Programs

Capital Square Promotes Mark Mercado to SVP, Investment Programs, and Michele Wiens to VP, National Accounts | News

RICHMOND, Va., April 28, 2022 /PRNewswire/ — capital squareone of the nation’s leading sponsors of tax-efficient real estate investments and an active developer of multi-family communities, today announced the promotions of Marc Mercado to the Senior Vice President, Capital Programs, and Michele Wiens to the Vice President, National Accounts.

“Mercado and Wiens have demonstrated exceptional leadership and skill in helping to grow Capital Square’s West Regional Sales and Closeout team,” said Louis Roger, founder and CEO of Capital Square. “They provide a powerful boost to help generate and close new DST, Opportunity Zone Fund and LLC investments from a growing number of wealth managers and investment advisors in the west.”

Mercado, whose career spans more than 19 years, previously served as vice president of private offerings at Capital Square and was promoted to senior vice president of investment programs. He has extensive experience in financial services, including investment product development and sales, real estate acquisitions and key account management. Prior to joining Capital Square in 2020, Mercado spent three years as Vice President of Private Offerings at SmartStop Asset Management. In this role, he helped launch a private real estate investment trust and Delaware statutory fiduciary offers. Previously, he was employed by several major national real estate investment sponsors.

Wiens was promoted to National Accounts Manager, a position she has held at Capital Square since January 2020, to the Vice President, National Accounts. She joined Capital Square from Virtua Partners, where she served as vice president of strategic relationships. In this role, she created, activated and managed strategic relationships with new partners, negotiated contracts and oversaw business development activities as well as capital raising. Previously, Wiems served as Vice President of National Accounts at CIM Group, where she led the growth of new and existing strategic relationships at independent and regional brokers. It holds FINRA series 6, 7 and 63 licenses.

About Capital Square

Capital Square is a national real estate company specializing in tax-efficient real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualifying opportunity zone funds for tax deferral and exclusion, and a real estate investment trust (REIT). In recent years, the company has become an active developer of multi-family properties in the Southeastern United States, with eight ongoing projects totaling approximately 2,000 apartments with a total development cost of more than $600 million. Since 2012, Capital Square has achieved over $5.6 billion in transaction volume. Capital Square’s management team has decades of experience in real estate investing. Capital Square related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management and disposition, for a growing number of high net worth investors, capital companies -investment, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the country for four consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense’s list of fastest growing companies. Additionally, Capital Square has been listed by Virginia Business on their “Best Workplaces in Virginiain 2019 and their “Fantastic 50” reports in 2019 and 2020. To learn more, visit www.CapitalSq.com.

Disclaimer: Securities offered by WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are significant risks associated with investing in DST properties and real estate securities, including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, risk interest rate fluctuations, the risk of new offerings coming to market and rental rates decreasing, general risks of owning/operating commercial and multi-family properties, short-term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long holding periods and the potential loss of all investment capital. Past performance is not indicative of future results. Potential cash flows, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax advisor regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying particular attention to the risk section before investing. Diversification does not guarantee profits or protect against losses.

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SOURCE Capital Square