Company News
Kingsbarn Hires Dan Mercer Jr. to Head New Investment Programs
Kingsbarn is pleased to announce the hiring of Dan Mercer Jr. as Managing Director and Co-Head of the Company's exclusive Managed-Direct Ownership® program ("MDO"). Dan will work with Kingsbarns' high-net-worth investor clients in the placement and structuring of customized 1031 exchange properties and portfolios. Along with leading the MDO business, Mercer will work directly with CEO Jeff Pori to develop additional financial products to further diversify the company’s various offerings and investments. Dan will also head-up the launch of an alternative investment fund platform which will include a new ETF strategy for investors looking for more liquidity.
“I am extremely excited about the opportunities Kingsbarn has put in front of me with their unique MDO program. Mr. Pori has created an entrepreneurial environment where flexibility and mobility are only overshadowed by the primary goal of putting the investor first,” stated Mercer.
With over 20 years in the commercial real estate industry, Mercer brings experience in acquisitions and development, as well as distribution of private placement products. Dan began his career working in the brokerage industry representing several national retail tenants in the Pacific Northwest. Dan also contributed to the development of over 5 million square feet of retail and office properties. Mercer’s background and deep understanding of capital markets have been instrumental to his success in the distribution of both income and total return investment products.
About Kingsbarn Realty Capital
Kingsbarn Realty Capital is a real estate, private equity, and development firm based in Las Vegas, Nevada. Kingsbarn structures its real estate investment opportunities for both fractional 1031 investors as well as customized portfolio solutions for large-scale investors. Kingsbarn’s management team has wide-ranging experience developing, managing, and sponsoring a diversified portfolio of stabilized, income-driven properties. Kingsbarn has acquired and currently operates over $600 million of commercial real estate throughout the United States. In 2020, Kingsbarn Capital & Development LLC was founded as the company’s development arm to expand the product offerings to include ground-up development of real estate assets and to fund operating companies who require real estate solutions across the United States.
No Offer
This is not an offer. An offer will only be made pursuant to the delivery of the required offering documents, including the private placement memorandum, as supplemented or amended (the “Memorandum”) and only in states in which the securities offered pursuant to the Memorandum are registered or exempt from registration requirements, and only by broker-dealers authorized to do so. This information discusses general information about the portfolio and is not a guarantee, prediction or projection of future performance. Diversification does not protect against loss or guarantee return. There are risks associated with investing in real estate assets, such as inflation, interest rates, real estate tax rates, changes in the general economic climate, local conditions such as population trends and neighborhood values, and supply and demand for similar property types. Investing in DSTs and 1031 exchanges involves significant tax consequences. Please refer to the Memorandum for detailed information about the offering and its associated risks and implications.
Forward-Looking Statements
This press release may contain forward-looking statements identified by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release. Kingsbarn assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events or circumstances.