Company News
Kingsbarn Promotes Louie Goros to Managing Director & Head of Distribution
Los Angeles, California – August 23, 2021 – Kingsbarn is pleased to announce the promotion of Louie Goros to Managing Director and Head of Distribution. In his new role, he will be responsible for recruiting, training, managing, and assisting all sales executives for Kingsbarn Real Estate Capital.
Prior to joining Kingsbarn, Mr. Goros helped lead a large brokerage team at Marcus & Millichap with investment sales volume of over $400,000,000. At Marcus & Millichap, Louie specialized in acquisitions and dispositions of multifamily properties in San Diego County. During his career in brokerage, Louie represented private investors, helping them create and preserve wealth through investment sales and advisory services. He also proudly served the U.S. Marine Corps with the 1st Reconnaissance Battalion at Camp Pendleton before being honorably discharged. Outside the office, Louie enjoys spending time with his wife, Brogan, their four-year-old daughter, Taya, and their three-month-old son, James.
In his previous position as Regional Vice President for Kingsbarn, Mr. Goros consistently led the team in raising capital. “I am very proud to move forward with the company as Managing Director,” Mr. Goros stated. “As a company, we have a tremendous opportunity set in front of us.”
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.