IRVINE, Calif., (March 3, 2011) – Thompson National Properties, LLC, (TNP) one of the fastest growing international real estate companies, announced today that James R. Wolford has joined the company as executive vice president and chief financial officer and has been appointed chief financial officer, treasurer and secretary of TNP Strategic Retail Trust, effective March 14, 2011.
Wolford is responsible for the administration of all finance and accounting matters for TNP and TNP Strategic Retail Trust.
“Jim brings a wealth of financing, accounting and real estate experience built over his impressive 30-year career,” said Christopher Lal, executive vice president and general counsel at TNP. “He is an excellent addition to the executive team.”
“This is a remarkable opportunity to join an entrepreneurial organization, led by one of our industry’s true visionaries, Tony Thompson,” said Wolford. “I look forward to contributing to the overall success of the company and working with so many talented members of the team and leaders in our industry.”
Prior to joining Thompson National Properties, Wolford was CFO at Pacific Office Properties (NYSE/AMEX: PCE), where he evaluated and eliminated more than $1 million in annual corporate expenses, successfully negotiated a $125 million credit facility and worked with investment bankers, accountants and outside counsel in the development and successful filing of an S-11 with the SEC for a $350 million secondary offering of primary common shares. Prior to this, Wolford was CFO at Bixby Land Company and a consultant and regional financial officer at AIMCO.
Wolford earned a bachelor’s degree and an MBA in finance and accounting from the University of Southern California. He is a member of the executive committee at the Lusk Center, a director on the board of CNI Investments and a licensed real estate broker.
About Thompson National Properties, LLC
Thompson National Properties, LLC (TNP) is an international real estate advisory company, specializing in the creation and management of real estate investment funds. TNP uses a variety of investment structures to fit the needs of its investors, which are designed for both institutional and high net worth individual investors. Thompson National Properties is also a leader in both property and asset management and receivership services, a key element in any successful commercial real estate investment in today’s lender-driven marketplace.
Headquartered in Irvine, California, Thompson National Properties was founded in April 2008 and has seven regional offices. As of March 3, 2011, Thompson National Properties manages a portfolio of 133 commercial properties, in 30 states, totaling more than 20.1 million square feet, on behalf of over 4,000 investor/owners with an overall purchase value of $2.5 billion dollars. TNP has expanded its operations to the Middle East to provide valuation and advisory services on over 2.3 million square feet of real estate in Saudi Arabia. For more information regarding Thompson National Properties, please visit www.tnpre.com.
