Already loaded with some of the best of the best when it comes to industry leaders, CEM’s fall forum welcomes the addition of Humberto Lopez of HSL Properties, Inc. to the panel of distinguished speakers at its Sept. 17 Fall Forum at the Arizona Biltmore Hotel in Phoenix.
Lopez formed HSL Properties in 1975 with Glenn Toyoshima. Since its inception, the Company and its controlled affiliates have acquired, owned, operated and developed properties located in Arizona, California, New Mexico, Texas, Georgia and Colorado. Although focused in the apartment industry, other investments include 900 hotel rooms, over 750,000 square feet of office buildings, 400,000 square feet of retail space including a 300,000-square-foot shopping mall in Atlanta a golf course, several thousand acres of individual and master planned land tracts as well as a bank holding company, a national catalog sales company, a contact lens manufacturer and a multi-brand luxury car dealership in California.
As the Company’s core business, HSL Properties currently owns and operates over 7,400 apartment units in 28 apartment communities and has become the single largest apartment owner in southern Arizona. It is a portfolio that June 24 added the $53 million ($128,019 per unit) purchase of The Station on Central, a 414-unit apartment complex at 4140 N. Central Ave. in Phoenix.
HSL Properties was originated with the concept of creating value for its investors by providing excellent service to its residents while controlling operating costs.
Lopez replaces Andrew Cohen on the panel.