Chief Executive Officer
Steve Patterson joined Related Development, LLC, in 2010. He is responsible for all of the company’s multifamily rental and mixed use development activities. He also pursues investment in value-add acquisitions in all income property sectors. In the last two years, Related has closed investment transactions totaling over $600 million, and has more than 4,000 multifamily units under construction.
Mr. Patterson’s 30 years of industry experience has included ownership and management positions in the development, investment syndication, asset management, property management, and construction fields. These activities included multifamily, office, retail, condo conversion and hotel properties, primarily in the southeastern U.S. His track record of profitable real estate investment ventures is valued at over $2 billion.
Prior to joining Related, he held executive positions at ZOM Holding, Inc., a multifamily development and management company focusing primarily in the Southeastern U.S., and before that, held management positions for Picerne Development and Huber Hunt and Nichols, overseeing development, property management and construction functions in Texas and Florida. During his tenure, ZOM was recognized by the National Association of Homebuilders as Company of the Year in both the development and property management categories.
Mr. Patterson is a State of Florida licensed real estate broker and building contractor. He served as president of the NAHB Multifamily Leadership Board, he is frequently published in trade journals, and has twice been invited to testify on housing industry matters before the Federal Reserve Board. Mr. Patterson holds degrees in engineering technology and construction management from Oklahoma State University.