David Steinbach

David Steinbach serves as the Global Chief Investment Officer and Co-Head of Investment Management at Hines, a leading global real estate investment firm. He has been with Hines since 1999, contributing significantly to the company's growth and investment strategies across various regions, including the Americas, Europe, and Asia. Over his tenure, he has been involved in billions of dollars in acquisitions and asset management, successfully navigating multiple real estate cycles and leading numerous innovation initiatives within the firm.134

Education and Early Career

Steinbach holds both a Bachelor of Business Administration (BBA) and a Master of Business Administration (MBA) from Texas A&M University. His extensive experience at Hines includes roles that have focused on acquisitions, asset management, and property dispositions for various funds and investment vehicles associated with the firm.124

Current Role and Responsibilities

In his current role as Global CIO, Steinbach is responsible for directing Hines' global investment strategy, shaping its long-term vision, and overseeing capital allocation. He is also a member of the firm's Executive Committee and Investment Committee. Recently, he has been tasked with launching new growth platforms and driving innovation within Hines' investment management operations.345

Contributions to Hines

Under Steinbach's leadership, Hines has expanded its assets under management from approximately $10 billion to over $93 billion as of late 2023. His strategic oversight has been crucial in raising substantial capital across various global funds.34 Additionally, he actively participates in community service initiatives, including volunteering for Houston Welcomes Refugees and serving as chairman of the Board of Veritas Academy in Houston.4

Overall, David Steinbach's leadership at Hines reflects a commitment to strategic growth and innovation in the real estate sector.