Capital Square Hires Chief Financial Officer

Capital Square, an investment sponsor specializing in tax-advantaged real estate, has hired Donna Sperounis as chief financial officer.

Capital Square, an investment sponsor specializing in tax-advantaged real estate, has hired Donna Sperounis as chief financial officer.

Sperounis brings 22 years of real estate experience to Capital Square and has an established track record in accounting, finance, reporting, asset management, operations, business planning, and development of multifamily rental communities and for-sale projects.

Prior to joining the firm, Sperounis was CFO and chief operating officer at Dakota Partners, where she oversaw accounting and asset management. While with Dakota Partners, she increased cashflow by 50 percent, maximized tax incentives, and improved the reinvestment of capital by 35 percent through the creation of a new business plan, the company said in a statement.

Previously, Sperounis served as controller for Alliance Realty Capital, as chief accounting officer with Plymouth Industrial REIT Inc., and as senior vice president of operations and finance at Franklin Street Properties.

“Capital Square is growing rapidly, with record fundraising, record hiring, record number and size of investment programs and, most importantly, record returns for investors,” said Louis Rogers, founder and chief executive officer of Capital Square. “To reach Capital Square’s full potential, we need an exceptional leader to serve as chief financial officer…”

Rogers added, “Sperounis is highly skilled in developing and executing financial processes and is a collaborative communicator and an effective negotiator. She has a proven track record growing real estate firms organically and through mergers and acquisitions, including experience with public and private REITs…”

Sperounis graduated from Ashford University with a bachelor’s degree in business and a minor in accounting.

Capital Square is a real estate firm specializing 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, the firm has completed more than $5.6 billion in transaction volume. Capital Square’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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