Nearly Two Decades of Board Service Recognized
September 13, 2019, COLLEGEVILLE, PENNSYLVANIA - 1031 CORP. announced The Margo McDonnell Certified Exchange Specialists® Perpetual Award for Outstanding Service was presented to Mary Cunningham by the Certified Exchange Specialist® (CES®) Certification Council at the 24th Annual Conference of the Federation of Exchange Accommodators (FEA) in New Orleans, LA.
The award was created in 2008 by the CES® Certification Council of the FEA to honor Margo McDonnell, CES®, President of 1031 CORP., 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. She served as a Charter CES® Certification Council member and was co-chair of the Certification Council from 2002 – 2008 and an ex-officio Council member for several additional years. The award has been presented annually to a CES® Designee.
“There are a limited number of individuals who have worked tirelessly to educate, inform and lobby federal and state officials, as well as allied industry professionals, in an effort to maintain the benefits of IRC Section 1031 for investors, large and small alike. Mary Cunningham is on that very short list. Due in part to her efforts and energy, the industry, and those of us working in it, have weathered economic downturns and attempts to eliminate 1031 exchanges and/or the role of qualified intermediary, and continue to be able to provide tax-deferred exchange services to our clients. Not only did the qualified intermediary members of FEA benefit from her work, but so did the entire U.S. real estate industry,” stated CES® Certification Council co-chair, Kelly A. Pearl, CES®. Mary Cunningham, CES® is the president of Chicago Deferred Exchange Company in Chicago, IL.
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 the enhanced security of funds, knowledgeable exchange professionals and a commitment to keep the exchange process simple for their customers and advisors. 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. The FEA is the national trade association organized to represent professionals who conduct like-kind exchanges under Section 1031 and the interests of the consumers who use their services. For more information on the CES® designation, please visit: www.1031CES.org.