Capital Square, an investment sponsor specializing in tax-advantaged real estate offerings, has hired Timothy Cronic as first vice president of Southeast sales, as well as Charles Campbell as an internal wholesaler to support Cronic in his new position.
In his new role, Cronic will provide sales and marketing support for broker-dealers, registered representatives and registered investment advisors in the firm’s Southeast territory, which includes Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee.
Cronic brings to his new role more than 14 years of experience as a sales professional and, before that, experience in real estate law as both an attorney and qualified intermediary having structured hundreds of deferred, reverse and construction exchanges. He has lectured throughout the U.S. on Section 1031 exchanges and real estate and has written widely on real estate topics.
Prior to joining Capital Square, Cronic spent more than a decade with SmartStop Asset Management and its affiliates, where he raised capital for self-storage and multifamily assets.
Previously, he served as an attorney for Bayview Financial and Real Estate Exchange Services specializing in regular and complex 1031 exchanges.
Cronic earned a bachelor’s degree from the University of Georgia and a juris doctor degree from John Marshall Law School. He is a member of the American Bar Association and the State Bar of Georgia, with membership in the taxation and real estate law sections.
Campbell, who will support Cronic, joins Capital Square from SmartStop Asset Management and affiliates, where he served as an internal wholesaler. Campbell earned a bachelor’s degree from California State University, Fullerton.
Capital Square specializes in Delaware statutory trusts for Section 1031 exchanges and qualified opportunity zone funds for tax deferral and exclusion. To date, the firm has completed more than $2 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.