Legal 1031 Exchange Services, a provider of national qualified intermediary services and a division of Kensington Vanguard National Land Services, announced that Joseph Bonavita has joined the company as exchange director covering New England.
In his new role, Bonavita will serve clients and their advisors on IRC §1031 tax-deferred exchanges, including reverse and improvement exchanges.
“The team at Legal 1031 has an unparalleled amount of 1031 knowledge, which combined with our focus on customer service, makes for a great client experience,” Bonavita said in a release. “I'm very excited to be a part of the Legal 1031 team and add even more value for our clients.”
"New England, and the Boston market in particular, have always been an important region for Legal 1031,” said Todd Pajonas, president of Legal 1031. “Adding someone with Joe's extensive experience to our team represents our continued commitment to the region.”
Legal 1031 executive vice president Matthew Scheriff added, “We believe having a 1031 exchange director with local knowledge can make a big difference for our clients. Understanding a client's transaction is key to helping them with their 1031 exchange needs.”