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Posted: Oct 16, 2012

Hunt Companies, Inc. Expands Board of Directors

Hunt Companies, Inc. today announced it will be adding five new board members, including four independent external members. The change was announced by Woody Hunt, Chairman and CEO and comes as the company is working to strengthen its governance systems in light of recent diversification and growth.

The new board members include:

Eileen Byrne

Eileen Byrne
Eileen Byrne retired from BlackRock in 2008 as Global Head of Real Estate Account Management and currently advises real estate firms on organization, investment and product strategy. Ms. Byrne's nearly 35-year career in real estate began as a policy analyst for the City and County of Denver and later a development officer for the U.S. Department of Housing and Urban Development. At the Denver Partnership, she was responsible for downtown redevelopment projects in the mid-1980s, before starting her own consulting firm, which was bought by Townsend in 1998. She served as a Townsend principal until 2004 when she moved to BlackRock.

Joshua Hunt

Joshua Hunt
Joshua Hunt is a Senior Vice President of Hunt Companies, Inc. In addition, Mr. Hunt is Managing Director of Hunt Holdings; President of the Hunt Family Foundation; and serves as a member of the Board of Directors of Hunt Investment Management and Hunt Communities as well as serving on several Hunt corporate and affiliate governance committees. In addition to his duties at Hunt, Josh currently serves as a YWCA Foundation trustee, is on the Board of Directors for the Greater El Paso Chamber of Commerce Foundation; as well as on the Executive Committee of the El Paso Regional Economic Development Corporation (REDCO). Josh is a member of the Paso del Norte Group, the University of Texas at El Paso (UTEP) 2014 Commission, and UTEP President's Athletic Advisory Council.

Michael Giliberto

Michael Giliberto
A well-known industry research analyst and leading portfolio manager, Michael Giliberto heads a real estate consulting business, S. Michael Giliberto & Co., Inc., and is an adjunct professor at Columbia University's Graduate School of Business. From 1996 until 2010, he was a managing director responsible for real estate multi-strategy products at JP Morgan, overseeing portfolios totaling $30 billion in gross assets. In 1993, he established the Giliberto-Levy Index, a highly-regarded and often cited industry benchmark for measuring the quarterly returns of institutional, commercial grade whole mortgage loans. Before joining JP Morgan, Mr. Giliberto had been head of real estate research at Lehman Brothers and Salomon Brothers. Previously, he was a business management professor at Southern Methodist University.

Michael Hertzberg<

Michael Herzberg
Michael A. Herzberg serves as Co-Chairman and Co-CEO of FPL Advisory Group and Chairman and CEO of FPL Associates. FPL Advisory Group is a holding company for a series of advisory companies engaged in the fields of real estate, asset management and financial services. FPL Associates is the consulting entity engaged in strategy, organization, compensation/ownership, corporate finance and leadership/succession. Mr. Herzberg also serves as Chairman and CEO of Roseworth Companies, a holding company for various investment and advisory activities outside the real estate and financial services industries.

Gene Wolf

Gene Wolf
Gene Wolf is a Partner with Kemp Smith law firm in El Paso, practicing primarily in the areas of securities, business and tax law and serves as a member of the firm's Management Committee. Mr. Wolf has been listed in The Best Lawyers in America (tax law and trust and estate law 2006 – 2012) and Texas Super Lawyers (2007 – 2012). In 2012, he was named Tax Law Lawyer of the Year by the El Paso Best Lawyers. In addition to serving on the Hunt Board of Directors, Mr. Wolf is on the Board of Directors for Junior Achievement of the Desert Southwest, Rotary Club of El Paso, Yucca Council of the Boys Scouts of America and The Greater El Paso Chamber of Commerce. He is also a member of the El Paso Estate Planning Council.

"I am happy to have these individuals join our board," said Woody Hunt, Chairman and CEO of Hunt. "I look forward to the contribution each of them will make to the continued success of our business."

The new board members will join existing board members which include Woody Hunt, Chairman and CEO; Mike Hunt, President and Chief Operating Officer; Chris Hunt, Chief Investment Officer; and William Kell, Chief Financial Officer.

ABOUT HUNT

Hunt Companies, Inc. is a leading national real estate company dedicated to building values through development, investment, and management. Hunt is focused in the core areas of public private partnership, military housing, community development, real asset investment management and multifamily housing.

Hunt is firmly rooted in a legacy of leadership, integrity, and trust. Together, Hunt and its affiliates have more than $13 billion in assets under management, including 144,583 multi-family housing units and 8.3 million square feet of office, retail and industrial properties. Hunt has also developed 89,000 housing units, over 1 million square feet of commercial space and thousands of acres of land. Development project costs have totaled more than $6.3 billion with more than $8.2 billion in construction costs.

Visit www.huntcompanies.com to learn more about Hunt, its heritage and commitment to values that build