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RealAdvice Strengthens Leadership with Alexis Vennes' Promotion

In a significant move that marks its commitment to strategic growth, RealAdvice, a leading player in the commercial real estate tax advisory sector, has announced the promotion of Alexis Vennes to the position of President and Chief Operating Officer. This newly formalized role underscores the company's ambition to bolster its operations as it continues to expand its footprint across the nation.

Alexis has been a vital force behind RealAdvice’s operational success, overseeing numerous aspects that translate the company's strategic vision into actionable plans. In her previous role, she was instrumental in enhancing operational efficiency, refining client engagement processes, and fostering collaboration among various teams within the organization, including appraisal, accounting, and advisory services. Now, as the President and COO, her responsibilities have broadened to include enterprise strategy and external leadership, while she still maintains oversight of the firm’s daily operations.

According to Todd Jones, CEO of RealAdvice, Alexis’s leadership has been pivotal to shaping the firm's current stature. He noted, "Her promotion reflects both the scale we've achieved and our aspirations for the future. It allows me to concentrate more on external relations with clients, partners, and policymakers, while ensuring our organization functions at peak performance."

This appointment represents an evolution in RealAdvice’s structure, transitioning from an operational focus to a more intentional leadership dynamic aimed at fostering growth across various asset classes such as multifamily units, office spaces, and retail establishments. Alexis’s new focus will be on enhancing internal decision-making processes, expanding the company's national presence, and furthering its mission to provide clients with defensible tax strategies that improve their transaction outcomes.

With RealAdvice setting high standards for valuing and managing nontaxable assets, Alexis emphasized the company's unique approach in transforming how commercial real estate investors perceive net operating income, pointing out significant pitfalls often overshadowed by property assessors. She stated, "Our innovative methods are not only catching the attention of investors but also influential figures in regulation, legislation, and academia. My objective is to navigate this evolution for the benefit of taxpayers, as well as for the next generation of professionals in the real estate sector."

RealAdvice employs a proprietary, cloud-based analytical platform that effectively addresses gaps between real property valuation and the valuation of intangible business assets. This method has enabled clients to minimize their property and transfer tax burdens substantially before transactions close. To date, RealAdvice has played a critical role in facilitating over $100 billion in transactions, generating nearly $1 billion in first-year tax savings and ensuring accurate and defensible valuations.

With Alexis at the helm as President and COO, RealAdvice is poised to underpin its vision for future growth while continuing to redefine industry benchmarks for operational excellence. As the firm prepares for the evolving landscape of commercial real estate, her leadership is key to steering the organization towards anticipated growth and sustained success. For more information about the team at RealAdvice and their innovative approach, be sure to visit their website, https://realadvice.com.

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This elevation of Alexis Vennes is not just a personal milestone but is also a strategic pivot for RealAdvice as it gears up for future challenges and opportunities in the ever-evolving commercial real estate market. Her expanded role is expected to catalyze the firm’s continuing efforts in providing pioneering solutions to complex real estate transactions, ensuring that they remain at the forefront of the industry’s transformation.