Accruit's Jordan Born and Cantor Fitzgerald Capital's Peter Svach present an educational session on 1031 exchanges at David A. Noyes Wealth Advisors in Chicago to real estate attorneys, brokers and investors. The topics include Section
1031 exchange requirements and benefits and
Accruit’s Exchange Manager platform.
DENVER, CO – Accruit, a financial technology company specializing in escrow and 1031 exchange services, today announced the general availability of its fifth major release of its Exchange Manager application that makes tax-deferred exchanges of real estate safe, secure and simple for both clients and advisors. With this unique app, investors and advisors can more easily participate in 1031 exchange transactions that provide increased cash flow of up to 40 percent of asset sales.
A real estate transaction can be a perplexing process no matter if it’s large or small. The precise procedures and professionals pushing paper appear puzzling regardless of whether the transaction qualifies for a tax-
deferred exchange under Section 1031. While there are many legal and financial aspects that revolve around the purchase and sale of real estate, the closing of a real estate transaction should not be an adversarial process. No useful reason exists to think of or treat a closing like litigation although it does happen. Everyone involved needs to work together in a cooperative way to consummate the deal. Real estate law is a function of locality and custom in many respects; however, we will generally review some commonalities in the closing of a real estate transaction.
On Friday, March 30, Accruit's Martin Edwards and Jordan Born joined other members of the Federation of Exchange Accommodators (FEA) in a meeting with Rep. Raja Krishnamoorthi (D-IL-8) to discuss 1031
like-kind exchanges and their value to economy.
The John Marshall Law School in Chicago, Illinois hosted a Careers in Real Estate Law program on Thursday, March 29, 2018. Jordan Born, Associate General Counsel for Accruit, was a panel speaker at the event in which alumni of the LL.M. Real Estate program discussed their career paths and practice in Real Estate Law to both J.D. and LL.M. students. It was a great opportunity to espouse the services that Accruit provides to the attendees and Director of the Center for Real Estate Law, Professor Celeste Hammond. Jordan enjoyed being a part of the discussion and looks forward to future informational sessions and panel discussions through The John Marshall Law School Center for Real Estate Law.
Crowdfunding Part I, we covered the basics of crowdfunding, including the definitions of common types of crowdfunding, including equity, debt, donation and
reward crowdfunding structures. In this installment, we’ll explore some additional
regulatory detail, focusing on equity crowdfunding and Title III of the Jumpstart Our Business Startups Act (JOBS Act) and Regulation Crowdfunding.