Reef Capital Partners, a real estate investment and development firm based in Lehi, has been named Utah’s Developer of the Year by NAIOP, the National Association of Industrial and Office Properties. The award recognizes Reef’s impactful and innovative projects across the state, including Black Desert Resort and Red Mountain Resort in Ivins, Marcella in Deer Valley, Park City, and Heber City, and Cormont at Deer Valley East Village. These developments have helped boost local businesses, create jobs, and elevate Utah as a premier destination for sports tourism. Black Desert Resort features a championship golf course, while Marcella offers exclusive memberships for residents. Cormont features luxury ski-in, ski-out condominium towers. Reef’s commitment to creating lasting value through design and sustainable development has earned them this prestigious recognition. Patrick Manning, managing director at Reef, expressed gratitude for the award and emphasized the firm’s dedication to enriching communities, driving economic impact, and leaving a lasting legacy through their projects.
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