Croatan Investments is excited to welcome Eric Smith as Managing Principal and Chief Investment Officer of the firm.

Eric most recently served as Chief Operating Officer and Chief Investment Officer for Armada Hoffler Properties (NYSE: AHH), a publicly traded REIT. His experience includes a broad range of asset types, including multi-family, retail, office, mixed-use, and hospitality, across the mid-Atlantic and Southeastern U.S..

In addition to the acquisition of stabilized assets, Eric had oversight of over $1 billion of development projects during his tenure as COO and CIO of Armada Hoffler with many of these projects containing a public-private partnership component. Eric was also part of the three-member executive team that shepherded Armada Hoffler through its 2013 IPO on the New York Stock Exchange which raised in excess of $230 million.

Eric spent the early years of his career in the management consulting, international corporate finance, and investment advisory fields as well as owning his own trading seat on the New York Futures Exchange. Eric holds a Masters of Business Administration from The Wharton School at the University of Pennsylvania and a Bachelor of Science in Finance from the University of Connecticut.

About Croatan Investments

Croatan Investments is a privately-held investment firm that specializes in multifamily real estate. For over 16 years, we have been uncovering market inefficiencies and investment opportunities that have excellent intrinsic value with the goal of generating market-leading returns for its private wealth, institutional, and retail investors.

With a seasoned team of real estate, construction, and project management professionals, Croatan seeks to combine multifamily asset experience and market knowledge to opportunistically invest across each stage of the market cycle.

Croatan is headquartered in Virginia Beach with team members located in Atlanta, Austin, Dallas, Washington DC, and Singapore. The Croatan portfolio currently includes multifamily assets across the Mid-Atlantic and Sun Belt.

Croatan Investments is a certified minority-owned company.