Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust investments, announced that Mary Jo Wenmouth has joined the company as managing director.
Wenmouth, a veteran of the 1031 exchange and direct real estate investment space, will be responsible for fostering relationships with broker-dealers and due diligence officers on behalf of Capital Square 1031. She will also oversee Section 1031 investment sales in the Midwest.
“Mary Jo brings 16 years of in-depth experience in Section 1031 exchange and other Reg D investments to her position at Capital Square,” said Louis Rogers, founder and chief executive officer of Capital Square 1031. “A respected professional, she has a well-earned reputation for success and professionalism with established relationships throughout the industry that will benefit our firm and our investors alike. I couldn’t be more pleased to welcome her to our rapidly growing team.”
Wenmouth joins Capital Square 1031 from Silver Portal Capital, where she served as senior vice president. Previously, she spent 15 years with Inland Securities Corporation, where she was vice president and senior private capital consultant. In this role, she coordinated with financial advisors to facilitate Section 1031 exchange and cash investments in Regulation D private placements. She also traveled throughout the nation, collaborating with broker-dealers to provide Section 1031 exchange education to financial advisors.
From 2013 to 2015, Wenmouth originated more than $100 million in personal sales volume in the northwest. Prior to Inland Securities Corporation, Wenmouth served as vice president of Harris Bank/Bank of Montreal, and as vice president, operations manager for Clayton Brown & Associates.
As a regular presenter at the CPA Academy, Wenmouth has provided certified public accountants with continuing education credits, sharing expertise on 1031 exchanges and DSTs. She attended DePaul University in Chicago, holds FINRA Series 7, 24 and 63 licenses, and is a member of the Federation of Exchange Accommodators.
Capital Square 1031 is a national real estate investment and management company that sponsors real estate exchange programs that qualify for tax deferral under Section 1031 of the Internal Revenue Code. Capital Square uses the Delaware Statutory Trust structure and provides a range of services, including due diligence, acquisition, loan sourcing, property management/asset management, and disposition, for high net worth investors, private equity firms, family offices and institutional investors. As of February 15, 2017, the firm oversees a national portfolio of 58 real estate assets valued at approximately $600 million (based on investment cost).