There was a tad of what Laura said of both pride and maybe a tad of arrogance that you all were building the very, very best buildings there were, so why would you buy anybody else's? position: relative; [1][2], .votebox { font-size: 2em; padding-left: 10px; If I took Walker & Dunlop to, to Warsaw tomorrow Id have to go find some great, you know, local Polish bankers and hire him or her, and Im kind of off to the races. While economic growth is important, it is not an end in itselfwe must ensure that the economy works for the people of our country and not the other way around. Jeff, I mentioned in your bio that you have dramatically scaled the business. margin-bottom: .75em; Hines was in the process of entering China as a business, and in the 90s China was a very different world. Willy Walker: We will be back next week with another Walker Webcast. background-color: green; We are certainly very proud of our history, but that's one of the ways we're serving investors, in addition to some of the others. display: table; .mw-body #mw-content-text .votebox .race_header h5.votebox-header-election-type { And so, because of our vertical integration, many investors really want to invest more with investment managers like us, that also is due to timing, but are adding value at the real estate level. Before mounting his 2022 campaign, Hines worked. } .mw-content-ltr td.votebox-results-cell--text, position: absolute; display: block; And Willy, you called us a global real estate developer. } Willy Walker: Does that present an opportunity for a firm of your size? Thats pretty satisfying. Since 2017, she has worked in the Office of the Chief Investment Officer, focused on several firm-wide initiatives that have helped to refine investment strategy and acquisition efforts. Hines is a global real estate development firm founded in 1957 by Gerald Hines. }. Bo Hines has been active from a very early age. Bo Hines, a 27-year-old Republican candidate for the US House of Representatives. So, this next year we're going to have more underway in the living sector than we do in the office sector. That's what you need to become, so, he became an engineer. .leg-hnt-flex-row { I am a passionate and driven individual who is always looking to learn something new. Hines, married to his wife Mary Charles since July 2021, earned an undergraduate degree from Yale and a law degree from Wake Forest University. We must reclaim the right to speak openly and honestly with one another so that we can ensure our Democracy flourishes. column-rule: 1px solid #aaa; div.oneoff-scrollbox.regular { height:400px; overflow:scroll; margin:20px; padding:10px; border:1px solid gray; } Hines, the Republican nominee for North Carolina's 13 th Congressional District, recently proposed local tribunals to determine whether a woman or girl is eligible for an abortion. Jeff Hines: Thanks Willy. "I know in my household, my wife and I can't afford to give up one month's salary. Even after retiring, Robert has maintained a good physique. ", Burgess also criticized Hines' opponent, state Sen. Wiley Nickel, a Democrat, as wealthy and out of touch with "what North Carolina families are crying out for," because of his support for President Joe Biden's "failed economic agenda. padding: 2px; Was the location a location that was improving or getting worse with time? letter-spacing: .04em; Founded in 1957 by Gerald Hines, Hines is a global real estate development and asset management firm. I grew up in a family of entrepreneurs. We're almost Japanese in decision-making style, everything is consensus driven. a.communitylink { color:black; font-weight:bold; } Melody company and formed a partnership and friendship between the Hines and Melody families that endures today. .key-messages li:last-child { margin-bottom: 0px;} Or your family was building a huge iconic building in a city where you got to meet someone special that was sort of a unique experience that you remember back to? It has a presence in 225 cities, in 25 countries and $144 billion of assets under management. width: 90%; z-index:1; .votebox-results-metadata { event.srcElement.innerText = '[show]'; I am a blogger who writes on various topics. What are you seeing from a when we look forward, what do you think's really going to change the landscape from a kind of a prop tech standpoint? There were no incumbents in this race. "Bo Hines is trying to mislead voters by distorting Wiley's record as a defense attorney, which is ironic, considering Bo Hines understands very well what a defense attorney does because he's dealt with multiple criminal charges himself," May said in a statement. .infobox p { What did you learn during the transition from your dad to you that you'll either repeat or not repeat as it relates to your own children? North Carolina's 13th Congressional District. To fight to invest in our infrastructure and negotiate quality affordable healthcare. He received a scholarship to play football. U.S. Congress | Willy Walker: And on that, you met and still work with all of these incredible architects. Willy then jumps right in asking Jeff about how he was able to grow and expand Hines over the years since his fathers founding of the company. That's one of the secrets. And you built all these iconic buildings and just the volume that you all developed during that period of time is truly staggering. You know my dad mentioned it, but that was his background, you know by training and he absolutely brought that to the table and was very focused on how do we get to real efficiency out of these buildings? As cyclical as real estate is our number of people employed by Hines is not cyclical. }
float:right; Axios' Lachlan Markay first noted Hines' financial situation, which includes no reported bank account or earned income and compensation, and zero loans or liabilities. width: 350px; } ", The race between Hines and Nickel is highly competitive. [10] He earned the endorsement of former President Donald Trump on March 14th, calling Hines a fighter for Conservative values.[12], In April 2022, local Republicans campaigned against Hines through newspaper advertisements, email blasts and door-knocking because Hines did not live in the district in which he was running. font-size: 12px; box-sizing: border-box; My final comment before introducing Jeff and Laura. Please, North Carolina's 13th Congressional District, North Carolina's 13th Congressional District election, 2022, https://ballotpedia.org/wiki/index.php?title=Bo_Hines&oldid=9015177, Conflicts in school board elections, 2021-2022, Special Congressional elections (2023-2024), 2022 Congressional Competitiveness Report, State Executive Competitiveness Report, 2022, State Legislative Competitiveness Report, 2022, Partisanship in 2022 United States local elections. To me, that is some of the next step of how you take technology that is the building access technology, and technology around security, and technology around all the different types of technology that are being created out there and start to weave them together in an actual useful way. What are the main points you want voters to remember about your goals for your time in office? Laura went to Duke and also has an MBA from Harvard Business School. background-color: #db0000; [16][17][18], In May 2022, Business Insider reported that Hines was funding the majority of his campaign with a trust fund. Willy Walker: Laura I just heard your Dad use the phrase beds and sheds which I have not heard before and Im going to use it from here on out, I just love it. One of the main themes that Jeff and Laura return to throughout todays episode is the importance of the company culture at Hines. .widget-row.heading { And Id say again, the answer is probably several fold, and one big driver, and this is also sort of a driver for us making a big international push. document.getElementById('leg-hnt-content63c7f5154b2bc').classList.add('leg-hnt-hide'); He used to play for the Detroit Lions of the National Football League and the Hamilton Tiger-Cats of the Canadian Football League. color:white; We're not some partisan political dynasty. His star sign is Libra. .contact_office { margin-top: 0.3em; margin-bottom: 0em;margin-right: 0.5em;} But his footballing career at Yale University was not that bright because of the injuries. Years of bitter partisanship have torn us apart and has distracted us from what we all want. What areas of public policy are you personally passionate about? They weren't building office buildings, like the Lipstick building, which was your first development in New York, which Philip Johnson designed. Cities | } If you believe in North Carolina like the Hines do, support Bo Hines for Congress in NC-13 district this November 2022. }, See also:North Carolina's 13th Congressional District election, 2022, North Carolina's 13th Congressional District election, 2022 (May 17 Democratic primary), North Carolina's 13th Congressional District election, 2022 (May 17 Republican primary). Laura Hines-Pierce: Sure, I think a lot of it originally stems from my grandfather's background as a mechanical engineer. By definition it was inferior. event.srcElement.innerText = '[hide]'; After getting some experience, in 2021, he announced that he will run as a Republican for the United States House of Representatives in North Carolinas 5th congressional district, held by Republican Virginia Foxx. Name *Email Address *SubscribePlease do not fill in this field. It has a presence in 225 cities, in 25 countries and $144 billion of assets under management. An America-First Economy background-color: #f4f4f4; "Throughout his entire life, Bo's summers have been spent on this farm and it has helped shape his work ethic and appreciation for what our farmers face on a daily basis," he said. Laura Hines-Pierce: Its a great question and I think you know as Dad said, I think a lot of things have been accelerated and made clear and are coming to relief, if you will, through COVID. We started our first fund in the mid- 90s, really, because we were doing emerging markets, real estate development in emerging markets, and it was very difficult for one investor to plunk down a big bet in one project in China, it really became necessary to raise a fund so that investors could diversify their risk across many countries and many projects in order to get that done. let scrollHeight = jQuery('.results_table_container').get(index).scrollHeight; While members of different parties may disagree on how we reach these objectives, we can never forget that these are the ultimate goals were fighting for. Because there's an economic value, right? Jeffs vision for Hines is to, be the best real estate investor, partner, and manager in the world.. This is our 51st Walker Webcast and it was a year ago today that we started this series. } But to do that organically is, which we think is the right way, the only way you can sort of maintain that culture, which is really the glue that holds everything together. .widget-row.Republican { We have an executive committee, which is the top 17 people in our firm that it really acts as our board of directors, more than a board of directors. Bo Hines completed Ballotpedia's Candidate Connection survey in 2021. } Before I joined Walker & Dunlop, I spent my entire previous career outside of the United States in Latin America and in Europe and I have some pretty good sense of how difficult it is to get things done in a foreign country, with a foreign culture, in many instances with a foreign language, for entitlement, etc., etc. Im a gun owner and I will always fight to defend the second amendment. 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