IPX1031 Strengthens Leadership with New Appointments
Investment Property Exchange Services, Inc. (IPX1031) has recently announced the strategic appointment of James Beck, Esq. as the Vice President and Manager of its National Reverse and Improvement Exchange Division. This move is part of the company's ongoing commitment to enhancing its legal services in the complex realm of 1031 exchanges. Beck, who has been an attorney since 1992, has cultivated a wealth of expertise as the Reverse Exchange Counsel at IPX1031 since 2013. This extensive experience equips him to handle intricate 1031 Exchange structures adeptly. He takes over from Hugh Pollard, Esq., whose retirement marks the end of an era at IPX1031.
In a parallel development, Martin Karol, Esq. has been promoted to Senior Counsel within the same division. With a background in tax law since 2000, Karol is recognized for his advisory role concerning Reverse and Improvement Exchange structures. His promotion signifies IPX1031's investment in its legal talent as it aims to navigate an increasingly complex exchange landscape.
The company has also welcomed Kelly Pearl, Esq., a seasoned veteran with over 25 years of experience in 1031 exchanges, as Vice President and Exchange Counsel. Pearl's specialized knowledge in international 1031 exchanges is expected to bolster IPX1031's legal team, allowing the company to provide even more sophisticated strategies and solutions to its clients.
John Wunderlich, President of IPX1031, expressed his confidence in Beck's leadership, stating, "James' technical command of reverse and improvement structures and decades of client work make him a great leader for this next phase of IPX1031's growth." He further highlighted that with Kelly's expertise and Martin's promotion, the company is poised to enhance its ability to assist investors in executing complex exchanges efficiently and with confidence.
Reverse and Improvement (or Build-to-Suit) Exchanges offer investors invaluable flexibility regarding the timing of purchases, sales, and construction. However, these exchanges are among the most intricate types of 1031 exchanges, necessitating specialized structuring and legal counsel. Thus, the establishment of the dedicated Reverse and Improvement Exchange Division (RIED) aims to address these complexities creatively and effectively.
Through Beck's proactive leadership and the expanded legal team, IPX1031 affirms its leading position in providing top-tier Reverse and Improvement Exchange solutions tailored to the demanding needs of investors, advisors, and other transaction stakeholders.
About IPX1031
Investment Property Exchange Services, Inc. (IPX1031) stands as one of the largest and most established Qualified Intermediaries in the United States. As a subsidiary of Fidelity National Financial, Inc. (NYSE: FNF), a Fortune 500 entity, IPX1031 is committed to the highest standards of security and professional expertise in facilitating various types of 1031 exchanges. Its nationwide team comprises experienced attorneys, accountants, and industry specialists, dedicated to offering guidance and solutions to clients and their advisors. For further information, visit
www.ipx1031.com.