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CenterSquare and Haven Realty Capital buy SFR community in Atlanta
Transactions - NOVEMBER 17, 2021

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CenterSquare and Haven Realty Capital buy SFR community in Atlanta

by Released

CenterSquare, in a joint venture with Haven Realty Capital, has acquired Bridlewood Townhomes, a 127-unit build-to-rent townhome community in the Douglasville suburb of Atlanta. The sales price was not disclosed.

The property is under construction by a regional home builder and will be acquired in phases beginning in November 2022 as the townhomes are completed. Bridlewood features spacious three-bedroom, two-and-a-half-bathroom floor plans with attached garages and outdoor patios. The interiors include stainless steel appliances, granite countertops, faux hardwood floors and modern finishes.

The townhomes will provide a new, highly differentiated housing option to the undersupplied region which boasts a growing industrial market and labor force seeking quality housing alternatives. Bridlewood tenants will enjoy community amenities, including a pool and clubhouse, on-site property management and affordable rents. This is CenterSquare’s second build-to-rent investment

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