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1031 CF Properties Forms Selling Group to Target Broker-Dealer Channel

1031 CF Properties LLC, a sponsor of senior housing Delaware statutory trusts, announced its formation of a new selling group to expand beyond its traditional direct-to-investor crowdfunding sales strategy to include distribution via the independent broker-dealer channel.

With an acute understanding of the evolving landscape in the senior housing sector, 1031 CF Properties identified a pressing need for greater diversification options. The decision to enter the broker-dealer channel reflects the company’s commitment to providing assisted living and memory care products and addressing industry challenges head-on.

“We are thrilled to extend our expertise in real estate syndication, building upon our proven track record in the DST space,” remarked Edward Fernandez, chief executive officer and founder of 1031 CF Properties.

“Our entry into this sector not only fulfills investor demand for diversification but also reinforces our dedication to driving growth and stability within the market,” said Fernandez, who is spearheading the firm’s national accounts efforts to secure selling agreements for its proprietary senior housing-focused offerings.

“Our expertise in acquiring and managing assisted living and memory care facilities enables us to offer tailored solutions that drive significant value,” said Miles Carrington, the president of sales at 1031 CF Properties.

“We look forward to forging strong partnerships and delivering top-tier investment opportunities to our selling group and clients,” added Carrington.

External sales will be led by Carrington and Fernandez for the time being, with plans to grow with demand and after 1031 CF Properties’ availability to the broker-dealer channel is established. The internal sales team includes Josh Vandesteeg, senior internal wholesaler, and a trio of internal wholesalers: Brian Coughlin, Olivia Esquivel, and Taylor Fernandez.

Peter A. Elwell, chief investment officer at 1031 CF Properties, noted the significant demographic shifts that will soon affect senior housing real estate. “By 2030, 10,000 baby boomers will turn 80 every single day. The aging population is driving significant demand for senior housing, as their growing needs for suitable residences and healthcare services increase. Working with a seasoned team that can professionally manage your portfolio can be suitable for investors who want access to this thriving sector,” said Elwell.

Begun in 2018, 1031 CF Properties seeks to deliver diversified investment opportunities. The company has since managed 15 properties across nine states. 1031 Crowdfunding is a real estate investment platform for 1031 exchanges and alternative investment vehicles focused on tax deferral with more than $2.1 billion in securities sold.

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