IPA Awards Two Industry Veterans for Outstanding Service

The Investment Program Association, a trade association that represents the non-traded alternative investment industry (which the association refers to as the “portfolio diversifying investments industry”), recognized two industry veterans, David Fisher and Jerry Stahlecker, with Outstanding Service Awards at their 2017 IPA Vision & Broker-Dealer Due Diligence Symposium held last week in Chicago.

Fisher is the founder, partner, and managing member of ExchangeRight and was recognized for advocating on behalf of the 1031 industry and being a committed supporter of the broker-dealer community.

Stahlecker, executive vice president at FS Investments and an IPA board member, was honored at the event for being an advocate and contributor to the growth of the industry.

Although he didn’t receive an award, Mitchell Sabshon, president and chief executive officer of Inland Real Estate Investment Corporation, was recognized for his dedication serving as the current IPA chairman and advocate for 1031 investments.

The IPA supports individual investor access to a variety of asset classes with low correlation to the traded markets and historically available only to institutional investors, including: non-traded real estate investment trusts (which the IPA calls “lifecycle REITs”), perpetual life REITs, non-traded (“lifecycle”) business development companies, interval and closed-end funds, energy and equipment leasing programs and real estate private equity offerings. The mission of the IPA is to advocate for such investments through education and public awareness.

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