H. David Swain, a developer of commercial income producing properties in North and South Carolina, formed his development company, Swain & Associates, thirty-two years ago. Since that time, Mr. Swain has been active in the development of multi-faceted, income producing properties including shopping centers, office buildings, warehouses, free standing financial institutions and national restaurant chains.
During the early phase of his career, Mr. Swain developed and constructed in excess of 45 apartment complexes. He currently owns 27 of these properties, which consist of approximately 1,800 units.
Since 1979, a division of the company has specialized in the development of retail shopping centers and has developed, constructed or re-developed approximately 62 properties – in excess of 3,000,0000 square feet. Mr. Swain’s company, Swain Management, LLC, continues the management and leasing of all shopping centers within the portfolio.
In addition to his commercial development company, Mr. Swain founded and operated a chain of 14 video rental stores from 1989 – 2002. In 2002, the chain was acquired by Movie Gallery, then the nation’s third largest video retailer.
Mr. Swain is actively involved in the non-profit arena, serving on multiple boards. He has served as Chairman of the Board of Visitors for the University of North Carolina at Wilmington as member of the Board of Directors of the Cameron Business School, Board of Directors of Centura Bank, Executive Advisory Board for the UNCW Board of Visitors and the University of North Carolina at Chapel Hill Board of Visitors. Mr. Swain was one of six area leaders chosen to direct the University of North Carolina at Wilmington’s efforts to select its current Chancellor. In 2011 he successfully led the committee tasked with hiring the University’s new Athletic Director.
Mr. Swain has served on the Board of Trustees for the University of North Carolina at Wilmington and the Board of Trustees of New Hanover Regional Medial Center – eastern North Carolina’s largest hospital. He has been a member of the International Council of Shopping Center Developers for over 30 years and has been an active member of the North Carolina Apartment Builders, the Wilmington Chamber of Commerce and the Committee of 100.
Mr. Swain and his wife have given freely of their time and resources to numerous philanthropic causes including the March of Dimes and the Pink Ribbon Project. They are also benefactors of the Cape Fear Museum.
The son of a schoolteacher, Mr. Swain strongly supports initiatives that facilitate equal and affordable access to higher education. To that end, he and his wife have funded 17 college scholarships for children of New Hanover County civil servants. Additionally, in 2009 Mr. and Mrs. Swain donated $1 million to the University of North Carolina at Wilmington to found the Swain Center for Business and Economic Services.
Development & Leasing
After graduating from the University of North Carolina at Chapel Hill in 2002, Jason joined the Swain & Associates team to learn the family business.
Today Jason is involved in all new projects the company undertakes and oversees all elements of the development process including property acquisition, project leasing and financing.
Jason and his wife, Katie live in Wilmington with their daughter Cate. Jason is a member of the International Council of Shopping Centers, a member of the board of the Swain Center for Business and Economic Development and is a member at Saint Andrews Covenant Presbyterian Church where he serves on numerous boards.
Director of Property Management
A graduate of North Carolina State University, Sam held executive positions at both Martin Marrieta and Service Roofing before arriving at Swain & Associates. In just one year at Service Roofing Sam was able to take their flagging Wilmington, North Carolina division and turn it into one of the most profitable divisions in the county.
Today Sam works closely with a large team of vendors, owners, tenants and municipalities across the country to ensure portfolio properties run at optimal efficiency.
Sam and his wife Jennings live in Wilmington and have three children. He is actively involved in Saint Andrews Covenant Presbyterian Church where he leads the Fellowship Committee, the largest committee by budget. Sam is an outdoorsman at heart and most often you can find him hunting, fishing or exploring in the outdoors.
As a student at the University of North Carolina Wilmington, Andrew traveled the country as head manager of the men’s basketball team — even flying to Sacramento & Nashville as the Hawks competed in the NCAA tournament.
Today, Andrew travels across North Carolina as part of the Swain & Associates team, developing relationships and working to find development and leasing opportunities.
Andrew graduated from UNCW in 2004 and worked for two years managing the multiple listing services for a local real estate office before joining Swain & Associates in 2006.
Andrew lives in Wilmington where he loves playing guitar, golf and spending time with his son Banks.
Development Manager, Lead Analyst & Lead Negotiator
A magna cum laude graduate of the University of North Carolina- Greensboro with a bachelor of science in accounting, Claude has worked in the financial realm of several business sectors. After earning his CPA license, he began his career in the real estate tax division of Arthur Andersen, and has been involved in numerous aspects of real estate and development ever since. After taking a year off to sail the Bahamas following an illness, he and his wife followed their passion to the coast, choosing to reside near Wrightsville Beach, NC.
Claude is very involved in the real estate development process, including site selection and acquisition, financial and feasibility analysis, as well as contract and lease negotiations.
Claude and his wife, Odette, have living in Wilmington since 1992 and have one daughter, Maggie. Outside of work, Claude is active in many community and church organizations and enjoys golf, boating, surfing, and spending time with his family.
Deal Manager, Banking & Legal Specialist
Mary was born and raised in Wake Forest, NC and holds a Business Degree from the University of North Carolina at Wilmington. Before joining Swain & Associates in 2016, she spent over 15 years in the banking industry. Mary’s extensive banking background is a valuable asset to the company.
Mary is intricately involved in all aspects of the development process, meticulously managing the company’s pipeline, coordinating all legal documents, lease negotiations and due diligence. She and Claude Arnold also work closely together on financial modeling and debt placement in the capital markets.
Mary lives in Wilmington with her husband, Billy and their two children, Wilks and June. She most enjoys being a soccer and dance mom!
Alex’s job is to make it easy for clients to find the best location for their business – at the best price.
Normally working on behalf of a client’s real estate representative, Alex scouts locations in North Carolina and South Carolina, canvassing target areas for the 4-5 best locations. Then he’ll narrow the list and begin negotiations with targeted landowners to strike the best deal.
A native of Rocky Mount, N.C., Alex earned a bachelor of arts in political science from the University of North Carolina-Chapel Hill in 1983. In 1991, he earned a master of business administration from UNC-CH’s Kenan-Flagler Business School.
In between, he worked in the export tobacco business for nearly five years. Alex moved to Wilmington in the 1990s to work for Swain.
Alex and his wife, Lee, live in Wrightsville Beach. They have two children: son Sandy, and daughter Emma. In his spare time, Alex enjoys boating along the beautiful North Carolina shore.