Business Details
22 Years
experience
Commercial Real Estate Investment Experts
StoneCreek Properties is a private investment firm dedicated to commercial real estate investing, committed to generating long-term value and success for our clients. Founded in 2004, our team brings over 50 years of combined expertise in real estate investment, acquisition, development, and leasing. We employ a range of strategies from Core + to Value-Add and Opportunistic, focusing on maximizing returns while managing risk. Our disciplined investment philosophy, developed through decades of experience, has successfully navigated economic challenges to deliver income and wealth preservation. As self-managers, we maintain a vested interest in properties, prioritizing tenant satisfaction to drive value.Our market knowledge, local presence, and proactive management enhance revenue and asset value. Led by David M. Harvey, a 35-year industry veteran, and Jeff D. Harvey, our Senior Vice President, we combine institutional experience with hands-on expertise. With a track record of acquiring, developing, and repositioning properties, we strategically target high-quality value-add opportunities in prime markets. Our rigorous due diligence process evaluates financial performance, market dynamics, and value-enhancement potential to minimize risk and optimize returns. We serve clients seeking reliable, strategic real estate investments tailored to long-term success.
Services
Commercial Real Estate Investment
Value-Add Development
Proactive Asset Management
Market Analysis
Property Acquisition
Details
- Year established: 2004
Highlights and features
- We have over 50 years of combined commercial real estate investment expertise.
- Our disciplined investment philosophy has successfully navigated economic challenges since 2004.
- We self-manage properties to ensure vested interest in asset performance.
- Our team combines institutional experience with hands-on development and construction knowledge.
- We target value-add opportunities in prime markets with strong economic fundamentals.
Services
Commercial Real Estate Investment
StoneCreek Properties specializes in strategic commercial real estate investments across office, retail, industrial, and multifamily sectors. Our approach targets prime markets with strong fundamentals, employing Core + to Opportunistic strategies to optimize returns. With decades of experience, we analyze market dynamics and financial performance to identify high-potential opportunities that align with investor goals.
Value-Add Development
We focus on value-add properties requiring capital improvements or repositioning to unlock potential. Our team conducts thorough due diligence on physical condition and market trends, implementing targeted upgrades that boost revenue and asset value in underutilized or distressed properties across diverse commercial sectors.
Proactive Asset Management
StoneCreek self-manages all acquired assets to ensure long-term value creation through hands-on oversight. Our proactive management approach focuses on tenant satisfaction, operational efficiency, and revenue enhancement strategies tailored to each property's unique market position and investment profile.
Market Analysis
We analyze submarket trends, economic indicators, and competitive landscapes to identify investment opportunities. Our data-driven approach evaluates population growth, income trends, and supply-demand dynamics to inform strategic decisions that mitigate risk and maximize returns in targeted geographic areas.
Property Acquisition
StoneCreek acquires income-producing properties meeting strict financial criteria, including $5M-$50M purchase prices and 6-8% target cap rates. We prioritize well-maintained post-1990 properties with below-market rents and capital improvement needs, leveraging our extensive industry experience to execute strategic acquisitions that align with investor objectives.
People
David M. Harvey
President & CEO
David founded StoneCreek Properties in 2004 after 35 years leading real estate transactions at Wells Fargo, Prudential, and MetLife. He oversees investment strategies and decision-making, drawing on experience managing over $5 billion in commercial real estate deals.
Jeff D. Harvey
Senior Vice President
Jeff oversees construction and development at StoneCreek, bringing 17 years of project management experience from a Midwest construction firm. He directs due diligence and ensures quality execution for all value-add projects since joining in 2006.
Questions
What types of real estate does StoneCreek invest in?
We focus on commercial properties including multifamily residential (20+ units), industrial warehouses, flex buildings, and neighborhood retail centers.
How does StoneCreek identify investment opportunities?
We target prime markets with strong economic fundamentals using rigorous analysis of submarket trends, population growth, and income projections to find value-add properties.
What is StoneCreek's investment strategy?
We employ Core + to Opportunistic strategies targeting 15%+ IRR potential with 6-8% cap rates, emphasizing disciplined underwriting and proactive asset management.
How long has StoneCreek Properties been active in real estate?
The firm was founded in 2004, though our leadership team collectively brings over 50 years of commercial real estate experience.
Do you manage properties directly or use third-party managers?
We self-manage all assets to maintain direct control, accountability, and alignment with investor interests through hands-on operational oversight.
