About Commonwealth Properties, LLC

A leader in the communities we serve.

Our Mission

To provide the highest quality lifestyles for the residents we serve with an emphasis on customer service and the resident. By fulfilling this mission, we will continue to deliver above market rates of return to our investors through all market conditions.

About Commonwealth Properties

For over 20 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 long-term property managements, we pride ourselves on delivering our residents and our communities the very best in quality.

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 perspective that enables us to take a more hands-on role when it comes to working with designers, county staff, and our on-site teams.

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 blend better with the existing environment and are more rewarding to the communities in which we operate. We work closely with affected neighbors, local officials, and staff to incorporate concerns and goals starting from the front end of our planning process and continuing through to the ongoing management of our finished communities.

As long-term owners and operators, we are committed to the highest standards of construction and management to achieve the shared goal of creating high-quality communities for the long-run.

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 throughout the Southeast. 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 received his B.A., M.S., and J.D. from the University of Virginia.

Jack Middleton

Development Director

As Development Director, Jack is responsible for deal sourcing and start-to-finish execution of development projects. In addition to his development responsibilities, he oversees the asset management of Commonwealth Properties’ portfolio of stabilized assets. Jack received his B.S. in Engineering from the University of Virginia and his M.B.A in Finance and Real Estate from Wharton School at the University of Pennsylvania.

Traci Clark

Operations Manager

Years of experience in the multifamily industry provided Traci with extensive knowledge and insight into the management of high-end properties.  Her multifamily experience led her to an opportunity with Commonwealth Properties. As the Operations Manager, Traci coordinates various projects and procedures with on-site management and construction teams. Traci received her B.S. in Communications from Frostburg State University.