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Investors - APRIL 4, 2023

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New firm launches to develop multifamily communities throughout the Southeast and Sunbelt

by Released

Imperium Development has launched as a multifamily development firm focused on creating premium, sustainable housing in high-barrier-to-entry, supply-constrained markets across the Southeast and Sun Belt. The firm’s goal is to deliver exceptional product and value to residents, communities and investors through superior execution, risk management and innovation.

Imperium already has two class A multifamily communities under development in Georgia: Walker’s Ridge Apartments (240 units) in Cartersville and South Davis Apartments (300 units) in LaGrange. These markets, which are supported by strong long-term demographic and employment fundamentals, are poised to benefit from the high-quality market-rate product that Imperium plans to deliver in 2024. Each garden-style community will feature a mix of one-, two- and three-bedroom floorplans that include high-end finishes and amenities.

Headquartered in Atlanta, Imperium is led by Greg Power and Mike Handza, two accompl

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