press releases

Accruit Elects new Board Chairman

Denver, CO – August 19, 2019 Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kind exchanges announced multiple board appointments today.

Joseph C. Lane, who has been on the board of directors at Accruit since September 2007, accepted a new role of Chairman of the Board of Directors. Joe currently also serves as Vice Chairman of Napier Park Global Capital, a $12 Billion Private Equity and Asset Management firm in New York and London.

Accruit Poised for Growth with New Key Leadership Hires

Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kind exchanges announced two new leadership hires today.

Britton Goldman joined Accruit in a newly created role of Controller, to strengthen and automate Accruit’s finance, treasury and accounting processes. With eleven years of experience in both public accounting and finance roles, he has held a variety of senior finance roles at GE within Digital, oil & gas and real estate divisions. Britton is a certified public accountant in Texas. He received his Master of Science and a Bachelor of Administration in Accounting from Texas Tech University.

Accruit Divests Ownership and Use of PaySAFE Name

Denver -- Accruit, LLC announces today that it has divested its ownership and the use of the name and mark PaySAFE. Should Accruit choose to offer future transactions similar to those previously provided under the PaySAFE name, those transactions will be managed under the mark and name of Accruit or other entity not utilizing the name PaySAFE.

Accruit Announces Formation of Technology Advisory Board

Accruit, a financial technology company and qualified intermediary specializing in 1031 exchange services, is pleased to announce its newly-formed technology advisory board, a strategic committee of technology experts.

Denver, CO – Accruit’s newly assembled technology advisory board held its inaugural meeting last month at the company’s Denver headquarters. The board is comprised of technical subject matter experts from inside and outside the organization. The purpose of the board is to provide strategic guidance on evolving technologies and developing new solutions that continually improve the client experience and grow Accruit’s service offering.

Accruit Exchange Manager Simplifies 1031 Exchange Process

Denver -- Accruit, a trusted managed service provider of 1031 exchanges, announced that, since its latest release in 2018, the Accruit Exchange Manager SM ( Exchange Manager) has processed more than a thousand like-kind exchanges in 38 states plus the District of Columbia. With this application, investors and their advisors can efficiently and securely manage 1031 exchange transactions that provide capital gains tax deferral and increased cash flow.

Accruit Targets Long Term Growth with Addition of CFO Pat Frawley

DENVER – Accruit, a financial technology company that manages more than $8 billion in money flow annually, has announced the addition of Pat Frawley as the company’s Chief Financial Officer. Frawley has over 30 years’ experience in accounting and finance at organizations ranging from early-stage to multi-national businesses.

Accruit Expands 1031 Exchange Capabilities and Technology Footprint

DENVER, CO – Accruit, a financial technology company and leader in the 1031 like-kind exchange industry, has acquired Montana-based American Equity Exchange, founded in 1991 by 1031 veteran, Max A. Hansen. Hansen will join Accruit as an Executive Vice President and continue serving exchange clients from his Montana location.

Accruit Focuses on Accelerating Growth with Addition of Industry Marketing Veteran to its Advisory Team

DENVER, CO – Accruit, a financial technology company that manages more than $8 billion in money flow annually, has engaged Larry Drury of Drury Marketing Group to lead the company’s marketing efforts as it expands its services and accelerates its growth. Drury has over 25 years of marketing experience across B2B and B2C business models in multiple industries with a focus on high-growth, financial technology companies.

Accruit Again Transforms 1031 Exchange Industry with Major Release of Exchange Manager

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.

Accruit Expands Real Estate Division with Addition of Veteran Attorney, Jordan A. Born, J.D., LL.M.

Accruit, LLC, a financial technology company specializing in escrow and 1031 exchange services, is pleased to announce the addition of Jordan Born as Associate General Counsel.

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