FOR IMMEDIATE RELEASE

MARGO MCDONNELL CES® AWARD PRESENTED TO SANNA PHINNEY

Industry Award Recognizes Outstanding Service by a CES®

September 25, 2010, Royersford, PA – 1031 CORP. announced today that its president, Margo McDonnell, CES®, presented Sanna Phinney, CES® with The Margo McDonnell Certified Exchange Specialists® Perpetual Award for Outstanding Service from the Federation of Exchange Accommodators (FEA) during its 16th Annual Conference in Las Vegas.  

The award was created in 2008 by the Certified Exchange Specialist® (CES®) Certification Council of the FEA to honor Margo McDonnell, CES® who spearheaded the industry’s efforts to launch the voluntary certification and continuing education program and recognizes a Certified Exchange Specialist® (CES®) that has demonstrated extraordinary service to the qualified intermediary industry.  The award has been presented annually since.
While presenting the award on behalf of the CES® Certification Council, Ms. McDonnell stated “It was an honor to have received this award in 2008 but it truly is a privilege to have the opportunity to recognize fellow CES® Designees who have shined as a beacon in our industry.  Sanna Phinney has been involved in the CES® Certification Council since its inception in 2002 and has been an integral part of its success.  She succeeded me as Chair in 2008 and quickly demonstrated unwavering leadership as the industry weathered very challenging times as a result of the economical downturn.  Her tireless and selfless efforts not only sustained but grew the CES® Program and exemplify what this award represents.”    

Sanna Phinney is the president of 1031 Asset Exchange in Bend, OR.

About 1031 CORP.
Serving as a nationwide qualified intermediary for 1031 tax-deferred exchanges since 1991, 1031 CORP. strives to provide a superior exchange experience for its customers and their advisors.  It provides its customers with enhanced security of funds, knowledgeable exchange professionals and a commitment to keep the exchange process simple for their customers and advisors.  Every member of the exchange team possesses the Certified Exchange Specialist® designation and has the experience and expertise to facilitate even the most complex exchange transaction, including reverse, improvement and personal property exchanges.  For more information on 1031 CORP., please visit www.1031CORP.com

About the Certified Exchange Specialist® Program
The CES® Program was established by the Federation of Exchange Accommodators (FEA) in 2003 to formally recognize individuals who have satisfied an experience requirement and demonstrated through testing, their comprehensive knowledge of Section 1031 and the facilitation of like-kind exchanges.  Currently there are less than 200 CES® Designees nationwide.  The FEA is the national trade association organized to represent professionals who conduct like-kind exchanges under Internal Revenue Code §1031 and the interests of the consumers who use their services.  For more information on the CES® designation, please visit: www.1031CES.org.   

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