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1031 Exchange Options Names David Waal Chief Executive officer.


Business Editors

LAFAYETTE, Calif.--(BUSINESS WIRE)--Dec. 2, 2002

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 David Waal as the company's new chief executive offer. Mr. Waal will oversee the company's long-range corporate planning and strategy, cementing the company's ability to expand its leadership position in the 1031 Exchange investment real estate industry.

1031 Exchange Options has completed more 1031 TIC exchange transactions than any other organization in the country. Mr. Waal's appointment publicly underscores the company's commitment to its strategic business growth and as well as its focus on providing the most knowledgeable, professional and ethical investment real estate guidance.

"We are delighted to name David Waal to this critical leadership post," said Cary Losson, founder and president, 1031 Exchange Options. "David has top-notch credentials CREDENTIALS, international law. The instruments which authorize and establish a public minister in his character with the state or prince to whom they are addressed. If the state or prince receive the minister, he can be received only in the quality attributed to him in his credentials.  working with Fortune 100 companies and will be a tremendous asset in building momentum for the company's strategic vision. David's business and management skills, coupled with his senior marketing and sales experience, make him an ideal fit for this new position."

Mr. Waal has more than 23 years of management and sales experience. Before joining 1031 Exchange Options, Mr. Waal worked as a business consultant specializing in corporate strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.  and management development. He additionally founded Mucho.com, a B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 Internet company, and co-founded Gateway Group, Inc., a systems engineering 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
.

1031 Exchange options works with investment property owners seeking access to institutional-grade opportunities. 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 properties 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. And, 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 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 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 offices in Connecticut, Minneapolis, Portland, Seattle 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, .
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 2, 2002
Words:450
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