Houston-based Hines, a real estate development company with offices in over 200 cities, is launching Willowick Residential, a branch specifically aimed at multi-family property management.

Hines, a real estate development company with offices in over 200 cities, is launching a branch specifically for multi-family property management called Willowick Residential.

Based out of Houston, Hines had been juggling both commercial and multi-family development. Some of the firm’s most well-known projects include CityCenterDC hotel and office block in Washington, D.C. and the Walter Reed Army Medical Center (where President Donald Trump was hospitalized with the coronavirus infection last week.)

As first reported by local outlets, Willowick Residential will be a branch specifically dedicated to multi-family housing and will work on the 63 projects in 38 U.S. cities currently in the works for the firm. The branch is named after the first apartment building that the firm’s late founder, Gerald D. Hines, developed in Twin Oaks in the 1960s.

“Rooted in the expertise of our regional offices, our growing and successful multifamily division has expanded for-rent apartment development activity throughout the United States,” Jeff Hines, president and CEO of Hines, said in a statement to ReJournals.

Tinsley On The Park Complex in Houston.

The projects taken over by Willowick will include nine residential buildings across the United States — five in the Houston area, two in Dallas-Fort Worth and two in Chicago. Primarily luxury apartment units, they tailor to young professionals and urban dwellers.

“Willowick Residential seeks to deliver a superior level of resident service, above-industry retention rates, cost-effective building management and superior engineering and maintenance of the physical asset,” Hines said.

The new company branch will also focus on a variety of different developer services — from acquisitions and vendor compliance to market analysis, advising and lease-up and transition services.

Email Veronika Bondarenko

rentals | technology
Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
We are less than 1 week away from Inman Connect! Get your ticket for $99 before prices go up next week.GET YOUR TICKET×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription