DALLAS, TX - Mill Creek Residential, a national apartment investor, owner and operator, has hired Russell Tepper as Senior Managing Director of the Northeast Region to further the company’s strategic growth in its chosen markets.
Mr. Tepper, who brings 21 years of industry experience to his new role, will be responsible for managing all development activities for Mill Creek Residential in New York, New Jersey, Connecticut and Pennsylvania, including the acquisition of new sites for development. Previously, Mr. Tepper served as Vice President of Development for Matrix Development Group, where he was responsible for managing the company’s urban redevelopment portfolio and mixed-use investments – including more than five million square feet of commercial property and 2,000 residential units – throughout New Jersey and suburban Philadelphia.
“Russell’s breadth of experience and knowledge in the Tri-State market make him an ideal fit for our rapidly growing organization,” said Peter Porraro, Mill Creek's Executive Managing Director, who oversees all development and construction activity for the company's Northeast and Mid-Atlantic portfolio. "Russell is a proven leader and I'm thrilled that he has joined our team in such an impactful role."
"Mill Creek has earned a first-rate reputation for its disciplined approach to investment and development, as well as its commitment to delivering apartment communities of the highest quality, " said Mr. Tepper. “The company is poised for terrific growth and I look forward to working with highly experienced development and construction professionals to drive the expansion of, and add value to, the company’s portfolio in the Northeast region.”
About Mill Creek
Mill Creek Residential develops, acquires and operates high-quality apartment communities in desirable locations coast-to-coast, including in Seattle, Portland, the San Francisco Bay area, Southern California, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Atlanta, Washington, D.C., New Jersey, New York, and Boston. While we are a national company, we immerse ourselves in our local chosen markets to proactively pursue investment opportunities through our seasoned team of real estate professionals in 14 offices across the United States. We use our deep understanding of each market, our 30+ years of expertise and a fresh, innovative approach to the apartment industry to create places where people thrive – and build real and enduring value for our investors, residents and associates. Recognized as one of the Top 3 Builders in Multifamily Executive’s Top 50 List for 2013, Mill Creek’s portfolio comprised 29 communities totaling nearly 13,000 apartment homes with an additional 4,400 homes in the pipeline for 2014, as of March 1, 2014. For more information, visit the company’s website at www.MCRTrust.com