Meruelo Maddux Properties Inc. said Friday that it has appointed Andrew Murray as chief financial officer, effective May 23. Current CFO Fred Skaggs will remain with the company as chief accounting officer, the Los Angeles-based real estate company said. Murray, 41, previously led West Coast real estate investment banking activities for FBR Capital Markets Corp., where he was senior vice president. Shares in Meruelo Maddux were up 4.8 percent to $1.74 in early trading Friday.

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