1031 Exchange Appoints First CEO

LAFAYETTE, CA-1031 Exchange Options has appointed its first chief executive officer, David Waal, to oversee its corporate planning and strategy, as the company strives to expand in the 1031 Exchange investment industry.

According to 1031 Exchange Options, a resource for investors looking to utilize a 1031 exchange to convert investment property holdings into “Tenancy-in-Common” investments, Waal’s appointment “publicly underscores the company’s commitment to its strategic business growth and as well as its focus on providing the most knowledgeable, professional and ethical investment real estate guidance”

Waal brings to the table more than 21 years of management and sales experience. Prior to joining 1031 Exchange Options, Waal worked as a business consultant specializing in corporate strategic planning and management development. In addition, he founded Mucho.com, a B2B Internet company, and co-founded Gateway Group, Inc., a systems engineering consulting company.

The company provides complete 1031 exchange process management from start to finish. According to 1031 representatives, the company will be expanding in the near future, which created the need for a CEO.