$176 Million Credit Facility Secured for Atlanta-Area Rental Portfolio

Walker & Dunlop has successfully arranged a $176 million credit facility for the development of seven single-family rental communities in the Atlanta metropolitan area. This financing, provided by Brookfield Asset Management’s Real Estate Credit group, will support a portfolio comprising 709 homes across various suburbs including McDonough, Loganville, Cartersville, Hoschton, Dallas, and Jefferson, totaling 1.4 million rentable square feet. The properties feature a mix of three-, four-, and five-bedroom homes, catering to the growing demand for single-family rentals in the region, driven by population growth and economic stability. The financing marks a significant opportunity for JPMorgan Asset Management’s institutional investors and highlights the competitive landscape for rental investments in suburban Atlanta. Jonathan Schwartz from Walker & Dunlop emphasized that the demand for such rental properties has surged as barriers to home ownership increase. This project is expected to pave the way for further developments in the single-family rental market.