Address
30 East Main Suite 300 Uniontown, PA 15401
Acquisitions and Investment
MountainCreek’s primary multifamily strategy is to acquire underperforming, undermanaged and/or undercapitalized Class A and B properties in secondary markets and to apply institutional capital, management and marketing to reposition the properties. We also pursue value-add acquisitions that require notable capital improvement such as deferred maintenance, interior unit renovations, HVAC systems and amenity upgrades. Whether it’s a stabilized or value-add acquisition, the company seeks to acquire assets that are materially below replacement cost and provide residents with the best value proposition in their rental housing marketplace.
Investment Sponsorship
As a sponsor with an aligned interest, we also pride ourselves on our transparency of reporting and access to our executive team. We are happy to answer any specific inquiries about a property’s performance or operating metrics and can quickly provide answers to any unique information requests. Our reporting allows our partners to view all assets individually or collectively, providing a complete view for their families, entities and trusts. Our awareness and appreciation for transparency stem from our years as an owner, operator and investor in private equity real estate and our recognition of its attributes to provide generational wealth protection and tax efficiency.
Construction and Development
In addition to its core business of value-add multi-family acquisitions, MountainCreek has also developed a build-to-suit cancer center for UPMC and a build-to-suit regional office headquarters for Somerset Trust Company. Both projects were secured with long-term triple-net (NNN) leases. MountainCreek has also developed a single-family housing community consisting solely of one-story living. This community caters to those looking to downsize from their larger, single-family homes. Going forward, we will continue to pursue select development opportunities in our core markets.
Property and Asset Management
MountainCreek manages all of the investments we sponsor. Our ability to enhance value and grow revenue, achieved through our institutional approach to operations, serves as a key differentiator for our investors. At each of our properties, we commit to the highest level of customer service, emphasizing a focus on resident retention, positive property reputation and a team environment. The focus of our asset management strategy is to develop effective short- and long-term investment plans that protect asset value, enable operational efficiencies and position properties for long-term NOI growth.
Advisory
MountainCreek Property Group seeks to bring its institutional operating platform and capitalization approach together as a consultative resource for our partners. Commercial real estate ownership and investing is a fragmented industry with ample opportunities for sound investments but also with risks ranging from the physical structure of buildings to obsolete floor plans, regional demographic trends and over-leveraging. MountainCreek seeks to make available to our investors the executive team’s 60+ years experience of risk management, structuring, capitalizing, asset managing, sourcing, valuing, constructing and developing commercial real estate. Whether or not it’s an investment with our firm, our goal is to provide customized, objective, comprehensive guidance to further our investors’ interests.
