Margo Steahly joins Capital Square 1031 in Richmond as national sales director
Margo Steahly has joined Capital Square 1030 in Richmond as national sales director. The real estate investment and management firm said that Steahly will be responsible for national accounts and East Coast sales of 1031 DST (Delaware statutory trust) programs sponsored by Capital Square.
According to the company, Steahly has 20 years of experience ranging from wealth management to sales of DSTs and other private placement products.
Before joining Capital Square, Steahly was director of internal sales for Sandlapper Capital Investments LLC. Prior to that, she served as director of tenant-in-common sales at Dallas-based ORIX USA, where she assisted in the development of the company’s business platform.
Capital Square sponsors real estate exchange programs that qualify for tax deferral under Section 1031 of the Internal Revenue Code. It uses the Delaware Statutory Trust structure to make real estate available to a larger number of investors.
As of January, the firm said it had a growing national portfolio of 58 real estate assets valued at nearly $650 million (based on investment cost).