People. Places. Relationships.


Mill Creek Residential is a vertically-integrated investment manager focused on the investment, acquisition, development, construction, and management of rental housing communities across the U.S.

Creating Value Through Housing


$10.7B¹

Assets Under Management

$17.8B

Deployed Since Inception

100+

Institutional Capital Relationships

28

Value-Add Acquisitions

$5.0B

UNDER CONSTRUCTION

$10.6B

DEVELOPMENT PIPELINE

200

COMMUNITIES DEVELOPED OR ACQUIRED

57,147

homes developed or acquired

83

OPERATING COMMUNITIES

20,928

RENTAL HOMES

#1

NAHB MULTIFAMILY PROPERTY MANAGEMENT FIRM OF THE YEAR (2021)

530+

ASSOCIATES

Investment Solutions

Leveraging our decades of development and investment expertise, our multi-strategy investment approach offers investors the flexibility to partner with us across geographies, rental housing products, affordability levels, and risk spectrum – from Multifamily and BTR-SFR development to value-add and core/core+ multifamily acquisitions, utilizing a closed-end fund or bespoke investment vehicle.

Multifamily Development


As a premier developer of rental housing communities, our intimate understanding of our target markets, combined with the expertise of our leadership team and our cycle-tested performance, positions us to deliver outsized risk-adjusted returns.

Build-to-Rent Single-Family Development


Our BTR-SFR platform combines the best practices of single-family housing construction with multifamily construction and operations to create exceptional living experiences for our residents and positive returns for our investors.

Multifamily Value-Add


Our value-add strategy focuses on acquiring well-located, underperforming apartment communities and creating value by renovating, rebranding, and repositioning through capital improvements and operational efficiencies, resulting in improved cash-flow and strong returns.

Multifamily Core/Core+


Our Core/Core+ strategy focuses on acquiring apartment communities with long-term cash flow potential across highly desirable markets and leveraging our expertise to unlock operational upside.

Key Differentiators


Fully-Integrated Platform


Our vertically integrated business model fosters cross-platform synergies, empowering us to deliver exceptional results to our valued investors.

Institutional Knowledge


Our experienced, cycle-tested leaders, dynamic team of professionals, and deep local market expertise collectively provide us a sustainable competitive advantage.

Values-Based Culture


Integrity, transparency, and relationships are the hallmarks of our organization – these values guide everything we do and uphold our reputation as a trusted investment manager.

OUR LOCATIONS


With 21 offices across the country serving 29 markets, our national scale drives results by ensuring high consistency in quality, product, and risk management, while our local presence and expertise allows us to source, entitle, design, finance, develop, acquire, and manage market-leading communities.

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Meet the Team


David Reynolds

President - Investment Management

Samuel Simone

Executive Managing Director - Investment Management

Christopher Copeland

Managing Director - Investment Management

William C. MacDonald

Chairman, CEO and President

Michael M. Hefley

Chief Operations Officer

Jon Molnoskey

Senior Vice President - Portfolio Management

Get In Touch


Questions about Mill Creek? Get in touch with us.

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2023 NMHC TOP 25
3rd Largest Developer
Mill Creek Residential
NATIONAL AWARD
2023 NMHC TOP 25
3rd Largest Builder
Mill Creek Residential
NATIONAL AWARD

¹Our assets under management (“AUM”) of $10.7 billion, is calculated as of June 2023, and consists of real estate properties with respect to which we provide asset management, investment management and/or development services through managed accounts, investment funds, joint ventures or asset management arrangements. The AUM calculation includes: (i) arrangements for which we do not have discretionary authority, but for which we carry out accepted recommendations, and arrangements where we have discretionary authority and (ii) our interest and/or the interest of our affiliates in any real estate holding arrangement (e.g., as general partner, co-investor or joint venture partner) in addition to the interests of the other participants.