Croatan Investments Expands Transactions Team
January 4, 2021

Croatan Investments (“Croatan”) is pleased to announce the addition of a new associate to their transactions team, Patrick Leugers.  He is responsible for identifying, underwriting, and structuring investments across the company’s portfolio.

“Patrick came to us at a perfect time,” says Paul Van, Chief Executive Officer.  “We are tackling deal flow in increasing amounts and Patrick’s unique combination of education and experience provides tremendous support to the team as we source new investments to achieve our All-Weather Fund platform objectives.”

Prior to Croatan, Mr. Leugers was a Development Associate with Lennar Multifamily Communities in South Florida where he supported the development of Class A multifamily and mixed-use projects.  In this previous role, he participated in site selection analysis, financial underwriting, due diligence, design and development, entitlements, construction management, and lease-up for a development pipeline in excess of $550 million and totaling over 1,700 units.  Mr. Leugers’ previous experience also includes Berkadia’s investments sales team in Atlanta where he underwrote market-rate and affordable multifamily investments.  Mr. Leugers received his Bachelor of Arts degree from the Virginia Military Institute and also holds a Juris Doctor degree from the University of Virginia School of Law.

About Croatan Investments

Croatan Investments is a private equity real estate manager focused on multifamily investments.  For over 17 years, we have had a passion for uncovering new opportunities with excellent intrinsic value and the goal of preserving the trust of our investors.  With a seasoned team of real estate professionals, Croatan combines proven multifamily investment and asset management experience with deep market knowledge to opportunistically invest across each stage of the market cycle.

Croatan is headquartered in Virginia Beach, Virginia with team members located in Atlanta, Austin, Dallas, New York City, and Singapore.  Croatan’s geographic focus includes primary and secondary markets with strong economic and housing demand drivers throughout the Mid-Atlantic and Sun Belt regions. 

Croatan Investments is proud to be a certified minority-owned company. 

For more information about Croatan Investments, please visit

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