MC Companies Acquire Terracina Multi-Family Community in Austin, Texas August 9, 2012 MC Companies Acquire Terracina
MC Clark-Wayland Completes Construction on
The Place At Canyon Ridge in Tucson, AZ
July 12, 2012 MC Clark-Wayland Completes Construction on The Place At Canyon Ridge
MC Corporate Housing Brings New Temporary and Corporate Housing Options to San Antonio, TX April 23, 2012 MC Corporate Brings New Housing Options to San Antonio
MC Companies and Clark-Wayland Merge January 31, 2012 MC Companies  and Clark  Wayland Merge
MC Companies Corporate Housing Answers Call for Help from UMOM New Day Shelters and Furnishes Five Permanent Housing Units November 16, 2011 MC Corporate Housing Answers Call for Help
MC Companies Acquires The Place at Shadow Valley, San Antonio, Texas November 8, 2011 MC Companies Acquires Shadow Valley
MC Companies Adds The Place at Castle Hills in San Antonio, Texas to its Portfolio July 18, 2011 MC Adds The Place at Castle Hills in San Antonio
2010 News    
2009 News    
2008 News    
MC Companies Adds The Place at Overlook in San Antonio, Texas and 411 Units to its Portfolio December 29, 2010 MC Acquires Overlook Apts San Antonio
MC Companies Closes on 275 Unit Green Trails in Katy, Texas October 28, 2010 MC Closes on Green Trails Katy TX
MC Companies Acquires The Vanderbilt Apartments in DFW Texas October 12, 2010 Vanderbilt Acquisition Oct  12 2010
MC Companies Continues its Aggressive Expansion in Dallas, TX - DFW Metro with 230 Unit Multifamily Acquisition June 2, 2010 MC Acquires 230 Unit Park Timbers
MC Companies Secures Freddie Mac Financing and Closes on 238 Unit Saddle Creek Apartments in Dallas, TX October 29, 2009 MC Companies Acquires 238 Unit Saddle Creek in Dallas, TX
MC Companies Acquires 226 Unit Wickertree Apartments in Phoenix, AZ with Favorable Feddie Mac Financing August 25, 2009 Wickertree Apartments
MC Companies Names Lesley Brice CEO and Partner of MC Residential of Texas, LLC February 11, 2009 MC LESLEY BRICE CEO
MC Companies Acquires 7,000 Unit Portfolio, Forms MC Residential of Texas February 3, 2009 MC Companies Acquires 7000 Unit Encore Portfolio in Texas
Freddie Mac and Investors Partner with MC Companies and Fund Harvestree Apartment Community in Plano, TX December 15 , 2008 MC Closes Harvestree 12/15/08
MC Companies Acquires 3rd Apartment Community
in 150 Days
October 14, 2008 MC Closes 3rd Deal 101408
Ken McElroy Releases ABC's of Property Management and donates proceeds September 19, 2008 MC ABC Prop Mgmt Final 0908
MC Raises Equity July 23, 2008 MC Raises Equity and Performs on Two Contracts
Ken McElroy Releases The Advanced Guide to RE Investing May 2008 Advanced Guide to RE Investing

 

 

MC Companies and Clark-Wayland Create Joint Venture Dedicated to New Apartment Construction in Phoenix and Tucson Markets

 

SCOTTSDALE, Arizona, January, 31, 2012 – Scottsdale-based MC Companies announced the formation of a new joint venture with Phoenix-based Clark-Wayland Construction. This joint venture, named MC Clark-Wayland, will focus primarily on development and construction of new multifamily projects in Phoenix and Tucson, Arizona for its own account and others. The combined company has more than 75 years construction experience and has built over 25,000 units in Arizona. MC Companies currently owns and manages approximately 6,000  units in Arizona, Oklahoma and Texas. 

With Clark-Wayland as a partner, MC will expand its development and construction capabilities within Arizona to include garden-style, mid- and high-rise multifamily construction.   The company has two apartment communities underway in Tucson: The Place at Canyon Ridge, with 116 units, and The Place at Creekside, with 208 units. Both projects are scheduled for completion and lease up in mid 2012. 

 “Our two companies fit together like hand-in-glove, we complement each other,” said Jere Clark, Principal of Clark-Wayland. “MC had pieces of the pie that we didn’t have and Clark-Wayland had pieces that MC did not have. Together, the company is a full spectrum Real Estate company with a depth that investors will appreciate.”

Ross McCallister, Principal of MC Companies agrees, “Clark-Wayland has valuable expertise in garden-style, mid and high-rise apartment construction. The merger with Clark-Wayland increases our capacity and affords us the opportunity to capitalize on current market trends.”

About MC Companies:

MC Companies http://www.mccompanies.com is a real estate investment, development, construction, and management company specializing in the multifamily properties and commercial markets.  MC seeks opportunities where they can add value through capital improvement, revenue enhancements and expense reduction through utilization of proven operational efficiencies and management processes.  MC Companies has completed over $300 million in multi-family and commercial value-added transactions since 1985 including more than 10,000 apartment units in Arizona, Nevada, Oklahoma, Oregon and Texas.

 

About Clark-Wayland:

Clark-Wayland (http://www.clark-wayland.com) is a real estate development and construction company that since 1974 builds multifamily and high profile building projects.  Clark-Wayland has built more than 23,000 units. Clark-Wayland is LEED Certified and utilizes high quality, energy efficient building materials.

 

Contact Ryan Francisco at rfrancisco@mccompanies.com for land and acquisition inquiries.

 

To schedule an interview with one of the partners, please call Jennifer Costanza at 480-998-5400 or e-mail at jcostanza@mccompanies.com 

 

                                                                       

 

 

 

 

 

 

 

 

 

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