Varden Capital Properties

Overview

Varden Capital Properties (VCP) is a real estate investment firm founded in 2011, focusing on the acquisition, improvement, and management of undervalued multifamily properties across the Southeastern United States. Over the past decade, VCP has acquired more than 150 apartment complexes, totaling over 30,000 units, and developed over 6,000 apartment units in the last seven years. The firm's geographical focus includes Georgia, the Carolinas, Tennessee, Florida, and Alabama. VCP employs a value-add strategy, targeting distressed assets, value-add opportunities, and core-plus assets. The firm leverages its extensive industry relationships to acquire real-time market intelligence, aiming to maximize investment returns through appropriate capitalization structures and optimal property performance. VCP's vertically integrated business model encompasses acquisition, development, and property management, providing a comprehensive investment package to its partners. The firm's founder and CEO, Trace McCreary, brings nearly 20 years of experience in corporate finance and mergers and acquisitions from his tenure on Wall Street. Under his leadership, VCP has demonstrated a commitment to strategic investment, focusing on properties with strong potential to generate attractive risk-adjusted returns. The firm's track record includes the redevelopment of historic properties, such as the Darlington Apartments in Atlanta, into luxury condominiums, showcasing its ability to enhance property value through thoughtful renovation and repositioning.