Timeline

Founders Steve Clark and Tim Clark form the Clark-Pilgrim Partnership on behalf of Harvard University endowment to buy RTC assets
FUND ONE

CREA founded, backed by four prominent endowments
FUND TWO

Raised Fund Three
FUND THREE

CREA makes its first investment in Denver, setting the stage for the Mile High City to become our second most active market today

Headquarters moved from Houston to Austin

Execute the first investment in Austin, the firm’s most active market for nearly 20 years
FUND FOUR

CREA raises Cypress Realty V, broadening the investor base to include other endowments, foundations, pensions, and family offices
FUND FIVE

CREA assembles twelve land parcels off-market in the East Riverside Corridor of Austin which would later become Oracle’s cloud computing headquarters

Raised Fund Six
FUND SIX

CREA raises the first fund post-global financial crisis and the first of the “CREA” funds
FUND SEVEN (CREA)

Acquired 1.88 acres in East Austin, two blocks east of I-35, and developed the Corazon Apartments

Raised Fund Eight (CREA I)
FUND EIGHT (CREA I)

CREA makes its 100th investment with the purchase of a site on Braker Lane near Austin’s Domain, which was subsequently developed into the Copeland Apartments

John Burnham and Dudley Simmons named as Managing Principals after almost a decade at CREA
FUND NINE (CREA II)