Founded by David and Kevin Phipps in the early 2000’s, Mountain Classic Real Estate, Inc. (MCRE) has grown to become one of the most acclaimed value-add developers in the state of Utah. MCRE specializes in quality design of extensive remodels and conversions that result in incredible final products and deliver above average returns. This has made them the largest historic renovator in the Intermountain West for 5 years running.
MCRE has been a leading contributor to Utah’s real estate scene, having purchased the largest apartment portfolio in the state in 2017 and having completed the largest office portfolio sale in the state in 2019 (to Fortress Investment Group). MCRE has won numerous awards for historic preservations and outstanding design, which is a core strength and pillar of differentiation in the marketplace.
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