ExchangeRight Real Estate, a sponsor of 1031 exchange investment programs, and its affiliate Telos Capital have appointed Brett Franklin as their new chief investment officer.
Prior to joining ExchangeRight and Telos, Franklin was the CIO at Everest Properties since 2011. He previously served as chief executive officer of a real estate consulting firm and was senior vice president of acquisitions and dispositions of publicly traded REIT PS Business Parks Inc. Franklin has completed more than $1.7 billion in acquisitions, dispositions and developments over the course of his career.
“Our passion is to empower our clients to become more secure, free, and generous,” said Joshua Ungerecht, managing partner at ExchangeRight and Telos. “We are excited to have someone with Franklin’s level of expertise on our team who can help us accomplish our mission.”
Franklin holds a bachelor’s degree from the University of California at Los Angeles.
ExchangeRight Real Estate delivers 1031-exchangeable DST portfolios of both long-term, net-leased properties backed by investment grade corporations and class B apartments with stable income and value-added upside potential. The company has more than $1.2 billion in assets under management.
Telos Capital is a real estate investment firm that focuses on acquiring, structuring, and managing discounted, value-add, or opportunistic private real estate investments across all asset class sectors.