MCLEAN, Va., Aug. 5, 2013 /PRNewswire/ --Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that William "Bill" Reiman has joined the Company's management team as a Managing Director. Mr. Reiman will broaden the Company's acquisition initiatives and be responsible for originating and managing new investment opportunities in the Western United States.
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Prior to joining the Company, Mr. Reiman was a General Manager and Vice-President at Catalinos Berry Farms, LLC, in Oxnard, California. Prior to Catalinos, Mr. Reiman was Vice-President at Western Berry Farms/Aromas Berry Farms, also in Oxnard.
Mr. Reiman holds a BS from University of California, Davis. Mr. Reiman has also been a member of the Board of Directors of the California Strawberry Commission since 2004, serving as Treasurer, Vice Chairman and Chairman of the Board. Mr. Reiman is a former member of the Board of Directors for the Ventura County Agricultural Association, where he served as Vice Chairman and Chairman of the Board.
"We welcome Bill to the Gladstone Land team. He has a long and outstanding career in the farming business in the Western United States. We expect Bill will add many years of experience to our team and that will help us grow even faster," said David Gladstone, Chairman.
Gladstone Land Corporation is a publicly-traded real estate company that owns farmland and farm-related properties located in major agricultural markets in the United States that it leases to corporate and independent farmers. The Company currently owns fourteen farms appraised at approximately $79.9 million.
Please find more information on our company and our farms at www.GladstoneLand.com. For information on the business activities of all of the Gladstone funds, please visit www.gladstone.com or contact Investor Relations at 703-287-5893.
Owners or brokers who have farmland for sale in the Western United States should call Bill Reiman at 805-263-4778 or email him at BillReiman@GladstoneLand.com. For properties in other parts of the United States, call Bill Frisbie at 703-287-5839 or email him at BillFrisbie@GladstoneCompanies.com
Gladstone Land Corporation is managed by Gladstone Management Corporation, an investment adviser registered with the Securities Exchange Commission, that manages more than a billion dollars in public and private funds. You can learn more about our advisor at www.GladstoneManagement.com and about the funds managed at www.Gladstone.com.
All statements contained in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates" and variations of the foregoing words and similar expressions are intended to identify forward-looking statements. Readers should not rely upon forward-looking statements because the matters they describe are subject to known and unknown risks and uncertainties that could cause the Company's business, financial condition, liquidity and prospects to differ materially from those expressed in or implied by such statements. Such risks and uncertainties are disclosed under the caption "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on March 27, 2013. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE Gladstone Land Corporation
