Croatan Investments Welcomes Eric Smith to the Team
March 23, 2020

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 private equity real estate manager focused on multifamily investments. We have a passion for uncovering new opportunities with excellent intrinsic value. Founded in 2004, our track record is built upon our opportunistic nature, agnostic approach, and nimble execution. We adapt our strategy across all stages of the market cycle, maintain investment flexibility to consistently achieve attractive risk-adjusted returns, and preserve the trust of our investors.

Our firm is comprised of real estate professionals who intimately understand our target markets, continually assess the dynamic multifamily landscape, and skillfully execute on each asset’s business plan. Our proven success is a reflection of our commitment to excellence, discipline, and expertise.

Headquartered in Virginia Beach, VA, Croatan has team members operating in Austin, Dallas, Atlanta, New York City, and Singapore. Our portfolio currently consists of multifamily assets across the Mid-Atlantic and Sun Belt regions. Croatan Investments is proud to be a certified minority-owned company.

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