Dallas-Based Lincoln Property Company Secures Investment Funds, Announces Succession Plan

Lincoln Property Company Commercial has taken on a strategic investment from Stone Point Capital and also announced a growth and succession plan that includes the appointment of a new generation of executive leadership. The strategic investment by Stone Point Capital will enable Lincoln to accelerate its national and international expansion and offer more services to tenants, investors, lenders, and owners of commercial real estate. Lincoln has a significant property portfolio in sectors including industrial, mixed-use, office, retail, production studios, and life sciences. Lincoln also plans to significantly expand its real estate investment management services for leading global institutions, owners, investors, and corporate tenants.

David Binswanger and Clay Duvall will serve as Co-CEOs, succeeding Lincoln Founder and Chairman Mack Pogue and CEO and President Bill Duvall, both of whom will continue to have an ownership stake in the company. Pogue helped found the company in 1965.