Mill Creek chairman, chief executive officer, and president, William C. MacDonald, tells GlobeSt.com where his firm will put capital to work, having just created four new investment vehicles in the US residential rental sector for Mill Creek Residential.
"We've identified a strong pipeline of acquisition and development opportunities across 29 target markets in the US, primarily focusing on the "smile" states, including major cities on the West and East Coasts, along with high-growth Sun Belt markets," McDonald said.
"As it relates to our single-family rental development strategy, we are sourcing sites for construction across our target markets that benefit from highly rated schools, proximity to major employers, and easy access to necessity-based retail and recreation."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
