Former Concorde Holdings CEO joins Capital Square

Drew Jackson, former president and CEO of Michigan-based Concorde Holdings, has joined Glen Allen-based real estate company Capital Square as senior managing director of private wealth solutions, the firm announced Tuesday.

Jackson also joined the executive management team.

A Radford University graduate, Jackson has more than 25 years of experience in supporting wealth advisers and clients, alternative investments and developing a transaction-based business model. Before joining Concorde, he was part of the wealth strategies groups at Scott & Stringfellow and BB&T Securities (now Truist Financial).

“We are thrilled that Drew Jackson, a well-respected and exceptionally knowledgeable leader in our industry, has joined Capital Square’s leadership team. He brings deep roots in the [broker-dealer] and [registered investment adviser] communities and is a passionate spokesman on the desirability of alternative investments as a mechanism for tax efficiency, reduced risk and increased returns,” Louis Rogers, founder and co-CEO of Capital Square, said in a statement.

“The demand for alternative investments has never been stronger, but the programs are inherently complex and oriented towards the ultra-wealthy. Drew will help Capital Square expand access to these important investment options and further democratize alternative investments, opening up the platform to broader advisor and investor groups and driving the next phase of Capital Square’s growth.”

Capital Square is a developer of multifamily properties and has been the largest developer of multifamily housing in Richmond’s Scott’s Addition neighborhood. Capital Square currently has eight projects totaling about 2,000 apartments with development costs in excess of $590 million. Since 2012, the firm has completed more than $7.8 billion in transaction volume.