Our People - Ricky B. Novak

Strategic 1031 Exchange Advisors
Raising the Bar in 1031 Exchange
1.888.800.1031

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Ricky B. Novak serves as Chief Executive Officer of Strategic 1031 Exchange Advisors (“SEA 1031”), an Atlanta based consulting firm and qualified intermediary that provides real estate and tax consulting services for clients structuring complex real estate transactions and asset dispositions. SEA 1031’s global client base includes many of the most sophisticated commercial and residential real estate investors and developers. Mr. Novak specializes in the facilitation of tax-deferred like-kind exchanges under Internal Revenue Code Section 1031, and has assisted clients in structuring reverse exchanges, construction exchanges, non-safe harbor exchanges, personal property exchanges, multi-asset business sales, and international exchanges. Mr. Novak also serves as Managing Partner for Cambridge Capital Partners, a boutique firm specializing in conservation easement tax strategies and capital markets.

Mr. Novak has spoken locally and nationally on various 1031 related topics, and has served as a guest lecturer for numerous universities and law schools. Additionally, his writings have been published in a varying array of periodicals, including Commercial Investment Real Estate (the magazine of the CCIM Institute), Shopping Center Business, and the Scotsman Guide. Mr. Novak was honored by his legal peers by his selection as a 2009 Georgia SuperLawyer® Rising Star, an honor bestowed upon only the top 2.5% of attorney’s under 40 years old. His peers also selected him as one of Georgia Trend Magazine’s 2009 Legal Elite. Additionally, Mr. Novak was the recent recipient of the Atlanta Bar Association’s 2010 Distinguished Service Award.

Mr. Novak obtained his undergraduate degree from the Georgia Institute of Technology, graduating magna cum laude, majoring in International Affairs with Certificates in International Business Management and Spanish. He is credited with studying at both the European Union and NATO in Brussels, Belgium. Mr. Novak received his Juris Doctorate from Emory University’s School of Law, with a concentration in tax, real estate, and international law. He also attended the Jagiellonian University School of Law in Krakow, Poland, concentrating in Eastern and Central European business and law.

Mr. Novak joined Arthur Andersen’s Global Tax practice, where he assisted multinational clients with global tax strategy, corporate restructuring, and mergers & acquisitions. He later joined Deloitte & Touche’s Atlanta Real Estate Tax practice, where he furthered his tax expertise by structuring complex real estate transactions for major national and international real estate investors, REITs, partnerships, and corporations.

Mr. Novak currently lives in the metro Atlanta area with his wife, Lisa, and their son, Aidan. In his spare time, he enjoys tennis, deep-sea fishing, reading, and watching college athletics. He is an active member of the State Bar of Georgia, the Lawyer’s Club of Atlanta, and Real Estate Group of Atlanta. Mr. Novak currently serves as on the Board of Directors for the Atlanta Bar Association as well as the Past-Chairman of the Board of Directors for the Atlanta Bar Association Real Estate Section, and on the board of advisors for several real estate developers, investment funds and businesses. He is also a member of various community and volunteer organizations. He and his family continue to be active members of their church.