With over a century of combined multifamily development experience, we have a comprehensive understanding of local supply-and-demand dynamics, site analysis, entitlement procurement, cost analysis, building design, and executing asset dispositions. To date, we have developed over 12,000 multifamily units, totaling over 12MM square feet of living space. We target high-growth markets and markets with pro-business environments to achieve high leveraged-returns for our clients.
Tim Shaughnessy joined HPI to grow its residential platform through the launching of HPI Multifamily. As President of HPI Multifamily, he is focused on sourcing ground up multifamily development opportunities, primarily in major Texas metros, as well as managing all aspects of development, financing, and asset management for HPI’s multifamily division. Prior to HPI, Tim served as Managing Director at Oden Hughes where he supervised a team on all aspects of development including site selection, entitlements, underwriting, design, construction management, and asset management. At Oden Hughes, he successfully led the development of over 4,000 units across Texas and contributed to the development and asset management of properties valued at more than $1 billion. He is a member of RECA, ULI, and the Cornell Real Estate Council. Tim earned his Master’s of Real Estate from Cornell University, and earned his Bachelor’s in Economics & Urban Planning from the University of Pittsburgh. He enjoys sailing, hunting, fishing, and hiking in the Hill Country.
Austin , Texas 78746
What our clients say
“Greystar is the largest multifamily property manager in the United States. We have leased-up and managed new communities across the nation for a variety of world class developers. We can safely say that HPI has one of the best apartment development teams that we have had the pleasure to work with. This comes as no surprise considering the experience and work ethic of HPI’s senior leadership.”
“We have enjoyed a long and successful relationship with HPI Residential. Together, we have developed a unique, trusting relationship which stimulates creative and thoughtful design solutions. The collaboration of our combined companies’ creative, technical and construction expertise, along with our mutual passion to bring the best product to the marketplace, has made CBA’s relationship with HPI one of the proudest in our 39 year history.”