HIGHLAND DEVELOPMENT COMPANY ANNOUNCES NEW DEVELOPMENT PARTNER TO EXPAND STRATEGIC GROWTH

Denver, January 12, 2021

Highland Development Company (HDC) announced today that Clay Iman will be the development company’s new Development Partner. Clay will be tasked with sourcing and executing consistent, targeted for-rent and for-sale multifamily residential and mixed-use real estate development opportunities. “As Development Partner at HDC, my vision is to find new investment opportunities to add to our portfolio that will bring value by, among other things, creating a sense of community and bringing people together,” states Clay.

Clay is an entrepreneur at heart; he is enthusiastic, driven, and passionate about development in Colorado and beyond. Clay adds, “I’m excited to join the Highland Development team for myriad reasons, including having the ability to build on the success of what’s already a strong creative and entrepreneurial culture at HDC and the company’s continued prospects for growth. I am passionate about thoughtful real estate development and building strong teams and a culture that supports collaboration, mentorship, and ingenuity.” He is looking forward to joining such a smart, principled team of professionals that ardently adheres to its core values and to advancing HDC’s strategic vision.

Prior to joining HDC, Clay Iman was the Managing Director for Wood Partners’ operations based in the Denver and Chicago offices, overseeing development in Colorado, Illinois, and Utah. Prior to joining Wood Partners, he held various roles in acquisitions, private equity, and investment banking. Clay graduated with highest honors from the University of Colorado at Boulder with a B.S. in finance and performed juris doctorate coursework at the University of Denver Sturm College of Law.

Clay describes himself as a big family person. He and his wife Jill live in Denver, where they are raising their daughter Mae. They enjoy the outdoors, sports, reading, and traveling.