Crest Residential

About Crest Residential

Crest Residential is a real estate operator. Crest Residential operates in Asheville, North Carolina, Crestview-Fort Walton Beach-Destin, Florida and Deltona-Daytona Beach-Ormond Beach, Florida. Its investment focus is on Multifamily - Ground-up.

Crest Residential (commonly operating as Crest, with its internal construction arm **Crest Building Group**) is a Birmingham, Alabama-based real estate development, construction, and investment firm. Operating under the executive leadership of President and Principal Matt Benak, the enterprise specializes in ground-up multi-family development and opportunistic property acquisitions. The enterprise focuses its real estate strategy on multi-family residential communities across high-growth Sunbelt submarkets. Operating as a fully vertically integrated platform, its business model encompasses site selection, land entitlement, capital allocation, project financing, vertical general contracting, and asset operations. By internalizing construction management through Crest Building Group, the firm reduces dependence on third-party contractors and maintains strict oversight over project delivery timelines and budget execution. The organization concentrates its operational footprint across the Southeastern United States and Texas. Across its development history, Crest has executed approximately 6,300 to 6,500 multi-family units representing total capital deployment of $800 million to $850 million. Its active development pipeline features regional projects such as *Pomona* (a 225-unit, seven-building luxury apartment community in Ocala, Florida) and *The Sheldon* (a 267-unit multi-family project in Knoxville, Tennessee).

Principals at Crest Residential