RICHMOND, Va. (May 18, 2021) – Capital Square, a national investment sponsor specializing in tax-advantaged real estate offerings, announced today that it has appointed Peter Linneman, Ph.D., a leading real estate economist, as economic advisor to the firm.

“Capital Square is pleased to announce that Dr. Peter Linneman, the nation’s preeminent real estate economist, has been engaged as an external economic advisor,” said Whitson Huffman, chief strategy and investment officer.  “Dr. Linneman literally wrote the book on real estate and we are pleased to have him as a resource as we shape our investment strategies.”

Dr. Linneman brings more than 40 years of experience to his role at Capital Square. Throughout his career, he has earned accolades from around the world, including Pension Real Estate Association’s prestigious James A. Graaskamp Award for Real Estate Research, Wharton’s Zell-Lurie Real Estate Center’s Lifetime Achievement Award, Realty Stock Magazine’s Special Achievement Award, one of the “25 Most Influential People in Real Estate” by Realtor Magazine and one of The New York Observer‘s “100 Most Powerful People in New York Real Estate.”

“Capital Square is a data-driven real estate firm, making investment decisions based on the data and proprietary research,” said Louis Rogers, founder and chief executive officer.  “For example, based on Dr. Linneman’s research before the COVID-19 pandemic, our firm concluded that investors would profit from owning multifamily assets in the Southeast and Texas. Since formation, Capital Square has emphasized the acquisition of apartment communities in the Southeast and Texas, and the results have been exceptional. For the past 14 months, Capital Square’s portfolio of nearly 8,000 apartment units not only retained, but increased, occupancy and enjoyed an exceptional 99% rent collection. With Dr. Linneman’s proprietary research and assistance, we will continue to generate exceptional risk-adjusted returns for over 3,000 investors nationwide and increase the firm’s competitive advantage.”

For 35 years, Dr. Linneman was a leading faculty member of the Wharton School of the University of Pennsylvania, serving as the Albert Sussman Professor of Real Estate, Finance and Public Policy as well as the founding chairman of the real estate department and director of the prestigious Samuel Zell & Robert Lurie Real Estate Center. During this time, he was co-editor of The Wharton Real Estate Review. Additionally, he published over 100 scholarly articles, four editions of the acclaimed book Real Estate Finance and Investments: Risks and Opportunities, and the widely read Linneman Letter quarterly report.

He currently serves as the founding principal of Linneman Associates, a leading real estate advisory firm; and previously spent time as chief executive officer of American Land Fund and chief executive officer of KL Realty. For more than 35 years, he has advised leading corporations and served on over 20 public and private boards, including serving as chairman of Rockefeller Center Properties, where he led the successful restructuring and sale of Rockefeller Center in the mid-1990s.

Linneman earned a bachelor’s degree from Ashland College, a master’s degree in economics from University of Chicago and a Ph.D. in economics from University of Chicago.

About Capital Square

Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges and qualified opportunity zone funds for tax deferral and exclusion. Since 2012, Capital Square has completed more than $3 billion in transaction volume. Capital Square’s executive team has decades of experience in real estate investments. Its founder, Louis Rogers, has structured hundreds of investment offerings totaling in excess of $5 billion. Capital Square’s 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, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation 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 was listed by Virginia Business on their “Best Places to Work in Virginia” report in 2019 and their “Fantastic 50” reports in 2019 and 2020. To learn more, visit www.CapitalSquare1031.com.

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