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It's a conservative approach that is ...
It's a conservative approach that is the hallmark of David Hill, Cordillera Ranch's founder.
Hill built an enormously successful development company in the 1980s by focusing on low-leverage opportunities.
David's son, Charlie, now serves as chief financial officer at DH Investments and says his father learned to capitalize on the inevitable downturns in the market.
But when the landowners suggested they were going ahead regardless, Hill
reluctantly agreed to enter into a partnership.
Shovels hit dirt in 1997, and right from the beginning the project was different.
A development entity was formed, with the Hill family's DH Investment firm taking 50 percent and the original landowners the other 50 percent.
True to his
fiscal nature, David Hill
negotiated the deal without accruing any debt.
Charlie says this was essential to the viability of Cordillera Ranch
"A deal this size is going to ultimately be a 25- or 30-year development, and it's just not going to survive with any bank debt on it."
Without the pressure to achieve minimum revenues, the project was free to grow as the market demanded rather than what bankers wanted.
"We structured the agreement so that we acquire the land in small chunks from the landowner on a seller's note, which is then paid off when we sell lots," Hill
sales agents are encouraged to use this debt-free factoid in their pitches.
"I bet at least half of all prospects ask about our debt load," he
Burrow Global Making Organizational Changes in Preparation for Significant Growth
Dave Hill, President, Burrow Global Services
Mr. Hill brings with him 30 years of engineering and construction experience in operations and marketing.
His primary objective is to ensure seamless operations between the Burrow Global engineering offices.
A benefit to Burrow's rapid growth and evolving corporate culture, Mr. Hill's background includes managing similar rapid growth patterns and objectives in his previous positions.
Falcon Heights United Church of Christ - Staff and leaders
Dave Hill, Assistant Treasurer
Johnson Ranch | Bulverde, Texas || Developer
DHI was established in 1983 by Tom Darmstadter Sr. and David Hill.
David Hill, President and Charlie Hill and Mike Schoenfeld, both Vice Presidents, all of DH Investment Company are the primary development team leaders.
David and Mike both have over 35 years of experience in the real estate development industry.
provides overall project direction and development strategy and participates in major entitlement negotiations.
Contact Information - Cordillera Ranch
David Hill - President, Cordillera Ranch Development Corp.