David J. Franks

David J. FranksDavid J. Franks, President, is the general counsel for DJF Exchange, Inc. Originally starting the company in 2001, he was one of the first attorneys in the area to begin performing 1031 exchanges with a special emphasis on farmland. Over the last two decades, he has honed and perfected the exchange process and performed all different types of exchanges from simultaneous and deferred to reverse and construction.

A licensed attorney in both Iowa and Illinois with a specialization in real estate, estate planning and business, David received his BS in Agricultural Economics and Financing from the University of Illinois and his JD from the University of Iowa. He has been practicing law for over 30 year. In his current position at DJF Exchange, Inc., David provides legal and technical advice with regards to 1031 exchange regulations and rules.


Andrew G. Thompson

Andrew G. ThompsonVice President of the company and exchange officer of DJF Exchange, Inc., Andrew G. Thompson joined the company in 2016 and has been handling all exchanges since. As an active member of the Federation of Exchange Accommodators, he has stayed abreast of all changes and current regulations in the industry. With experience in handling every type of 1031 exchange, you can feel confident that you will receive all the attention and guidance you need with your exchange.

While a rather untraditional route, Andrew received his BS in Biology from Northern Illinois University along with a MS in Business Analytics from the University of Iowa. This background allows him to have a different perspective and understanding when working with clients and assisting them in determining their best option.