ExchangeRight Adds SVP Michael Leydig to Lead Pacific Northwest Sales
ExchangeRight, a provider of Delaware statutory trust and non-traded real estate investment trust investment offerings, has expanded its strategic relations team with the appointment of Michael Leydig as senior vice president of the Pacific Northwest region. Leydig will serve advisers, representatives, and their investors in Washington, Oregon, Idaho, and Alaska.
Geoff Flahardy, ExchangeRight’s president of strategic relations, explained that Leydig was selected from a pool of talented candidates seeking to be a part of ExchangeRight’s team.
“From an abundance of highly qualified candidates, Mike stood out,” said Flahardy. “His exceptional alignment with our culture, deep knowledge of the industry, and network of relationships make us confident his contributions will help ExchangeRight extend and enhance its services for advisers and representatives across the country.”
Leydig joins ExchangeRight with more than 20 years of experience in the alternative investment industry, focusing on public and private real estate investments. He holds FINRA Series 6, 7, and 63 licenses.
Prior to joining ExchangeRight, Leydig served as an external wholesaler with Cantor Fitzgerald from 2016 to 2019, Realty Capital Securities from 2009 to 2015, and Cole Capital from 2005 to 2009.
“ExchangeRight’s reputation and ability to provide stable income at rates that meet or exceed projections is unrivaled,” said Leydig. “ExchangeRight is the only sponsor I know of that has a perfect performance track record, and that has consistently given investors the option to cash out, or complete a 1031 exchange, a 721 exchange, or any combination of those options at their discretion upon exit. It’s an honor to join an organization that genuinely cares about investors and has been consistent in upholding its commitment to protect them.”
ExchangeRight reports that the company and its affiliates’ platform has more than $5.8 billion in assets under management that are diversified across more than 1,200 properties and over 24 million square feet across 47 states. The company invests in net-leased properties in the “necessity-based” retail and healthcare industries, as well as value-add inline and outparcel retail spaces shadow-anchored by grocery tenants.
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