Company News
Kingsbarn Real Estate Capital Hires Danny Held as Regional Vice President, North Los Angeles
Los Angeles, California – August 26, 2021 – Kingsbarn Real Estate Capital is proud to announce the addition of Danny Held as Regional Vice President for the north Los Angeles and San Fernando Valley market. In his new role, Held will be responsible for developing new business relationships and promoting simplified 1031-exchange property solutions offered through the company.
Born and raised in South Los Angeles, Danny started his professional brokerage career at Sands Investment Group, where he represented private investors, REITs, and institutions in the disposition of their assets. Successfully completing approximately $100M of transactional sales volume, Danny realized his greatest strength was having the ability to build relationships and create solutions for his clients.
“We are extremely pleased to have Danny join our team,” stated Jeff Pori, CEO. “Mr. Held has a deep understanding of what it takes to be successful in an ultracompetitive market. I am very confident in Danny and his ability to provide expertise and value to Kingsbarn’s clientele.”
Kingsbarn Realty Capital is a real estate private equity firm focused on providing structured real estate investments to high-net-worth individuals, family trusts, foundations, and institutional investors. Our primary focus is providing access to institutional-quality properties to accredited investors who are seeking a replacement property that is eligible for an IRS 1031 exchange.
Kingsbarn is a leading Delaware Statutory Trust (“DST”) real estate sponsor with a proven track record. Over the past five years, Kingsbarn has acquired more than 90 properties throughout the United States with an aggregate value of over $807 million. Our management team has extensive experience with tax-structured investment offerings, having acquired more than $2 billion of real property. Our various investment programs include DSTs, investment funds, and our exclusive Managed-Direct Ownership® program.
Our California intrastate offerings are unique to the DST industry and allow California investors to be advised by licensed real estate professionals. Kingsbarn is the only DST Sponsor allowing California Real Estate Brokers the opportunity to receive compensation for the sale of DST interests.
Media Contact:
Holly Silvestri / Emma Williams
The Ferraro Group -702-367-7771
holly@theferrarogroup.com
emma@theferrarogroup.com
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.