Welcome to Varden Capital Properties
Varden Capital Properties (VCP) was founded in 2011 with the objective of acquiring undervalued real estate, repositioning the asset and creating positive returns for its investors. VCP prides itself on its unique ability to better manage and renovate at lower costs while minimizing risk, providing full transparency and maintaining strategic relationships. Headquartered in Atlanta, GA, its founding managing partner is Trace McCreary, an investment expert and attorney with more than 20 years of experience. VCP acquired its first property, Southpoint Place Apartments, a 108 unit complex in Jacksonville, FL, in December 2011. To date, we have purchased over 70 apartment communities with over 20,000 units in the Southeast. We currently own 34 properties totaling 7,684 units, including LIHTC, Senior and Conventional properties in Georgia, North Carolina, South Carolina, Texas, Tennessee, Alabama and Mississippi. To date we have sold over 50 properties and more than 10,000 units.
Our variety of investment vehicles and strategies caters to a diverse group of capital partners and institutional investors, and we leverage extensive industry relationships to acquire real-time market intelligence. Our goal is to maximize investment returns by ensuring an appropriate capitalization structure, while focusing on optimal property performance.
We fully understand the process of identifying undervalued assets with strong potential to generate attractive risk-adjusted returns. This is what gives us an investment advantage and proprietary insight to identify markets with the best potential to outperform.
