Harvard Investments Promotes New President

Harvard Investments Tim Brislin and Craig Krumwiede.

Building enduring communities is the driving force behind Harvard Investments, which is forging a name in the Valley’s development community with key acquisitions and ground-up development.

The real estate investment and development firm is now proud to announce the promotion of Tim Brislin to President. Brislin, a strategic leader and development industry expert for more than 20 years, has been at the forefront of Harvard’s growth.

“I’ve been watching Tim develop, and I felt like it was time for him to continue that growth and be elevated to that (President) level,” said Craig Krumwiede, who previously held the title of President and CEO of Harvard Investments and will continue his role as CEO.

“This has been an evolution. For a number of years Tim and I have discussed that this is an open track for him. He deserves this promotion — he has been taking on more responsibility the past number of years. I am super excited for him. I will remain in the role of CEO, but less involved in the day-to-day operations,” Krumwiede said.

Brislin was promoted from Senior Vice President, a position he has held since 2022. Brislin has been instrumental in several key company initiatives for Harvard Investments including the development of thousands of residential lots in Harvard’s master-planned communities in Arizona, Texas, and New Mexico, the launch of Harvard’s new FirstStreet division, a platform creating build-to-rent communities throughout Arizona and the Southwest, and numerous new acquisitions.

Harvard Investments recently acquired King Ranch in Goodyear, Arizona, an 1,864-acre master plan. King Ranch borders Estrella, one of the Valley’s largest master-planned residential communities and part of the Harvard Investments portfolio. Estrella is owned in a joint venture among Värde Partners, Toll Brothers Homes, and Harvard.

Harvard Investments, in partnership with Lincoln Property Company, is developing Goodyear AirPark, a 7-million-square-foot industrial development on 565 acres adjacent to Phoenix-Goodyear Airport. Harvard is also developing FirstStreet at the Ballpark in Goodyear, a 251-unit BTR community.

“This has been an 8- to 10-year process,” said Brislin, who joined Harvard Investments in 2007. “Craig early on told me there’s a potential here to have a leadership role at Harvard. He really gave me the space and time to get there. You can’t hurry these things up.

“It takes extensive experience working on a variety of different projects to prepare for this role. I still have more learning to do to get to where Craig is now. Craig made a key point; he’s not going anywhere. He’s remaining as CEO and his continued leadership and vision for the company are as critical now as ever,” Brislin said.

As Senior Vice President, Brislin ran Harvard Communities, overseeing the planning and execution for Harvard’s master-planned portfolio. As part of the senior leadership team, Brislin was also engaged with senior management in the execution of the over-arching company business plan. His strategic leadership has made Harvard Investments a “real go-to developer” for landowners in multiple markets.

A native of Allentown, Pennsylvania, Brislin moved to Arizona in 2002 and worked at national brokerage firm Grubb & Ellis. He joined Meritage Homes in 2005 as the director of acquisitions, covering the Southwest market for the active adult division.

Brislin is active within the Valley’s commercial real estate industry. A long-time member of Valley Partnership, he serves on its Board of Directors and was Board Chair in 2020. He is a full member of the Urban Land Institute and serves on a national Community Development Council. Brislin is also a member of the Arizona ULI Community and Residential Development (CaRD) Council serving as Chair in 2021-2023.