Madison Communities Names McCarley Davis as President to Drive Growth and Operational Excellence

Winter Park, Fla. (September 4, 2024) — Madison Communities, a leading development and management company specializing in high-quality, garden-style, suburban apartment communities in the Sunbelt region, has appointed McCarley Davis as its new President. McCarley joins Madison Communities with a wealth of experience in the multifamily residential sector and a proven leadership and strategic growth track record.

In his new role, McCarley will focus on enhancing internal processes by providing more hands-on, day-to-day leadership, improving internal communication and collaboration, and expanding the company's capital base through the development of new institutional relationships.

"McCarley has displayed exceptional leadership qualities throughout his career with organizations that set high standards within the multifamily residential world," said Ryan Hanks , CEO of Madison Capital Group, the parent company of Madison Communities. "We are confident in his abilities to take Madison Communities to the next level. Our vision is to continue being a best-in-class operator and developer of multifamily and built-for-rent communities."

McCarley most recently served as the Division President in Florida at Quarterra (formerly LMC), where he led the state's development division. Under his leadership, Quarterra was active in Florida with 800 units under construction and over 1,200 units in various pre-development stages. Before joining Quarterra, he served as the Chief Investment Officer for Epoch Residential, a Winter Park, Fla.-based multifamily development, construction, and management company. While at Epoch, McCarley was involved in developing, capitalizing, and disposing of over 9,000 apartment units across Florida, Texas, Arizona, and North Carolina.

McCarley cited Madison's pipeline, dedicated team, solid market reputation, and financial strength as key factors that attracted him to the role.

"Madison Communities stands out in the multifamily market due to its agile decision-making process and unique product offerings, including our prototype garden and built-for-rent communities," said McCarley.

Founded on an entrepreneurial mindset, Madison Communities has been acquiring, developing, managing, and investing in communities for over a decade. With over 3,200 units completed across six states and 15 cities and more than 3,400 units currently under construction, the company remains committed to its focus on individuality and lifestyle.

About Madison Communities

Madison Communities is a development and management company focused on delivering high-quality, garden-style, suburban apartment communities in the Sunbelt region of the United States. With a commitment to creating unique living experiences, Madison Communities continues to expand its portfolio and enhance its reputation as a leader in the multifamily residential sector. For more information, visit livemadisoncommunities.com.