June 2, 2006--San Diego, California--Exeter 1031 Exchange Services, LLC announced today that it has expanded its national 1031 exchange branch office network to Central California with the opening of its branch office in Fresno, California.

The new Fresno Branch Office will be under the leadership of Steven W. Monk, vice president and regional manager, Exeter 1031 Exchange Services, LLC. 

"We are very excited about Central Valley, San Joaquin Valley and the Northern California real estate markets," said William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC, "and we are very excited and proud to have Mr. Monk join us again here at Exeter 1031 Exchange Services, LLC as part of our 1031 exchange management team."

Mr. Exeter further stated, "Mr. Monk continues to be a tremendous asset within our expanding team of 1031 exchange specialists and our ever growing national 1031 exchange branch office network.  He has over 20 years of professional experience in the commercial real estate industry and has been and will continue to be a huge part of our growth and success as a Qualified Intermediary (Accommodator) in the 1031 exchange industry."

Exeter 1031 Exchange Services, LLC is a leading national provider of Qualified Intermediary, Exchange Accommodation Titleholding, and Advisory services for tax-deferred like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code.  Exeter 1031 Exchange Services, LLC administers all types of tax-deferred like-kind exchange transactions, including forward, reverse and improvement (build-to-suit or construction) 1031 exchange structures, in all 50 states.  Exeter 1031 Exchange Services, LLC currently has national and regional office locations in San Diego, Los Angeles, Fresno, and San Francisco, California; Chicago, Illinois; Cheyenne, Wyoming; Seattle, Washington; Phoenix, Arizona and Ft. Lauderdale, Florida.

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