Broadtree Homes Acquires 264-Unit Multifamily Apartment Community in Atlanta Area

Private REIT Now Owns 770 Residential Rental Units

ROCHESTER, N.Y. – Broadtree Homes, Inc. (Broadtree), a private Real Estate Investment Trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), today announced the acquisition of Glenwood Vista Apartment Homes (Glenwood Vista), a 264-unit, gated multifamily community located in Stockbridge, Georgia, for a purchase price of $23.5 million. This is the first multifamily acquisition by Broadtree, a diversified residential income REIT that invests in a continuum of residential rental housing, including single family homes and multifamily apartments. Continue reading