Howard Hughes Holdings Inc. announced the appointment of real estate industry veteran Jose Bustamante ’96 as President of the Nevada Region, where he will lead the acclaimed 22,500-acre Howard Hughes community of Summerlin in Las Vegas.
Ranked one of the best places to live in the country, Summerlin is a top-selling community nationwide with nearly 127,000 residents and approximately 5,000 acres remaining to accommodate future growth. Bustamante will assume his leadership position at Summerlin beginning December 1, 2024.
Bustamante has two decades of experience and a track record of leading and growing high-performing real estate organizations in the investment and development of large-scale commercial and mixed-use communities. His career includes real estate projects and transactions totaling seven million square feet of buildings and 700 acres of land valued at $5 billion.
“Jose’s extensive leadership experience spanning a broad spectrum of real estate development—including strategy and planning, capital markets, entitlements, construction, and asset management—distinguishes him in the industry,” said David O’Reilly, Chief Executive Officer of Howard Hughes. “Jose will be an invaluable leader on the Howard Hughes team as Summerlin continues its upward trajectory of successful residential and commercial growth well into the future.”
Bustamante most recently served as Senior Vice President and Partner at Lincoln Property Company, driving the master planning, development, and stabilization of multifamily, office, life science, and retail properties across Northern California. Previously, he served as Vice President of Development & Acquisitions at the Irvine Company, where he oversaw 3.4 million square feet of office and R&D projects. Earlier, he served as Vice President of Development at Hunt Companies after starting his real estate career as a top-producing broker for CBRE in San Francisco.
Now in its 34th year of development, Summerlin is located nine miles from the Las Vegas Strip and adjacent to the Red Rock Canyon National Conservation Area. The community includes thousands of acres dedicated to more than 300 parks, 200-plus miles of trailways, and open spaces. Summerlin offers more amenities than any other community in Nevada, including the community’s walkable urban core of Downtown Summerlin.
“I am excited to join Howard Hughes and grateful for the opportunity to collaborate alongside our innovative and talented team to advance the positive momentum that has made Summerlin one of our country’s premier communities,” Bustamante said.The vibrant commercial hub, abundant amenities, and exceptional quality of life within this picturesque natural setting is unmatched throughout the Las Vegas valley.”
Before entering the real estate industry in 2005, Bustamante honorably served as a United States Army Military Intelligence Officer, leading mission-critical operations around the world. He earned a Bachelor of Science in Law & Legal Studies from the United States Military Academy at West Point and a Master of Science in Real Estate Development from Columbia University in New York.
