COLLEGEVILLE, PA – 1031 CORP. is excited to announce Michele Rist as Chief Operating Officer based in the Company’s Collegeville headquarters. As COO, Michele is tasked with providing leadership, management, and vision to ensure that the business has successful people, operational controls, and administrative and reporting procedures in place. She will partner with the senior leadership team to effectively grow the company and ensure its financial strength and operating efficiency.
“I am thrilled to welcome Michele into this new position and enable her to play a vital role on our leadership team. With over two and a half decades of operational experience in title and lending, I knew Michele could help us finetune our processes and increase our efficiencies. Her knowledge of the real estate transaction and closing process is invaluable to our team as it helps us see the 1031 exchange from a different perspective,” said Margo McDonnell, CRE, CES®, President of 1031 CORP.
Michele joined 1031 CORP. after serving in various positions at Title Alliance, Ltd. and, most recently, at Investors Title. She brings with her over 25 years of extensive experience in operations and market development as well as a variety of management roles, including corporate training and sales.
“The adage - people do business with those they know, like and trust - was front and center for me when deciding to join 1031 CORP. Margo and I have known each other professionally and personally for many years and I have always been impressed with how she has established 1031 CORP. into a premier Qualified Intermediary. Joining an organization whose mission statement goal is to exceed the expectations of its clients and advisors, was an easy decision,” stated Rist. “I am looking forward to working with Margo and the team to build on 1031 CORP’s successes and create new opportunities.”
“1031 CORP. has grown exponentially since 2020 and having someone like Michele overseeing operations will allow other leadership team members to focus on training, compliance and growth initiatives. With branch offices on opposite coasts and employees in six states, there is a great need for strong leadership and Michele was an easy choice to fill this essential role,” added McDonnell.
Michele is based in Collegeville, PA and is a 1031 CORP. Senior Leadership Team member. She will work closely with McDonnell and Marissa LoCascio, Chief Compliance Officer.
About 1031 CORP.
Serving as a nationwide qualified intermediary for 1031 tax-deferred exchanges since 1991, 1031 CORP. strives to provide superior exchange experience for its clients and their advisors. Additional information can be found at www.1031CORP.com.