Hugo F. Aviles
Co-founder and President/Chief Executive Officer of JH Real Estate Partners, Inc.
Mr. Aviles has been actively involved in both multifamily and commercial real estate for 25 years. Under his leadership, JHREP has provided impressive returns to his investors based on the ability to identify, acquire, underwrite and manage under-valued investments during any economic cycle. He believes in a hands-on approach to property and investment management to ensure that each investment will meet its business plan and budgeted goals.
Mr. Aviles founded JH Properties, Inc., the predecessor company to JHREP, in 1989. Mr. Aviles quickly found his niche specializing in the acquisition, disposition and property management of distressed apartment properties during the real estate downturn of 1990 through 1995. From 1989 to 1995, Mr. Aviles acquired, disposed of and restructured, in excess of $300 million in troubled and over-encumbered multifamily properties owned by developers, savings and loans, banks, thrifts and asset management companies, including the Resolution Trust Corporation (RTC).
Prior to founding and forming JH Properties, Inc., Mr. Aviles was recruited by the Colich Family Trust in 1985-1986 to create and form South Bay Realty as well as then to operate and acquire multifamily investments through South Bay Realty/Wesco Development. While with the Colich Family, Mr. Aviles excelled in acquiring, managing and disposing of approximately 2,200 apartment units in Southern California.
Mr. Aviles completed his business education at the University of Southern California in 1985 where he studied real estate finance, investments and taxation. In 1984, while attending USC, Mr. Aviles was recruited by his real estate finance professor and mentor, Dr. Donald Valachi, to join his boutique investment real estate and consulting firm, Valachi and Rosenthal.
Mr. Aviles is a member of the Urban Land Institute, the National Multi Housing Council and the International Council of Shopping Centers.
