ExchangeRight Expands Strategic Relations Team
ExchangeRight, a provider of real estate DST and REIT investments, announced the expansion of its strategic relations team with the appointment of Michael Leydig as SVP of the Pacific Northwest region.
Leydig will serve advisors, representatives, and their investors in Washington, Oregon, Idaho and Alaska.
Leydig joins ExchangeRight with more than two decades of experience in the alternative investment industry, focusing on public and private real estate investments.
“From an abundance of highly qualified candidates, Mike stood out,” said Geoff Flahardy, president of strategic relations at ExchangeRight. “His exceptional alignment with our culture, deep knowledge of the industry, and network of relationships make us confident his contributions will help ExchangeRight extend and enhance its services for advisors and representatives across the country.”
Pasadena-based ExchangeRight and its affiliates’ vertically integrated platform features over $5.8 billion in assets across more than 1,200 properties, and 24 million square feet in 47 states.
The firm recently announced it ended 2023 as the third largest sponsor in the securitized 1031 exchange market, citing data provided by Mountain Dell Consulting. Moreover, with more than $360 million of equity in the company’s DST offerings last year, it grew its market share by over 20% year-over-year.
