[IMGCAP(1)]PASADENA, CA-Evergreen Realty Group, a specialist in tenant-in-common and 1031 exchange deals as well as other investments, has named executives Tracy Thomson and Kay Hutchison to new posts on its management team. Thomson has been named to the posts of chief operating officer and chief financial officer of Evergreen Realty Group, as well as vice president of Evergreen Real Property Management LLC, while Hutchison becomes president of Evergreen Real Property Management.

Evergreen CEO Luke McCarthy comments, “Tracy’s talents are required to supervise approximately 250 employees and on-site property managers involved in the sponsorship of real estate securities and the management of properties valued at $1.5 billion in our investors’ portfolios.” Since early last year, Thomson has been directing the property management activities for Real Property Services, which has supervised most of the on-site property management for Evergreen since the 1990s, McCarthy points out.

In her new posts, Thomson will supervise all day-to-day operations for Evergreen’s sponsorship of 1031 exchanges, real estate investment trusts, direct acquisitions and note/equity securities offered to qualified investors nationwide through regional securities firms. McCarthy says that in her time at Real Property Services, Thomson has streamlined the asset management and property management operations for 35 properties in which Evergreen investors have an interest through private securities transactions.

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