ExchangeRight, a sponsor of securitized 1031 exchange real estate offerings, has hired Leo Peters as senior vice president of the central and western region, with a specific focus on Texas, Oklahoma, Louisiana, Arkansas, and Mississippi.
Peters is 25-year veteran of the financial industry and previously served as regional vice president at Preferred Capital Securities and held asset management and sales roles at other established firms, including Prudential Financial and Pacific Life.
He graduated from The University of Texas at Austin with a bachelor’s degree in economics and holds FINRA Series 7, 6, and 63 licenses, as well as a certified investment management consultant license with Investments & Wealth Institute and a certified retirement counselor license with the International Foundation for Retirement Education.
“Leo joins us during a time of incredible demand as representatives and advisors continue to recognize the need for recession-resilient offerings,” said Warren Thomas, a managing partner of ExchangeRight.
In related news, last week, ExchangeRight announced that Bill Cerelli joined the firm as senior vice president in the Eastern region, with a specific focus on Florida and Puerto Rico.
ExchangeRight invests in necessity-based retail and healthcare properties, and together with its affiliates, oversees a portfolio of 675 properties totaling more than 14 million square feet located in 38 states. The company has more than $2.6 billion in assets under management.