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Exeter News Wire

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William L. Exeter

President and Chief Executive Officer

Exeter 1031 Exchange Services, LLC

(619) 615-4210

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Suzanne M. Davis Hired as National Operations Manager

Exeter Bolsters its 1031 Exchange Operations Capacity

April 25, 2006--San Diego, California--Exeter 1031 Exchange Services, LLC announced today that it has hired Suzanne M. Davis as assistant vice president and national 1031 exchange operations manager. 

Ms. Davis will lead our National 1031 Exchange Operations Group located in our national corporate headquarters office at 402 West Broadway, Suite 400, San Diego, CA 92101.  Suzanne has day-to-day management responsibility for financial services, cash management, financial and regulatory reporting and trust and corporate accounting operations for our national tax-deferred like-kind exchange operations.  She reports directly to William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC.

"Ms. Davis has a long-term association with the existing management team at Exeter and we are very excited that she has joined our team once again.  Suzanne is a tremendous addition to our expanding team of 1031 exchange experts and our ever growing 1031 exchange national branch office network," said William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC.

Exeter 1031 Exchange Services, LLC is a leading national provider of Qualified Intermediary, Exchange Accommodation Titleholding, and Advisory services for tax-deferred like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code.  Exeter 1031 Exchange Services, LLC administers all types of tax-deferred like-kind exchange transactions, including forward, reverse and improvement (build-to-suit or construction) 1031 exchange structures, in all 50 states.  Exeter 1031 Exchange Services, LLC currently has national office locations in San Diego, Los Angeles, Fresno, and San Francisco, California and Winston-Salem, North Carolina.

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