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Rich Uncles president to take the helm of RW Holdings NNN REIT

RW Holdings NNN REIT Inc. named Aaron Halfacre its new president, CEO and a director, effective Jan. 1, 2019.

Halfacre will take over the roles from Harold Hofer, who is leaving effective at the close of business Dec. 31. Halfacre is president of RW Holdings sponsor BrixInvest LLC, which does business as Rich Uncles.

The single-tenant real estate investment trust said the CEO succession plan was approved by its board Nov. 9.