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HIC Land names Victor Padilla co-CEO to formalize leadership shift
The South Carolina land banking and development firm said it has $300 million invested and 48,000 lots under development or control across eight states.
HousingWire reports that HIC Land appointed Victor Padilla as co-CEO alongside founder Stefan Hoyer, formalizing a leadership transition as the company looks to the next phase of growth.
The firm operates in eight states in the Southeast, with $300 million invested and 48,000 lots under development, owned or under control.
HousingWire also reports that Padilla, Hoyer’s first hire at the company, has been with HIC Land for more than a decade and most recently served as director of operations before expanding into responsibilities including acquisitions, dispositions, financing, personnel management, and other day-to-day duties.