14 Apr 2016
LOS ANGELES, Calif. – Matthews Real Estate Investment Services™, a leading brokerage specializing in commercial real estate transactions for institutions, developers, and private clients, reports tremendous growth resulting from its 1031 Private Client Advantage™ program. Offering the industry’s only 1031 Exchange program, the company is encouraging private clients to expect more from their 1031 Exchange and, in turn, reshaping the way brokerages execute exchanges.
“We identified a critical need in the industry and we were driven to fill that need,” says Chad Kurz, National Director of Matthews Retail Advisors™ Single-Tenant Net-Leased Practice Group. “When we surveyed our private clients, they reported two formidable risks that deterred them from effectuating a 1031 Exchange. The primary concern was the unknown of what to identify as an up-leg investment and second was the ability to identify and acquire the replacement property within the 180-day timeline.”
With information and a passion to remove the barriers standing between private investors of multifamily, shopping center, and single-tenant net-leased retail property and their ability to better their position through an exchange, the company developed the 1031 Private Client Advantage program. The 10-step process has brought a solution to the uncertainty and risk that private clients have invariably associated with 1031 Exchanges.
Win-Win for Clients and Company
The program’s success arises from the strategically developed components within it. An Investment Security Profile on the client’s down-leg and up-leg investments, a Motivation Ranking that identifies the client’s goals for investing in commercial real estate, and direct interaction with the company’s Exchange Accommodator partner are a handful of the 1031 Private Client Advantage program’s unique offerings to clients.
Supporting the program’s success is the organizational structure of the company. Where agents at competing brokerages specialize in a general product type (e.g. retail, office, multifamily, etc.) Matthews’ agents specialize in a specific tenant (e.g. Advance Auto Parts, Chase Bank, garden low-rise, mid-rise, etc.). This lack of internal competition for clients fosters a culture where agents operate collaboratively as they maintain and grow the industry’s largest unified database of active investors. This unique structure was a vision of the company’s Founder and CEO Kyle Matthews who saw an opportunity to better serve his clients than what he saw being offered to them by existing brokerages.
“The foundation of our company is built upon providing superior client services through specialization, innovation, and collaboration,” explains Matthews Real Estate Investment Services Chairman and CEO Kyle Matthews. “Our differentiators enable us to provide our clients with a unique brokerage experience that is unparalleled by other companies. We are ecstatic to see that our clients are hearing about the program, the results, and are reaching out to our deal teams to raise their bottom line.”
For more information regarding the company’s 1031 Private Client Advantage program, contact Stacey Rogers at (310) 955-1774 or via email at firstname.lastname@example.org.
About Matthews Real Estate Investment Services:
Matthews Real Estate Investment Services™ is the nation’s fastest-growing brokerage firm, ranked #1 in annual retail sales and recognized as an industry leader in shopping center, NNN retail, multifamily, portfolio disposition and 1031 Exchange transactions. Defined by a culture of passion and innovation, clients experience unrivaled execution and an unprecedented level of teamwork. Matthews Real Estate Investment Services™ is comprised of specialized divisions including Matthews Retail Advisors™ and Matthews Multifamily Advisors™. The firm is headed by Kyle Matthews, Chairman and CEO, is headquartered in El Segundo, CA and serves clients throughout the United States and Canada.
Learn more at www.matthews.com.
Contact: Stacey Rogers