Jim charts the overall strategic direction of Wexford and leads the executive management team. His experience includes the development and marketing of flexible, state-of-the-art research and laboratory space for universities, university-related research parks and healthcare systems; the development of commercial real estate; and the redevelopment and repositioning of existing properties. Jim also brings to Wexford his intimate knowledge of corporate financial structuring, debt and equity markets, and tax and accounting regulations as they relate to real estate leases and financing.
Wexford was originally established in 1998 as a business line of Townsend Capital, LLC, a Baltimore-based investment company. The business line was formed by Jim, then President of Townsend, to specifically meet the growing and specialized real estate needs of institutions, including universities, university-related research parks and healthcare systems. In 2005, Jim and his investors purchased the university business segment from Townsend and named the new company Wexford Science & Technology, LLC.
Prior to joining Townsend Capital, Jim was a banking industry veteran, with over 18 years at Bank of America, and its predecessor banks. At Bank of America, he was Commercial Market Manager for the Washington, DC, region.