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1031 Exchange Options Appoints Robert Soldat and Kenneth Chong as Replacement Property Specialists for Southern California.


Business Editors/Real Estate Writers

LAFAYETTE, Calif.--(BUSINESS WIRE)--Feb. 23, 2004

1031 Exchange Options, a leading investment Consultancy for investors looking to convert investment property holdings into a "Tenancy-In-Common" (TIC) investment utilizing a 1031 exchange, announced today the appointment of Robert Soldat as Senior Replacement Property Specialist(SM) for West Los Angeles
  • West Los Angeles, Los Angeles, California, a neighborhood of Los Angeles
  • West Los Angeles (region), a popularly identified region of Los Angeles, incorporating the neighborhood above
 and Kenneth Chong as Replacement Property Specialist for 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, . In these positions, Soldat and Chong are responsible for the company's market share in Southern California and the development of relationships among select industry professionals.

Soldat has been involved in real estate analysis and management in Northern and Southern California for the past 12 years and has co-hosted real estate functions since 1996. He spent the past three years working for Park Avenue Securities in its financial and 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
 division and as Territory Vice President for Pointsource. Inc., a startup investment consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. . He has a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 and Bachelor of Arts degree from the University of California, Los Angeles UCLA comprises the College of Letters and Science (the primary undergraduate college), seven professional schools, and five professional Health Science schools. Since 2001, UCLA has enrolled over 33,000 total students, and that number is steadily rising.  and holds Series 6, 7 and 63 Securities Licenses.

Chong has spent his career helping individuals plan for retirement and transfer wealth. Prior to joining 1031 Exchange Options, Chong was the Advanced Planning Director at the Principal Financial Group, specializing in executive benefits, retirement and estate planning for executives, families and business owners. Chong earned a Bachelors of Science degree in Microbiology and Genetics, with a specialization in Business from UCLA UCLA University of California at Los Angeles
UCLA University Center for Learning Assistance (Illinois State University)
UCLA University of Carrollton, TX and Lower Addison, TX
 and is a licensed NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 series 7, registered representative and series 24, registered principal. He also earned a California Insurance License and the Chartered Financial Consultant designation from the American College American College is the name of:
  • American College Dublin, Dublin, Ireland
  • The American College in Madurai, Tamil Nadu, India
  • The American College of the Immaculate Conception, Leuven (also known as Louvain), Belgium
.

"We are pleased to have such experienced veterans join our team," said Cary Losson, Founder and President of 1031 Exchange Options. "Robert's strong sales and securities background with a detailed knowledge of real estate combined with Chong's significant experience and key relationships with industry professionals, enables 1031 Exchange Options to continue providing professionalism, knowledge and expertise to our Southern California clients when locating a replacement investment property. We look forward to working with them in pursuing our goals and objectives for 2004."

"I believe, that as an organization, 1031 Exchange Options has the highest quality leadership, the best representation in the field and the forward thinking to be able to provide our clients with the best possible service in this industry, for decades to come," said Soldat.

"The depth of knowledge, skill and experience amongst the team are the reasons why the company is the leader in TIC, or co-ownership of real estate (CORE) investments," said Chong. "I am excited to join 1031 Exchange Options and fee my affiliation with the company will allow me to help individuals preserve and transfer their hard earned wealth."

About 1031 Exchange Options

Through its expertise in institutional real estate planning, analysis and comparison, 1031 Exchange Options provides and is the recognized leader in complete process management for 1031 investment real estate exchange transactions. The company works with investment property owners seeking access to the benefits of institutional-grade real estate ownership. TIC ownership, or CORE, is a popular choice among real estate exchangers, as it provides investors with the benefits of co-ownership with two or more other investors; the properties can be identified and closed in a timely manner with pre-arranged financing; it enables investors to eliminate ongoing property management responsibilities while achieving potentially greater cash flow and improved asset quality.

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
 and provides TIC/CORE investment consulting to clients nationwide. Additional information is available at www.1031tic.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 23, 2004
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