HOUSTON, July 31, 2017 (GLOBE NEWSWIRE) -- Transwestern today announces Charles N. Hazen has been appointed President of Transwestern Investment Group (TIG®). In this role, the veteran real estate professional will have leadership responsibility for the strategic direction, investor relationships and operational activities for all of TIG’s business units. TIG is a member of the Transwestern family of companies, which also includes national real estate services and development companies.
Hazen has spent the majority of his 32-year career at Hines, where he served in a number of executive positions including Senior Managing Director and CEO – Core Fund/REIT Division and CEO of Hines U.S. Core Office Fund, Hines Global REIT and Hines Corporate Properties. He was a member of the Hines executive committee and managed the acquisition or development of approximately $12 billion of office, retail, industrial and multifamily properties worldwide. Possessing extensive capital-raising experience with prominent institutional investors, Hazen was involved in raising more than $6.2 billion over a 15-year period.
“Charles brings deep investment management experience and outstanding investor relationships to our team,” said Larry P. Heard, CEO of the Transwestern family of companies. “He is an industry leader with extensive experience in serving investors. Importantly, Charles is also an outstanding cultural fit, which is of paramount importance to Transwestern.”
Hazen added, “I am excited to join the talented team of professionals at TIG and for the opportunity to leverage the comprehensive capabilities of the Transwestern platform for the benefit of TIG’s investors. I have always had a tremendous amount of respect for the Transwestern brand, and I am honored to work alongside such dedicated professionals.”
For the past four years, Hazen has led Stanmore Partners, a real estate development and investment firm founded in 2013. Stanmore has several projects in development and Hazen will assume the role of chairman and continue to be involved to help manage the success of those projects.
With more than $3.2 billion of assets under management, TIG serves a broad range of investors through discretionary funds, separate accounts and corporate net-leased properties through an integrated operating platform. Through the firm’s client-first approach, TIG works with each investor to develop a specialized investment strategy that aligns their objectives with the appropriate investment vehicle. Portfolio managers draw upon various disciplines − research, acquisitions, risk management, asset management, property and client financial reporting − to deliver exceptional service and performance.
TIG integrates real estate expertise into its investment strategies through its affiliation with Transwestern, a diversified real estate services firm that provides agency leasing, tenant advisory, capital markets, asset services and research from 35 U.S. offices as well as a national development company.
ABOUT TRANSWESTERN INVESTMENT GROUP
Transwestern Investment Group is an investment advisor serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Our client-focused, relationship driven approach ensures our priorities are our clients' investment objectives. With $3.2 billion of assets under management, trust, integrity and transparency are the cornerstones of our business. Transwestern Investment Group provides tactical investment management with an integrated operating platform through the Transwestern family of companies, which includes a diversified real estate services firm with 35 U.S. offices and a national development company. For more information, please visit transwesterninvest.com.
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Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8cad3a1d-1fdd-4c51-b085-fedb9d8ee3f5