Mill Creek Residential

FINALIST  |     Multifamily Development Firm of the Year

Multifamily Development Firm of the Year

Location:                                 Dallas

Organizational Leader:     Charles R. Brindell

Company Website:                MILL CREEK RESIDENTIAL                                     

Nominee Statement:

Headquartered in Dallas, Mill Creek Residential develops, builds, acquires and operates high-quality apartment communities in desirable locations across the country, and we are proud to be the second-largest multifamily developer in the nation according to NMHC s 2018 Top 25 rankings. Mill Creek uses extensive and proven expertise to deliver on our mission of enhancing lives by creating great living environments. While they are a national company, they immerse themselves in their chosen local markets to pro-actively pursue investment opportunities, through their seasoned team of over 750 real estate professionals in 14 offices across the United States.

Mill Creek targets core markets that have been historically profitable in development, construction, and acquisition endeavors, and that demonstrate above-average population growth, strong employment characteristics, and consistent and sizable institutional investment demand. Mill Creek’s team boasts a proven strategy and platform that has historically delivered strong returns to our investors. Mill Creek’s national portfolio is comprised of 74 communities, totaling over 20,200 apartment homes with a total capitalization of $5.78 billion. This year alone, they have started construction on 3,800 new homes with a capitalization of over $1.4B. In addition, their future development pipeline includes 9,000 more apartment homes along with 300,000 square feet of retail space. Moreover, they have acquired almost 4,500 apartment homes across 16 communities and have sold 40 communities (over 11,000 homes).

They use their deep understanding of each market, extensive expertise, and a fresh, innovative approach to the apartment industry, to create places where people thrive, and build real and enduring value for their investors, residents, and associates.