Founder, President/Director of Development
Donald Paxton has led the development of over 175 apartment communities in 25 states over the course of his career.
Mr. Paxton has concentrated his expertise on developing high quality multi-family properties utilizing various financing methods including tax-leveraged and below-market financing structures. A great majority of these transactions have involved the use of federal tax credits, and in many cases have incorporated other sources such as state tax credits, tax-exempt bonds, CDBG funds, and HOME funds among others.
Prior to starting Beneficial Communities in 2001, Mr. Paxton led the development efforts for two of the Top 10 largest national multifamily producers during that time period; Picerne Development Corporation and Brisben Development.
Over the course of his career, Mr. Paxton has garnered an extraordinary amount of experience piecing together complicated real estate transactions that require extensive attention to detail and the input from a number of public and private entities.
Simultaneously, he has always spearheaded the overall development process, navigating each deal through development related issues. Mr. Paxton is very comfortable working closely with public entities, local governments, and private equity and debt sources.
Mr. Paxton holds a Bachelor of Science degree from the University of Florida, where he majored in Real Estate and Finance.