The Lionstone Group, a private real estate investment firm and land acquirer in Houston, has hired Jim Hime as a principal and as investment director for its US land acquisition strategy.
Hime was formerly an officer with Hines real estate investment firm, where he participated in the creation and management of several investment funds. Before this he worked as a partner with Baker Botts law firm, where he practiced tax and real estate law for 19 years. He is also the author of two novels, “The Night of the Dance” and “Scared Money.”
Lionstone’s strategy to invest in the US land market involves investing in large infill land tracts with issues that have prevented other potential buyers from purchasing them. Formed in 2001 by partners Tom Bacon, Dan Dubrowski, and Glenn Lowenstein, the firm now owns properties throughout the United States. Bacon and Dubrovski first met Himes when they principals at Zethus, an internet real estate venture where Himes served as CEO.