(South Bend, IN) – Holladay Properties is pleased to announce that Tim Healy has become the firm’s first Chief Operating Officer (COO). Mr. Healy has been leading the Portage/Chicago/Northwest Indiana office for the past 17 years and has been a Partner of Holladay since 2003.

“Please join me in congratulating Tim on the new chapter in his life – and the life of Holladay Properties,” said John Phair, President & CEO of Holladay. “He earned it!”

The COO position is a new one for the South Bend, Ind-based commercial real estate firm. After doubling the volume of new development over the last five years, as well as increasing property management services and new hotel development activities, the position will provide valuable assistance to the CEO and additional leadership for all of Holladay Properties’ offices.

“I’m very excited to be taking on this new role within Holladay,” said Healy. “I’ve been here for over 17 years and have loved being a part of the amazing growth this company has achieved and I’m eager and honored to help lead Holladay Properties’ continued growth for many years to come.”

Mr. Healy’s duties as COO will include oversight of Human Resources and Benefits, IT, as well as facility needs throughout the company. He will also provide valuable assistance to Holladay’s investor relations, reporting processes, and capital management.