Gregory R. Hillgren

Independent Director, President, CALVEST Realty Advisors

 

As President of CALVEST, Greg Hillgren provides an extensive background in real estate acquisition, development, financing, marketing, and management of investment-grade residential, commercial, and mixed-use projects throughout California. Under his leadership, CALVEST has successfully acquired, entitled and/or developed approximately $500 million of investment grade assets including 600,000 square feet of office space, 850 apartment units, 2,150 single family lots and approximately 650 single family homes. Since its inception in 1993, the investment portfolio has performed well, generating an IRR above 30%.

Prior to CALVEST, Mr. Hillgren was associated with Tooley & Company where he was responsible for directing all development, leasing, and management activities for the firm’s Orange County operations, which as the lead developer for the Irvine Office Company, encompassed more than 3 million square feet of commercial and office space. Mr. Hillgren previously held senior positions with two successful development and investment companies where he was responsible for directing the design, development, construction management, financing, marketing and management of the firms’ projects and investment properties, as well as for overall operations. Combined, these projects encompassed approximately 1.3 million square feet of commercial space and 2,100 residential units, with a basis of approximately $510 million.

In addition to a highly successful record in acquisitions and development, he has provided executive leadership and overseen several complex property repositionings during the past 28 years. He provides CALVEST with the dual experience and perspectives of the lender/financial partner as well as the developer in sophisticated real estate transactions. He has also served twice as an officer and once as a director of publicly traded California financial institutions, and is also the Managing Partner of Hillgren Holdings, LLC, a privately held investment firm centered on California real estate opportunities.

Greg also focuses his resources on community and philanthropic efforts, serving on the boards of several organizations in the Southern California area. He currently serves as a distinguished member of the Board of Leaders for the USC Marshall School of Business, has served two years as Chairman of the Rancho Santa Fe Foundation, and previously completed two terms as President of the Rancho Santa Fe Golf Club. Mr. Hillgren holds a BA and MBA from USC, and lives with his family in Rancho Santa Fe, California.
 

  Board of Directors