Qualified Intermediary
ERG (Dave Foster)
Exchange Resource Group, LLC
- FEA membership
- FEA unknown
- CES® holders
- Not published on cited pages
- Fidelity bond
- Not published on cited pages
- E&O / other cover
- Not published on cited pages
- How funds are held
- Segregated
- Dual-signature wires
- Dual-signature
- Reverse / improvement / DST
- Reverse Yes · Improvement Yes · DST Unknown
- Last sourced
- 2026-09-05
Fund handling
Firm states exchange funds are fully secured in segregated and signature-locked accounts: funds cannot be accessed without approval from both ERG and the exchanger.
Who it is for
Nationwide delayed, reverse, improvement/construction, and complex real-property exchanges. Corporate office published in Lakewood, Colorado. Dave Foster is the Florida exchange consultant and the public face of The 1031 Investor education brand (the1031investor.com), which is not treated as a separate QI.
Verdict
The operator is Exchange Resource Group, LLC, not a personal blog. ERG publishes segregated, signature-locked accounts that require both the firm and the exchanger to approve a release — that is dual control. Reverse and construction/improvement work are listed specialties. The 1031 Investor site is education and lead-gen for Foster; it does not publish a custody file. FEA Regular Membership, named CES® holders, and bond/E&O dollar limits were not on the cited ERG pages (team bios mention a past FEA president and CES Council service as people credentials). Ask for current declarations.
Notes
Exchange Resource Group, LLC (ERG) is the Qualified Intermediary. Published corporate contact: 13701 West Jewell Ave, Lakewood, CO / 1-303-789-1031 / info@erg1031.com. Florida line for Dave Foster: 1-850-889-1031 / dave@erg1031.com.
The 1031 Investor (the1031investor.com) is Foster’s education and marketing site. Testimonials there refer to “Dave and his colleagues at ERG.” This directory lists the operator entity, not the blog.
Team pages describe Dan McCabe as a past President of the Federation of Exchange Accommodators and Ken Palmen as having served on the CES® Council. Those are individual résumés, not a sourced statement that ERG is an FEA Regular Member or that named staff currently hold CES®. CES® names are omitted.