News

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

Private REIT Continues to Grow Atlanta Presence

ROCHESTER, N.Y. – Broadtree Residential (Broadtree), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), today announced the acquisition of “Somerset at the Crossings” (Somerset), a 264-unit multifamily community located in Tucker, Georgia, for a purchase price of $23.5 million. Continue reading

News

Broadtree Residential Acquires Portfolio of 120 Atlanta-Area Single Family Rental Homes

Private REIT Now Owns 930 Residential Units in Six States

ROCHESTER, N.Y. – Broadtree Residential (Broadtree), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), continues to grow its diversified residential income REIT. Today, Broadtree announced the acquisition of a portfolio of 120 single family rental homes in suburban Atlanta, Georgia, for a total purchase price of approximately $8.5 million. Continue reading

News

Broadtree Homes Acquires Portfolio of 37 Atlanta-Area Single Family Rental Homes

Real Asset Funds

Private REIT Now Owns 810 Residential Units in Six States

ROCHESTER, N.Y. – Broadtree Homes (Broadtree), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), continues to grow its diversified residential income REIT. Today, Broadtree announced the acquisition of a portfolio of 37 single family rental homes in suburban Atlanta, Georgia, for a total purchase price of approximately $2.6 million. Continue reading

News

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

News

Broadtree Homes Receives Additional $25 Million Equity Commitment

Private REIT Seeks to Acquire Multifamily and Single Family Rental Homes

ROCHESTER, N.Y. – Broadtree Homes, Inc. (BTH), a private Real Estate Investment Trust (REIT) managed by Broadstone Real Estate, LLC (BRE), is seeking multifamily communities and portfolios of single family rental homes (SFR) for acquisition. On March 3, 2016, BRE committed an additional $25 million of capital to BTH at the same price and terms available to other investors. This additional sponsor commitment more than doubles insider holdings in the REIT. BTH currently owns 473 diversified, geographically dispersed rental units in four U.S. markets, and now has the capacity to acquire another $100 million of residential properties. Continue reading

News

Broadtree Homes Acquires 149 Rental Properties in Florida

Private Investment Offering Currently Owns 470 Total Residential Properties

ROCHESTER, N.Y. – Broadtree Homes (BTH) a private real estate investment offering managed by Broadstone Real Estate, LLC (BRE), has acquired 149 residential rental properties from reBOUND Residential, LLC for a total purchase price of $17.1 million. The transaction, which closed today, brings BTH’s Florida-area residential real estate holdings to 183 properties, and the portfolio total to 470 residential properties in four key U.S. markets. BTH’s acquisitions team seeks to acquire additional stabilized property portfolios, including single family homes, multifamily apartments, age restricted housing, and other types of residential real estate. Continue reading

News

Broadtree Homes featured in Rochester Business Journal

Broadtree Homes 2014 growth

The continued growth of Broadtree Homes was recently featured in the Rochester Business Journal. The article, which can be viewed here, discusses Broadtree’s portfolio expansion and growth in four key markets: Rochester, NY, Minneapolis, MN, Atlanta, GA, and Palm Beach County, FL. As of January 1st, 2015, Broadtree owns 300 single-family homes across the United States. Continue reading

News

Broadtree Homes Acquires 24 Additional Single-Family Rental Homes in Atlanta; Seeks Further Investment Opportunities

– Private Investment Offering has Acquired 202 Atlanta Properties–

ROCHESTER, N.Y. – Broadtree Homes (Broadtree), a private real estate investment offering managed by Broadstone Real Estate, LLC (Broadstone), has acquired an additional 24 Single-Family Rental (SFR) homes from The Dominion Group (Dominion) for a total purchase price of approximately $2 million. The transaction closed on Monday, December 22nd, and brings Broadtree’s Atlanta-area SFR holdings to 202 homes. Broadtree anticipates the closing of one additional home before year end, which would bring its Atlanta-area SFR holdings to 203, and the overall portfolio to 300 homes across four markets. Broadtree’s Acquisitions team seeks to acquire additional stabilized portfolios in Atlanta and elsewhere throughout the United States. Continue reading

News

Broadtree Homes Closes on New Loan to Aid Further Growth

Private Investment Offering Seeks Portfolio Acquisition Opportunities

ROCHESTER, N.Y. – On Tuesday, October 21st, 2014, Broadtree Homes (BTH), a private real estate investment offering managed by Broadstone Real Estate, announced that is has closed on a new loan to aid further growth.  ESL Federal Credit Union (the largest credit union in New York State, and one of the largest in the United States) issued the facility, which is secured by BTH’s western New York portfolio holdings.

The loan, which carries a ten-year term, will provide funds for consolidation efforts, allowing the company to acquire additional Single Family Rental homes (SFRs). Continue reading