About

Ardent Residential was founded in 2005 in Austin, Texas by Art Carpenter and Brett Denton. Ardent is a real estate development firm specializing in multifamily, condominium, vacation villa and resort development for its own account and as a fee developer.

Leadership

Arthur G. Carpenter

Principal and Co-Owner
With Ardent from inception
29 years in Real Estate industry

Brett M. Denton

Principal and Co-Owner
With Ardent from inception
25 years in Real Estate industry

Greg M. Smyrl

Principal and Director of Operations
Joined Ardent in 2006
23 years in Real Estate industry

Ardent Residential invests in and develops real estate properties all over the world

About the Company

Ardent Residential was founded in 2005 by Art Carpenter and Brett Denton to pursue mixed-use, residential and resort development. In November 2005, Ardent Residential entered into an agreement with Post Properties to develop apartment and condominium properties in Austin, Texas. Post West Austin (329 apartments) was completed in 2009, Four Seasons Residences Austin (148 Condominiums) was completed November 2010, and Post South Lamar (298 apartments with 8,500 square feet of retail) broke ground in March 2011. Through a separate partnership, Ardent completed and stabilized 5350 Burnet, a mixed-use development consisting of 175 apartments and 9,100 square feet of retail. More recently, Ardent has broken ground on Gibson Flats, a mixed-use development consisting of 202 units with a 3,000 square foot stand alone restaurant, and Burnet Flats, consisting of 179 apartments with 3,000 square feet of commercial space. Other recent projects completed include Four Seasons Private Residences Houston, Four Seasons Resort Nevis (British West Indies), Little Dix Bay Resort (British Virgin Islands) and The Carlyle Hotel, New York.

Before starting Ardent, Art Carpenter was the Principal of AG Carpenter, L.P. (2003 to 2005), Vice President of Development for Maritz, Wolff & Co. (2000-2003), Southwest Regional Partner for JPI (1993-2000) and Project Manager for The Zeckendorf Company in New York (1987-1992). While at Zeckendorf, Art was responsible for coordinating the development and sale of over 2,000 condominium residences in New York City. While at JPI, Art was responsible for the development of over 7,000 multifamily units. From 1983-1987, Carpenter was a commercial lender with Chemical Bank in New York. He is a 1983 graduate of Princeton University.

Before forming Ardent Residential with Art, Brett Denton was the Regional Vice President of Development for Gables Residential in Austin and Houston (2003 to 2005). Prior to Gables, Brett was Senior Vice President and Managing Regional Partner for JPI Development in Denver, Colorado and Vice President and Area Managing Partner for JPI in Austin and Houston (1997 to 2003). Brett has been involved in the development of nearly 7,500 multifamily units. Prior to focusing on the multifamily industry, Brett worked with Trammell Crow Company (D.C.), Simmons Vedder & Company (Austin) and Continental Homes (Austin). Brett is a 1987 graduate of Texas A&M University and a 1992 Graduate of the University of Chicago Graduate School of Business.

Prior to joining Ardent Residential as a Principal in October of 2006, Greg Smyrl was the Senior Vice President and Area Partner for JPI in Austin, focusing on acquisitions (2006). Prior to acquisitions, Greg was Senior Vice President of Asset Management for the West Coast and Central Divisions from 2003 to 2005 and served as Asset Manager from 1996 to 2002 overseeing 16,500 units in total. In all, Greg spent 14 years at JPI (1992-2006). Prior to JPI, Greg worked at Hall Financial Group (1989-1992). Greg graduated from Baylor University in 1989.