DALLAS--Mill Creek Residential has namedWilliam C. MacDonald as its first president.

MacDonald, who will maintain his role as chief investmentofficer, is a founding shareholder of the company and has aprominent track record of business accomplishments, leadership andteam building with Mill Creek. The move was effective Dec.1.

"Mill Creek is a rapidly growing enterprise, and Bill McDonaldhas been a big factor in that growth," says Charles R.Brindell Jr., chairman and chief executive officer of MillCreek Residential. "We've added this title for Bill to betterrecognize his role within our organization. His leadership isimportant to Mill Creek's ability to maintain its position as apremier investor in great communities in some of the best marketsin the country."

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