Mill Creek Announces Grand Opening of Modera Cap Hill

Luxury Community Adds 197 Apartment Homes to Denver’s Capitol Hill Neighborhood

DENVER – July 17, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the grand opening of Modera Cap Hill, a luxury apartment community located in Denver’s historic Capitol Hill neighborhood.

Situated just south of Downtown Denver and within blocks of the State Capitol Building, the podium-style community features 197 apartment homes and an elevated resort-style pool and spa deck. In addition to stunning views of downtown and the Rocky Mountains, the location possesses a superb Walk Score of 94 and Bike Score of 97, with great pedestrian access to many of the area’s restaurants, retail and conveniences.

“We’re thrilled to welcome our first residents into the building and are confident they’ll thoroughly enjoy Modera Cap Hill’s boutique hotel ambiance and the spectacular rooftop views,” said Chris Schramm, Vice President of Development for Mill Creek. “While providing an outstanding resident experience remains our top priority, we believe their experience will be further boosted by the vibrant neighborhood and its multitude of options.”

Located at 1200 Grant Street, Modera Cap Hill residents have easy access to Civic Center Park, Cheesman Park and Denver Botanic Gardens. The neighborhood is surrounded by some of the city’s most notable dining, shopping and entertainment options, including a vast variety along the 16th Street Mall, South Broadway, Cherry Creek and the emerging Uptown neighborhood.

Colfax Avenue flanks the neighborhood to the north and Speer Boulevard to the southwest, which serve as two of the primary downtown thoroughfares. Interstates 25 and 70, along with 6th Avenue, are a short drive from the community and provide connectivity to the key locales and employment centers throughout the metro area. Additional nearby attractions range from art districts to rustic music halls and high-end sports venues, including Coors Field and Pepsi Center.

Modera Cap Hill offers studio, one-, and two-bedroom homes with an average square footage of 783. Townhome layouts are also available. Additional community amenities include a club-quality 24-hour fitness center, virtual fitness room, resident lounge with social space, coffee bar, conference room and pet spa. The elevated pool and spa deck includes barbecue grills, a double-sided fireplace and outdoor television. Residents also have access to dedicated bike storage, cruiser loaner bikes and a private parking garage.

Apartment interiors are equipped with wood plank-style flooring, 9- to 10-foot ceilings, stainless steel Energy Star® appliances, quartz countertops, pendant lighting, tile backsplashes, built-in storage and shelving, French door refrigerators, full-size washers and dryers, Nest Thermostats, urban mudrooms or gear wall systems. Select homes offer 18-foot ceilings, separate dining areas, pantries, soaking tubs, linen closets and private balconies or patios.

Including Modera Cap Hill, Mill Creek has developed or is developing eight communities in the Denver area. Modera Observatory Park and Modera River North are now leasing and Modera West Wash Park and Modera LoHi are currently under construction.

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Announces Expansion Into The Carolinas Market

Alex Eyssen Named Managing Director of Development for New Regional Office 

CHARLOTTE, N.C. – July 16, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced its expansion into the Carolinas market.

Mill Creek’s new regional office in Charlotte will mark the company’s 16th in the U.S. and will serve as the hub for Mill Creek’s activity in both North Carolina and South Carolina. Alex Eyssen will serve as the Managing Director of Development for the region and head up the new office.

“Both North Carolina and South Carolina possess numerous locales poised for continued growth, including Charlotte, the Research Triangle and several additional accelerating markets,” said Callum Parrott, Executive Managing Director of Development for the Southeast region for Mill Creek Residential. “We believe Alex is a fantastic fit to lead our new Charlotte office and oversee our expansion into the Carolinas market.”

Eyssen previously held a vice president role at The Bainbridge Companies in which he helped facilitate the company’s development efforts. Eyssen will be responsible for overseeing the development process of the entire Carolinas pipeline, including sourcing, entitlements, and design of new multifamily development opportunities in the region.

“Mill Creek is an industry leader with an excellent track record of developing communities in some of the country’s best markets, so it is fitting that the company is expanding into the Carolinas,” said Eyssen, who holds a Juris Doctor degree from St. Mary’s University School of Law. “The Carolinas provide a unique opportunity for long-term growth and I look forward to working with Mill Creek to expand the company’s presence in the region.”

Prior to Bainbridge, Eyssen served as vice president of development, acquisitions and dispositions at Charlotte-based Campus Crest Development, the national real estate development company for Campus Crest Communities where he helped the company’s ground-up efforts to build a $1.9 billion portfolio of assets. Prior to attending law school, Eyssen earned a bachelor’s of science degree at McMurry University.

Mill Creek has been active in the southeast and recently added a regional office in Nashville. The company has concentrated on low-rise, mid-rise and high-rise developments, including mixed-use communities, and expects to maintain that focus in the North Carolina and South Carolina markets.

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Launches Leasing for Modera Metro Mineola, Nassau County’s Newest Luxury Apartment Community

Minutes from Mineola’s LIRR Station, Mill Creek’s Latest Development Community Provides Upscale Residences in a Transit-Oriented Locale

MINEOLA, NY (JULY 12, 2019) – Mill Creek Residential, a leading multifamily investor and operator specializing in the development of premier rental apartment home communities across the U.S., today announced the start of leasing at Modera Metro Mineola, its new luxury apartment community located in Downtown Mineola, just a short walk from the Long Island Railroad station. With Modera Metro Mineola, Mill Creek remains a leading contributor toward the resurgence of Mineola as a transit-oriented, live-work destination.

The 192-residence community, composed of two four-story buildings, offers a mix of studio, one-, and two-bedroom luxury apartment homes. Modera Metro Mineola features numerous amenities for residents, including: two 24-hour club-quality fitness centers with yoga and Pilates studios; two indoor clubhouses featuring social lounges, resident kitchens and multiple flat screens; a business center with computer stations and a conference room; dedicated bike storage, coffee bars, a pet spa, a self-service package concierge, and controlled-access garage parking.

Each of the community’s two buildings features a landscaped exterior courtyard, with an expansive resort-inspired pool, sun deck, outdoor fireplace and lounge occupying the south courtyard, and a state-of-the-art kitchen and outdoor dining area in the north courtyard. The south building also boasts rooftop decks with outdoor social lounges, flat screen TVs and a billiards table. Residents in both buildings have access to all amenities throughout the community.

Modera Metro Mineola’s LEED Silver certified apartment homes feature a minimum of 9-foot ceilings, wood-plank style flooring throughout the living areas and plush carpet in the bedrooms. Kitchens are equipped with stainless steel appliances, quartz countertops, custom 42-inch soft-close cabinets, tile backsplash and moveable islands. Bathrooms also feature quartz countertops, as well as soaking tubs with tile surrounds. Most homes offer a walk-in closet and some also feature a balcony with courtyard views. Select premium homes offer upgraded fixtures and kitchen appliances, white high-gloss cabinets, upgraded tile backsplashes in the kitchen, and accent tile in bathrooms. Many of the premium homes feature lofts and fireplaces. All homes are equipped with key fob entry technology.

In addition to its proximity to the LIRR Mineola station, the community is centered near the recently expanded Winthrop Hospital, along with numerous office buildings and several Nassau County government facilities, including the Nassau County Clerk, Nassau County Supreme Court, and the Nassau County Police Department Headquarters. As Nassau County’s county seat, Downtown Mineola is home to a number of commercial and cultural offerings for residents. Via Long Island Railroad, Mineola is roughly a 40-minute ride to Manhattan’s Penn Station, 15 minutes to Jamaica, and 35 minutes to Brooklyn’s Atlantic Terminal.

“Young professionals and empty nesters alike are eager to find diverse, walkable downtown settings in more comfortable suburban locales,” said Russell Tepper, senior managing director of Mill Creek’s Northeast division. “Mineola fits the bill. Without sacrificing a seamless commute to NYC, Mineola is providing a centrally located, upscale living experience in an area where highly amenitized luxury residences are in high demand.”

With its proximity via transit and road to business districts in Queens, Brooklyn, and Manhattan, as well as its location in Downtown Mineola, Modera Metro Mineola is poised to attract customers throughout Long Island, as well as those in New York City who are looking for modern apartment homes in a more relaxed setting.

“Mineola undertook a significant effort to transform the village and its downtown years ago, taking advantage of its substantial workforce and convenient transit to become a true live-work-play destination,” said Mayor Scott Strauss. “Mill Creek has played an integral part in driving new residents to the village in the middle of all Mineola has to offer – with proximity to numerous offices, government buildings, restaurants, shops, and cultural offerings. With a shared vision on lifestyle and development, Mill Creek has proven to be a great partner in continuing to shape the future of the Village of Mineola.”

To learn more, or to schedule a tour, visit ModeraMetroMineola.com.

Media Contact
Eric Johnson
Antenna
646.530.8323
Eric.Johnson@AntennaGroup.com

Mill Creek Announces Groundbreaking of Modera Biscayne Bay

Luxury Mixed-Use Development Community Will Feature 296 Apartment Homes, Retail

MIAMI – May 9, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the groundbreaking of Modera Biscayne Bay, a luxury mixed-use apartment community located at the convergence of Miami’s vibrant Edgewater and Omni Arts and Entertainment neighborhoods.

The 27-story high-rise, which will feature 296 apartment homes and 11,000 square feet of retail space, will boast spectacular views of Biscayne Bay and the surrounding shoreline. As part of the development, Mill Creek is expanding Bayshore Drive to connect to 22nd Street, with the high-rise community spanning Bayshore Drive. First move-ins are anticipated for spring 2021.

“The Miami waterfront neighborhoods possess a truly distinctive vibe, and we believe Modera Biscayne Bay is positioned to absorb the entire ambiance with unmatched views of the barrier islands and city skyline,” said Jeff Meran, Senior Managing Director for Mill Creek.

Situated at 412 NE 22nd Street, the community sits one block from Margaret Pace Park along the waterfront and within walking distance of Midtown Miami, Miami Design District and the Wynwood district. The community is uniquely positioned nearby many of Miami’s strongest employment drivers, including the Brickell financial district and the Miami Health District.

Modera Biscayne Bay is commuter-friendly from its location just east of Biscayne Boulevard and between Interstates 195 and 395, highways that link to the I-95 Express and provide connectivity to the greater metropolitan area and its various shopping, dining, and entertainment options. The community possesses a superb Walk Score of 93 – a “walker’s paradise” – with pedestrian access to many of the area’s local restaurants and retailers. In addition to the vast walkable options, Bayfront Park and Bayside Marketplace shopping center are less than two miles from the community.

Modera Biscayne Bay will offer one-, two- and three-bedroom homes with den and penthouse layouts available. Community amenities will include a 27th-floor amenity deck, rooftop pool, barbecue area, club-quality fitness studio, yoga/Pilates studio, resident clubhouse, internet lounge, conference room and coffee bar. Residents also have access to digital package lockers, additional storage areas, bike storage and eight stories of secure structured parking.

Apartment interiors will have condo-quality finishes, including Energy Star® stainless steel appliances, quartz countertops, porcelain tile flooring, upgraded fixtures, tile backsplashes, in-home washers and dryers, walk-in closets, WiFi thermostats and private patios or balconies. Select homes feature 15-foot ceilings, breakfast bars, double vanities, linen closets and built-in storage/shelving.

Including Modera Biscayne Bay, Mill Creek has developed seven communities in Miami. Others include Modera Douglas Station, Modera Metro Dadeland, Modera Riverhouse and Modera Edgewater.

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Announces Expansion Into Nashville Market

Luca Barber Named Vice President of Development for New Regional Office

NASHVILLE – May 8, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment and mixed-use communities across the U.S., today announced its expansion into the Nashville market.

Mill Creek’s regional office in Music City will mark the company’s 15th in the U.S. Luca Barber will serve as the Vice President of Development for Nashville and head up the regional office.

“Nashville is a vibrant market that is well positioned for accelerated growth in the near future due to its strong economy, aggressive expansion plans and popularity,” said Chad DuBeau, Senior Managing Director of Development in Atlanta and Nashville for Mill Creek Residential. “We believe Luca is a great fit to lead our new Nashville office and our expansion into the market.”

Barber has experience in the Nashville market, having served as the Vice President of Development and Acquisitions in Nashville for Lincoln Property Company prior to joining Mill Creek. Since 2010, Barber has participated in more than $3.5 billion of commercial real estate transactions and has a background in mixed-use development, acquisitions and multifamily investment sales. Barber will be responsible for overseeing the development process of the entire Nashville pipeline, including sourcing, entitlements and design of new multifamily development opportunities in the region.

“Mill Creek has always been on the cutting edge of development, and I’m excited to join an industry leader with such a robust track record,” said Barber, who holds a Masters of Business Administration from North Carolina’s Kenan-Flagler Business School. “Over the last few years, I’ve watched Nashville become one of the most popular destinations in the country, as people have recognized the incredible living experience and employment base it has to offer. I look forward to working with Mill Creek to cultivate its niche in this great city.”

Barber’s experience also includes positions with MetLife Real Estate Investors in Atlanta, Jones Lang LaSalle in Washington, D.C. and Roseland Property Company in the New York Tri-State Area prior to operating in the Nashville market with Lincoln Property Company.

Mill Creek has been active in the southeast, particularly in the nearby Atlanta market with nine communities either in development, under construction or completed. The company has concentrated on mixed-use concepts for low-rise, midrise and high-rise developments and expects to maintain that focus in the Nashville market.

Media Contact
Samantha Chalmers
Linnell Taylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Announces Start of Preleasing at Modera Edgewater

Luxury Development Community Features 297 Apartment Homes, Prime Miami Locale

MIAMI – May 7, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., along with their partner Rockwood Capital, today announced the start of preleasing at Modera Edgewater, a luxury apartment community located in Miami’s emerging Edgewater neighborhood steps from Biscayne Bay.

The eight-story community, which features 297 apartment homes, is situated just north of Downtown Miami and boasts a centralized location with easy access to vibrant locales such as the Miami Design District, Midtown Miami and the Wynwood arts district. First move-ins are anticipated for summer 2019.

“The Miami market continues to thrive, and Edgewater has become one of the most attractive neighborhoods within the city,” said Jeff Meran, Senior Managing Director for Mill Creek. “We believe the prime location of Modera Edgewater coupled with the community’s deluxe finishes and amenities will create a quintessential Miami luxury living experience for our residents.”

Located at 455 NE 24th Street, Modera Edgewater is within 100 yards of the shoreline and features stunning views of Downtown Miami and South Beach, which is located across Biscayne Bay. The neighborhood is surrounded by a vast array of dining, shopping and entertainment options and within a short drive of many of the city’s primary employment centers, including the Miami/Brickell Financial District and the Health District. The Financial District has been dubbed “Wall Street South” and the Health District contains the country’s second largest concentration of medical and research facilities.

The community boasts a Walk Score of 87, signifying a highly walkable location with pedestrian access to many of the area’s restaurants, retail and conveniences. Numerous public transportation options are accessible from the community, including the Miami Trolley, and nearby recreation choices include Margaret Pace Park and Bayfront Park. In addition, Bayside Marketplace shopping center is two miles south and Marlins Park just over three miles southwest of the community.

Modera Edgewater consists of studio, one-, two- and three-bedroom homes with den and penthouse layouts available. Amenities at the pet-friendly community include a 24-hour club-quality fitness studio with personal training and fitness classes, rooftop pool deck and summer kitchen with bay views, 24-hour on-demand package delivery, virtual reality gaming room and an expansive clubhouse. Residents will also have access to a steam room and sauna, controlled-access garage parking, and a business center with conference rooms, computer stations, an internet lounge, and WiFi.

Apartment interiors are furnished with quartz countertops, Energy Star® stainless steel appliances, nine-foot ceilings, custom cabinetry with under-cabinet lighting, tile surrounds, upgraded fixtures, in-home washers and dryers, Nest thermostats and other smart-home features. Select homes will include large pass-through closets, built-in storage/shelving, additional undercounter fridge, 10-foot ceilings and private patios or balconies.

Including Modera Edgewater, Mill Creek has developed six communities in Miami. Others include Modera Douglas Station, Modera Metro Dadeland and Modera Riverhouse.

About Rockwood Capital
Rockwood Capital, LLC (Rockwood) is a real estate investment management firm founded in 1995 that provides equity capital combined with real estate operating expertise for the repositioning, recapitalization, development and redevelopment of residential, office, research and development, retail and hotel space in key markets throughout the United States. Rockwood and its principals have invested on behalf of their clients approximately $29.6 billion of real estate through commingled funds and separate accounts. Rockwood is a 73-person organization with offices in New York, NY, San Francisco, CA, and Los Angeles, CA that manages a portfolio of approximately $3.8 billion of net equity value in approximately $7.4 billion of gross real estate value as of 9.30.2018. Rockwood’s investors include sovereign wealth funds, public and private pension funds, endowments, foundations, insurance companies, funds of funds, high net worth individuals and family offices.

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Announces Start of Preleasing at Modera Cap Hill

Denver-Based Luxury Development Community Features 197 Apartment Homes

DENVER – April 30, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the start of preleasing at Modera Cap Hill, a luxury apartment community located in Denver’s Capitol Hill neighborhood.

The podium-style community, which features 197 apartment homes and two levels of below-grade parking, is situated in one of the city’s most walkable and bikeable locales. Positioned south of Downtown Denver and just blocks from the State Capitol Building, the location boasts a Walk Score of 93 and Bike Score of 97 – considered to be a “paradise” for walkers and bikers. First move-ins are scheduled for June.

“The Capitol Hill neighborhood contains a little bit of everything, with high-end shopping and dining, recreational options and a prime nightlife scene all within reach,” said Brian Wynne, Senior Managing Director for Mill Creek. “Modera Cap Hill will offer a peaceful respite with a boutique hotel feel, which we believe will equate to one of the finest living experiences with some of the most attractive views in the city.”

Located at 1200 Grant Street, Modera Cap Hill includes an elevated resort-style pool and spa deck, offering stunning views of downtown and the Rocky Mountains. The eight-story community features prime access to Civic Center Park, Cheesman Park and Denver Botanic Gardens. The neighborhood is surrounded by some of Denver’s most prevalent dining, shopping and entertainment options, including a multitude of options along the 16th Street Mall, South Broadway, Cherry Creek and the emerging Uptown neighborhood.

With additional nearby attractions ranging from art districts to rustic music halls and high-end sports venues, the neighborhood is flanked by Colfax Avenue to the north and Speer Boulevard to the southwest, which serve as two of the primary downtown thoroughfares. Interstates 25 and 70, along with 6th Avenue, are a short drive from the community and provide connectivity to the additional key locales and employment centers throughout the metro area.

Modera Cap Hill consists of studio, one-, and two-bedroom homes with an average square footage of 783 and townhome layouts available. Additional community amenities include a club-quality 24-hour fitness center, pet spa, resident clubhouse with game room, coffee bar and conference room. The pool deck offers grills and a firepit. Residents also have access to dedicated bike storage and loaner bikes.

Apartment interiors are delivered with wood plank-style flooring, 9- to 10-foot ceilings, Energy Star appliances, quartz countertops, pendant lighting, tile backsplashes, built-in storage and shelving, French door refrigerators, full-size washers and dryers, urban mudrooms and bike storage systems. Select homes offer separate dining areas, pantries, Roman-style tubs, linen closets and private balconies or patios.

Including Modera Cap Hill, Mill Creek has developed or is developing five communities in the Denver area. Modera Observatory Park and Modera River North are now leasing and Modera West Wash Park and Modera LoHi are currently under construction.

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Announces Groundbreaking of Founders Row

Development Community Will Feature 394 Apartment Homes, Upscale Retail including Movie Theater

FALLS CHURCH, Va. – Feb. 26, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the groundbreaking of Modera Founders Row, a mixed-use lifestyle center that will feature luxury apartment homes and 90,000 square feet of retail space in metropolitan Washington, D.C.

Mill Creek Residential has announced that Studio Movie Grill and City Works Eatery & Pour House will be among the retail components of Founders Row, which will occupy approximately 4.5 acres at the intersection of West Broad Street and North West Street. Modera Founders Row will serve as the market-rate apartment community portion of the development and will include 322 apartment homes. An additional community featuring 72 apartment homes will be dedicated to age-restricted living for individuals 55 years and older.

A formal groundbreaking ceremony is scheduled for Monday, March 4, 2019. First homes and initial retail at the destination community are projected to open in summer 2021.

“We’re thrilled to break ground on Founders Row, which will offer a wholly unique experience to the City of Falls Church when complete,” said Joe Muffler, Managing Director of Development for Mill Creek Residential. “The combination of vibrant retailers, luxury apartment homes and a prime location will create a true destination community.”

As the anchor of the retail space, Studio Movie Grill features eight movie screens, custom luxury recliners, laser projectors, studio-extreme large format auditoriums and Q-SYS sound systems for the ultimate blockbuster experience. The theater will occupy roughly 32,000 square feet of retail space. City Works, which features more than 90 beers on tap and an enthusiastic upscale sports bar atmosphere, will occupy 7,500 square feet of the retail space.

“We’re excited for the addition of these retailers, each of which represents the type of high-energy establishment that will provide enormous appeal to residents and visitors alike,” said Sean Caldwell, executive managing director of the Mid-Atlantic and Northeast for Mill Creek Residential. “Studio Movie Grill provides an entirely unique cinematic experience and the active vibe of City Works will undoubtedly complement the atmosphere we’re aiming to cultivate at Founders Row.”

Founders Row, which is being developed in conjunction with CrossHarbor Capital Partners, Lighthouse Real Estate Investments LLC, and PNC Financial Services, is located in Falls Church, which sits roughly 10 miles west of Washington, D.C. and is considered part of the greater D.C. area. Falls Church is situated on two square miles of land in northern Virginia and is one of the most affluent cities in the U.S. The city features a thriving school system and an active arts and culture sector, including the Falls Church Farmers Market.

Founders Row will offer a commuter-friendly lifestyle within a short distance of the area’s major highways and several public transportation options, including the D.C. Metro. The site is also a short drive from Arlington’s Rosslyn-Ballston Corridor and Downtown Washington, D.C., but the community will provide its own entertainment offerings.

The apartments at Founders Row will consist of studio, 1- and 2-bedroom apartment homes with an average size of 940 square feet. Shared community amenities will include an expansive resident clubhouse, 24-hour club-quality fitness center, outdoor pool and sundeck, business center, game room, barbecue area, Zen garden, private demonstration kitchen, pet spa, controlled-access garage parking, self-serve package lockers and coffee bar. The age-restricted community will feature an additional community room, fitness center, and business center dedicated exclusively to those residents.

Apartment interiors will feature wood plank-style flooring, nine-foot ceilings, moveable kitchen islands, stainless steel Energy Star appliances, quartz countertops, extra-large capacity stacked washers and dryers, built-in storage and shelves, and USB ports. Select homes will have balconies and upgraded finishes, including wine refrigerators, towel warmers, and backlit bathroom mirrors. Residents will also have access to additional storage and bike lockers.

”Founders Row will be an exciting addition to our community,” Falls Church Mayor David Tarter said. “Having a movie theater that most of the City of Falls Church can walk to will further our commitment to make the city a vibrant, walkable destination for residents and visitors from Fairfax, Arlington and beyond.”

To inquire about available retail space, please contact Chris Wilkinson, vice president of retail leasing at JBG Smith. He can be reached at 301.657.7321 or CWilkinson@JBGSmith.com.

Media Contact

Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Named Runner-Up For Multifamily Development Firm of the Year by National Association of Home Builders 

Honor Presented at NAHB’s 2018 Pillars of the Industry Awards Ceremony

LAS VEGAS – Feb. 20, 2019 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced it has been named runner-up for the 2018 Multifamily Development Firm of the Year by the National Association of Home Builders.

The honor, part of NAHB’s 2018 Pillars of the Industry Awards, was announced February 19th during a luncheon at the International Builders Show at the Las Vegas Convention Center. Originally formed in 2011, Mill Creek has built its portfolio by developing and acquiring high-quality apartment communities in some of the most desirable markets in the nation.

“We are humbled to be included alongside Gables Residential as a finalist for this honor, knowing that the industry has many development firms with an endless passion for innovation and for pushing the envelope in the development process,” said William C. MacDonald, Chief Executive Officer and President of Mill Creek Residential. “Whether we finish first or 50th on the list, our primary focus has always been to create meaningful relationships with our customers, residents, associates, and partners and extraordinary places that our residents can proudly call home. To be named a finalist for that mission is truly gratifying.”

The Pillars of the Industry Awards span 26 categories and highlight several key facets in the apartment marketplace, including creative development concepts, innovative financing strategies, great design, superior management and deft marketing. The annual competition is judged by a committee of knowledgeable peers, each with a strong track record within the multifamily industry.

Multifamily Development Firm of the Year candidates were evaluated on the overall quality of communities that have been developed over the previous three years. That includes an examination of innovative development strategies and practices, the ability to overcome obstacles and overall success in achieving the company’s vision and goals.

“It is truly an honor to be acknowledged alongside the industry’s premier developers, and we remain motivated to continue to develop quality apartment homes in some of the country’s finest markets,” MacDonald said. “The credit for being included as a finalist goes to our hard-working associates and our wonderful residents who choose to make these communities their homes.”

Mill Creek had previously been nominated for three Pillars of the Industry Awards, winning two. The company was honored for the 2016 Best Mid-Rise Apartment Community and 2016 Best Interior Merchandising of a Common Area, both for Modera Mosaic (Fairfax, Va.).

Mill Creek was also recognized as a finalist for the 2016 Best Adaptive Reuse for its efforts at Modera Lofts (Jersey City, NJ).

Media Contact
Samantha Chalmers
LinnellTaylor Marketing
303.682.5001
Samantha@LinnellTaylor.com

Mill Creek Residential Announces First Move-Ins at Modera Buckhead

Multifamily Developer Welcomes First Residents to High-Rise Community on Peachtree Road

ATLANTA (February 18, 2019) – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announces that its Modera Buckhead community has officially welcomed its first residents.

Situated at the corner of Peachtree and Pharr Roads, Modera Buckhead is located at the pinnacle of Atlanta’s shopping, dining and entertainment hub, providing an immersive and walkable living experience in the bustling neighborhood. Upon completion, the 21-story, mixed-use community will feature 399 one-, two- and three-bedroom apartment homes, each including 42-inch custom cabinetry, quartz countertops and iPhone home accessibility, as well as over 21,000 square feet of ground floor retail space. Final stages of construction are currently in the works, and full completion of the community is expected in fall 2019.

Complementing the upscale interiors of each apartment home, Modera Buckhead residents will enjoy a variety of premier amenities intended to foster an interactive culture and accommodate a social lifestyle. The east courtyard on the eighth floor will include a daytime pool with chaise lounge pods for sunbathing, directly adjacent to an indoor spa, steam room and relaxation lounge, intended to maximize rest and recuperation for residents and guests. Within the eighth-floor west courtyard, a breezeway will seamlessly integrate the covered, open-air social lounge with an outdoor entertainment haven, featuring a lounge pool with a sun shelf and continuous bench seating, a video projection wall and a lawn panel for outdoor games.

Upon completion, the 20th and 21st stories of the community will be home to a rooftop terrace, where an indoor-outdoor bar and lounge space will be connected to several outdoor garden rooms. A grand staircase will connect the two terraces and a featured skylight table will provide natural light to the lower level. A vine-enclosed landscape design will be utilized to provide the experience of a green oasis in the sky to accompany sweeping views of Buckhead landmarks and the Atlanta skyline. Other unique amenities include a rooftop dog park complete with agility-training and exercise equipment and a state-of-the-art yoga studio, and fitness center.

In addition to its premier amenities and forthcoming restaurant and retail partners, which will be announced in the coming months, Modera Buckhead will feature an outpost of Atlanta-based Spa Sydell, one of the city’s most recognized day spas. The community is located within walking distance of a number of vibrant dining and retail destinations – including Biltong Bar, the Shops at Buckhead Atlanta and Le Bilboquet.

Modera Buckhead is a joint venture in partnership with Elite International Investment Fund, a leading real estate investment platform with capital coming from Asia. For more information on Modera Buckhead or to inquire about leasing an apartment home, please visit ModeraBuckhead.com.

 

About Elite International Investment Fund
Established in May 2013, Elite International Investment Fund (EIIF) is a privately-owned real estate investment management company with offices in Beijing, Los Angeles, and New York. EIIF seeks to deliver attractive risk adjusted returns to our investors. Our disciplined investment strategy is responsive to different stages of the real estate cycles through discreet selection, stringent underwriting and working with the best local talents and sponsors. Since its inception, EIIF has set the precedence as the first Chinese private equity fund ever to invest in a U.S. development project, as well as the first to bring on board a major Chinese bank as an equity partner. www.eliteinfund.com