Mountain Real Estate Capital and Varde sell Oakwood Homes to Clayton Properties Group
CHARLOTTE, NORTH CAROLINA.-July 10, 2017 – Mountain Real Estate Capital (MREC), along with its investor Varde Partners, have sold Oakwood Homes to Clayton Properties Group, a Berkshire Hathaway company. MREC and Oakwood enjoyed a very successful partnership spanning five years.
In May of 2012, …Continue Reading »
MREC Houston Partner makes Top 20 MPC List for 2nd Straight Year
CHARLOTTE, N.C. – April 1, 2016 – Mountain Real Estate Capital (MREC) proudly congratulates our Houston development partner Land Tejas Companies, and our successful builders, in making Canyon Lakes West (CLW) a national top-20 selling master planned community for the second straight year, …Continue Reading »
Mountain Real Estate Capital Closes $90 Million to 10 New Deals
CHARLOTTE, N.C. – April 14, 2015 – Mountain Real Estate Capital (“Mountain”), a leading private equity investor in residential land development and homebuilding, closed on ten new investments during the last few months providing equity of approximately $90 million.
“For the past five years we have …Continue Reading »
(From left to right) Jeff Ragland, president and executive director of Helping a Hero; Meridith Iler, chairman of Helping a Hero; SGT Andrew Mullee; Jennifer Mullee; and Keith Alexander, director at Mountain Real Estate Capital
MREC Awards Second Home Site to Wounded Veteran
CHARLOTTE, N.C. – Sept. 16, 2014 — Mountain Real Estate Capital (MREC), a …Continue Reading »
MREC Grows Investment Platform
Invests $145 million in eight deals in second quarter
CHARLOTTE, N.C. – June 30, 2014 – Mountain Real Estate Capital (Mountain), a leading private equity investor in residential land development and homebuilding, closed on eight investments in the second quarter.
“Five of the transactions were with existing partners and we added three additional best-in-class …Continue Reading »
MREC Reports Solid Growth Year for 2013
Closes 25 deals investing over $370 million
CHARLOTTE, N.C. – February 15, 2014 – Mountain Real Estate Capital (Mountain), a leading private equity investor in residential land development and homebuilding, closed its first couple of deals in January keeping pace with its strong year in 2013. Both deals were with …Continue Reading »
MREC Enters Partnership with Oakwood Homes
$100 million+ investment positions private homebuilder for sustained growth and expansion
CHARLOTTE, N.C./DENVER, Colo. – March 5, 2013 – Charlotte, N.C.-based Mountain Real Estate Capital (MREC) has entered into a strategic partnership with Oakwood Homes, Colorado’s largest privately held homebuilders. The $100 million+ transaction provides MREC, one of the largest U.S. …Continue Reading »
MREC Expands Western Region Operation
SAN DIEGO, Calif.—Jan. 21, 2013— Mountain Real Estate Capital, a leading buyer of residential development assets and a private equity source for real estate land developers and homebuilders, has opened its new office in San Diego and hired Lisa Albanez as managing director to lead its expansion effort in the western …Continue Reading »
MREC Acquires Forest City’s Land Portfolio
CHARLOTTE, N.C. – Nov. 5, 2012 – Charlotte-based Mountain Real Estate Capital, LLC (Mountain) announces the acquisition of a significant portion of remaining land portfolio assets from Forest City Land Group. This includes master planned communities across the country totaling approximately 1,200 residential lots. The projects include a mix of …Continue Reading »
MREC & Oakwood Homes Acquire Banning Lewis Ranch in Colorado
COLORADO SPRINGS, Colo. – May 30, 2012 – Mountain Real Estate Capital (MREC) announces the closing of a new investment with Oakwood Homes of Denver to acquire and build out Banning Lewis Ranch, a 2,600-acre, 8,500-approved-lot master-planned community located in Colorado Springs, Colo. The transaction represents …Continue Reading »