Hunt Development Group

Guy Arnold
Executive Vice President, Co-Chief Operating Officer

As Co-Chief Operating Officer of Hunt Companies, Mr. Arnold has primary responsibility for managing business operations within Hunt Companies, including driving performance across multiple business lines and real estate assets. Mr. Arnold also oversees transaction management, including acquisitions, development, financing and dispositions of real assets. Mr. Arnold also serves on various subsidiary boards and committees, including the HCI Investment Committee, Moss & Associates Board, Envolve Board and CGL Board.

Mr. Arnold has more than 32 years of real estate experience. In 2013, he founded GMA Holdings, a commercial real estate investment firm in Denver, Colorado. Prior to that, Mr. Arnold served as President of Denver-based Dividend Capital Diversified Property Fund where he led all functions of the $2.9 billion REIT including property acquisitions, dispositions, asset management, finance, reporting, human resources and investor relations.

Mr. Arnold also held the position of Managing Director at Cherokee Investment Partners and Vice President at Colorado & Santa Fe Land Company.

Mr. Arnold is a member of the Board of Directors of the Meridian Fund, Inc., a family of mutual funds; a member of the Board of Directors of Arrowmark Financial Corp. (NASDAQ:BANX), a closed-end fund focused on bank related investments; a member of The Children's Hospital of Colorado Finance Committee; and a former member of the Board of Directors of Steele Street Bank & Trust, a $550 million Denver community bank that sold to MidFirst Bank.

Mr. Arnold earned a Bachelor of Arts degree from the University of Virginia. He is based in Denver, Colorado.

Gary Sapp
President, Development, Southwest

Mr. Sapp joined Hunt in 1991 and currently has overall responsibility for Southwest U.S. real estate development projects including: identifying opportunities, market feasibility, acquisitions, design management, entitlement, finance, construction procurement, monetization and recapitalizations, dispositions and asset management.

Projects Mr. Sapp has managed include acquisition and repositioning of existing income properties, new and redevelopment projects focused primarily on mixed use, retail/commercial and multi-family income properties as well as land investments and master planned community developments in the southwest. Recent projects include the 35-acre, mixed-use ABQ Uptown development in Albuquerque consisting of upscale lifestyle retail, luxury apartments, a Trader Joe's grocery and an urban, two story Target store. Current projects include new Class A, high-density, multi-family projects in the vibrant Texas cities as well as other gateway and primary markets. Multiple luxury multifamily developments currently are underway in Dallas, Austin and Houston.

Since joining Hunt, Mr. Sapp has managed investment real estate transactions totaling over $2 billion.

Benjamin Wullschlager
Senior Vice President

Ben joined Hunt in 2020 and currently leads real estate development and asset management responsibilities for HDG in the Rocky Mountain Region and Texas. Ben is an accomplished real estate executive with over 20 years of diverse ground-up development experience in multiple asset classes including retail, office, municipal and multifamily. Over the last 10 years, Ben has focused primarily on the development of multifamily and mixed-use projects totaling over 2,500 units and 70,000 sf of retail with a market value of over $1B. Responsibilities include; entitlement, design management, market analysis, finance, construction management, retail and office lease negotiations, apartment asset management and programing of new development opportunities.

Steve Colón
President, Development, Hawai‘i Division

Steve Colón serves as President of Hunt Companies' Development Division in Hawai‘i where he is responsible for the company's activities statewide.

Mr. Colón has over 30 years of experience in virtually every aspect of real estate development, investment and management. Under his leadership, Hunt's Hawai'i Division manages the development of properties on the islands of O'ahu, Big Island, Maui and Kaua'i, encompassing 2,000 acres of land and over one million square feet of retail, commercial and light industrial space. Following the company's acquisition of its O‘ahu portfolio from the U.S. Navy through the Ford Island Master Development Agreement, a unique Public Private Partnership transaction, Mr. Colón oversaw the successful redevelopment and repositioning of over $400 million of underutilized and neglected former Navy real assets, including 2,000 homes, a former Navy Weapons Station and a 5MW utility-scale PV energy project. This is an on-going partnership that Hunt continues to develop, construct and manage and has enabled the renovation of iconic historical properties on Ford Island as well as increased economic development of the area. The Division's current projects include a mixed-income, transit-oriented development on O‘ahu, a new master-planned development on the Big Island and a 49,000 square-foot mixed-use, neighborhood center development on Kaua'i.

In 2012 Mr. Colón was awarded Private Sector Leader of the Year by the Association of Defense Communities, recognizing his leadership in redeveloping Ford Island. On behalf of Hunt Companies, he also received the 2012 Base Redevelopment Innovation award for the redevelopment of Ford Island.

Previously Mr. Colón held positions with Pulte Homes, Hines, Trammell Crow Company, AEW, and Grubb & Ellis Company. Prior to joining Hunt, he spent two years on active duty with the Navy due to post 9-11 reserve recall and spent a combined 26 years in the Navy and Navy Reserve, retiring as a Captain in 2006. Mr. Colón holds an Master of Business Administration in finance from the Wharton School of the University of Pennsylvania and a Bachelor of Science from the U.S. Naval Academy.