Center Creek Capital Group

Center Creek Capital Group is a mission-oriented housing investment and development leader, generating value for our investors and transforming the lives of families in our homes.

We allocate capital across three primary investment strategies:

Acquisition of BTR at CO, Ground-Up Development, and Rehab & Rent

Sponsor Highlights

Year Founded

Collective Years of Experience

Number of Employees

Total Capital Deployed in Millions

Houses Renovated/Developed

Active Markets

%

Rental Units Affordable at or Below 80% AMI

Typical BTR Equity Deal Size in Million

%

Projected Returns

%

Workforce Allocation

BTR Pipeline of Homes

Investment Strategies

BTR Acquisitions
  • Purposeful Development: Acquiring ready-to-rent new construction communities at C / O provides residents at varying levels of income the option to live in a more suburban environment, in a brand-new home, often at affordable rents
  • Cost Efficiency: Newly constructed homes as rentals bring reduced operating expenses, maximizing profitability
  • Reliable Returns: Anticipate net rental yields of 5.75%- 6.5%+
  • Capital Appreciation: Future-proof your investments with the upside of housing price appreciation
  • Affordability Commitment: Central to the Center Creek ethos, primary focus on at or below 80-120% AMI
  • Resident Empowerment: Going beyond the brick and mortar, Center Creek offers an array of resident services that champion financial literacy and encourage homeownership
Ground Up Development
  • Strategic Sourcing: Harness incoming opportunities to lead workforce housing initiatives within mixed-use projects while simultaneously augmenting market scale by partnering on ground up developments via programmatic partnerships
  • Opportunistic Sourcing: Center Creek pinpoints vacant lots and dilapidated properties primed for revitalization
  • Diverse Housing Solutions: Center Creek’s portfolio spans from workforce to luxury homes, with sizes ranging from 1,250 to 2,500 square feet
  • Neighborhood Cohesion: Aim to drive affordability by increasing housing density, while developments meticulously designed to harmonize with the existing neighborhood fabric
Rehab & Rent
  • Strategic Acquisition: Center Creek targets and acquires distressed housing, ripe for renovation, turning liabilities into assets
  • Value-Driven Renovations: Enhancements not only rejuvenate homes but also ensure immediate capital appreciation
  • Stable Returns: Expect consistent net rental yields of 5-6%, reinforcing a steady revenue stream
  • Growth Potential: Benefit from the upside anchored in housing price appreciation (HPA)
  • Workforce Focus: Prioritize properties priced at or below 80% of the Area Median Income (AMI), catering to the underserved
  • Empowering Residents: Center Creek’s comprehensive resident services extend beyond rentals, emphasizing financial literacy and pathways to homeownership

MEET THE TEAM

The Center Creek Executive Team brings a wealth of experience and deep industry knowledge to BTR, strengthening its strategic vision and operational execution. Complementing this leadership, Center Creek’s Social Impact Advisory Board is composed of esteemed national thought leaders recognized for their expertise in affordable workforce housing and impact investing.

Together, this powerful combination of executive insight and advisory excellence positions BTR to deliver meaningful, scalable impact while maintaining strong financial performance.

Founder and Managing Partner: Dan Magder

COO: Greg Shron

Director of Operations: Lorenzo Bailey

Senior Director of Portfolio Management: Megan McNulty

CFO: Michael Schiavo

Investment CASE STUDIES

Highline - Knoxville, TN

Phase I: 110 detached homes currently in lease-up.

Phase II: 151 to-be-developed townhomes and detached homes.

Center Creek partnered with PPR Capital Management for the acquisition.

Kipling Meadows - Mobile, AL (Foley)

Acquired Kipling Meadows, a 118-Unit community built by DR Horton outside of Mobile, AL (Foley)

BTR Case Study - Jacksonville 33-Home Community

In April 2024, Center Creek Housing Fund III purchased a stabilized portfolio of 33 BTR homes in Jacksonville.

BTR Case Study – Birmingham, Alabama 56-Home Portfolio

Center Creek Housing Fund III purchased a stabilized portfolio of 56-unit BTR homes in Alabama over four tranches from December 2022 to June 2023

Ground Up Development Case Study – Richmond, VA

Center Creek has acquired over 100 lots and built approx. 90 houses – from workforce to luxury