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HIC Land appoints Victor Padilla as co-CEO alongside Stefan Hoyer

South Carolina firm HIC Land has named Victor Padilla co-CEO alongside founder Stefan Hoyer as the company expands its master-planned community operations across eight southeastern states.

FTMQ Real Estate, written by our newsroom0 views

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Picture: HousingWire

South Carolina real estate investment firm HIC Land has appointed Victor Padilla as co-CEO alongside founder Stefan Hoyer, HousingWire and Construction Owners both reported. Padilla was the first hire made by Hoyer at the company. [1][2]

HousingWire reported that the executive transition is designed to position the firm for its next growth phase, which features a heightened focus on master-planned communities. The company specializes in land banking and land development assets. [1]

According to HousingWire, HIC Land currently operates across eight states in the Southeast. The firm maintains 48,000 lots under development, owned, or under control, representing $300 million in invested capital. [1]

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In short

  • HIC Land named Victor Padilla as co-CEO alongside founder Stefan Hoyer.
  • HIC Land has invested $300 million across eight southeastern states.
  • The firm holds 48,000 lots owned, under control, or under development.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Victor Padilla named co-CEO of HIC LandHousingWire, 22d ago (the report this story comes from)
  2. [2]HIC LAND APPOINTS VICTOR PADILLA AS CO-CEO ALONGSIDE FOUNDER STEFAN HOYERConstruction Owners, 22d ago

Background

  1. [3]Cuban sandwich on Wikipedia
  2. [4]Here be dragons on Wikipedia

Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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