Clachan Properties
Richmond, VA 11–50 employees 1 principals
Last updated
About Clachan Properties
Clachan Properties is a real estate operator headquartered in Richmond, VA. Clachan Properties operates in Charlotte, North Carolina, Columbia, South Carolina and Greensboro-High Point, North Carolina. Its investment focus is on Historic Tax Credits, Multifamily - Ground-up and Multifamily - Value-Add.
Clachan Properties is a private real estate development, historic preservation, and property management enterprise headquartered in Richmond, Virginia. Founded in 2003 by Chief Executive Officer Herbert Coleman, III and Hugh Shilling, the firm maintains 23 years of continuous operational history specializing in adaptive reuse and historic rehabilitation. The enterprise specializes in site acquisition, historic tax credit structuring, rezoning, adaptive reuse development, and in-house asset management. Focusing on historic residential and commercial properties, the firm converts historic structures—including former factories, buggy barns, and commercial landmarks—into modern multi-family apartment communities, luxury lofts, and boutique commercial spaces. Geographically, the organization concentrates its capital investments and management activities across key mid-Atlantic urban corridors throughout Virginia, North Carolina, and South Carolina. Having directed approximately $200 million into historic renovation projects, its portfolio encompasses roughly 1,000 rental units—including landmark Richmond developments such as Smokehouse Lofts, T&E Apartments, and 900 West Broad.
Principals at Clachan Properties
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Recent activity at Clachan Properties
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Clachan Properties's project portfolio
5 projects on file · Multifamily (5)
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Markets and themes
Markets Clachan Properties operates in
- Charlotte, North Carolina
- Columbia, South Carolina
- Greensboro-High Point, North Carolina
- Richmond, Virginia
- Winston-Salem, North Carolina
Investment themes at Clachan Properties
Capabilities
- Asset Management
- Brokerage
- Construction Management
- Mixed Use
- Sustainability
- Urban infill
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Frequently asked questions about Clachan Properties
- What does Clachan Properties do?
- Clachan Properties is a private real estate development, historic preservation, and property management enterprise headquartered in Richmond, Virginia.
- Where is Clachan Properties based?
- Clachan Properties is headquartered in Richmond, VA.
- What markets does Clachan Properties operate in?
- Clachan Properties is active in Charlotte, North Carolina, Columbia, South Carolina, Greensboro-High Point, North Carolina, Richmond, Virginia, and Winston-Salem, North Carolina.
- How many employees does Clachan Properties have?
- Clachan Properties has 11–50 employees.