The transition reflects a succession strategy ensuring continuity, stability, and ongoing development across the Southwest.

SCOTTSDALE, Ariz. (Sept. 16, 2026) — Harvard Investments today announced a planned leadership transition that reflects the company’s long-term commitment to thoughtful succession, organizational stability, and continued growth. Tim Brislin today assumed the role of Chief Executive Officer and President; Craig Krumwiede, who has led the company as CEO and President since 1994, transitions to Executive Chairman.

As CEO and President, Brislin leads the company’s operations, investment activities, and development initiatives throughout the Southwestern U.S. As Executive Chairman, Krumwiede remains actively involved in shaping the company’s long-term vision, mentoring its leadership team, and providing strategic guidance on major initiatives and opportunities.

“This transition is the result of an intentional process that has been years in the making,” Krumwiede said. “I had the privilege of working alongside Tim for nearly two decades and watched him develop into an exceptional leader. He understands our culture, our passion for placemaking, and our responsibility to the communities we serve. I have complete confidence in his ability to lead Harvard Investments into its next chapter while remaining true to the values that have defined this company for generations.”

Krumwiede also expressed his gratitude to the Hill family, owners of Harvard Investments through the Hill Companies, for their support throughout his tenure. He credited their long-term vision, trust, and commitment to the organization as instrumental to Harvard’s growth and success.

“One of the greatest privileges of my career has been the opportunity to work alongside the Hill family. I had the honor of working with three generations of Hill leaders.  Throughout that time, they have consistently demonstrated their commitment to Harvard Investments, its people, and its mission. I am deeply grateful for those relationships and confident that their stewardship and support will continue to serve Harvard well for generations to come,” Krumwiede said.

Brislin joined Harvard in 2007 and was promoted to President in 2023. During his tenure, he oversaw acquisitions, development strategy, funding, entitlements, construction, and growth initiatives across the company’s expanding portfolio.

Brislin played a key leadership role in the development of Harvard’s master-planned communities throughout Arizona, Texas, and New Mexico, the launch and growth of the company’s FirstStreet build-to-rent platform, and numerous strategic acquisitions. Most recently, he helped guide project teams in major master plans including Estrella and Solstice Foothills in Goodyear, Arizona.

“It is an incredible honor to assume the role of CEO of Harvard Investments. Much of what I know about leadership, vision, and stewardship comes from learning alongside Craig and Senior Vice President Chris Cacheris, and the exceptional team we built together. Harvard Investments is about more than real estate,” Brislin said. “We create places where families thrive, businesses grow, and communities endure.”

Brislin’s real estate career spans over 25 years, including nearly 20 with Harvard Investments. He is active in numerous industry and community organizations, including the Urban Land Institute, Valley Partnership as a Board Member and former Chair, Pinal Partnership, the National Association of Home Builders, the American Heart Association, and the Luke Air Force Base Honorary Commanders Program.

Krumwiede’s legacy at the firm spans more than four decades and includes overseeing the company’s transformation into one of the Southwest’s most respected real estate investment and development organizations. He has guided the company through multiple economic cycles while establishing a culture focused on long-term value creation, responsible development, and community building.

“What has always made Harvard special is our belief that great development begins with unique places and exceptional people,” Krumwiede said. “We don’t measure success by short-term results. We focus on creating enduring value for residents, businesses, partners, and communities. Looking back, I am incredibly proud of what our team has accomplished, and looking ahead, I am even more excited about what the next generation of leadership will achieve.”

Widely respected throughout the local and national industry, Krumwiede serves as an Urban Land Institute Governor, a mentor to emerging industry leaders, and a dedicated supporter of the Arizona State University’s W. P. Carey School of Business. Krumwiede is deeply involved in numerous civic and philanthropic organizations, including the C4 Foundation, which provides resources and support uniquely tailored to active-duty Navy SEALs and their families.

Krumwiede also played a leading role in advancing Arizona’s recently enacted “Ag to Urban” groundwater legislation, SB 1611, which established a framework for converting agricultural land to residential development while conserving water resources.

“I look forward to focusing on the long-term strategy of the company, supporting our leadership team, and advancing initiatives that strengthen Harvard, our industry, and the communities we serve,” Krumwiede added. “Arizona and the Southwest have provided tremendous opportunities for our company and our families over the years, and I remain deeply committed to helping ensure that the region’s future is every bit as strong as its past.”

“Every generation has the opportunity to build on the work of those who came before it. The foundation Craig and the Hill family built is extraordinary. The future of Harvard Investments is incredibly bright, and I am humbled and energized to help lead that journey,” Brislin said.

About Harvard Investments  

Harvard Investments, Inc. is a real estate investment and development company with real estate holdings throughout the western United States. Harvard combines experience, integrity, and financial stability to create high-quality, environmentally sensitive, profitable communities including both large scale master planned communities and build-to-rent neighborhoods. Harvard’s Canadian parent, the Hill Companies, is a privately held diversified company involved in real estate development including construction and leasing of commercial office buildings and retail properties, oil and gas production and distribution, broadcasting, surety bonding, and insurance. The Hill Companies celebrated its 123rd year of continuous family ownership and operation in 2026. To learn more visit harvardinvestments.com.

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