Phoenix American Financial Services has formed a client partnership with LaSalle Investment Management to support its new 1031 platform of products.
Phoenix will support LaSalle with its advanced proprietary transfer-agent system, STAR-XMS, and investor-services platform, which combines advanced technology, a focus on customer service and decades of experience with the unique operational requirements of real estate funds and 1031 exchange funds.
With the growing variety and sophistication of alternative real estate funds and the increased regulatory compliance they require, advanced operational solutions are critical to the success of today’s fund sponsors. Phoenix American believes it has combined the most efficient systems and back-office processes in alternative investments since its origins as a fund sponsor in 1972. The company’s STAR-XMS transfer agent system is the result of Phoenix’s direct experience as a fund sponsor, as well as decades of experience as