Howard Hughes (HHC) Appoints Paul Layne as Master Planned Communities EVP

April 25, 2012 8:39 AM EDT
The Howard Hughes Corporation (NYSE: HHC) today announced Paul Layne will join the company as Executive Vice President, Master Planned Communities effective April 30, 2012. Mr. Layne will report to Grant Herlitz, President of The Howard Hughes Corporation, and will be based in Houston near both The Woodlands and Bridgeland. For over 30 years Mr. Layne has been a vital leader in Houston’s commercial real estate community as well as in national and international real estate.

Most recently, Mr. Layne was Executive Vice President at Brookfield Properties Corporation leading the financial performance of a 9.7 million square foot portfolio in the Houston Central Business District. He was responsible for all of the region’s activities including leasing, operations, property management, legal, accounting, development and construction, as well as Brookfield’s global partnership task force. Prior to Brookfield, Mr. Layne was President of Cullen Center and Executive Vice President at Trizec Properties, which was acquired by Brookfield in 2006. Mr. Layne was responsible for 20 million square feet of space in the Southwest and California markets, leading over 300 employees. At Trizec Mr. Layne was also involved with the acquisitions of key assets including the Sears Tower in Chicago, Metropolitan Square in St. Louis, Allen Center Complex in Houston and Bank of America in Los Angeles. He began his career at The Horne Company and later spent five years as a Vice President at Prime Asset Management.


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