News

Broadtree Residential, Inc. Acquires Walden Ridge Apartment Community in Kennesaw, GA

Private REIT Begins Accepting New Equity Capital in November

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 the REIT’s third multifamily apartment community, and the re-launch of capital raising activities to fund the continued growth of the REIT. Continue reading

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

Blog

U.S. Homeownership Hits Lowest Point in 48 Years

Back in 1967, Lyndon Johnson was our President, Sgt. Pepper’s Lonely Hearts Club Band topped the Billboard charts, a gallon of gas only cost 33 cents, and the homeownership rate was 63.3%.

In the second quarter of 2015, Barack Obama was our President, See You Again topped the Billboard charts, a gallon of gas cost $2.80 and was considered cheap, and the U.S. homeownership rate fell below 63.5% for the first time in 48 years! Continue reading