Michaels Welcomes New Vice President of Development

Michaels Welcomes New Vice President Of Development

The Michaels Organization is pleased to announce the addition of a new Vice President to our affordable Development team – James (Jimmy) Hancock.

As Vice President of Development, Jimmy will focus on all aspects of the development cycle including site acquisition, community outreach, underwriting, and negotiations in addition to design and construction management in the Southeast region of Michaels’ portfolio.

Prior to joining Michaels, Jimmy served as Executive Vice President at Encore Capital Management where he was responsible for managing assets for all fund-level investments and managing the day-to-day operations for all the apartments and mixed-use developments. While at Encore, his team successfully raised $462 million in equity and acquired 24 assets valued at more than $900 million.

Previously, Jimmy served as Vice President of Acquisitions and Development for Two Roads Development where he managed construction budgets and cash flow projections for all development projects and the parent company. Prior to this, Jimmy worked as an Associate at Nicklaus Companies, the world’s leading golf course design and real estate company, where he served as a liaison between developers, landowners, financial institutions, and Nicklaus Design in order to communicate pertinent information regarding design and branding benefits, development of construction and financial models, and partnerships.

Jimmy holds two Bachelor of Science degrees in Finance and Marketing from Tulane University. He will be based in West Palm Beach, Florida.

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Michaels Welcomes New Vice President Of Development