Capital Square Announces Two New Executive Promotions
Capital Square, an investment sponsor specializing in tax-advantaged real estate offerings, has promoted Chris Oley to executive vice president of finance and treasury, and Jake Baum to vice president of acquisitions and development.
Capital Square, an investment sponsor specializing in tax-advantaged real estate offerings, has promoted Chris Oley to executive vice president of finance and treasury, and Jake Baum to vice president of acquisitions and development.
Oley, who joined Capital Square in 2019 as senior vice president of finance and analytics, oversees financial planning for both short- and long-term company growth as well as helping to secure and deploy debt to meet the company’s financial needs. Prior to Capital Square, he served as director of finance at Weinstein Properties for 12 years, and worked as a margin analyst for CarMax, a factory controller for Alfa Laval, and a senior forecast analyst for Circuit City. He holds a bachelor’s degree in accounting from the Pamplin College of Business at Virginia Tech.
Baum joined the firm as development manager in 2019 and leads all aspects of the development process at Capital Square from acquisition through stabilization, with the assistance of the development manager, acquisition analysts and the executive team. Previously, he served as development manager at Hook Properties, where he developed multifamily projects in the Mid-Atlantic. Baum also spent time at CAS Riegler Companies and ComfortSystems USA in construction management. He holds a bachelor’s degree in mechanical engineering from the University of Virginia and a master’s degree in real estate from Georgetown University.
“As Capital Square has grown, we have been joined by a new group of highly skilled executives, including Chris Oley in finance and Jake Baum in development,” said Louis Rogers, founder and chief executive officer of Capital Square. “With Oley’s assistance, Capital Square has created new analytical tools to help investors diversify their real estate holdings to reduce risk and track the firm’s available cash and credit facilities to maximize the acquisition pipeline. Baum is responsible for five qualified opportunity zone funds and a number of other ground-up developments that are on track and under budget, with construction loans being negotiated on favorable terms.”
Capital Square specializes in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges and qualified opportunity zone funds for tax deferral and exclusion. Since 2012, Capital Square has completed more than $2.6 billion in transaction volume. The firm’s related entities provide due diligence, acquisition, loan sourcing, property/asset management, and disposition, for high net worth investors, private equity firms, family offices and institutional investors.
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