Mark Flanagan

Accruit EVP to Speak at Midwest Net Lease Summit

Chicago, IL - August 19, 2015

Martin Edwards, Executive Vice President of Accruit, LLC, will be among the industry experts presenting at today’s Midwest Net Lease Summit conference in Chicago. Edwards will be moderating a series of roundtable sessions for the attendees on the topic of 1031 like-kind exchanges.

The Midwest Net Lease Summit, hosted by Midwest Real Estate News Magazine, will draw the biggest names in the net lease, sale leaseback and 1031 Exchange markets. Industry experts will discuss the latest trends, financing options and market conditions in the industry.

Edwards joined Accruit in 2011 with the company’s acquisition of North Star Deferred Exchange, a Chicago-based provider of qualified intermediary services he founded in 1997. He brings 35 years of experience in the field of tax deferred exchange administration to Accruit.

Accruit COO Finalist for Outstanding Women in Business Award

Accruit's Chief Operating Officer, Karen Kemerling, is one of three finalists for Denver Business Journal's 2015 Outstanding Women in Business award in the Banking, Finance and Accounting category.

Each year, the Denver Business Journal recognizes Denver's most influential women with awards in the categories of Architecture, Engineering and Construction; Banking, Finance and Accounting; Communications, Media and Public Relations; Education, Government and Nonprofits; Health Care; Large Business Owner; Law; Mile High Leaders; Real Estate; Small Business Owner; Technology and Telecommunications; Lifetime Achievement and the newly added Energy Industry.

The other finalists in the Banking, Finance and Accounting category are Kathryn Albright of U.S. Bank and Barbara Brohl of the Colorado Department of Revenue. View a slideshow of the 2015 finalists in all categories and join the Outstanding Women in Business Awards Luncheon on Thursday, August 20, 2015.

New Study Confirms Like-Kind Exchanges Encourage Job Creation and Stimulate Economic Growth

A new, in-depth study of the U.S. commercial real estate market found that 1031 like-kind exchanges strengthen the market and stimulate job creation, investment, and economic growth.

“The Economic Impact of Repealing or Limiting Section 1031 Like-Kind Exchanges in Real Estate” analyzed more than 1.6 million real estate transactions over an 18-year period. It was commissioned by the Real Estate Like-Kind Exchange Coalition, comprised of organizations across all sectors of the industry, in response to legislative proposals to repeal Section 1031.

Accruit Director of National Accounts Speaks at IEDA Event

Nashville, Tennessee – June 19, 2015

Accruit’s Director of National Accounts, Stephen Doherty, spoke last week at a networking event hosted by the Independent Equipment Dealers Association (IEDA) on the topic of 1031 like-kind exchanges and their use in the heavy equipment industry.

“Last year, Accruit’s heavy equipment clients enjoyed nearly $2 billion in cash benefits from 1031 like-kind exchanges, a game changer in the competitive rental equipment market allowing businesses to offer customers higher quality rental equipment,” said Doherty. “We’re excited to offer this opportunity to IEDA members.”

ELFA Capitol Connections 2015

In an effort increase awareness of current policy issues and to convey the voice of the equipment leasing and financing industry, members of the Equipment Leasing and Finance Association (ELFA) are on Capitol Hill May 13-May 14 for meetings with elected officials and legislative staff.

Accruit's Brent Abrahm joined top executives in the leasing industry to meet with members of Congress and the Joint Committee on Taxation on matters pertinent to like-kind exchanges.

Photo: (left to right) Dan McKew of Capital One Leasing, Representative Lynn Jenkins (R-KS), Accruit's Brent Abrahm

Accruit Announces New Client, Pride Equipment

Pride Equipment to Utilize Like-Kind Exchange Strategy

Denver, Colorado – April 6, 2015 - Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) services and 1031 like-kind exchange (LKE) program solutions, announced today that they have been selected as the QI for Pride Equipment, a family-owned and operated company based in Islip, New York that services the industrial, construction and movie production industries.

1031 Like-Kind Exchange Impact Study Results Released

On Tuesday, March 17, the Section 1031 Like-Kind Exchange Coalition released the results of a study that examines the impact of the repeal of 1031 like-kind exchanges (LKEs). The study, which was conducted by Ernst & Young, concluded that the impact of 1031 repeal would be a slowing of economic growth and a reduction in GDP.

Accruit Expands with New Hires in Business Development and Digital Marketing

Accruit, LLC, the nation's leading provider of qualified intermediary (QI) services and 1031 like-kind exchange (LKE) program solutions, is pleased to announce two new additions to the company: Chad Schleicher, in the role of business development manager, and Mark Flanagan as digital marketing & sales manager.

Schleicher comes to Accruit from Inland Securities Corporation's Chicago headquarters where he was a broker-dealer relationship manager. Prior to this, Schleicher worked with Cole Capital as a property accountant. He holds a Graduate Accounting Certificate and Bachelor of Science in Business and Finance from the University of Phoenix.

Accruit CEO Raises Funds for Education Charity in 2-Day Cycling Tour

Accruit CEO Brent Abrahm has completed the 2014 Preferred Gran Fondo. The 2-day event is a cycling tour of Illinois, Indiana and Michigan to raise money for the Network for Teaching Entrepreneurship (NFTE). This year's event raised over $20,000, which directly supports NFTE participants in Chicago-area schools.

How Tax Liability Increases Driver Turnover

We all know that one of the most vexing problems plaguing the trucking industry today is driver turnover and the expense and havoc it creates throughout virtually every trucking organization. We also know that the reasons for driver turnover are not uniform nor predictable and vary dramatically by region, by company and by your operating practices and business model.
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