Steve Patterson’s company will soon be building projects in Phoenix and Las Vegas
By Brian Croce | Multifamily Executive
When Steve Patterson joined The Related Group in 2010, the company’s multifamily rental division had no employees. Patterson initially “borrowed” team members from Related’s other divisions, which specialize in condos and affordable housing, to get the ball rolling. Today, Related Development has delivered about 4,000 units and has roughly 3,000 more under construction.
Patterson, president and CEO of Related Development, where he’s responsible for all of the company’s multifamily rental and mixed-use development activities, says the company will likely start another 3,000 units in the next year or so.