AUGUST 5, 2019

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RSE and Carter acquire Georgia multifamily portfolio for $203m

by Released

RSE Capital Partners and Carter Multifamily have acquired an 11-asset multifamily portfolio across Georgia for $203 million.

“Our team is excited to be partnering with RSE as we further embed our footprint across the Southeast in markets with robust demand for value-oriented housing,” said Cindy Pfeifer, CEO of Carter Multifamily.

The 1,966-unit portfolio includes apartment communities in Savannah, Macon, Augusta and Atlanta. The partners believe that the portfolio is well positioned to take advantage of the strong demographics and labor growth that is occurring throughout the Southeast, sustaining demand for a limited supply of quality workforce housing.

The Georgia Portfolio acquisition marks the first joint venture between RSE and Carter and increases

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