About Commonwealth Properties, LLC
A leader in the communities we serve.
For over 25 years Commonwealth Properties has been developing and acquiring multifamily properties throughout the Southeast. From acquisition, design and construction, to long-term asset management, we pride ourselves on delivering our residents and our investors the very best in quality.
In contrast to other developers who may have ten projects running at a time, we prefer to concentrate on only a select few developments each year. It’s a unique perspective that enables us to take a more hands-on role when it comes to delivering on our design and investment plan.
Commonwealth Properties is devoted to being a responsible steward of the land that we own and develop. We have found that an open and honest dialogue serves to illuminate development options that are embraced by all stakeholders in our projects. These conversations produce developments that complement the existing environment and communities in which we operate.
As long-term owners and operators, we are committed to the highest standards of design, construction and ownership to achieve the shared goal of creating high-quality communities built for the long-run.
Our Mission
To provide the highest quality lifestyles for the residents we serve with an emphasis on customer service and quality of product. By fulfilling this mission, we will continue to deliver long-term value and above market rates of return to our investors through all market conditions.
50+
Years of combined experience
Years in Business
Units Developed/Acquired
Million Developed/Acquired
States Represented
Steve Middleton
Partner
Steve Middleton founded Commonwealth Properties in 1998 to develop and acquire residential properties throughout the Southeast. His mission for the company was to provide the highest quality services to the residents and investors we serve. Over the last 25+ years, Steve has fulfilled this mission across several market cycles and many different investment types. Steve is one of two Partners who oversee all major investments and strategic decision-making. Prior to Commonwealth, Steve worked as a real estate lawyer at King & Spalding and as a commercial and multifamily developer.
Education
B.A., M.S., and J.D. – the University of Virginia
Jack Middleton
President, Partner
As President Jack is responsible for sourcing and execution of development projects, asset management for Commonwealth Properties’ portfolio of stabilized, owned assets, and operation of the day-to-day business of Commonwealth Properties. Alongside Steve, Jack is one of two Partners who oversee all major investments and strategic decision-making. Prior to Commonwealth, Jack was a Vice President with Lincoln Property Company, now Willow Bridge, one of the largest multifamily investment firms in the U.S., and was responsible for the development of all multifamily assets from North Carolina to New Jersey.
Education
B.S., Engineering – the University of Virginia
M.B.A., Finance, Real Estate, with Honors – the Wharton School at the University of Pennsylvania