We reach military families ready for stability.
We offer credit, counseling, and resources.
We support home acquisition in vetted communities.
We remain a resource long after move-in.
Support housing with purpose. Be a founding force behind Patriot Affordable Housing.
Ray is a Managing Partner at Southern Waters Capital (“SWC”) where he focuses on sourcing investment opportunities and assembling the necessary team to develop each project. Before co-founding SWC, Ray led corporate development for a startup company, where he raised capital and worked to structure partnerships with research universities as well as local, state, and federal governments. Ray holds a JD/MBA from Florida State University and degrees in economics and political science. He is a member of the Florida Bar and a former Florida Gubernatorial Fellow for Governor Rick Scott. Ray has extensive experience working with legislators and government agencies, having previously worked at the Florida Department of Business and Professional Regulation, the Florida Housing Finance Corporation, and the Florida Lottery. In addition to advising small businesses and startups on business strategy and legal issues, Ray has also worked with corporate clients on business structuring and transaction needs and been involved in real estate transactions, asset dispositions, and business continuity implementation. has a track record of fostering collaborative business relationships and strategic partnerships at the intersection of business and bureaucracy.
Dean is a Managing Partner at Southern Waters Capital ("SWC"), an experienced investment banker and asset manager with a strong financial and legal background. He began his career on Wall Street in 1993 and founded Bergen Capital Inc., a successful investment banking and broker dealer, in 1998. At Bergen Capital, Dean established a successful project-based affordable housing underwriting program in the public finance markets, as well as through Fannie Mae and FHA. In 2005, the firm was acquired by BB&T Bank (now Truist Bank), and Dean was chosen to lead their project finance underwriting and syndication, as well as the special opportunities group, acquiring distressed multifamily housing project loans among other assets. He has a reputation for being a profitable and opportunistic asset manager, while also safeguarding the bank's capital. Throughout his career, Dean has been involved in transactions worth billions of dollars in investment-grade loans and high-yield debt. He has also served on creditor committees, acted as a bond tender agent, advised trustee banks, and has taken an active ownership role in credit workouts involving multifamily housing, healthcare, detention facilities, and student housing. Dean holds a degree in finance from the Isenberg School of Management at the University of Massachusetts Amherst and a Juris Doctor from the University of Miami School of Law. He was admitted to the Florida Bar in 1995.
Patriot Affordable Housing and Heartstone Communities share a core belief: no family should be left behind. Together, we’re bridging the gap between rising housing costs and limited supply by developing high-quality, affordable manufactured home communities that create lasting opportunities for families to thrive.