MILL CREEK RESIDENTIAL TRUST AND ROCKWOOD CAPITAL FORM JV

DALLAS — Dallas-based Mill Creek Residential Trust and Rockwood Capital have formed a joint venture partnership to invest in multifamily real estate development, construction and acquisitions throughout the United States. The partnership includes an investment of $200 million by Rockwood Capital and Crow Holdings in Mill Creek Residential Trust, which has an average of 28 years of industry experience among its senior management team that is entirely comprised of former Trammell Crow Residential veterans. The team includes Charles Brindell, Jr. as chief executive officer; Michael Collins as executive managing director, west; William MacDonald as executive managing director, east; Mark Dempsey as chief financial officer; and Michael Melaugh as executive managing director, national capital markets.