The third quarter of 2019 was a time of expansion for LP Equity. As the demand for our services has grown, so has our team based out of Wilmington, North Carolina. The two latest team additions- Kurt Geller and Bailey Perry, came aboard in early July. Kurt and Bailey were brought on to accommodate the growth and ensure that LP Equity had the resources to diligently service limited partners and their advisors before and after transactions.
Bailey joined our team as a Research Assistant to help identify target markets for limited partnership acquisitions and to streamline our closing process, allowing limited partners to receive closing proceeds the same day that the closing documents are received. Bailey’s proficiency in marketing-based research is vital to our growing acquisition pipe line.
Kurt was brought on as an Acquisition Specialist to help facilitate our acquisitions and financial analysis of limited partnership interests. Kurt heads up LP Equity’s efforts to serve as a resource in assisting limited partners who are exploring charitable opportunities with non-profit organizations and institutions. Through working with limited partners, advisors and charities we are able to explore strategies that would allow for the most efficient and effective way to donate limited partnership interests and help further the mission of the organization.
With the expansion of our team, came the need for a new office space that could accommodate immediate and future growth. LP Equity leased premium space at The Pines Office Park in the Financial District of Wilmington. The new space offers double the square footage of our previous location and has provided our team with a modern working environment which will allow us to increase capacity.
The additions to our team and infrastructure will allow LP Equity to continue providing limited partners and their advisors with the highest level of service through the acquisition process. To read more about our two newest team members, visit the ‘Team’ tab on our website and stay tuned for more of the latest with our growing business.