Former Quarterback, Colt McCoy, Starts Commercial Real Estate Branch in Fort Worth for HPI

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Former Quarterback, Colt McCoy, Starts Commercial Real Estate Branch in Fort Worth for HPI

2025-01-07 22:06 Last Updated At：22:32

FORT WORTH, Texas--(BUSINESS WIRE)--Jan 7, 2025--

HPI, a Texas-based full-service real estate firm, announces Colt McCoy, former University of Texas and NFL quarterback, will launch the company’s new Fort Worth office.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107431898/en/

“Everything we do starts with people, and Colt McCoy is the ideal leader,” said Hunter Lee, HPI Partner and Senior Managing Director. “I’ve never met anyone more ‘as advertised’ than Colt – as a person, as a father, and as a man of faith. He’s honest, community-minded, and wants to make an impact in planting the HPI flag in Fort Worth.”

McCoy has been a friend of HPI for years, as his brother, Case, is a partner with HPI’s Tenant Advisory platform.

“HPI is an established, first-class organization with nearly thirty million square feet and almost four decades of success in the Texas real estate market. The team does things the right way, every single time, and that foundation means everything to me and my family,” said McCoy. “I’ve met a lot of great people across the country through football, and now I get to cultivate those relationships in a new way with the support of HPI.”

After a storied college career and 14 years in the NFL, McCoy is excited to finally put down roots. This next chapter is a deliberate step for McCoy professionally and personally.

“It’s really the first time in my life I've been able to choose where I want to live without football dictating my homebase. As a West Texas boy at heart, it feels good to be closer to home. Fort Worth is where the Lord led us. It’s the place I want to raise my kids.”

According to Lee, Fort Worth has always been of interest to HPI but finding the right person who was committed to the community was the priority. While industrial will be the initial focus, HPI has plans to build a full-service platform in Fort Worth, from third-party leasing and management to development and acquisition.

“In order to best serve our clients, we want to leverage the success of our Austin and Dallas offices to build out Fort Worth. These markets complement one another, and we’re excited to stand with Colt as he grows this office,” said Lee.

“In football, you expect to win, and you play to win every week. It will be no different as we build out this team,” said McCoy. “If you look at any good organization or team, it comes down to finding people with common goals, passion, and a shared vision. I’ve always loved playing quarterback, and HPI is letting me do that as we build out the Fort Worth presence. Real estate has no boundaries. I’m excited about this next chapter.”

About HPI: HPI was founded in 1992 with four employees and one million square feet. Today HPI employees over 200 people in Austin, Dallas, Houston, San Antonio and now Fort Worth, serving 900 clients across almost 30 million square feet.

California governor says Pacific Palisades wildfire has destroyed many structures as winds kick up

2025-01-08 11:09 Last Updated At：11:11

LOS ANGELES (AP) — A wildfire whipped up by extreme winds swept through a Los Angeles hillside dotted with celebrity residences Tuesday, burning homes in Pacific Palisades and prompting evacuation orders for tens of thousands. In the frantic haste to get to safety, roadways were clogged and scores of people abandoned their vehicles and fled on foot, some toting suitcases.

The traffic jam on Palisades Drive prevented emergency vehicles from getting through and bulldozers were brought in to push the abandoned cars to the side and create a path, according to the LA Fire Department.

California Gov. Gavin Newsom, who was in Southern California to attend the naming of a national monument by President Joe Biden, made a detour to the canyon to see “firsthand the impact of these swirling winds and the embers,” and he said he found “not a few — many structures already destroyed.”

Officials did not give an exact number of structures damaged or destroyed in the Pacific Palisades wildfire, but they said about 30,000 residents are under evacuation orders and more than 13,000 structures were under threat.

And the worst could be yet to come. The blaze began around 10:30 a.m., shortly after the start of a Santa Ana windstorm that the National Weather service warned could be “life threatening” and the strongest to hit Southern California in more than a decade. The exact cause of the fire was unknown and no injuries had been reported, officials said.

The winds were expected to increase overnight and continue for days, producing isolated gusts that could top 100 mph (160 kph) in mountains and foothills — including in areas that haven’t seen substantial rain in months.

“By no stretch of the imagination are we out of the woods," Newsom warned residents, saying the worst of the winds are expected between 10 p.m. Tuesday and 5 a.m. Wednesday. He declared a state of emergency on Tuesday.

As of Tuesday evening, 28,300 households were without power due to the strong winds, according to the mayor’s office. About 15,000 utility customers in Southern California had their power shut off to reduce the risk of equipment sparking blaze. A half a million customers total were at risk of losing power preemptively.

The fire quickly consumed about 4.6 square miles (11.6 square kilometers) of land in the Pacific Palisades neighborhood in western Los Angeles, sending up a dramatic plume of smoke visible across the city. Residents in Venice Beach, some 6 miles (10 kilometers) away, reported seeing the flames. It was one of several blazes across the area.

Sections of Interstate 10 and the scenic Pacific Coast Highway were closed to all non-essential traffic to aid in evacuation efforts. But other roads were blocked. Some residents jumped out of their vehicles to get out of danger and waited to be picked up.

Resident Kelsey Trainor said the only road in and out of her neighborhood was completely blocked. Ash fell all around them while fires burned on both sides of the road.

“We looked across and the fire had jumped from one side of the road to the other side of the road,” Trainor said. “People were getting out of the cars with their dogs and babies and bags, they were crying and screaming. The road was just blocked, like full-on blocked for an hour.”

An Associated Press video journalist saw a roof and chimney of one home in flames and another residence where the walls were burning. The Pacific Palisades neighborhood, which borders Malibu about 20 miles (32 kilometers) west of downtown LA, includes hillside streets of tightly packed homes along winding roads nestled against the Santa Monica Mountains and stretches down to beaches along the Pacific Ocean.

An AP photographer saw multi-million dollar mansions on fire as helicopters overhead dropped water loads. Roads were clogged in both directions as evacuees fled down toward the Pacific Coast Highway while others begged for rides back up to their homes to rescue pets. Two of the homes on fire were inside exclusive gated communities.

Long-time Palisades resident Will Adams said he immediately went to pick his two kids up from St. Matthews Parish’s school when he heard the fire was nearby. Meanwhile, he said embers flew into his wife's car as she tried to evacuate.

“She vacated her car and left it running,” Adams said. She and many other residents walked down toward the ocean until it was safe.

Adams said he had never witnessed anything like this in the 56 years he’s lived there. He watched as the sky turned brown and then black as homes started burning. He could hear loud popping and bangs “like small explosions,” which he said he believes were the transformers exploding.

“It is crazy, it’s everywhere, in all the nooks and crannies of the Palisades. One home’s safe, the other one’s up in flames,” Adams said.

Actor James Woods posted footage of flames burning through bushes and past palm trees on a hill near his home. The towering orange flames billowed among the landscaped yards between the homes.

“Standing in my driveway, getting ready to evacuate,” Woods said in the short video on X.

Actor Steve Guttenberg, who lives in the Pacific Palisades, urged people who abandoned their cars to leave their keys behind so they could be moved to make way for fire trucks.

“This is not a parking lot,” Guttenberg told KTLA. “I have friends up there and they can’t evacuate. … I’m walking up there as far as I can moving cars.”

The erratic weather caused Biden to cancel plans to travel to inland Riverside County, where he was to announce the establishment of two new national monuments in the state. He remained in Los Angeles, where smoke was visible from his hotel, and was briefed on the wildfires. The Federal Emergency Management Agency approved a grant to help reimburse California for the firefighting cost.

Some trees and vegetation on the grounds of the Getty Villa were burned by late Tuesday, but staff and the museum collection remain safe, Getty President Katherine Fleming said in a statement. The museum located on the eastern end of the Pacific Palisades is a separate campus of the world-famous Getty Museum that focuses on the art and culture of ancient Greece and Rome.

Film studios canceled two movie premieres due to the fire and windy weather, and the Los Angeles Unified School District said it temporarily relocated students from three campuses in the Pacific Palisades area.

Recent dry winds, including the notorious Santa Anas, have contributed to warmer-than-average temperatures in Southern California, where there’s been very little rain so far this season. Southern California hasn’t seen more than 0.1 inches (0.25 centimeters) of rain since early May.

Watson reported from San Diego and Har from San Francisco. Associated Press writers Christopher Weber and video journalist Eugene Garcia in Los Angeles contributed to this report.