Bay Commercial Bank - Bay Commercial Bank

Bay Commercial Bank was conceived with the realization that clients deserve the ability to know the decision-makers. They deserve the opportunity to have relationships with contacts at their bank that bring knowledge to the table, knowledge that can be used to advance the goals of the client's business. In short, they deserve what they themselves strive to provide to their clients, knowledgeable and professional service.

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Bankers Exchange Services, a division of Bay Commercial Bank, which was formed for the purpose of executing 1031 exchange services on behalf of the investing public nationwide.

Lloyd W. Kendall, Jr. a noted expert and lecturer in the field, is a director of Bay Commercial Bank. Bankers Exchange Services (BES) is fortunate to be associated with someone as accomplished as Lloyd in I.R.C. 1031. Mr. Kendall has structured in excess of 30,000 exchanges throughout the United States, Mr. Kendall and his former company Lawyers Asset Management, Inc., have produced tax savings for their clients estimated to be in excess of two billion dollars. Mr. Kendall is a principal of Lawyers 1031 Exchange. The company, headquartered in Oakland, facilitates Reverse 1031 Exchanges.

Wai-Yew Lam, Vice President, has over 15 years of experience working in the real estate industry, Mr. Lam has structured in excess of 4,500 exchanges including from Delayed, Reverse, Construction, Personal and Business exchanges. Mr. Lam has lectured extensively on the subject of 1031 tax-free exchange presenting exchange concepts to professional organization, Boards of Realtors, colleges, CPAs, TIC companies, title companies, and thousands of individual investors. In addition, Mr. Lam is the founder of the Asian Real Estate Association of the East Bay based in Oakland, and a current board member of the Chinese Real Estate Association of America, Inc, based in San Francisco, California.

Wendy Gallagher is a Certified Exchange Specialist with over 25 years of industry experience. For the past ten years, Wendy managed a national processing office for a major institutional qualified intermediary. Wendy also spent many years in the escrow field, holding both Branch Management and Escrow Officer positions for a couple of prominent title companies. Wendy’s extensive background enables her to guide clients through complex exchange transactions. Wendy takes great satisfaction in providing excellent customer service and knowing that her clients have completed a successful exchange transaction.

Erica O’Leary possesses a broad background in the Real Estate Industry, including over ten years experience in 1031 exchange accommodation. Erica has helped her many clients save thousands of tax dollars over the years and derives great pleasure in delivering uniquely tailored expertise with each exchange transaction in the process.

Both Wendy and Erica have expertise in structuring build to suit and reverse 1031 exchanges as well a delayed exchanges. They are happy to take the time to explain the various types of exchange transactions to their potential clients and help ascertain which type of exchange would be most appropriate.

Kathy Rice is a Certified Exchange Specialist and a member of The Federation of Exchange Accommodators (FEA). Kathy’s background includes 15 years of experience in the 1031 exchange industry with some of the largest national qualified intermediaries. As a manager and exchange specialist, Kathy is deeply committed to delivering exceptional service as clients are guided through the complex exchange process.

Michele Spitzer possesses over 5 years experience in 1031 accommodation. Michele has completed several hundred exchanges, saving her clients thousands of tax dollars. Michele’s expertise and ability to assess her client’s needs delivers outstanding customer service to all of her clients. Michele takes great pride in her commitment to excellence in the 1031 exchange field.

Kathy and Michele have structured thousands of business asset, construction, reverse and delayed (Starker) exchanges. It is their privilege to answer any questions and assist clients in all aspects of the exchange process.

Every client’s exchange is unique and we are here to provide the utmost service and attention to detail in making the exchange process as stress free as possible. We at Bankers Exchange Services look forward to providing you with the service you have come to expect and deserve.

For more information please visit http://www.bes1031.com/ or call 877-987-1031 Oakland - 877-989-1031 Walnut Creek - 877-985-1031 Long Beach