Sam Yager formed Sam Yager Incorporated in 1990 to pursue land development projects in the Houston area. Previously, in 1989, Mr. Yager organized and directed Centre Development Co., Inc. of Dallas’s new residential land development group in Houston. From 1978-1989, Mr. Yager was with General Homes, a public home building and land development company, where he held the positions of Executive Vice President, Corporate Secretary, and Member of the Board of Directors. He managed the feasibility, purchasing, planning, financing, and construction and sales of land and lots nationwide including 75 projects ranging in size from 25 to 2,000 acres in five states and eight metropolitan areas, and approximately $250 million in assets.
      Mr. Yager graduated from the University of Arkansas with a Bachelor of Science degree in Electrical Engineering and did his graduate studies in Civil Engineering at the University of Houston. He is a licensed Real Estate Broker in the State of Texas and a registered Professional Engineer.

Samuel H. Yager III
Executive Vice President

Mr. Yager joined Sam Yager Incorporated in 1990 and served as land development manager for all of the company’s land development projects. In 1998, Mr. Yager was promoted to Vice President and his duties expanded to include management of day-to-day operations and contract negotiations, as well as performing due diligence, financing and market analysis for prospective land development opportunities in and around the Houston area. Mr. Yager was promoted to Executive Vice-President in 2000.
       Since 1996, Mr. Yager has held the positions of Vice-President, Secretary and Treasurer for Houston Area Development Corp (HADC), a land development company owned in majority by Crescent Real Estate Equities, Ltd., a publicly traded real estate investment trust listed on the New York Stock Exchange. He oversees the financial management, monthly reporting and development of HADC’s land development projects and assets. Mr. Yager also serves on the Board of Directors for HADC. Since 1998, Mr. Yager has also served as President of the Board of Directors of Harris County Municipal Utility District No. 344. Mr. Yager has a Business Administration degree in Finance from The University of Texas at Austin, and maintains an active Texas Real Estate Brokers License.