MPC Corporation

Cecilian Partners Secures Growth Funding from Dallas-Based Venture Capital Firm Perot Jain

Retrieved on: 
Wednesday, October 11, 2023

NEW HOPE, Pa., Oct. 11, 2023 /PRNewswire/ -- On the heels of its recent $11M Series A raise, Cecilian Partners today announced that it has secured growth capital from Perot Jain, the leading Dallas-based venture capital firm focused on industry-disrupting companies and tech. Cecilian offers transformative, end-to-end digital solutions for homebuilders and land developers, with a fast-growing client base in Dallas Fort Worth. That base includes Hillwood Communities – one of the country's largest community developers, a strategic partner of Perot Jain and Cecilian Partners' largest client.

Key Points: 
  • NEW HOPE, Pa., Oct. 11, 2023 /PRNewswire/ -- On the heels of its recent $11M Series A raise, Cecilian Partners today announced that it has secured growth capital from Perot Jain , the leading Dallas-based venture capital firm focused on industry-disrupting companies and tech.
  • That base includes Hillwood Communities – one of the country's largest community developers, a strategic partner of Perot Jain and Cecilian Partners' largest client.
  • "Cecilian Partners is revolutionizing the new home ecosystem," said Aaron Pierce, Partner at Perot Jain.
  • "It's a natural fit – Perot Jain has always been committed to innovation that centers on people, and Cecilian Partners is delivering on that mission," Balda said.

RCLCO Ranks Summerlin® and Bridgeland® Among Nation's Best-Selling Master Planned Communities in 2023 Mid-Year Report

Retrieved on: 
Tuesday, August 1, 2023

HOUSTON, Aug. 1, 2023 /PRNewswire/ -- Two award-winning communities of The Howard Hughes Corporation® (NYSE: HHC)—Summerlin® in Las Vegas, NV, and Bridgeland® in the Greater Houston, TX area—ranked among the country's best-selling master planned communities, according to a mid-year report released by national real estate consultant RCLCO. Summerlin ranked #5 on the RCLCO list with 544 new homes sold during the first half of 2023 and continues to be Nevada's top-selling MPC. Bridgeland ranked #6 nationwide, with 511 new homes sold by mid-year, and is one of the top-selling communities in Texas.  

Key Points: 
  • Summerlin ranked #5 on the RCLCO list with 544 new homes sold during the first half of 2023 and continues to be Nevada's top-selling MPC.
  • Bridgeland ranked #6 nationwide, with 511 new homes sold by mid-year, and is one of the top-selling communities in Texas.
  • "Howard Hughes communities offer an exceptional quality of life with unmatched amenities in beautiful, natural settings," said David O'Reilly, Chief Executive Officer of The Howard Hughes Corporation.
  • "Our residents enjoy an active, outdoor lifestyle, top schools, short commutes, and a vibrant selection of entertainment and cultural experiences.

Florida and Texas Top RCLCO Real Estate Consulting's Mid-Year 2023 Master Planned Communities Report

Retrieved on: 
Tuesday, July 25, 2023

BETHESDA, Md., July 25, 2023 /PRNewswire/ -- Real estate consulting firm RCLCO today released the results of their mid-year survey of the top-selling master-planned communities (MPCs) of 2023.  The survey shows that new home sales among the 50 Top-Selling Master-Planned Communities increased compared to the pace set by the top communities in the first half of 2022.

Key Points: 
  • The survey shows that new home sales among the 50 Top-Selling Master-Planned Communities increased compared to the pace set by the top communities in the first half of 2022.
  • "Master-Planned Communities remain a 'safe haven' for consumers amid elevated interest rates, high prices, and fears of a possible recession," said Karl Pischke, Principal at RCLCO.
  • RCLCO's national survey of master-planned communities has been conducted since 1994, and it identifies the top-selling MPCs through a rigorous search of high-performing communities.
  • The full report is available here , and RCLCO will hold a webinar on Thursday, July 27th at 9:15AM PT / 12:15PM ET to discuss the results.

Angeles Equity Partners Adds Adam Lerner as Operating Partner

Retrieved on: 
Tuesday, March 21, 2023

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced that Adam Lerner has been named as an operating partner at Angeles Operations Group.

Key Points: 
  • Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced that Adam Lerner has been named as an operating partner at Angeles Operations Group.
  • As an operating partner in Angeles’ affiliated operations group, Lerner is responsible for the evaluation and due diligence of new investment opportunities, developing and executing value creation plans, and providing oversight across Angeles portfolio companies.
  • “We have tracked Adam’s career since first working together in the mid-2000s and are thrilled to welcome him to Angeles Operations Group,” said Tim Meyer and Jordan Katz , co-founders and managing partners of Angeles Equity Partners.
  • Before joining KIK, Adam was an operating partner at Marlin Equity Partners.

The 50 Top-Selling Master-Planned Communities of 2022 Revealed in RCLCO Real Estate Consulting's Semi-Annual Report

Retrieved on: 
Thursday, January 5, 2023

BETHESDA, Md., Jan. 5, 2023 /PRNewswire/ -- Real estate consulting firm RCLCO has released the results of their semi-annual survey of the top-selling master-planned communities (MPCs) of 2022. RCLCO's ranking is based on total new home sales as reported by each individual community, and establishes updated rankings from the mid-year report. RCLCO has been performing these extensive surveys of the nation's MPCs for almost three decades, which have become an industry standard for monitoring the overall health of the housing market.

Key Points: 
  • RCLCO's ranking is based on total new home sales as reported by each individual community, and establishes updated rankings from the mid-year report .
  • Read the full report online: https://www.rclco.com/publication/the-top-selling-master-planned-communi...
    Key takeaways from this year's results include:
    New home sales among the 50 Top-Selling Master-Planned Communities declined by 20% in 2022 compared to the pace set by 2021's top communities.
  • The state of Florida represented about 46% of sales among ranked communities, followed by Texas at nearly 30%.
  • RCLCO Principal Karl Pischke notes, "Master-Planned Communities, like the broader U.S. housing market, saw a decline in home sales in 2022 compared to their prior year performance.

RCLCO Real Estate Consulting Identifies the 50 Top-Selling Master-Planned Communities in First Half of 2022

Retrieved on: 
Monday, July 18, 2022

BETHESDA, Md., July 18, 2022 /PRNewswire/ -- Real estate consulting firm RCLCO released the results of their survey of the top-selling master-planned communities (MPCs) through the first half of 2022. Read the report online: https://www.rclco.com/publication/the-top-selling-master-planned-communi...

Key Points: 
  • Read the report online: https://www.rclco.com/publication/the-top-selling-master-planned-communi...
    Every year since 1994, RCLCO has conducted a national survey identifying the top-selling MPCs through a rigorous search of high-performing communities.
  • Total new home sales among the 50 Top-Selling Master-Planned Communities declined by 18% in the first half of 2022 compared to the same time period last year.
  • Dallas, Texas's Silverado has earned the third place rank through the first half of the year with 599 sales.
  • Since 1967, RCLCO has been the "first call" for real estate developers, investors, public institutions and non-real estate companies seeking strategic and tactical advice regarding property investment, planning, and development.

THE WOODLANDS® BECOMES WORLD'S LARGEST MASTER PLANNED COMMUNITY TO ACHIEVE LEED® PRECERTIFICATION

Retrieved on: 
Tuesday, July 12, 2022

HOUSTON, July 12, 2022 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) has announced that two of its award-winning master planned communities—The Woodlands® and Bridgeland®, both in the Greater Houston area—have earned LEED precertification by the U.S. Green Building Council, becoming the first master planned communities (MPCs) in Texas to achieve this status. The Woodlands and Bridgeland join an elite global group of entities recognized by LEED for being dedicated to making their communities healthy, resilient, inclusive, and inherently sustainable for residents. The Woodlands, at 44.5 square miles, becomes the largest master planned community in the world to earn precertification.

Key Points: 
  • The Woodlands, at 44.5 square miles, becomes the largest master planned community in the world to earn precertification.
  • The Woodlands, a 28,500-acre master planned community, devotes an unprecedented 28% to green space within 220 miles of hike-and-bike trails, 151 parks, and forest preserves.
  • The Woodlands offers an unprecedented 28% of green space, leading the way among master planned communities that practice environmental preservation.
  • Bridgeland is an 11,500-acre master planned community located in Cypress, Texas, and is ranked as the top-selling master planned community in the Greater Houston area, #2 in Texas and #15 in the nation.

THE HOWARD HUGHES CORPORATION® APPOINTS JESSE CARRILLO AS CHIEF INNOVATION OFFICER

Retrieved on: 
Wednesday, March 16, 2022

HOUSTON, March 16, 2022 /PRNewswire/ -- The Howard Hughes Corporation (NYSE: HHC) today announced that Jesse Carrillo has been named the company's Chief Innovation Officer, effective March 16, 2022.

Key Points: 
  • HOUSTON, March 16, 2022 /PRNewswire/ -- The Howard Hughes Corporation (NYSE: HHC) today announced that Jesse Carrillo has been named the company's Chief Innovation Officer, effective March 16, 2022.
  • He joined the firm in 1994 and served in various technology roles before becoming the company's Chief Technology Officer in 2007 and then its Chief Information Officer in 2009.
  • "Jesse's expertise will be invaluable in keeping our communities at the forefront of innovation and sustainability," said Carlos Olea, Chief Financial Officer of The Howard Hughes Corporation.
  • The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release.

Mission Ridge Ranked In Top-Selling Master-Planned Communities of 2021

Retrieved on: 
Tuesday, January 25, 2022

EL PASO, Texas, Jan. 25, 2022 /PRNewswire/ -- Mission Ridge, a Hunt Communities' master-planned community in El Paso, ranked high on two national lists for top-selling master-planned communities.

Key Points: 
  • EL PASO, Texas, Jan. 25, 2022 /PRNewswire/ -- Mission Ridge, a Hunt Communities' master-planned community in El Paso, ranked high on two national lists for top-selling master-planned communities.
  • In the RCLCO Top-Selling Master-Planned Communities of 2021 list Mission Ridge is ranked #10.
  • Meanwhile, the John Burns Top Master-Planned Communities list ranks Mission Ridge #11 top-selling for 2021.
  • Mission Ridge reported 821 new home sales in 2021.

THE HOWARD HUGHES CORPORATION® APPOINTS CARLOS OLEA AS CHIEF FINANCIAL OFFICER

Retrieved on: 
Wednesday, January 12, 2022

HOUSTON, Jan. 12, 2022 /PRNewswire/ --The Howard Hughes Corporation(NYSE: HHC) today announced that Carlos Olea has been appointed as the company's Chief Financial Officer, effective January 12, 2022.

Key Points: 
  • HOUSTON, Jan. 12, 2022 /PRNewswire/ --The Howard Hughes Corporation(NYSE: HHC) today announced that Carlos Olea has been appointed as the company's Chief Financial Officer, effective January 12, 2022.
  • Mr. Olea has been with The Howard Hughes Corporation since 2017 and has served as the company's Chief Accounting Officer since 2019, overseeing the financial accounting strategy for the nation's largest portfolio of MPCs during a time of outstanding growth.
  • Prior to joining HHC, Mr. Olea served as Chief Accounting Officer at Carr Properties, a Washington, D.C.-based owner-operator and developer.
  • "Carlos has been an integral part of HHC's senior team for the past four years, and we are fortunate to have him as our Chief Financial Officer," said David O'Reilly, Chief Executive Officer of The Howard Hughes Corporation.