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Matthew Hobbs

Director - Investments, Risk & Compliance

Matt joined Blue Heron in 2014 and has 20 years of real estate experience in acquisitions, dispositions, financial analysis, development, renovation, leasing, property management, and historic restoration. Matt brings this deep experience as a member of the Investment Team, focusing on transactions (including deal and joint venture structure, negotiation, due diligence, and closing), construction agreements, and asset and fund operations. Matt also serves a key role in the firm’s corporate governance, including risk management and compliance.

Prior to joining Blue Heron, Matt managed finance, leasing, and property management for NC-based retail developer Adventure Development. He played an instrumental role in the development of a $100 million+, 1.2 million-square-foot mixed-use project in Pittsburgh, PA. From 2004-2010, at Mark Properties, Inc., a private equity real estate investment company in Durham, NC, Matt led acquisitions, asset management, and leasing of a 2.5 million-square-foot retail and office portfolio. Ahead of the Great Recession, Matt participated in the disposition of a significant portion of Mark Properties’ holdings, including the successful marketing and sale of a portfolio of shopping centers.

Matt is chairman of the board of the Self-Help Ventures Fund in Durham, NC, a leading non-profit community development financial organization focused on commercial lending, real estate development, affordable home-lending, and capital support of its affiliated credit unions. As an active preservationist, Matt serves on the board of directors of Preservation North Carolina, from whom he received the Carraway Merit Award 2017.

Matt received a BSE in mechanical engineering from Princeton University, an MA in early American culture from the University of Delaware/Winterthur Museum, and an MBA from Duke University’s Fuqua School of Business.