(HOUSTON) – Hines, the international real estate firm, today announced two high-profile additions to its Capital Markets team. Joining CEO of Capital Markets Chris Hughes, who also serves as Co-Head of Investment Management, will be Cameron Falconer and J.D. Sitton. The expanded team is part of a new strategy for Hines’ investment management platform.
Falconer transitions to his new role as COO/Deputy Head of Capital Markets from the firm’s West Region with significant experience serving investors through development and acquisitions totaling more 15 million square feet. He will remain in San Francisco. The team will be responsible for coordinating capital raises for flagship discretionary funds and strategic separate accounts, as well as orchestrating and supporting coverage of important real estate investors globally. Falconer will report to Hughes.
Sitton, who joins Hines from JPMorgan Asset Management, will serve as Senior Managing Director, Capital Markets–Americas. Based in New York, and reporting to Falconer, he will lead the capital raising team in the Americas and partner with Senior Managing Directors Michael Haas in Europe/MENA, Young Lim in Asia Pacific and Mark Earley, CEO of Hines Securities, Inc.Hughes stated, “Our institutional and retail capital raising teams are now a single Capital Markets Group built for scale, and we are well-positioned to leverage our strategic competitive advantages and present a unified face to investors around the globe.”
This expanded and targeted approach to capital markets and investor coverage will provide Hines with a dynamic pulse on capital flow and continue to translate the firm’s worldwide perspective on what investor partners are looking for into attractive and actionable guidance for our regional business units to inform deal sourcing and vehicle allocation.
“Hines has worked for some of the largest and best global investors. Our goal is to expand our existing relationships and introduce our full-service capabilities and diversified products to new investors as well,” added Falconer.
Falconer and Sitton join a global Capital Markets team, with institutional and retail professionals in 10 cities around the globe.
About Cameron Falconer
Mr. Falconer was promoted to COO/Deputy Head of Capital Markets in 2019 and is responsible for coordinating capital raises for flagship discretionary funds and strategic separate accounts, as well as orchestrating and supporting coverage of important real estate investors globally. Falconer joined Hines in 1997 and has contributed to the development, acquisition, financing, marketing and disposition of more than 15 million square feet of commercial real estate. Before joining Hines, Mr. Falconer acquired diverse experience in design, feasibility analysis, project management and development with a major Canadian pipeline company. He holds a Bachelor of Applied Science, Mechanical Engineering from University of British Columbia and a Master of Business Administration from Stanford University.
About J.D. Sitton
Mr. Sitton joined Hines in October 2019 as Senior Managing Director, Capital Markets–Americas and will lead the firm’s capital raising team in the Americas. Sitton brings nearly 25 years of experience working with institutional real estate investors, both in the U.S. and globally, to his new role at Hines. He spent 15 years with JPMorgan Asset Management, where most recently he served as Head of Real estate Americas Client Strategy. He also served as a member of JPMorgan’s U.S. Real Estate Management team and on the Global Investment Advisory Committee for JPMorgan Asset Management. Previously, he spent two years at Barings Real Estate Advisors and nine years at Equitable Real Estate/Lend Lease. J.D. holds a B.S. in Accounting from George Mason University and is a CFA Charterholder and member of the CFA Institute and the NYSSA.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 219 cities in 23 countries. Hines has approximately $124.3 billion of assets under management, including $63.8 billion for which Hines provides fiduciary investment management services, and $60.5 billion for which Hines provides third-party property-level services. The firm has 148 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,362 properties, totaling over 449 million square feet. The firm’s current property and asset management portfolio includes 514 properties, representing over 222 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world.