1968-1986

Genstar Land Company USA led by Bob McLeod, Newland founder

Genstar Land Company USA Led by Bob McLeod, founder of Newland Newland's predecessor company was Genstar Land Company (USA), the US property division of Genstar Corporation. Newland's founder Bob McLeod joined Genstar Land Company as President, Southwest Development. He was soon promoted to Chief Executive Officer responsible for all residential and commercial development including oversight of University City, San Diego, a 1,100-acre mixed-use urban community with over 3,600,000 sf of retail, office and industrial.

1987-1993

Genstar USA forms The Newland Group

Genstar USA forms The Newland Group Genstar Corporation was acquired and the US property division put up for sale. The management of Genstar's US division formed The Newland Group and entered into partnership with American General Realty Investment Corporation and acquired Genstar's US Land assets, which included 19 real estate projects in five states.

1994

Newland, the first and largest land development advisor to CalPERS

Newland becomes the first and largest land development advisor to CalPERS The partnership between The Newland Group and American General was dissolved, and Newland's principals formed Newland Associates and Newland Capital Advisors, becoming the sole land development advisor to the California Public Employees Retirement Systems (CalPERS) on its residential acquisition and development program.

1995-1998

Newland invests CalPERS funds in California real estate

Newland invests CalPERS funds in California real estate Newland received a significant allocation from CalPERS for residential acquisiton and development. This capital was invested in five California mixed-use developments.

1999

Hunt Realty Investments partners with Newland

Hunt Realty Investments partners with Newland Hunt Realty Investments of Dallas (a Hunt Consolidated subsidiary, and the centralized real estate management resource for the Hunt enterprise) acquired an interest in Newland and the new partners created American Newland Communities (ANC). CalPERS and ANC formed a direct partnership, Newland Communities, and received another capital allocation from CalPERS for residential acquisition and development.

2000-2002

Newland acquires Genstar Land Company

Newland acquires Genstar Land Company With CalPERS, Newland purchased Genstar Land Company, consisting of 34 land development projects in seven states.

2003

Newland acquires Terrabrook

Newland acquires Terrabrook Newland acquired 21 community developments from Terrabrook, a Dallas-based land development subsidiary of Westbrook Partners. This acquisition doubled Newland's size and added 150 team members.

2005

City of Las Vegas chooses Newland as development partner

City of Las Vegas chooses Newland as development partner Newland was chosen by the City of Las Vegas as project manager of Symphony Park, a 61-acre mixed-use urban development in the heart of downtown Las Vegas. Newland's agreement with the City included the opportunity to acquire the urban residential parcels within Symphony Park.

2006

Hundreds of millions raised in equity

Hundreds of millions raised in equity for real estate acquisitions and investment Newland raised several hundred million dollars in equity for investments in existing projects and major new acquisitions in the Eastern US.

2007-2008

Two green-built mixed-use developments open

Two green-built mixed-use developments open With a focus on sustainable development, Newland opened Briar Chapel, a 1,589 mixed-use residential community in Chapel Hill, NC. Also, construction began at Symphony Park with the iconic Frank Gehry-designed Cleveland Clinic Lou Ruvo Center for Brain Health. Symphony Park was awarded LEED® for Neighborhood Development Gold Stage 2 certification by the US Green Building Council.

2009

Three real estate projects on list of top-selling US communities

Three real estate projects on list of top-selling US communities Newland had three communities, all located in Houston, Texas, on RCLCO's annual list of top-selling US planned communities and was the only company on the list reporting year-over-year positive sales gains. RCLCO is a leading independent real estate advisory firm.

2010

Newland has the #1 selling community in the US

Cinco Ranch: #1 selling planned community in the US in 2009; Telfair #4
Newland's Cinco Ranch is rated the #1 best-selling community in the nation and Telfair is #4 according to RCLCO's list of top-selling US master-planned communities for 2009. Five Newland communities were in the top 15 best-selling in the nation, and Newland was the only developer with two communities in the top ten that posted year-over-year sales growth.

HISTORY AND EXPERIENCE

Newland has been in operation for more than 40 years and has an unparalleled reputation for integrity, innovation and vision with its peers and customers. The company's experience includes mixed-use development, investment, asset management, and a diverse array of real estate advisory services.

 

A true operator - not an asset allocator or financial engineer - Newland's active operating teams across the US include experienced professionals in finance, entitlement, planning and engineering, construction, marketing and sales. Newland has a demonstrated ability to create real value through all cycles and stages of a project, whether its own, or on behalf of a client, partner or investor.

Newland's portfolio of projects both completed and under development includes:
  • More than 140 diverse real estate developments
  • In excess of 20 million square feet of commercial and retail
  • Over 175,000 residential units sold to builders