History

THE HUNT HISTORY

The roots of Hunt Companies trace back to the settlement of the Southwest. An early Hunt generation followed the Santa Fe Trail from the Midwest, arriving in the Cimarron territory of New Mexico—and Marion Lewis (M.L.) Hunt, one of the sons of that generation, became the first family member to make his home in El Paso, Texas. Since that time, four generations of Hunts have led the company, creating value in real assets across the U.S.

Hunt Historical Highlights

Scroll through the Hunt timeline and click on any year for more detail:

1947

Sons Jack and Kelly join their father, M.L. Hunt, to form Hunt Sales Company, a retail lumber, hardware and building store in the area of the Lower Valley in El Paso.

1955

Jack and Kelly Hunt incorporate Hunt Sales, Inc., adding a second retail store and a contracting office.

1961

Hunt earns its first $1 million construction contract, sells the retail lumber and building material business.

1969

Jack's son, Woody Hunt, becomes Treasurer of Hunt Building Marts, Inc. Revenue is $10 million.

1971

Hunt's multi-family, military and public housing construction business soars. Jack's son, Mike Hunt, joins as a field engineer. The company changes its name to Hunt Building Corporation.

1973

Contracts total $83 million and revenues total $49 million.

1977

Woody Hunt becomes President upon the retirement of his father and uncle. The company begins development and construction on 21 HUD Section 8 projects.

1985

Hunt begins its role as one of the premier design-build contractors for the U.S. Armed Forces, being awarded the first 801 military housing contract in Newport News, Virginia, in 1985.

1987

Woody Hunt is elected Chairman of the Board and Mike Hunt is elected President and Chief Operating Officer of Hunt Building Corporation. Woody and Gayle Hunt establish the Cimarron Foundation - now known as the Hunt Family Foundation.

1992

Hunt enters into private real estate development with the first phase of Colinas del Sol. At completion, this 752 unit market rate multi-family project commanded the highest rental rates in El Paso, Texas. Hunt starts its property management division focusing on assets owned by the company.

1995

Hunt enters into retail development with its development and construction of the Sunland Towne Center, a 325,000 square foot power center in El Paso, Texas. In Albuquerque, Hunt acquires the site and begins planning for The Plaza at Cottonwood, a 425,000 square foot shopping center.

1998

Hunt expands its services and product mix as it enters Low-Income Housing Tax Credit (LIHTC) development market.

2000

Hunt is awarded four Military Housing Privatization Initiative (MHPI) projects, which include Robins Air Force Base in Georgia; Dyess Air Force Base in Texas; Camp Pendleton MCB in California; and NAS Kingsville in Texas. This milestone launches Hunt to become one of the industry's largest MHPI developers and owners. Chris Hunt, Mike's son is promoted to Executive Vice President as he leads the company's MHPI efforts.

2002

Hunt is selected by the Navy as the Master Developer for Ford Island in Hawaii, which involves improvements on infrastructure and redevelopment of 1,600 acres of land. This project continues to this day.

2005

Josh Hunt, Woody's son, joins the business working on the development of ABQ Uptown in Albuquerque, New Mexico. ABQ Uptown is the company's first lifestyle center.

2006

Hunt combines three activities, Public-Private Partnerships (PPP) and private real estate development in the Southwest and Hawaii, into a single entity and forms Hunt Development Group and appoints Chris Hunt, CEO/President.

2007

Hunt celebrates its 60 year anniversary. Hunt is awarded the largest Air Force MHPI project, which is located at three different military installations and totals $750 million.

2008

Hunt Building Corporation changes its name to Hunt Companies, Inc. The company reports over $2 billion in construction backlog.

2010

Hunt purchases TRECAP Partners, and subsequently Capmark Investments LP (later named Hunt Investment Management), a real estate investment management company. Hunt also forms a new entity, Hunt Capital Partners, a Low-Income Housing Tax Credit (LIHTC) syndication and investment company. Gross revenues exceed $900 million.

2011

Hunt makes a strategic investment in LEDIC Management Group, a third party multi-family property management company, and launches WhiteHawk Capital, LLC., (later named Hunt Alternative Energy Investments) for the purpose of energy infrastructure fund management.

2012

The Hunt Board of Directors is expanded to include four external members. Hunt acquired the Carter Goble Lee companies, expanding its capabilities in social infrastructure. The newly formed company reorganized and consolidated to form CGL Management Group.

2013

Chris Hunt is named President and Chief Operating Ocer. Hunt completes acquisition of Centerline Holding Company, increasing assets under management to $24.8 billion. The acquisition approximately doubled the number of units in the aordable housing portfolio and provided a licensed lending platform.