About Commonwealth Properties, LLCA leader in the communities we serve.
To provide quality lifestyles for the residents we serve with an emphasis on service and competitive pricing. By fulfilling this mission, we will deliver above market rates of return to our investors through all market conditions.
About Commonwealth Properties
For over 15 years Commonwealth Properties LLC has been developing, planning and acquiring properties in Virginia, North Carolina, South Carolina, Georgia, and Florida. From site acquisition, design and construction, to marketing and sales, we pride ourselves on delivering our residents the very best in quality, and the very best in value.
In contrast to other developers who may have 10 projects running at the same time, we prefer to concentrate on only a select few developments each year. It’s a unique and fresh perspective to homebuilding that enables us to take a more hands-on role when it comes to working with architects, interior designers, tradesmen and suppliers.
Commonwealth Properties is devoted to being a responsible steward of the land that we own and develop. Although, at times, our objectives may appear to conflict with those of some of our neighbors, we have found that an open and honest dialogue often times serves to illuminate development options that are embraced by all of the parties involved. These challenges often times produce developments that blend better with the existing environment and are more rewarding to all involved. We strive to work closely with affected neighbors, local officials and staff to incorporate concerns and goals on the front end of our planning process.
We are committed to the highest standards of construction while using the best in building materials, as well as being up-to-date on the latest building techniques. This all adds up to residents who trust us to deliver excellent value in a home of the finest workmanship and finishing.
Steven A. Middleton
After years of working as a real estate lawyer and commercial developer, in 1998 Steve Middleton founded Commonwealth Properties to develop and acquire residential properties in Virginia, North Carolina, South Carolina, Georgia, and Florida. His mission for the company was and is to provide quality lifestyles for the residents it serves with an emphasis on quality of service and construction. By fulfilling this mission, the company has delivered above market rates of return to its investors through all market conditions. Steve believes that each market is unique and requires strategic planning to provide the optimum mix of product type, floor plans, finishes, and amenities, given the characteristics of the target market. By remaining nimble and responsive and thoughtfully responding to the unique needs of each market, the company ensures the final development more precisely satisfies market demand and yields a better long term return.
Jack attended and graduated from the University of Virginia with a B.S. in Mechanical Engineering. He started with Commonwealth Properties working to ensure that active developments were being properly built, positioned, and managed. As Development Director, he guides the asset-level investment analysis, acquistion, rezoning, design, construction, lease-up, and on-going management of ground-up developments as well as the planning and execution of value-add renovation projects.
Upon transferring to Frostburg State University, Traci graduated with a BS in Communications. Following college, Traci worked at National Geographic Television and was later hired by Moses Films, Ltd. as a Production Coordinator and Associate Producer. After traveling to the Congo to film the Nat Geo Special “Odzalla”, Traci moved to Richmond and began work in the multifamily industry, as a manager of high-end properties. allowing her the opportunity to understand the management process of high-end properties. These years of experience in the multifamily industry gave her extensive knowledge and insight into the management of mulifamily properties and led her to take a position as the Operations Director with Commonwealth Properties. In this position Traci coordinates with the on-site management staff and construction team and oversees on-going management and budgeting of stabilized properties.