Capital Square names CFO

Henrico-based real estate investment company Capital Square has named Donna Sperounis as its chief financial officer, the company announced Wednesday.

Sperounis has 22 years of real estate experience and joins Capital Square from Dakota Partners, where she was chief financial officer and chief operating officer. While there, she increased cashflow by 50%, maximized tax incentives and improved the reinvestment of capital by 35% through the creation of a new business plan, according to a news release. 

“Capital Square is growing rapidly, with record fundraising, record hiring, record number and size of investment programs and, most importantly, record returns for investors,” said Louis Rogers, founder and CEO of Capital Square. “To reach Capital Square’s full potential, we need an exceptional leader to serve as chief financial officer.”

Sperounis also served as controller for Alliance Realty Capital, as chief accounting officer with Plymouth Industrial REIT Inc. and was senior vice president of operations and finance at Franklin Street Properties.

“I feel grateful joining the successful Capital Square team,” Sperounis said in a statement. “The company has experienced rapid growth in recent years. I look forward to working with accounting and treasury to continue to improve processes and execute strategies on the financial side of the business. I’m thrilled that we have such a bright future together.”

Sperounis graduated from Ashford University with a bachelor’s degree in business and a minor in accounting.

Capital Square specializes in tax-advantaged real estate investments, including Delaware statutory trusts. Since its founding in 2012, the company has structured more than $5 billion in investment offerings.