News Article | 3/19/2012

Hillwood Hires Industry and Hillwood Veteran L.M. Cummings to Lead Hillwood West

Dallas, TX — Hillwood, a Perot Company, has hired L.M. Cummings as president of Hillwood West, a division of Hillwood that will invest in real estate opportunities with developers, builders, lenders and landowners in the Western United States, primarily in northern and southern California. Hillwood has been active in the California market for more than 25 years, completing more than 30 real estate projects.

Cummings previously led Hillwood West for ten years from 1992 to 2002, and has been in the real estate industry for more than 30 years. He has successfully led more than $1.5 billion in real estate transactions, including residential and industrial land, single-family residential homebuilding, industrial, office, retail, mixed-use, golf courses and resort properties in Texas, California, Hawaii and Costa Rica.

“We would like to welcome L.M. Cummings back to Hillwood and are confident his expertise and leadership will successfully guide Hillwood West as we expand our investment portfolio on the West Coast,” said Ross Perot, Jr., chairman of Hillwood.

Most recently Cummings was co-founder and a partner of Scala Real Estate Partners, LP and provided the sourcing, negotiation and oversight of Scala’s new investments. Prior to Scala, Cummings was co-founder of MSJ Partners, LLC and actively guided the strategic planning of the company’s operations.

Prior to joining Hillwood in 1992, Cummings opened The Staubach Company’s first West Coast office in 1988 in Irvine, California.

Cummings will office in Aliso Viejo, CA and can be reached at 949-916-7173 and [email protected].

About Hillwood

Hillwood, a Perot company, is ranked as one of the top commercial real estate investors and developers in the country and the top residential developer in Dallas-Fort Worth. Since its inception in 1988, Hillwood Communities, the residential division for Hillwood, has built 70 communities throughout the United States and Costa Rica, and has developed more than 22,000 lots.  Currently, the company oversees 34 active communities in 28 cities and seven states. Hillwood’s industrial developments currently house facilities for 58 companies listed on the Fortune 500, Global 500 or Forbes List of Top Private firms. Hillwood is best known for its Alliance brand that includes the 17,000-acre AllianceTexas, 4,474-acre AllianceFlorida at Cecil Commerce Center, and 2,000-acre AllianceCalifornia. For additional information, please visit hillwood.com and hillwoodcomunities.com.