Posted: Mar 2, 2012
TRECAP Rebranded Hunt Investment Management
El Paso, TX—March 1, 2012—Hunt Companies, Inc. announced today the name change of its TRECAP Partners subsidiary to Hunt Investment Management. This move is a continuation of the national real estate operator’s strategy to leverage synergies in its expanding develop-invest-manage services platform. An SEC registered investment advisor, Hunt Investment Management has multifamily and commercial real estate assets under management and supervision in the United States and Europe. Hunt Companies manages over $10 billion in assets for institutional investors and the company’s own account.
Douglas A. Tibbetts, TRECAP’s founder will continue overseeing the management of institutional real estate funds as CEO of Hunt Investment Management. Tibbetts will continue to report to Chris Hunt, Chief Investment Officer of Hunt Companies, Inc.
“Given our footprint in the institutional marketplace and the benefits of linking into our other company capabilities, Hunt decided to position all our investment portfolios under a single Hunt Brand,” said Chris Hunt.
“The renaming will not affect any of our portfolio management teams or any of the personnel supporting them.” Tibbetts said, “We have been moving incrementally in this direction since Hunt bought a majority interest of TRECAP in 2010, gaining the advantage of working as part of one of the nation’s leading multifamily and commercial developer-manager operating platforms. In terms of market skill sets and access to transactions, Hunt stands at the top of the industry. In addition, Hunt’s capital strength puts us in a highly enviable position to garner sound investments and co-invest alongside our clients. It’s simply a very strong brand of which to be a part,” he added.
ABOUT HUNT
Hunt is a leading national real estate company dedicated to building values through development, investment, and management. Hunt is focused in the core areas of public private partnerships, community development, real asset investment management, and multifamily housing.
Founded in 1947, Hunt is firmly rooted in a legacy of leadership, integrity, and trust. Together, Hunt and its affiliates have more than $10 billion in assets under management, including 114,000 multifamily housing units and 7.7 million square feet of office, retail and industrial properties. Hunt has also developed 89,000 housing units and thousands of acres of land, comprising more than 400 projects completed in 32 states. Development project costs have totaled more than $6.3 billion with more than $8.2 billion in construction costs.
Visit www.huntcompanies.com to learn more about Hunt, its heritage and commitment to values that build.