Mike Severson is Chief Investment Officer for Bixby Land Company. Severson directs all investment activity for Bixby drawing upon a 34-year background in real estate acquisitions, portfolio management and development.
Since joining Bixby in 2006, Severson has overseen the acquisition of more than 8 million square feet. Severson previously served as director and portfolio manager for The RREEF Funds, advising a CalPERS’ portfolio in California, Arizona and Texas that grew to 20 million square feet of office and industrial properties during his leadership. He handled $3.5 billion in acquisitions and dispositions in the reshaping of the CalPERS portfolio, including the majority of the $900 million Pacific Gulf Properties portfolio
transaction in 2001 and the Southern California portion of the $2.1 billion Cabot Industrial Trust acquisition in 2002. Severson has also negotiated and built several build-to-suit developments and directed speculative developments totaling more than four million square feet.
Severson received his Bachelor of Science Degree in Business from the University of Southern California with an emphasis in real estate. He also received a Certificate in Commercial and Industrial Development Management from the University of California, Irvine. He is a licensed California Real Estate Broker, California General Contractor and a member of the Urban Land Institute (ULI) and the Pension Real Estate Association (PREA).