in sales, real estate analysis and finance to further that success." 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 often well suited to investors involved in the 1031 exchange process because the properties can be identified and closed in a timely manner with pre-arranged financing. More importantly, a 1031 exchange into a TIC investment enables investors to eliminate ongoing property management responsibilities while achieving greater cash flow and improved asset quality. 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 professionalism the upholding by individuals of the principles, laws, ethics and conventions of their profession. 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 the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay . The company has additional branches covering the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. States, Pacific Northwest, and 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, . Additional information is available at www.1031tic.com. |
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