Capital Square, an investment sponsor specializing in tax-advantaged real estate offerings, has promoted Whitson Huffman to chief strategy and investment officer. Huffman previously served as the firm’s senior vice president and head of acquisitions.
In his new role, Huffman will oversee investment activity at Capital Square, which includes leading the firm’s real estate investments such as Delaware statutory trust/Section 1031 exchanges, qualified opportunity zone funds and other private placement investment offerings.
“Whit Huffman boasts a rare combination of exceptional management skills, an impressive academic background and natural leadership ability,” said Louis Rogers, founder and chief executive officer of Capital Square. “This trifecta, coupled with his significant expertise and proven track record in sourcing and vetting real estate property acquisitions and development opportunities, has made Whit one of our most valued executives and a vital part of Capital Square’s notable success.”
The company pointed out that since Huffman joined Capital Square in 2018, it has more than doubled its acquisition and fundraising results, with approximately $1.3 billion in transaction volume and $405 million raised in equity. Additionally, he has helped the firm expand into new areas, such as development, qualified opportunity zone funds, and rescue-equity programs for real estate distressed by the coronavirus.
Prior to joining Capital Square, Huffman was with JBG Smith (formerly The JBG Companies), an NYSE-listed real estate investment trust and fund manager with a $4.5 billion market capitalization. Previously, Huffman was employed as a consultant in the financial services group at Ernst & Young, working on banking and capital markets projects for financial institutions.
Huffman earned a Bachelor of Science degree from the Miami University Farmer School of Business in finance and a Master of Real Estate in finance from Georgetown University. He is active in a number of programs, including the National Multifamily Housing Council, the National Capital Chapter of Ducks Unlimited and the Institute of Portfolio Alternatives (IPA) inaugural Rising Leaders Council.
Capital Square sponsors Delaware statutory trusts for Section 1031 exchanges and qualified opportunity zone funds for tax deferral and exclusion. To date, the firm has completed approximately $2 billion in transaction volume. The company’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.