Enhancing Sales Expertise at PREP Securities
PREP Securities, LLC has recently expanded its team by welcoming two seasoned sales professionals into their ranks. This growth reflects the firm's commitment to strengthening their securities distribution team as they continue to support capital-raising efforts for PREP Property Group.
Jason Kjellson has joined as the National Sales Manager, bringing over 20 years of valuable experience in guiding sales teams particularly in real estate-related securities. His impressive background positions him to effectively contribute to PREP’s securities initiatives. According to Tim Brennan, Managing Director of PREP Securities, Jason's market knowledge and strategic insights will be crucial in enhancing PREP's sales activities while paving the way for new product offerings.
A Dynamic Addition to the Team
In addition to Jason, Max Peterson has taken on the role of Sales Desk Manager. His extensive history in sales leadership and operational management complements the skills brought by Jason. Max will oversee the internal sales team, manage sales reporting, and collaborate closely with Jason on strategic sales management. Kevin K. Hull, CEO of PREP Securities, expressed optimism about this new team dynamic, stating that their combined experience brings an exciting potential to refine current sales strategies and explore innovative opportunities for PREP’s network of broker-dealers and registered investment advisers.
About PREP Property Group
PREP Property Group, founded by Michael C. Phillips, is devoted to transforming retail real estate. The company focuses on revitalizing underperforming lifestyle centers, power centers, and malls. With a keen eye for real estate fundamentals, PREP aims to acquire single-tenant net leased properties from various sellers across the country.
The Net Lease division targets a diverse range of tenants, including convenience stores, pharmacies, and quick-service restaurants, all while striving to enhance property values through strategic improvements. Leveraging a fully integrated operating platform, PREP ensures their investors benefit from efficient acquisitions, dispositions, and property management.
PREP Securities’ Role in the Real Estate Ecosystem
As the broker-dealer affiliate of PREP Property Group, PREP Securities plays a vital role in connecting institutional investors with lucrative real estate opportunities. With its registration with the SEC, FINRA, and various states, PREP Securities is committed to upholding high standards in the financial services industry.
Both Jason and Max are expected to reside at the company's headquarters, sharing their expertise and enthusiasm as they work to expand PREP's influence in the market. Their arrival signifies not just a personnel change but a pivotal shift in the company’s approach to sales and client engagement.
Frequently Asked Questions
What positions have been filled at PREP Securities?
Jason Kjellson is the new National Sales Manager, and Max Peterson serves as the Sales Desk Manager.
What experience does Jason Kjellson bring to PREP Securities?
Jason has over 20 years of experience in leading sales teams within the real estate securities sector.
How will the new hires impact PREP Securities' operations?
Jason and Max are expected to enhance sales strategies and improve the internal management of the sales team, leading to increased capital-raising efforts.
What is the focus of PREP Property Group?
PREP Property Group specializes in revitalizing distressed retail properties and acquiring single-tenant net leased properties across various sectors.
Where is PREP Securities headquartered?
Both Jason Kjellson and Max Peterson will be based at PREP Securities' headquarters, contributing to the company's strategic initiatives.
