Quinn Residences, an Atlanta-based owner and operator of newly built single-family rental communities today announced the acquisition of six additional properties throughout Georgia, Florida and the Carolinas. These future communities, which will be built expressly for Quinn by local development partners, will increase Quinn’s portfolio by more than 50%, to nearly 2,300 homes across 17 sites.
“The addition of these six communities supports our strategy of expansion by creating new communities of high-quality, thoughtfully designed homes at reasonable price points in some of America’s fastest growing housing markets,” said Richard Ross, Chief Executive Officer of Quinn Residences in a statement. “We are excited to continue our strong growth trajectory, welcome new residents to the Quinn family and help address the urgent need for additional housing supply in the regions we operate in.”
Quinn remains focused on Atlanta’s attractive real estate market and is expanding its presence in the area with the acquisition of three new communities that were developed for Quinn: Vista Lakes in Dallas, Towns on Church in Decatur, and Winder Retreat in Winder.
Vista Lakes will consist of 52 three- and four-bedroom single-family homes with access to resort-style amenities. First homes will be available in June of 2022. Towns on Church is located just two-miles west of I-285, which provides quick access to Midtown Atlanta, the largest employment hub in the area. Towns on Church will total 45 three- and four-bedroom multi-story townhomes and is scheduled to deliver first homes by the end of 2022. Winder Retreat is well positioned between Atlanta and Athens, GA, which is known for being the home to the University of Georgia. Winder Retreat will add 232 three and four-bedroom homes averaging 2,000 square feet and will be ready for occupancy in the first quarter of 2023.
Quinn Residences is a privately held real estate operating company focused on acquiring, developing, and operating newly built, single-family rental communities located primarily in the Southeastern United States.
