Local Officials and Mill Creek Residential Celebrate Opening of Modera Metro Mineola, Nassau County’s Newest Luxury Apartment Community

Village of Mineola Mayor Scott Strauss Joins Mill Creek Residential to Kick Off Opening Ceremony, On the Heels of Strong Demand for Uniquely Appointed Luxury Residences

MINEOLA, N.Y. (November 22, 2019) — Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment home communities across the U.S., today announced the opening Modera Metro Mineola, its newest development community in Nassau County, New York. The community celebrated its official grand opening Thursday evening at an event joined by Village of Mineola Mayor Scott Strauss, Mill Creek Residential executives, and leaders from the Long Island business community.

With Modera Metro Mineola, Mill Creek remains a leading contributor toward the resurgence of Mineola as a transit-oriented, live-work destination. The new apartment community is addressing the ever-growing need for attractive, upscale residences to serve working professionals and ‘empty nesters’ on Long Island. The 192-apartment home community is situated in Downtown Mineola, just a short walk from the Long Island Railroad station, as well as local retail, dining, and entertainment locations.

The well-appointed residences at Modera Metro Mineola will include a mix of studios, one- and two-bedroom homes, with rents starting at $2295 for studios and ranging up to $3875 for the largest two-bedroom homes. Each apartment will feature curated, elegant interiors with 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, while bathrooms feature quartz countertops and soaking tubs with tile surrounds.

“Mineola launched 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.”

Most homes at Modera Metro Mineola offer a walk-in closet, and several also feature a balcony with courtyard views. Select premium apartments offer upgraded fixtures and kitchen appliances, white high-gloss cabinets, upgraded tile backsplashes in the kitchen, lofts, fireplaces, and accent tile in bathrooms. 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 the Nassau 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, 35 minutes to Brooklyn’s Atlantic Terminal, and 15 minutes to Jamaica Station in Queens.

“Mill Creek identified a need to provide well-appointed housing to serve Nassau County’s robust workforce, who are looking for a unique living experience in a diverse, walkable destination,” said Russell Tepper, senior managing director of Mill Creek’s Northeast division. “Modera Metro Mineola provides residents with ease of commuting to New York City, in a desirable suburban setting where they don’t need to sacrifice urban amenities such as walkability to shops and restaurants.”

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.

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

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

Mill Creek Announces Groundbreaking of Modera Tampa

Downtown Mixed-Use Development Community to Feature 353 Apartment Homes

TAMPA, Fla. – Sept. 11, 2019 – Mill Creek Residential, a leading multifamily developer and operator specializing in premier apartment communities across the U.S., announced the groundbreaking of Modera Tampa, a luxury mixed-use apartment community located in the emerging River Arts District of Downtown Tampa.

Modera Tampa, which features 353 apartment homes and approximately 13,000 square feet of ground-floor retail space, is located amidst the Central Business District near the Riverwalk and within close proximity of a wide range of Tampa’s key attractions. First move-ins at the eight-story midrise community are anticipated for fall 2021.

“Downtown Tampa is a really dynamic place with so much to offer, and the River Arts District is one of the most desirable locales in the city,” said Eran Landry, Mill Creek’s Vice President of Development for the Central Florida region. “A prime location, coupled with a cutting-edge community and an attractive array of amenities, will make Modera Tampa one of the most appealing options in the market.”

Situated at the intersection of North Ashley Drive and West Tyler Street, Modera Tampa will be steps away from the Straz Center for the Performing Arts, the Tampa Riverwalk, Curtis Hixon Waterfront Park, museums and several vibrant dining, shopping and entertainment options within downtown.

“Situated near the top of every list of nation’s hottest real estate markets, Tampa has become the place to be for real estate developers, businesses, and residents alike,” said Steven Denholtz, CEO of Denholtz Properties, the group from which Mill Creek purchased the land for the community. “As the owners of one of the city’s premier office buildings, we could not be more excited to welcome Mill Creek to downtown Tampa. We look forward to watching their team leverage their decades of residential development experience to create a unique and amenity-filled space that will help further reinforce downtown Tampa’s position as one of nation’s most desirable locations.”

Modera Tampa will offer studio, one-, two- and three-bedroom apartment homes above the ground-floor retail. Community amenities will include a rooftop deck with outdoor dining areas, 24-hour fitness center with a full suite of fitness programming, pet spa lounge, barbecue grills and fire pits, work space and a resident clubroom with entertainment and lounge areas.

Apartment interiors will feature 42-inch contemporary cabinets, stainless steel appliances, quartz countertops, tile backsplashes in kitchens, designer lighting and plumbing fixtures, wood-inspired flooring in common areas, full-size stackable washers and dryers and keyless entry systems. Select homes will offer movable kitchen islands and lighted mirror bath vanities.

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

Mill Creek Announces Groundbreaking of Modera Broadway

Mixed-Use Development Community to Feature 228 Apartment Homes in Capitol Hill Neighborhood

SEATTLE – Aug. 22, 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 Broadway, a luxury mixed-use apartment community located in Seattle’s Capitol Hill neighborhood.

Modera Broadway, under construction along Broadway at East Howell Street, will feature 228 apartment homes in two buildings – including 10 live/work homes – and 9,125 square feet of retail space. The community will sit immediately adjacent to Cal Anderson Park, one of the city’s most notable outdoor spaces that includes sports fields, tennis courts, a playground, walking paths and the Lincoln Reservoir. First move-ins are anticipated for late 2020.

“The Capitol Hill submarket has long exhibited strong demand, and it’s of little surprise considering the neighborhood’s attractive location as a retail and entertainment destination,” said Sean G. Hyatt, Senior Managing Director of Development for Mill Creek Residential. “We’re thrilled to get the construction process started, and when complete, we believe Modera Broadway will offer an unmatched living experience in the area.”

Located at 1732 and 1812 Broadway, the community will consist of two mid-rise buildings with shared amenity spaces. Broadway is a continually emerging corridor of eclectic cultural and nightlife options, shops, restaurants and a variety of additional attractions. Part of that growth has been spurred by the 2016 addition of the Capitol Hill light rail station, which immediately borders the community and provides connectivity to Downtown Seattle, SoDo, the University of Washington and Sea-Tac Airport.

The First Hill Streetcar also stops at Modera Broadway, and the I-5 freeway is a short drive west of the community. With the year-round Capitol Hill Farmers Market, Seattle Central College and Cal Anderson Park in the immediate vicinity, the site scores a near-perfect 98 Walk Score and 99 Transit Score.

Modera Broadway will offer studio, one- and two-bedroom homes and an average size of 642 square feet. Community amenities will include three rooftop decks, a club-quality fitness center with yoga studio, two top-floor resident lounges and a dog run. Residents will also have access to dedicated bike storage and secure storage lockers in the garage area.

Apartment interiors will be delivered with energy-efficient stainless steel appliances, gas ranges, quartz countertops, luxury vinyl-plank flooring, tile backsplashes, roller blinds, expansive windows, true split-system air conditioning in all homes and a variety of additional features and finishes. Select homes will also include full-size patios or balconies with Juliette-style railings.

Including Modera Broadway, Mill Creek has developed six communities within Seattle, including Modera First Hill, Modera Jackson and Modera South Lake Union.

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

Mill Creek Announces Grand Opening of Modera Edgewater

Luxury Development Community Features 297 Apartment Homes, Vibrant Miami Locale

MIAMI – Aug. 14, 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 Edgewater, a luxury apartment community located in Miami’s vibrant Edgewater neighborhood.

The eight-story community, which features 297 apartment homes and was built in conjunction with partner Rockwood Capital, is situated just north of Downtown Miami and steps from Biscayne Bay. The centralized location provides near-direct access to the Miami Design District, Midtown Miami, the eclectic Wynwood arts district and several other nearby attractions.

“As Edgewater continues to become one of the most sought-after neighborhoods in Miami, apartment demand has followed suit,” said Jeff Meran, Senior Managing Director for Mill Creek. “We’re excited to open our doors and welcome our first residents to Modera Edgewater, which we believe will set the bar for upscale living in the area. The stunning views and deluxe amenity spaces, combined with the proximity to the water and multitude of nearby attractions, create a dynamic combination.”

Situated at 455 NE 24th Street, Modera Edgewater is within 100 yards of the Biscayne Bay shoreline and features superb views of Downtown Miami and South Beach. A variety of dining, shopping and entertainment options surround the neighborhood, which is within a short drive of many of the city’s key employment centers. That includes the Miami Health District, which possesses the country’s second largest concentration of medical and research facilities, and the Miami/Brickell Financial District, which is often referred to as “Wall Street South.”

The community is located in a highly walkable location with pedestrian access to many of the area’s hot spots. Numerous public transportation options are accessible from the community, including the Miami Trolley. Nearby recreation options include Margaret Pace Park and Bayfront Park. Residents are also within close proximity of Bayside Marketplace (two miles south) and Marlins Park, which is just over three miles southwest of the community.

Modera Edgewater offers studio, one-, two- and three-bedroom homes with den and penthouse layouts available. The pet-friendly community offers a host of upscale amenities, including 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 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 delivered with quartz countertops, Energy Star® stainless steel appliances, 9-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 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 $30.1 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 $3.9 billion of net equity value in approximately $7.8 billion of gross real estate value as of 3/31/2019. 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 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