Millrace Development, LLC Information

Millrace Capital is a commercial real estate investment firm based in South Carolina, focused on identifying, acquiring, and realizing value in industrial, retail, and multifamily properties across the Southeast. We seek opportunities where others see complexity — underutilized assets, overlooked markets, and properties that benefit from fresh capital, strategic repositioning, and hands-on management. Our portfolio spans industrial warehouses, retail centers, multifamily communities, and raw land across Southeast markets where value-add opportunity remains abundant and fundamentals remain strong. As the operator, we bring the full stack — deal sourcing, underwriting, development, and in-house property management. Our development track record spans ground-up and repositioning projects, and our property management capabilities allow us to control the asset and protect returns from day one through disposition. We are actively seeking equity partners, private investors, and capital sources who want direct exposure to Southeast commercial real estate alongside an experienced, fully integrated operating team. We are grateful for every capital relationship that has helped us execute to date — those partnerships are the foundation of everything we have built. Our track record includes both realized investments — delivered with meaningful returns across a range of asset types — and an active portfolio of value-add acquisitions currently being repositioned for long-term performance. We are guided by three core values: Partnership, Honesty, and Joy. These aren't words on a wall — they shape how we source deals, how we treat our partners, and how we show up every day. If you are an investor or capital source looking for disciplined CRE exposure alongside an operator who finds the deals, runs the assets, and delivers the returns — we'd love to connect. Realizing Value in Commercial Real Estate.