Streams Development

What Streams Development does

Streams Development is a privately-held, Greenville, South Carolina-based real estate development firm operating as The Streams Development, LLC. The firm specializes in ground-up development of three asset classes: high-end garden-style multifamily apartment communities, modern temperature-controlled self-storage facilities, and build-to-suit service retail properties. It serves multiple counterparty types — land owners seeking to monetize parcels, equity and capital partners assembling capital stacks, and institutional buyers or long-term operators acquiring completed assets. The company's long-term ownership philosophy means many completed projects remain on its own balance sheet, generating recurring rental income in addition to development fees.

Operationally, Streams Development runs a lean team (1-10 employees) anchored by an experienced leadership group led by CEO Alex Dmyterko (30+ years in CRE, previously president of Crosland Inc., Dmyterko & Wright Partners, and CNL Commercial Net Lease Realty), Partner Jesse Carter, CFO Bill Saracco, and supporting directors and managers. The firm leverages a B2B enterprise field-sales go-to-market motion targeting land owners, equity partners, and capital partners, with revenue generated through one-time project development fees and professional services for construction management engagements. The company's technology foundation is described as a "data-driven analytics" approach combined with transparent communication; no proprietary platforms, APIs, or AI capabilities are disclosed.

The firm reports a cumulative track record of over 100 development projects exceeding $1 billion in aggregate investment across more than 30 states, and current leadership is actively engaged on more than $500 million in queued development projects. Active and recently delivered projects include The Streams at Battery Park (252 luxury units, Anderson, SC, completed 2024), the 555-unit Public Storage renovation in Anderson (2024), a 640-unit Public Storage in Greenville and a 952-unit Public Storage in Duncan (both 2025), and the announced 300-unit, $94.5 million Streams at Earlewood in Columbia, SC (construction start Q1 2025, completion Q1 2027), the latter pursued through a joint venture with Century Development Partners. Tenant relationships span national retail and hospitality brands including Lowe's, CVS, Staples, Barnes & Noble, Culver's, LA Fitness, and TownePlace Suites by Marriott.

Name

Streams Development

Legal name

The Streams Development, LLC.

Website

https://streamsdev.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Streams Development is a Greenville, SC-based private real estate developer building high-end multifamily apartments, temperature-controlled self-storage facilities, and build-to-suit retail properties across the Southeast US, serving land owners, equity partners, and institutional buyers through ground-up development and long-term ownership.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Land Subdivision (23721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Multifamily real estate development
• Self-storage facility development
• Commercial real estate services
• Build-to-suit retail
• Construction management services

Headquarters

HQ city

Greenville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: Streams Development generates revenue through developing apartment communities, self-storage projects, and build-to-suit service retail properties. The firm develops properties for long-term ownership as well as built-for-sale to institutional investors.
2. Construction Management Services: With select land owners, Streams Development will develop their property, handling the entire process from start to finish for a development fee.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Streams Development is a commercial real estate development firm that develops high-end garden-style multifamily apartment communities, modern temperature-controlled self-storage facilities, and build-to-suit retail properties, primarily in the Southeast US. The firm also offers construction management services for select land owners, handling the entire property development process from start to finish for a development fee. Properties are developed either for long-term ownership or for built-for-sale to institutional investors and operators.

Product overview

Streams Development is a real estate development firm offering a portfolio of property development services and completed/ongoing projects. The company operates three core service lines: Multifamily Apartment Development (developing high-end garden-style apartments), Self-Storage Development (temperature-controlled storage facilities), and Construction Management/Build-to-Suit Retail services. The portfolio includes completed projects like The Streams at Battery Park (252-unit luxury apartments in Anderson, SC) and Public Storage facilities, as well as current projects including Public Storage developments in Greenville, Duncan, and the announced 300-unit Streams at Earlewood project in Columbia, SC. The company focuses on long-term property ownership across the Southeast US, particularly the Carolinas.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Apartment Development Ground-up development of high-end, garden-style apartment communities with refined appointments and generous amenities. Properties are owned long-term by Streams Development using high-quality materials and provide top-shelf lifestyle offerings for residential renters in the Southeast US.
• Self-Storage Development Ground-up development of modern, temperature-controlled, bright, secure, and well-lit self-storage facilities. Properties are owned long-term by Streams Development and serve personal and business storage customers in rapidly growing Southeast US communities.
• Construction Management Services End-to-end construction management offered to select land owners, handling the entire property development process from start to finish — entitlements, design, construction, and stabilization — to transform a landowner's property into a cash-flowing asset for a development fee.
• The Streams at Earlewood 300-unit market-rate apartment complex in Columbia, SC with a $94.5 million investment. Features one-, two-, and three-bedroom apartments, swimming pool, dog park, and EV charging stations. Construction scheduled to begin Q1 2025 with completion slated for Q1 2027.
• The Streams at Battery Park First-class, luxury apartment community in Anderson, SC with 252 units, completed in 2024.
• Public Storage - Greenville, SC 640 temperature-controlled self-storage units in Greenville, SC located within the Augusta Road Corridor Strategic Plan area. Scheduled for completion in 2025.
• Public Storage - Duncan, SC 952 temperature-controlled self-storage units in Duncan, SC. Scheduled for completion in 2025.
• Public Storage - Anderson, SC Renovated existing storage facility with 555 storage units in Anderson, SC, completed in 2024.
• Build-to-Suit Retail / Hospitality Development Development of build-to-suit retail, restaurant, and hotel properties for national and regional tenants in the Carolinas and Southeast US. Past and current tenants include Lowe's, Staples, CVS, Barnes & Noble, Culver's, Tropical Grille, Rocky's Hot Chicken Shack, Sears Homelife, Sports Authority, Goodwill, KinderCare, LA Fitness, and TownePlace Suites by Marriott.

Quantifiable outcome

• Over $1 billion in investments developed across 30+ states
• +2 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Century Development PartnerscoreStrategic or Co-development Partner · 13 February 2024Joint venture partnership for development projects. Streams Development and Century Development Partners collaborate on major development initiatives. Century is a joint venture of principals in Streams Development and BlackStream Partners, formed to pursue development opportunities in the Columbia, SC market and beyond.
• SVN BlackstreamcoreStrategic or Co-development PartnerManaging Director Brent Chitwood collaborated with Streams Development on the Streams at Earlewood project. SVN Blackstream is also the parent company of Century Development Partners joint venture.
• Central Baptist Church of ColumbiaminorOthersProperty owner who sold the 8.46-acre site at 301 Sunset Drive to Streams Development for the Streams at Earlewood development project. The site was originally used as a shopping center in the 1960s.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Crow Holdings: National real estate developer and investment manager (successor to Trammell Crow Company's development platform). Directly comparable because CEO Alex Dmyterko began his career at Trammell Crow Company; comparable on multifamily/retail/mixed-use product mix and Sun Belt footprint.
• CBRE Group: World's largest commercial real estate services firm with investment sales, debt/equity placement, and multifamily capital markets capabilities. Comparable as the type of institutional intermediary Streams engages to place developed assets with investors.
• Greystar Real Estate Partners: Largest multifamily developer, owner, and operator in the US with deep Southeast exposure. Overlaps with Streams on multifamily development and long-term ownership; broader scale and full-stack platform (development, management, investment management).

Direct peers

• Lincoln Property Company: Multifamily developer, owner, and third-party manager operating across the Sun Belt including the Carolinas. Comparable product (garden-style apartments), comparable long-hold strategy, and comparable institutional capital partner motion.
• Wood Partners: National multifamily developer specializing in garden-style and mid-rise apartment communities, often held for long-term ownership. Directly comparable on multifamily development focus, build quality emphasis, and B2B capital partner GTM motion.
• The NRP Group: Multifamily developer focused on workforce and market-rate apartments across the Sun Belt. Comparable unit scale, comparable Southeast concentration, and comparable developer-plus-equity-partner model.
• Crosland LLC: Multifamily, retail, and mixed-use developer headquartered in Charlotte, NC with deep Carolinas coverage. Directly comparable: CEO Alex Dmyterko previously served as Crosland's president, and Streams Development operates in the same geographies with overlapping product types (apartment communities, retail centers).
• FCP (Firm Capital Partners): Multifamily developer and investment manager focused on the Carolinas and Mid-Atlantic. Comparable on geography, multifamily focus, and the JV/equity-partner capital model used by Streams Development.

Regional players

• Blue Ridge Companies: Multifamily and mixed-use developer active in the Carolinas and broader Southeast. Direct overlap on geography, product type, and institutional capital partner relationships; smaller scale than Streams' stated $1B+ cumulative book.

Others

• JLL (Jones Lang LaSalle):

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/streams-dev

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 Streams Development