DALLAS, Jan. 12, 2017 /PRNewswire/ -- Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the hiring of David L. Reynolds as Chief Financial Officer.
An industry veteran with approximately 28 years of experience in public accounting and the debt and equity capital markets, Reynolds will be responsible for accelerating the finance, accounting and reporting infrastructure of Mill Creek Residential.
"David brings a measure of experience and exposure to all aspects of the capital markets that will significantly strengthen our position with the investment community," said Charles Brindell Jr., chairman and chief executive officer of Mill Creek Residential. "His deep knowledge of real estate capital markets will play a substantial role in our growth as an organization in 2017 and beyond."
Prior to joining Mill Creek, Reynolds worked in real estate private equity for 14 years, most recently at Five Mile Capital Partners (FMCP). As managing director of FMCP for more than 10 years, Reynolds executed 20 value-add investments worth more than $1.9 billion.
Reynolds also spent 14 years in real estate investment banking at UBS Warburg and its predecessor companies, Kidder Peabody and PaineWebber, beginning as an associate and ultimately achieving the position of managing director. As an investment banker, he worked on more than 50 lead managed transactions, including initial public offerings (IPOs), common stock, preferred stock, and unsecured debt offerings. Additionally, he advised on approximately a dozen merger and acquisition transactions and took eight real estate companies through the rating agency process.
Reynolds started his career at Arthur Andersen in its audit division, with a focus on the the real estate industry. He has a Master of Business Administration in Real Estate and Finance from the Wharton School at the University of Pennsylvania and is a holder of the right to use the Chartered Financial Analyst® designation. Additionally, he has a Bachelor of Science with Distinction in Commerce with a concentration in accounting from the McIntire School of Commerce at the University of Virginia, where he has been a guest lecturer annually since 2011.
About Mill Creek Residential
Mill Creek Residential Trust LLC is a national multifamily company focused on the development, acquisition and operation of apartment communities in targeted markets nationwide. The company proactively pursues development, acquisition and construction opportunities through its seasoned team of real estate professionals in 14 offices across the United States. Mill Creek is building its portfolio in many of the nation's most desirable apartment markets 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. As of Sept. 30, 2016, the company's portfolio comprises 65 communities representing more than 18,000 apartment homes that are operating and/or under construction. For more information, please visit www.MillCreekPlaces.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mill-creek-hires-david-linn-reynolds-as-chief-financial-officer-300389984.html
SOURCE Mill Creek Residential