Steve Patterson, president and CEO of Related Development, LLC, leads all aspects of The Related Group’s highly successful multifamily and mixed-use division. Since its establishment in 2010, Patterson has grown the rental group into one of Related’s most prolific, with numerous flagship properties throughout the Southeastern United States, as well three regional offices located in Miami, Atlanta, and, most recently, Dallas.
Under Patterson’s leadership, the Related Development team has delivered over 5,500 units with an additional 4,100 in predevelopment or under construction. The division expects to start construction on an additional 5,000 units over three regions within 10 different Metropolitan Statistical Area (MSA) by 2020.
In addition to development, Patterson also pursues investment in value-add acquisitions in all income property sectors. His track record of profitable real estate investment ventures is valued at over $4 billion.
The developer will add a regional office in Charlotte and has plans for its first luxury apartment community in Raleigh.
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