Julie Baird Talks 1031 Exchange Execution Risk in the Wealth Management 2026 Midyear Outlook

First American Exchange Company President Julie Baird wrote an article for the Wealth Management 2026 Midyear Outlook looking at why execution has become one of the most important risks in today’s 1031 exchange market. Julie explains that while pricing still matters, investors are now facing greater challenges around financing, replacement property availability, lender coordination, and the strict 45-day and 180-day exchange deadlines. She talks about how successful exchanges increasingly depend on early planning, broader replacement property searches, realistic financing expectations, and close coordination among advisors, lenders, and qualified intermediaries. Julie stresses that as transaction activity improves, investors still need to approach exchanges with flexibility and intention to help ensure opportunities can realistically move through underwriting, financing, and closing within the required timeframe.

Read the full article in the Wealth Management 2026 Midyear Outlook