Howard Hughes Holdings Appoints Jose Bustamante as President of Nevada Region
Howard Hughes Holdings (NYSE: HHH) has appointed Jose Bustamante as President of the Nevada Region, effective December 1, 2024. He will lead the 22,500-acre Summerlin® community in Las Vegas, which hosts 127,000 residents with 5,000 acres for future development. Bustamante brings 20 years of real estate experience, having managed projects totaling 7 million square feet and 700 acres valued at $5 billion. His background includes roles at Lincoln Property Company, Irvine Company, and Hunt Companies. Summerlin, now in its 34th year, features over 300 parks, 200+ miles of trails, and Downtown Summerlin®, located nine miles from the Las Vegas Strip.
Howard Hughes Holdings (NYSE: HHH) ha nominato Jose Bustamante come Presidente della Regione Nevada, a partire dal 1° dicembre 2024. Sarà responsabile della comunità Summerlin® di 22.500 acri a Las Vegas, che ospita 127.000 residenti con 5.000 acri destinati a sviluppi futuri. Bustamante porta con sé 20 anni di esperienza nel settore immobiliare, avendo gestito progetti per un totale di 7 milioni di piedi quadrati e 700 acri del valore di 5 miliardi di dollari. Il suo background include ruoli presso Lincoln Property Company, Irvine Company e Hunt Companies. Summerlin, ora al suo 34° anno, offre oltre 300 parchi, più di 200 miglia di sentieri e Downtown Summerlin®, situato a nove miglia dalla Strip di Las Vegas.
Howard Hughes Holdings (NYSE: HHH) ha nombrado a Jose Bustamante como Presidente de la Región de Nevada, con efecto a partir del 1 de diciembre de 2024. Liderará la comunidad de Summerlin® de 22,500 acres en Las Vegas, que alberga a 127,000 residentes y dispone de 5,000 acres para futuros desarrollos. Bustamante aporta 20 años de experiencia en bienes raíces, habiendo gestionado proyectos que suman 7 millones de pies cuadrados y 700 acres valorados en 5 mil millones de dólares. Su experiencia incluye roles en Lincoln Property Company, Irvine Company y Hunt Companies. Summerlin, que ahora está en su 34º año, cuenta con más de 300 parques, más de 200 millas de senderos y Downtown Summerlin®, ubicado a nueve millas de la franja de Las Vegas.
하워드 휴즈 홀딩스 (NYSE: HHH)는 호세 부스타만테를 네바다 지역의 사장으로 임명하였으며, 임기는 2024년 12월 1일부터 시작됩니다. 그는 라스베이거스에 위치한 22,500에이커 규모의 썸머린® 커뮤니티를 이끌게 되며, 이곳에는 127,000명의 주민이 거주하고 있으며 향후 개발을 위한 5,000에이커가 추가로 확보되어 있습니다. 부스타만테는 20년의 부동산 경험을 보유하고 있으며, 7백만 평방 피트와 700에이커에 달하는 프로젝트를 관리한 경력이 있습니다. 그의 경력에는 링컨 프로퍼티 컴퍼니, 어바인 컴퍼니 및 헌트 컴퍼니에서의 역할이 포함되어 있습니다. 34년의 역사를 가진 썸머린은 300개 이상의 공원과 200마일 이상의 트레일, 라스베이거스 스트립에서 9마일 떨어진 곳에 위치한 다우타운 썸머린®을 자랑합니다.
Howard Hughes Holdings (NYSE: HHH) a nommé Jose Bustamante président de la région du Nevada, effectif à partir du 1er décembre 2024. Il dirigera la communauté Summerlin® de 22 500 acres à Las Vegas, qui compte 127 000 habitants et dispose de 5 000 acres pour de futurs développements. Bustamante apporte 20 ans d'expérience dans l'immobilier, ayant géré des projets totalisant 7 millions de pieds carrés et 700 acres d'une valeur de 5 milliards de dollars. Son parcours comprend des postes chez Lincoln Property Company, Irvine Company et Hunt Companies. Summerlin, maintenant dans sa 34ème année, dispose de plus de 300 parcs, de plus de 200 miles de sentiers et de Downtown Summerlin®, situé à neuf miles du Strip de Las Vegas.
Howard Hughes Holdings (NYSE: HHH) hat Jose Bustamante zum Präsidenten der Region Nevada ernannt, ab dem 1. Dezember 2024. Er wird die 22.500 Acres große Summerlin®-Gemeinde in Las Vegas leiten, die 127.000 Einwohner beherbergt und 5.000 Acres für zukünftige Entwicklungen zur Verfügung hat. Bustamante bringt 20 Jahre Erfahrung im Immobilienbereich mit, wobei er Projekte mit einer Gesamtfläche von 7 Millionen Quadratfuß und 700 Acres im Wert von 5 Milliarden Dollar geleitet hat. Sein Hintergrund umfasst Positionen bei der Lincoln Property Company, der Irvine Company und Hunt Companies. Summerlin, jetzt im 34. Jahr, bietet über 300 Parks, mehr als 200 Meilen Wanderwege und Downtown Summerlin®, das neun Meilen vom Las Vegas Strip entfernt liegt.
- Appointment of experienced executive with $5 billion portfolio management history
- Community has significant growth potential with 5,000 acres remaining for development
- Strong existing community base with 127,000 residents
- None.
Real Estate Industry Veteran to Lead Acclaimed Howard Hughes Community of Summerlin® in Las Vegas
LAS VEGAS, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) today announced the appointment of real estate industry veteran Jose Bustamante as President of the Nevada Region, where he will lead the acclaimed 22,500-acre Howard Hughes community of Summerlin® in Las Vegas. Ranked one of the best places to live in the country, Summerlin is a top-selling community nationwide with nearly 127,000 residents and approximately 5,000 acres remaining to accommodate future growth. Mr. Bustamante will assume his leadership position at Summerlin beginning December 1, 2024.
Mr. Bustamante brings two decades of experience and a strong track record of leading and growing high-performing real estate organizations in the investment and development of large-scale commercial and mixed-use communities. His career includes real estate projects and transactions totaling seven million square feet of buildings and 700 acres of land valued at
“Jose’s extensive leadership experience spanning a broad spectrum of real estate development—including strategy and planning, capital markets, entitlements, construction, and asset management—distinguishes him in the industry,” said David O’Reilly, Chief Executive Officer of Howard Hughes. “Jose will be an invaluable leader on the Howard Hughes team as Summerlin continues its upward trajectory of successful residential and commercial growth well into the future.”
Mr. Bustamante most recently served as Senior Vice President and Partner at Lincoln Property Company, driving the master planning, development, and stabilization of multifamily, office, life science, and retail properties across Northern California. Previously, he served as Vice President of Development & Acquisitions at the Irvine Company, where he oversaw 3.4 million square feet of office and R&D projects. Earlier, he served as Vice President of Development at Hunt Companies after starting his real estate career as a top-producing broker for CBRE in San Francisco.
Now in its 34th year of development, Summerlin is located nine miles from the Las Vegas Strip and adjacent to the Red Rock Canyon National Conservation Area. The community includes thousands of acres dedicated to more than 300 parks, 200-plus miles of trailways, and open spaces. Summerlin offers more amenities than any other community in Nevada, including the community's walkable urban core of Downtown Summerlin®.
“I am excited to join Howard Hughes and grateful for the opportunity to collaborate alongside our innovative and talented team to advance the positive momentum that has made Summerlin one of our country’s premier communities. The vibrant commercial hub, abundant amenities, and exceptional quality of life within this picturesque natural setting is unmatched throughout the Las Vegas valley,” said Bustamante.
Before entering the real estate industry in 2005, Mr. Bustamante honorably served as a United States Army Military Intelligence Officer, leading mission-critical operations around the world. He earned a Bachelor of Science in Law & Legal Studies from the United States Military Academy at West Point and a Master of Science in Real Estate Development from Columbia University in New York.
About Summerlin®
A Howard Hughes community, Summerlin began to take shape in 1990 and has ranked in the country's top 10 best-selling master planned communities for nearly two decades. Located along the western rim of the Las Vegas valley, Summerlin encompasses 22,500 acres with approximately 5,000 gross acres remaining to accommodate future growth, including infrastructure, open space and common areas, all within the master plan. The community is currently home to nearly 127,000 residents who enjoy an unparalleled list of amenities. These include more than 300 neighborhood and village parks, more than 200 completed miles of trails, 26 public and private schools, 14 houses of worship, ten golf courses, shopping centers, medical and cultural facilities, business parks and dozens of actively selling floor plans. Homes are available in a variety of styles—from single-family homes to townhomes—with offerings in a wide price range, including custom homesites in The Ridges. Summerlin is recognized as one of the country's premier locations to raise a family and to operate a business, named MPC of the Year for 2020 by the National Home Builders Association.
About Howard Hughes Holdings Inc.
Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. The company’s award-winning portfolio comprises the country’s premier master planned communities, as well as operating properties and development opportunities including Downtown Columbia® in Maryland; The Woodlands®, Bridgeland® and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Teravalis™ in the Greater Phoenix, Arizona area. The Howard Hughes portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH. For additional information visit www.howardhughes.com.
Safe Harbor Statement
Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize,” “plan,” “intend,” “assume,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holdings Inc.’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. Howard Hughes Holdings Inc. cautions you not to place undue reliance on the forward-looking statements contained in this release. Howard Hughes Holdings Inc. does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.
Media Contact:
Howard Hughes Holdings Inc.
Cristina Carlson, 646-822-6910
Senior Vice President, Head of Corporate Communications
cristina.carlson@howardhughes.com
Investor Relations Contact
Howard Hughes Holdings Inc.
Eric Holcomb, 281-475-2144
Senior Vice President, Investor Relations
eric.holcomb@howardhughes.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/808f043c-f32a-4b6a-9e85-785ebdea4073
FAQ
When will Jose Bustamante start as President of Nevada Region at Howard Hughes Holdings (HHH)?
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