BOCA
RATON, Fla., Oct. 11,
2024 /PRNewswire/ -- Mill Creek Residential, a
vertically integrated industry leader in the investment,
acquisition, development, construction and management of premier
rental housing across the U.S., today announced that it has once
again been included on Pensions & Investments' ("P&I")
annual Real Estate Investment Managers Survey, which ranks the
world's largest real estate investment managers by total worldwide
assets as of June 30, 2024.
For the second year in a row, Mill Creek ranked in the top 50
real estate investment managers based on total assets under
management, as noted in the survey. Mill Creek's institutional
investors include public and private pension plans, insurance
companies, foundations and family offices.
"We have taken a number of steps to grow our investment
management platform, which has made our diverse offerings even more
attractive to global institutions and resulted in us moving up on
P&I's annual Real Estate Investment Managers Survey," said
David Reynolds, President of
Investment Management at Mill Creek. "Importantly, we have managed
to expand our capital relationships and strategically deploy
capital into investments that have the potential to deliver
compelling risk adjusted returns despite prolonged challenging
capital raising and transactional environments, which is something
that makes us proud."
Mill Creek's multi-strategy investment approach provides
institutions the flexibility to partner with the firm across
geographies, rental housing products, affordability levels and risk
spectrum. Mill Creek offers a range of investment options including
commingled funds for value-add acquisitions, bespoke separate
accounts focused on multifamily and build-to-rent single-family
home development and vehicles focused on core/core+ multifamily
acquisitions.
Led by a highly experienced, cycle-tested management team that
has worked together for many years, Mill Creek's investment
philosophy is predicated on creating long-term value by providing
quality amenitized residential communities and a customer-centric
focus on its residents, investors and associates. The firm
prioritizes leveraging proprietary data, research and analytics to
identify investment opportunities that meet its rigorous
underwriting standards.
About Mill Creek Residential
Mill Creek Residential
Trust LLC is a prominent national rental housing company that has
deployed over $19.2 billion in
capital since its founding in 2011. Headquartered in Boca Raton, Florida, the company proactively
acquires, develops, constructs, and operates residential
communities across the United
States, leveraging the expertise of its seasoned team of
real estate professionals located in 30 markets nationwide.
Media Contact
ICR on behalf of Mill Creek Residential
MillCreekPR@icrinc.com
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SOURCE Mill Creek Residential
