We are deeply saddened to share the passing of our dear friend and President of Hunt Realty Investments, Colin Fitzgibbons, a respected leader whose influence has shaped HRI and the Dallas community in ways that will endure for decades.
Today, Hunt Realty Investments announced the sale of 120 acres in Terrell, Texas, a growing community east of Dallas, for the development of an international distribution center. The transaction marks a pivotal moment in Hunt’s long-term vision for the region and represents one of the most significant industrial land sales in the area’s recent history.
Financing for the mixed-use project was backed by Bank of America, JPMorgan Chase and Prosperity Bank. The City of Frisco also issued $70 million in municipal bonds for the project late last month to help finance the start of construction.
The Karahan Cos., Hunt Realty, and select homebuilders have cut the ribbon on a luxury custom neighborhood in far north Frisco. For Dallas developer Fehmi Karahan, The Preserve, which sits within the booming Fields development, could well become the northern sector’s version of Highland Park.
Financing for the mixed-use project was backed by Bank of America, JPMorgan Chase and Prosperity Bank. The City of Frisco also issued $70 million in municipal bonds for the project late last month to help finance the start of construction.
Reunion Tower in Dallas, TX receives the Best Customer Engagement Excellence Award
The Fields West development in Frisco — one of the most closely watched local real estate projects — is giving a clearer picture of the planned stores and restaurants, including some uncommon names for North Texas.
Yellow bulldozers are swarming on the massive Fields site in Frisco, bringing more elements of the mixed-use community to life. That includes the Universal Kids Resort under construction at the northeast corner of the Dallas North Tollway and Panther Creek Parkway.
Dallas-based real estate developer Trammell Crow Company is the latest firm to sign on to the 160-acre Fields West development. Located within the broader 2,500-acre master-planned Fields development in Frisco, Fields West’s ownership includes Karahan Companies, Hunt Realty Investments, Chief Partners and Crosstie Capital.
Developers behind Frisco Station and Fields reveal detailed updates—and city officials provide a sneak peek of redevelopment plans for Frisco’s downtown.
Contact: TKleinert@huntrealty.com
Diane Hornquist works with the general counsel to oversee legal activities associated with various land development and operating company initiatives. Hornquist began her legal career at the Dallas office of Jackson Walker LLP in the real estate section.
Contact: DHornquist@huntrealty.com
Contact: TWatson@huntrealty.com
Mike Wallace is responsible for all aspects of Hunt Realty Investments overseeing the firm’s direct-owned real estate portfolio, operating company investments and other real estate activities. He is responsible for sourcing and structuring all new investment activity, as well as Hunt Realty’s interaction and investment relationship with other Hunt-related entities.
Throughout his career, he has been involved in investments in single-assets, real estate portfolios, distressed loan portfolios and private and publicly-traded companies including equity, preferred equity, mezzanine and participating debt investments. His experience spans a broad array of product sectors including office, multi-family, hospitality, retail, senior living, student housing, industrial, residential and land.
Prior to joining Hunt Realty, Wallace was with The Hampstead Group, a Dallas-based real estate private equity fund which invested approximately $1 billion on behalf of institutional and private investors. While at The Hampstead Group, his responsibilities included new investment opportunities in real estate portfolios, publicly-traded companies and distressed loan portfolio acquisitions as well as management of the fund’s investments. He also previously worked for EFO Realty, a real estate opportunity fund where he sourced and structured joint-venture equity investments.
Contact: MWallace@huntrealty.com
Chris Kleinert is CEO and president of Hunt Consolidated Investments, LLC, and Co-CEO of its holding company, Hunt Consolidated, Inc. He is president of Hunt Realty Investments and oversees the operations of both Hunt Investment Group and Hoodoo Land and Cattle Company, as well as the financial activities of the holding company. Other business interests of Hunt Consolidated, Inc. include oil and gas exploration and production, petroleum refining, electric power generation and transmission. Kleinert’s affiliation with Hunt Consolidated began in 1996. Kleinert received an MBA with a concentration in finance from Texas Christian University and a BBA in marketing from Southern Methodist University. Prior to joining Hunt, he was employed by Texas Commerce Bank (now JPMorgan Chase) and General Mills. Kleinert serves on the Investment Committee of the Board of Trustees of Southern Methodist University and SMU’s Tate Lecture Board of Directors. He also serves on the Neeley School of Business International Board of Visitors at Texas Christian University, the Board of Trustees of the Communities Foundation of Texas, the Board of Directors of Amegy Bank -Dallas, and the Dallas Regional Chamber’s Board of Directors. Kleinert chairs the Board of Directors of the newly created Men’s Advocacy Group for New Friends New Life. In 2009, Chris and his wife, Ashlee, founded Executives in Action (EIA), a nonprofit organization that leveraged the talent and expertise of executives in transition with local charitable organizations to enhance their productivity, efficiency and overall impact. In 2016, EIA merged 4 with New York-based Catchafire, Inc. to form Catchafire North Texas and expand the number of volunteers and nonprofits that can be matched nationally.
Contact: CKleinert@huntconsolidated.com
Contact: CFitzgibbons@huntrealty.com