HHHunt, the residential real estate company behind the Spring Arbor Senior Living brand, has a new face in the C-suite. Todd Kobayashi joined the company Thursday as the company’s new CFO.
Kobayashi—who has more than a decade of experience financing and developing multifamily, senior housing and student housing properties—will succeed current HHHunt CFO James Crowder once he retires on Dec. 31, the company announced. Kobayashi will work alongside Crowder for the rest of this year to ensure a smooth transition.
In his new role, Kobayashi will look after financing for all HHHunt communities, and will work with all of the company’s divisions to ensure debt and equity are available for new investments. Previously, Kobayashi worked as the CFO of Kansas City-based Foutch Architecture & Development.
“I’m excited to join a company with such a strong vision, culture and management team,” stated Kobayashi in a press release. “I look forward to building on the great foundation and reputation of HHHunt and supporting the company’s brand promises and values.”
Currently, HHHunt owns and operates 21 Spring Arbor Senior Living communities in Maryland, Virginia, and North Carolina, with five more also under development in Maryland and Virginia.
The communities under development will be able to serve 415 residents, and represents an investment of more than $136 million, according to Buck Hunt, HHHunt’s vice chairman and CEO.
“HHHunt’s strategy is for controlled, strategic growth with a few groundbreakings per year on new communities in the right markets,” he told Senior Housing News in an email.
HHHunt was founded in 1966 and develops a variety of real estate in addition to senior living, including apartments and single-family homes.
Written by Tim Regan