MILL CREEK'S ACQUISITION EXPERTISE

Mill Creek Residential pursues multifamily acquisitions in targeted markets across the United States. As part of the company's "buy where we build" strategy, we look to offer a variety of rental options in those markets where we are currently actively developing communities. Since 2012, the company has acquired more than 2,000 apartment homes: Skye at Belltown, Lakewood on the Trail, La Tour Fontaine, Woodmoor Apartments and Port Royale.

Our competitive advantage exists from a broad and deep reach into primary markets across the country supported by a seasoned team of acquisitions, development, construction, finance, and asset management associates in 16 offices. We possess demonstrated investment expertise in the acquisition of existing assets that have opportunity to improve through physical upgrades or operational improvements, transforming them into exceptional leading-edge properties.

We target core markets that have been historically profitable in development, construction and acquisition endeavors and demonstrate above average population growth, strong employment characteristics, and consistent and sizeable institutional investment demand.

ACQUISITION COMMUNITIES

Woodmoor on South Lamar
AUSTIN, TX
JULY 2012
 

 La Tour Fontaine
HOUSTON, TX
JULY 2012
Port Royale Apartments
FT LAUDERDALE
DECEMBER 2012

Skye at Belltown
SEATTLE
MAY 2013

Lakewood on the Trail
DALLAS
NOVEMBER 2013

Place at Greenway
HOUSTON
DECEMBER 2011 [SOLD 2013]


ACQUISITION CRITERIA

Mill Creek Residential seeks multifamily acquisition 
opportunities with the following property and investment characteristics:

PRODUCT TYPE: Garden, mid-rise & high-rise
ASSET CLASS: A to B-
LOCATION QUALITY: A+ to B
TARGETED INVESTMENT SIZE: $10+ million
COMMUNITY/
PORTFOLIO SIZE:
100 apartment homes or larger on single assets & portfolio transactions of all sizes
VALUE-ADDED INVESTMENT:

Communities with upside potential through repositioning, reconversion, rehabilitation, construction completion or redevelopment. 

CORE PLUS INVESTMENTS:

Communities in unique locations with attractive valuation to actual replacement cost and that provide above-average sustainable yiedls and favorable long-term prospects.
 

OPPORTUNISTIC INVESTMENTS:

Special situations where capital constraints prevent the asset from reaching its full potential the acquisition of whole loans will be considered as well as the recapitalization of "broken" investment patnerships.

 

ACQUISITION CONTACTS

EAST REGION ACQUISTIONS WEST REGION ACQUISTIONS

Wes Dickerson view bio
Managing Director, East Region Acquisitions
Mill Creek Residental
2001 Bryan Street
Suite 3275
Dallas, TX  75201

Alex Gill view bio
Managing Director, West Region Acquistions
Mill Creek Residential
949 South Coast Plaza
Suite 400
Costa Mesa, CA

  • WASHINGTON, DC AREA

  • Washington DC Area Apartments
  • Mill Creek Residential Trust LLC is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority.
  • NATIONAL OFFICE

  • 2001 Bryan Street
    Suite 3275
    Dallas, TX 75201
    214.922.8500
    Info@MCRTrust.com
  • ASSET & PROPERTY MANAGEMENT

  • 2255 Glades Road
    Suite #423A
    Boca Raton, FL 33431
    561.998.4465
    Info@MCRTrust.com
  • DEVELOPMENT & ACQUISITIONS

  • 6110 Executive Boulevard
    Suite 315
    Rockville, MD 30852
    301.881.4092
    Info@MCRTrust.com
  • NATIONAL OFFICE

  • 2001 Bryan Street
    Suite 3275
    Dallas, TX 75201
    214.922.8500
    Info@MCRTrust.com
  • ASSET & PROPERTY MANAGEMENT

  • 2255 Glades Road
    Suite #423A
    Boca Raton, FL 33431
    561.998.4465
    Info@MCRTrust.com
  • DEVELOPMENT & ACQUISITIONS

  • 6110 Executive Boulevard
    Suite 315
    Rockville, MD 30852
    301.881.4092
    Info@MCRTrust.com
  • WASHINGTON, DC AREA

  • Washington DC Area Apartments
  • Mill Creek Residential Trust LLC is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority.
© 2014 MILL CREEK RESIDENTIAL TRUST LLC. ALL RIGHTS RESERVED.