Since 1993, Mountain Real Estate Capital has been a leading private capital source for real estate developers and builders. MREC is headquartered in Charlotte, N.C. with origination offices in Minneapolis, San Diego, and New York. Since 2010, MREC has invested over $750 million of equity in approximatley 60 transactions with residential land development and homebuilding partners, utilizing a number of flexible structures incorporating joint ventures, preferred equity, land banking and entity acquisition/recapitalization. MREC currently has partnerships in approximately 30 MSAs nationally with over 20 strategic partners encompassing over 40,000 lots/homes.