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Bixby Land Company Promotes Martin T. O’Hea to Executive Vice President and CFO

YAHOO FINANCE

IRVINE, CA--(Marketwire - Jan 22, 2013) - Bixby Land Company has promoted Martin T. (Marty) O'Hea to executive vice president and chief financial officer. O'Hea, who joined Bixby as CFO in 2010, oversees the firm's strategic planning and forecasting, capital markets activities, joint venture relationships, investor relations and financial reporting

"Marty O'Hea provides strong leadership and strategic direction throughout the company," said Bill Halford, president and CEO of Bixby Land Company. "He is a valued member of the executive team, and this promotion recognizes that importance."

O'Hea is a veteran at structuring real estate capital, both at the property and portfolio levels. He most recently secured $100 million in bridge loans for properties in Bixby's portfolio, and in 2011 refinanced $150 million of Bixby's long term debt to capitalize on historically low interest rates.

Bixby Land Company has been an active value add buyer over the last 18 months, investing $150 million in office and industrial assets, with O'Hea handling all aspects of financing with lenders and equity partners.

"Marty continues to lead the expansion of our portfolio through his excellent work in the capital markets and with joint venture investors," said Halford.

O'Hea has 30 years of experience in all areas of finance and the capital markets, having served in positions with Sares Regis Group, Legacy Partners, The Irvine Company and Ernst & Whinney (now Ernst & Young).

About Bixby Land Company
Bixby Land Company is a leading commercial real estate operator and investment manager with a portfolio of assets under management nearing $1 billion. The company is a privately-held REIT that owns core industrial and value add investments in R&D and office properties throughout the Western U.S. Bixby Land Company has a vertically integrated operating platform backed by a veteran management team. For more than 100 years, Bixby Land Company has been committed to adding value for its investors and shareholders.