MULTIFAMILY INVESTMENTS

HCM focuses on different multi-family asset classes throughout the real estate cycle. HCM unitizes its malleable capital sources to create complex real estate ownership structures that exploit common capital inefficiencies to leverage our investors' returns. 
 
 

 

HEALTHCARE REAL ESTATE

Hughes Capital Management, Inc. owns and develops medical office and ambulatory surgery centers in Texas as investment properties and investment partnerships.
 

 

DEVELOPMENT SERVICES

Extensive market relationships ensure Hughes Capital Management, Inc.'s ability to deliver successful projects on-time and on budget for a variety of requirements and clients.
 

 

PROPERTY SERVICES

Hughes Capital Management, Inc. operates a portfolio of owned properties and a portfolio of properties it treats with personal care, in its relentless focus on value creation through effective property management and leasing strategies.

 

Who We Are

Overview & History

Hughes Capital Management, Inc. was founded in 1996 by Lance R. Hughes, President and Chief Executive Officer. Mr. Hughes was the successor to the preceding family-owned businesses involved in Real Estate and Healthcare Development in Central Texas since the 1970's. Hughes Capital Management, Inc., and related entities (collectively "HCM"), are multi-faceted development companies committed to creating high quality projects that are sustainable and appropriate as long-term investments that preserve the confidence of our end users. Each Hughes real estate development endeavors to offer a unique property presenting the owner or tenant with a well-conceived long-term match for their needs. Most of the firm's tenants, especially in the healthcare industry, requires special attention to their needs, which HCM meets or exceeds.

Mr. Hughes is currently pursuing development opportunities, recognizing that conventional suburban development is not sustainable and needs to be replaced by higher density mixed-use projects that use mass transit wherever practical. The Hughes' focus is not only on creating mixed-use urban style developments, but positioning those developments to be highly sensitive to the unique features of the Central Texas environment and be proactive and sustainable with appropriate energy saving initiatives, thereby contributing to the long term ecological success of the project.

Hughes' current venture is the comprehensive development of a major tract of land in Leander, Texas that is the heart of their Transit Oriented Development (TOD). This land is adjacent to the Capital Metro site that will be the northern most stop for Capital Metro's first commuter rail line opening in 2008. Hughes believes the importance of the rail cannot be over emphasized for the long-term viability of Central Texas. Additionally, Hughes has the experience to enter into strategic partnerships that coalesces a number of skill sets to match a project's needs and create a unique team. The Leander TOD team includes Hughes, Smalling-Martin Interests and American Realty Corporation.

Other current development projects include Park Valley Oaks Medical Office development and Arbor Place single-family residential development. Mr. Hughes is also owner of Landa Property Management, a full service property management firm.

Hughes has a history of consistently developing successful projects, including South Austin Medical Condominiums, Oakwood Arbors Medical Office Park, Park Valley Oaks Medical Office Development, Key Whitman Medical Office Building, Round Rock Imaging Center (Diagnostic Radiology), and Lake Austin Marina. Additionally, through the family companies, Mr. Hughes has been heavily involved in developing the Central Texas Imaging Center, Cat Mountain Villas, and Steiner Ranch.

 

Executive Team

Lance R. Hughes

CEO
Mr. Hughes is the Chief Executive Officer of Hughes Capital Management, Inc. (“HCM”). Before founding HCM, Mr. Hughes served as President of Landa Property Management, Inc. and President of Habilitation, Inc. Mr. Hughes has acted as sponsor for an extensive number of multi-family projects, medical and commercial office buildings, single family residential developments, as well as various healthcare entities including ambulatory surgery centers, diagnostic imaging centers, and community based Mental Health Mental Retardation (MHMR) Residential Care Facilities. The multi-faceted aspect of these affiliated companies has given Mr. Hughes an extensive background in all aspects of real estate development and related real estate services. Mr. Hughes’ recent focuses include multi-family renovations and repositionings as well as the development of medical office buildings. As primary Principal, Mr. Hughes has been responsible for many developments and the acquisition and repositioning of assets. These include ten medical office buildings and multiple land developments and multi-family repositioning. Each project is approached with a unique perspective that reflects the intent to create assets with a unique value worthy of longterm investment by the developer. He also has participated in several major energy conservation initiatives for his developments. Additionally, Mr. Hughes has served on many boards including a previous member of The Board of the Texas Tech Foundation.
 

Bruce G. Barre Bruce G. Barre

CFO
Mr. Barre is the Chief Financial Officer of Hughes Capital Management, Inc. and Vice President/Secretary/Treasurer of Landa Property Management, Inc. Mr. Barre is the Chief Financial Officer for both these companies and various other entities owned and managed by Mr. Hughes. Mr. Barre has overseen the financial and tax accounting for the Hughes family since 1985. He has extensive experience in managing the accounting and tax aspects of Mr. Hughes’ investments including commercial properties, multi-family residential properties and real estate development.
 
Mr. Barre is a Certified Public Accountant with a degree of Bachelor of Business Administration in Accounting from The University of Texas at Austin. He is a member of Texas Society of Certified Public Accountants.
 
 

Justin H. Scott

DIRECTOR OF DEVELOPMENT
Mr. Scott is the Director of Development for Hughes Capital Managmenet, Inc. ("HCM").  Before joining HCM, Mr. Scott was a Development Manager at Conor Commercial Real Estate, where he focused on office, industrial, and multifamily projects throughout the state of Texas.  In this capacity, Mr. Scott managed all aspects of the development process: deal sourcing & acquisition, fund raising & capital structure, planning & design, entitlements, construction oversight, leasing, asset management, and disposition. While at Conor Commercial Real Estate, Mr. Scott oversaw projects totaling more than $180MM and 1.4MM square feet.  Prior to Conor, Mr. Scott was an Analyst at Situs, a global real estate advisory firm, where he worked with financial institutions and investors in evaluation real estate assets for acquisition, loan origination, valuation, and disposition.  During his tenure at Situs, Mr. Scott evaluated over $3B of various types of real estate located across the United States.  Mr. Scott has a B.S.B.A. in Finance & Banking and Real Estate from the University of Missouri and an M.B.A. with an emphasis in Finance from the University of Missouri-St. Louis.