James Wolford joined Bixby Land Company in late 2004 as its chief financial officer and brought with him key relationships with a number of institutional capital sources and nationally recognized accounting and legal firms. Wolford was instrumental in the company’s conversion from a C-Corporation to a private REIT in 2005.

Utilizing a variety of institutional capital sources, Wolford negotiated over $600 million in debt to support the company’s growth strategies. Additionally, Wolford produced approximately $25 million in tax savings by introducing the use of various 1031 exchange structures to a number of company acquisitions and dispositions.

Prior to joining Bixby Land Company, Wolford was the financial officer for the Pacific Region of AIMCO, where he oversaw the acquisition and disposition of more than $1 billion in assets and implemented a $150 million capital improvement and redevelopment program, which allowed AIMCO to increase rents by 10 percent across the portfolio.
[ Bio Continued ]