Elmington is a developer and builder of single-family communities. With residents coming first, Elmington crafts each community around the central theme of green space, walkability and family friendly.
Mountain Springs, Nashville, TN
Elmington fills a desired need in the suburban and urban market with more efficient floor plans, design focused on the modern family and exceptional features.
Mountain Springs, Nashville, TN
We custom design and build our homes to withstand the rigors of current market conditions. Our homes are designed to withstand the test of time by implementing the latest features in technology and style.
Mountain Springs, Nashville, TN
Chief Executive Officer
Chief Executive Officer
Cary is Elmington’s Chief Executive Officer. As a founding member, he oversees Elmington’s corporate operations and its seven primary business divisions: Property Management, Affordable Housing Development, Commercial Property Investment & Management, Construction, Single-Family Build-to-Rent platform, Senior Living and our nonprofit, Elevates. Cary focuses on developing and managing Elmington’s operational and financial goals and strategic growth plans. Cary is also involved with investment and financing activities, focusing on identification of assets for acquisition, new business development, and corporate relations with financial partners. Prior to Elmington, Cary served as Vice President in Regions Bank’s Commercial Real Estate Group, where he financed in excess of $500 million of commercial real estate transactions through debt and equity executions. He graduated from the University of Georgia with a Bachelors in Business Administration (BBA) and Masters of Business Administration (MBA).
President, Residential
President, Residential
Michael is the Head of Elmington Residential. Elmington Residential is a full-service development and construction initiative focused on delivering a high-quality portfolio of ground-up single-family developments. Previously, Michael was with Lennar Multifamily Communities where he was a part of the investment team. Prior to Lennar, Michael was with HavenBrook Homes, an institutional single-family rental platform. Michael was directly responsible for the underwriting and acquisition of over 1,000 single-family homes with a total investment in excess of $120 million across multiple markets. Michael is a graduate of the University of Tennessee, Knoxville, with a degree in finance.
Executive Vice President of Asset Management
Executive Vice President of Asset Management
Stephanie oversees Multifamily, Affordable, and Single Family for Elmington. In this role, she manages the operations of Elmington’s 25 active assets and assists with the design development of new assets. Prior to joining Elmington, Stephanie was an Asset Manager at Covenant Capital Group in Nashville, Tennessee, for 9 years. There she handled a large portfolio of multifamily assets with an investment value exceeding $240 million and specialized in value-add renovations and design and operations. She also assisted with asset acquisitions and sales.
Executive Vice President, Residential
Executive Vice President, Residential
As Executive Vice President for Elmington Residential, Kyle oversees all accounting and corporate support activities for all single-family development and construction. Kyle is responsible for financial reporting, month and year-end close procedures, budget forecasting and managing cash flows. He graduated in 2010 with a Bachelor of Science in Business Administration with a Professional Option in Accountancy. Previously, Kyle spent ten years as a public accounting tax manager with a primary focus on construction and real estate tax compliance and planning.
VP of Development, Residential
VP of Development, Residential
John Shepard is a Vice President of Development and is responsible for the development and acquisition of residential and mixed-use communities. Since joining Elmington, he has led over $900 million in development. John’s expertise includes community-focused development and public-private partnerships. John holds M.B.A. and J.D. degrees from Harvard University and prior to joining Elmington directed real estate activities for a leading land conservation organization.
VP of Development, Residential
VP of Development, Residential
Peter is focused on the acquisition and development of single-family communities in the Southeast. He is responsible for market evaluation, site selection, underwriting, debt/equity financing, and due diligence. Prior to joining Elmington Residential, Peter worked in acquisitions and development for WRS, Inc., a retail and mixed-use development firm based in Charleston, SC. Peter graduated from the Johns Hopkins University with a Bachelor of Arts in Economics.
VP of Operations, Residential
VP of Operations, Residential
Steve leads plan development, cost and design for Elmington Residential. Steve’s primary focuses include: vendor relations, construction software management, corporate programs & purchasing. Prior to joining Elmington, Steve was with America’s Home Place and served in several capacities, including Director of Purchasing, for seven years. Prior to 2011, Steve was self-employed at TMG Home Concepts, building houses and light commercial projects in the West Tennessee and North Mississippi areas. Steve is an industry leader in residential construction, with experience across 40 sub-markets.
Director of Development, Residential
Director of Development, Residential
Jay leads Elmington Residential’s single-family developments in the Carolinas and Virginia. Jay is responsible for sourcing and underwriting new opportunities as well as securing financing and coordinating due diligence, entitlement, and design. Prior to joining Elmington, Jay worked on the Charlotte development team for Aspen Heights Partners, where he managed the entitlement, design, construction, and delivery of multifamily and student housing projects with cumulative development cost exceeding $325 million. Jay holds a BA in Economics from Washington & Lee University and an MBA in Real Estate from UNC Kenan-Flagler Business School.
Director of Development, Residential
Director of Development, Residential
Hailey is responsible for underwriting, financing, performing due diligence and aiding in asset management for Elmington Residential’s single family developments. Prior to joining Elmington, Hailey worked on Nashville’s leading office investment sales team at Cushman & Wakefield, where she managed various aspects of the sales process including the financial analysis of over $2.9B in valuations, the creation of offering materials, and the coordination of due diligence and closing efforts. Hailey graduated from Vanderbilt University with a Bachelor of Science in Human and Organizational Development.
Director of Plan Development, Residential
Director of Plan Development, Residential
Walt Baxley is currently the Director of Plan Development for Residential. With over thirty years experience in the residential design industry, Walt expertly designs homes which meet the requirements of neighborhoods, as well as appeal to target markets. Additionally, he oversees the production of the construction documents. Before joining the Elmington Residential team, Walt spent over 10 years with Frank Betz Associates, a leading residential stock plan design firm, where he served as Quality Control Manager. Most recently, he worked for America’s Home Place, as a Project Manager for plan production offices throughout North Carolina, South Carolina, Texas and Virginia.
Huntsville | AL
1589 Residences is a new luxury community that provides maintenance free living in either a spacious single-family home or townhome. Nestled in the heart of Huntsville, AL, 1589 Residences boasts a prime location with easy access to major highways, bustling shopping centers, and scenic outdoor spaces. It’s a perfect balance of urban convenience and suburban tranquility, offering residents the best of both worlds.