Santa Ana, CA- (August 17, 2009) -- Santa Ana Business Bank has elected Anthony W. "Tony" Thompson (chairman and chief executive officer of Thompson National Properties) to the Bank's board of directors. Thompson, a highly respected, veteran real estate executive and industry pioneer, will serve on the 11-member Bank board.
In making the announcement, Larry Frampton, chairman and chief executive officer, said, "Tony Thompson is renowned in Southern California real estate, backed by an impressive track record in business nationally and internationally. He brings a depth of experience and a fresh dimension to our growing Bank. We are privileged to have him serve in this capacity and welcome him to our impressive board of directors."
Thompson is chairman and chief executive officer of Thompson National Properties, which specializes in providing value-added real estate investment opportunities and asset management to high net worth domestic, foreign and institutional investors. Early in his career, Thompson founded Triple Net Properties, serving as chairman and chief executive officer. He later was elected chairman of the board of NNN Realty Advisors, Inc., Triple Net Properties' affiliated holding company. Under Thompson's leadership, the enterprise raised nearly $3 billion in equity investments, including securitized 1031 tenant-in-common exchange programs, an industry Thompson pioneered. NNN Realty Advisors later completed a reverse merger with Grubb & Ellis Company, where he remains its second largest stockholder. Thompson then launched Thompson National Properties, which currently manages 89 properties, totaling approximately 13.7 million square feet.
Santa Ana Business Bank is a full service bank that provides highly-customized financial services for small- to medium-sized businesses. Founded in 2007, the Bank is backed by experienced executives each averaging more than 25 years of industry expertise and a management team reflecting the diversity of the local business community. Because the Bank is headquartered in the local community, clients work directly with decision-makers, where each action reflects their unique needs, goals and challenges.
Media Contact: Colby Poppleton, Rodheim Marketing Group, 125 E. Baker St., Ste. 266, Costa Mesa, CA 92656 tel: (714) 557-5100 x16 fax: (714) 557-5109 www.rodheim-marketing.com
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