Realized Taps CEO of Upstream 1031 as First Independent Registered Representative

The DST and securitized real estate professional Simon Brower brings decades of experience to Realized as it deepens its resources

AUSTIN, TEXAS, June 1, 2023 – Realized^®, a leading provider of Investment Property Wealth Management^®, announced today that Simon Brower, the CEO of Upstream 1031, has joined the company as its first independent registered representative. The partnership underscores Realized’s dedication to bridging the gap between real estate and the wealth management industries by offering specialized real estate experience and guidance to investors. Brower will continue to operate under the Upstream 1031 brand.

David Wieland, CEO of Realized, commented, “Simon’s decades of sourcing, vetting, and managing DST investments translates seamlessly to a role within Realized. He can offer investors the guidance and resources to make better real estate investment decisions and build smarter portfolios for their real estate wealth management needs.”

Over the course of his career, Brower has overseen the placement of more than $1 billion into DST and tenancy in common (TIC) investments. Prior to founding Upstream 1031, Brower worked as Managing Director at Bluerock Value Exchange, where he managed Bluerock’s 1031/DST fundraising business. During his time there, he worked closely with investors, and their trusted advisors, to provide guidance and intelligent solutions for the creation and management of Delaware Statutory Trusts (DSTs).

“I couldn’t imagine a better company with which to make the leap from Sponsor to representative than Realized. Our industry has long lacked the resources and technology needed to reduce the friction of the DST investment process. Realized is building the tools advisors and investors need to assess risk and make diversified investments, all while bringing necessary transparency to our industry,” says Brower. “I look forward to lending my experience to the company as Realized continues to invest in the tools and technology needed to push our industry forward.”

Brower also held leadership positions with other real estate and securities companies such as KBS and Grubb & Ellis. He received his B.A. in Economics from the University of California, Irvine, and currently holds FINRA Series 7 and 63 licenses.

Brower’s hire follows several recent Realized platform enhancements that included goal-based and optimized portfolio investment options, performance tracking tools, Confidence Scores, and a secondary DST marketplace.

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