Trio of experts to help Southern Land Company continue expansion
Southern Land Company (SLC), a national real estate developer of award-winning mixed-use developments and master-planned communities, recently welcomed three new directors of acquisitions: Clay Cauble, Tanner Johnson, and Jay Sunden. Cauble, Johnson, and Sunden will source multifamily and mixed-use real estate development opportunities in key growth regions across the United States, including the company’s Southeast Region (Cauble), Texas Region (Sunden), and Mountain Region (Johnson).
The additions to the acquisitions team come as SLC is in high-growth mode. SLC currently has 25 active development projects in 11 U.S. markets, with 18 of these being multifamily or mixed-use communities. In the last year, since August 2021, SLC has closed on the acquisitions of four sites or assemblages for new multifamily or mixed-use developments, one site for a new master-planned community, and one site for a new luxury single-family home community.
“We have had great success with our multifamily and mixed-use communities in recent years, and it all begins with the locations and sites,” said Tim Downey, SLC founder and CEO. “We build where people want to live, and we mean that very specifically. We seek the best possible sites that will offer our future residents something they can’t get anywhere else, so it is critical that we have the right team in place to properly discern what opportunities and sites meet our objectives and align with our high standards for excellence. I have tremendous confidence in the talent and experience Clay, Tanner, and Jay bring to the team. They join an exceptional acquisitions group, and collectively they will help us expand even further.”
Cauble, Johnson, and Sunden’s roles, experience, and career highlights are detailed below:
Clay Cauble, Director of Acquisitions – Southeast Region
Based in Nashville, Tennessee
Cauble joined SLC‘s national headquarters in Nashville, which doubles as the company’s Southeast Region office. He brings several years of experience in real estate development from his time with Vastland Companies, where he played a critical role in acquiring various land sites and oversaw project development for residential, hospitality, commercial, and multifamily projects, including a 26-story tower in Nashville.
Cauble’s career in real estate development started while he attended the University of Tennessee, Knoxville, when he acquired and redeveloped a historic building into a boutique hotel in Nashville. In 2021, Cauble received a certification in real estate economics and finance from the London School of Economics.
SLC’s active projects in the Southeast Region include:
- Vertis Green Hills in Nashville, Tennessee
- Westhaven in Franklin, Tennessee
- Society at Laurens in Charleston, South Carolina
- A new luxury high-rise mixed-use community in Charlotte, North Carolina
- A new 735-home master-planned community in Nolensville, Tennessee
Tanner Johnson, Director of Acquisitions – Mountain Region
Based in Denver, Colorado
Johnson joined SLC from Cushman & Wakefield. He brings nearly 20 years of experience in commercial real estate, site selection, development, and more to SLC. Johnson works in SLC’s Mountain Region office in Denver, where he utilizes his experience and familiarity with the Denver market and submarkets to discern opportunities for future SLC properties.
Johnson has been recognized multiple times as a CoStar Power Broker and a Denver Metro Commercial Association of Realtors Heavy Hitter.
SLC’s active projects in the Mountain Region include:
- Auric Symphony Park in Las Vegas, Nevada
- A luxury mid-rise and a luxury high-rise adjacent to Auric in Las Vegas, Nevada
- A luxury mid-rise multifamily community in Las Vegas’ Arts District
- A new multifamily community in Northglenn, Colorado
- Westerly in Erie, Colorado
Jay Sunden, Director of Acquisitions – Texas Region
Based in Dallas, Texas
Sunden brings more than 15 years of experience in the real estate industry, in which he has specialized in acquisitions and development of multifamily real estate for a variety of companies, most recently North American Development Group (NADG) where he served as Executive Director, Development. Sunden is based in SLC’s Texas Region office, where he leads efforts to grow SLC’s footprint in the Lone Star State.
SLC’s active projects in the Texas Region include:
- Deco 969 in downtown Fort Worth, Texas
- A new luxury home community in Dripping Springs, Texas
- Tucker Hill in McKinney, Texas
- Several multifamily projects currently in predevelopment within the major Texas markets
In addition to the regional offices mentioned above, SLC has a Northeast Region office in Greenwich, Connecticut, which currently manages multifamily and mixed-use development projects in New York and Pennsylvania, and a West Coast office in Vallejo, California, which currently manages mixed-use development projects in Northern California.