Clear Mountain Properties

What Clear Mountain Properties does

Clear Mountain Properties is a privately held, vertically integrated real estate investment and development firm founded in 2018 by Christopher Rizzo and Zachary Shulruff, focused on acquiring, repositioning, and developing assets in downtown communities and transit-oriented sub-markets across Upstate South Carolina. The firm operates three product lines: income-producing assets (The Bradford 88-unit multifamily, Cypress Cove Homes 43 single-family rentals, Palmetto Lofts 34-unit mixed-use, Creekside Apartments 40-unit, plus additional multifamily, mixed-use, and NNN industrial holdings), ground-up development projects (Liva, a 152-unit Class A build-to-rent community in Travelers Rest; Townes at Watts Mill, a 178-180 unit townhome community in Laurens; and The Sinclair, a 12-unit for-sale townhome project in Greenville), and consulting engagements (regional representative for BD Capital bridge lending; a Tidal Wave Auto Spa consulting mandate).

The firm sources nearly 100% of acquisitions off-market through founder-led relationships with city officials, local operators, and third-party partners, and applies a top-down macro overlay combined with bottoms-up underwriting to target above-average growth sub-markets including Greenville, Greer, Spartanburg, Taylors, Laurens, and Travelers Rest. Vertical integration is delivered through the CMP Management subsidiary, which provides in-house property management, asset management, leasing, and maintenance across the portfolio, supported by a technology stack covering operations, investments, and investor and resident experience.

Clear Mountain Properties generates revenue through multiple streams: rental NOI from stabilized income-producing assets, value appreciation and disposition gains on repositioned assets (including the 111 Belton Drive industrial disposition that nearly doubled in value in under two years), development profits on for-sale townhomes and build-to-rent deliveries, and fees from the BD Capital bridge lending regional representative role. Investors access opportunities through an investor portal on the InvestNext platform, while residential tenants are served through a dedicated CMP Management resident website. The firm has no public listing, no disclosed institutional or PE backing, and ownership remains concentrated with the two founders.

Name

Clear Mountain Properties

Legal name

Clear Mountain Properties LLC

Website

https://clearmountainproperties.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Clear Mountain Properties is a privately held, vertically integrated real estate investment and development firm that acquires, repositions, and develops multifamily, mixed-use, industrial, and single-family assets across Upstate South Carolina sub-markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Montclair

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Investment Returns: CMP acquires and repositions assets in downtown communities and transit-oriented markets, generating returns through value appreciation and eventual disposition
2. Rental Income: Operating rental properties including multifamily, industrial, mixed-use, and single-family residential assets generate recurring rental income
3. Development Profits: New development projects including The Sinclair (townhome sales), Liva (multifamily), and Townes at Watts Mill generate returns through development and sales
4. Bridge Lending Consulting: Serving as regional representative for BD Capital offering bridge lending products ($100k-$10MM debt financing)

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Clear Mountain Properties is a vertically integrated real estate investment and development firm that acquires, repositions, and develops multifamily, mixed-use, single-family rental, and industrial assets in Upstate South Carolina. The firm sources nearly 100% of deals off-market through its local network, provides in-house asset and property management, and offers individual and institutional investors access to real estate investment opportunities via a dedicated investor portal.

Product overview

Clear Mountain Properties is a vertically integrated real estate investment and development firm focused on the Upstate South Carolina market. The company operates across three main product lines: Income Producing assets (multifamily, single-family rental, mixed-use, and industrial properties including The Bradford, Cypress Cove Homes, Palmetto Lofts, Creekside Apartments, and various industrial assets), Development projects (Liva - 152-unit Class A apartments in Travelers Rest, Townes at Watts Mill - 178-unit townhome community in Laurens, The Sinclair - 12 for-sale townhomes in Greenville), and Consulting services (regional representative for BD Capital bridge lending). The portfolio spans multiple asset classes and geographic markets including Greenville, Greer, Spartanburg, Taylors, Laurens, and Travelers Rest.

Differentiator

Problem solved

Functional benefit

Products and services

• Liva Travelers Rest 152-unit Class A build-to-rent apartment community in Travelers Rest, SC at 208 Tubbs Mountain Rd, featuring modern living with mountain views and trail connectivity. Targeted to multifamily renters in the Upstate SC market.
• Townes at Watts Mill 178- to 180-unit Class-A for-sale townhome community in Laurens, SC, preserving historic mill elements including the original smokestack and boiler room. Focused on workforce/attainable housing for teachers, nurses, first responders, and other essential workers.
• The Sinclair 12-unit for-sale townhome project in downtown Greenville, SC at 512 Anderson St, walking distance to Fluor Field. Targeted to home buyers seeking walkable downtown living.
• The Bradford 88-unit garden-style multifamily complex in Greer, SC at 1102 W Poinsett St. Value-add asset near downtown Greer with amenities including pool and dog park; grew from ~65% to over 95% occupancy under CMP management. Targeted to multifamily renters in the Greer submarket.
• Cypress Cove Homes Portfolio of 43 contiguous single-family rental homes (3–4 bedrooms) in Greenville, SC at 1 Cypress Cove Ct. Built 1997, value-add strategy with community improvements including playground, dog park, and landscaping refresh. Targeted to families seeking single-family rental living.
• Palmetto Lofts 34-unit mixed-use property in Spartanburg, SC at 100 E Main St, featuring 54,000 RSF across 11 commercial spaces and 21 loft-style apartments averaging 1,340 sq ft, adjacent to Morgan Square. Targeted to mixed-use tenants — commercial retail/office and residential renters.
• Creekside Apartments 40-unit value-add multifamily property in Taylors, SC at 300 Brook Glenn Rd. Acquired off-market with rents 20-30% below market; underwent major site and unit renovations including water supply line replacement and parking lot repaving. Targeted to multifamily renters seeking renovated, well-maintained housing.
• 111 Belton Drive (Industrial) 48,000 SF flex industrial building with 6 bays in Spartanburg, SC. Acquired off-market November 2023 for $1,850,000; repositioned, fully leased, and sold August 2025 for $3,575,000, achieving 59% rent uplift at stabilization. Targeted to industrial tenants requiring flex space.
• BD Capital Bridge Lending (Regional Representative) Consulting and origination service where CMP serves as the Upstate South Carolina regional representative for bridge lender BD Capital, offering builders and developers $100k–$10MM debt financing options. Targeted to Upstate SC builders and developers needing short-term, asset-backed capital.
• CMP Management (In-House Property Management) In-house property management and leasing subsidiary operating across CMP's residential portfolio, including the resident-facing clearmountainpropertiesmgmt.com platform. Handles leasing, maintenance coordination, tenant relations, and financial tracking for owned properties. Targeted to residents of CMP-owned communities.

Quantifiable outcome

• Value nearly doubled in under two years on 111 Belton Drive ($1.85M → $3.575M)
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered minor and major.

• Rebuild UpstateminorStrategic or Co-development PartnerCommunity charity partnership - CMP partners with Rebuild Upstate as part of their community and economic development involvement
• Homes of HopeminorStrategic or Co-development PartnerCommunity charity partnership - CMP has partnered with Homes of Hope as part of their community development initiatives
• Greenville TogetherminorStrategic or Co-development PartnerCommunity development initiative partnership supporting local economic development in the Upstate region
• Front Porch HousingminorStrategic or Co-development PartnerCommunity partner organization focused on housing initiatives in the Upstate
• Capstone Building / Capstone BuildersmajorStrategic or Co-development PartnerBirmingham-based Capstone Builders announced involvement in LIVA development in Travelers Rest, SC - general contractor for the $40 million project

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Carter-Haston Real Estate Services: Southeast multifamily developer, owner, and third-party manager operating a broader portfolio including Class A and conventional product. Comparable to CMP on multifamily operations but with wider geographic and asset type mix.
• Greystar: Largest US multifamily operator and developer with global scale. Larger and broader than CMP, but directly comparable on vertical integration, technology adoption, and Carolinas/Southeast investment activity.

Direct peers

• RangeWater Real Estate: Build-to-rent and multifamily developer/operator concentrated in the Sun Belt. Comparable to CMP's Liva BTR strategy and Carolinas/Southeast geographic footprint.
• Northwood Ravlin: Carolinas-based real estate investment and development firm. Comparable on regional focus, mixed multifamily and mixed-use product, and developer-operator model.
• RAM Partners: Multifamily owner/operator with a sizable Southeast footprint and vertically integrated property management. Comparable scale, geography, and operating model to CMP's CMP Management-led portfolio.
• Kittle Property Group: Family-owned multifamily owner/developer operating across the Carolinas. Compares directly to CMP on vertically integrated Sun Belt/Carolinas multifamily focus, value-add acquisitions, and in-house property management.
• Catalyst HRE: Southeast US multifamily developer with active Carolinas pipeline. Direct competitor in sourcing, developing, and operating Class A garden-style multifamily in growth markets.
• Flournoy Properties: Multifamily developer/operator focused on high-growth Sun Belt markets. Comparable to CMP on developer-led model, mixed value-add and ground-up product, and Southeastern build pipeline.
• Selwyn Property Group: Carolinas-based residential real estate developer and investor pursuing value-add multifamily and mixed-use in similar Upstate-style growth corridors. Directly comparable to CMP on regional strategy.
• Blanton Turner: Southeast-focused multifamily developer and operator. Similar size and strategy to CMP: ground-up development and value-add acquisitions with in-house asset management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/clearmtnprop
• Instagraminstagram.com/clearmountainproperties
• Xx.com/clearmtnprop

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clear Mountain Properties